ST. AUGUSTINE, Fla.,
Oct. 30, 2014 /PRNewswire/ -- O2
Secure Wireless, Inc. (OTC PINK: OTOW), is pleased to announce that
the company is currently in negotiations to acquire Technologies
Argus First de Mexico S.A de C.V., who services the telecom
industry for Mexico. This target
acquisition brings a stable environment and revenue to benefit the
shareholders and the overall growth of O2 Secure Wireless as the
company begins the uplisting process to the OTCBB exchange.
"Our valuation team and acquisition target company estimates
that this acquisition will bring up to $20
million dollars in gross revenue stream to O2 Secure
Wireless Inc. from service contracts that are already in place,"
said Val Kazia, President of O2
Secure Wireless Inc.
Technologies Argus First de Mexico S.A de C.V started operations
in 2001, and since then the company is engaged in the marketing of
power systems, the provision of services, equipment installation,
maintenance of cell sites, repair of power equipment and many other
areas of business in its sector. From the inception of the company,
First Argus Technologies established themself as one of the best
companies and services to meet the needs of its customers in the
area of telecommunications. They have a fully qualified staff and
the eagerness of service facilities necessary to achieve these
goals. Today, Technologies Argus First de Mexico S.A de C.V takes a
prominent position in the market and increase its investment to
expand opportunities for its clients in Mexico as well as the launch of a new plant
which is also aims to reduce delivery times, cost optimization,
strengthening a more aggressive marketing strategy, removing
logistical problems in accessing new markets and consumers, and
above all, the creation of jobs in support of the Mexican
economy.
Mexico will see 22% growth in
the number of smart connected device shipments by the end of 2014
with some 37 million, consultancy IDC said. IDC forecasts the Latin
American market for smart connected devices grew over 43% in 2013
resulting in 140 million of such devices. The growth in these
devices in Mexico was the biggest
in the region. IDC predicted the Internet of Things represented US
$539 billion in Latin America by the end of 2013 and grew over
14% in 2014, above the global average forecast by IDC of 10%.
According to Cristina Rivas, head
of consumer research for IDC Mexico, the PC market is maturing and
though consumers are opting for alternative means of connecting to
the internet, PCs are still the main tool for content creation.
Mexico's economy expanded more
than forecasted in the second quarter of 2014 as a rebound in U.S.
demand boosted exports, helping Latin
America's second-largest economy recover from six months of
disappointing growth. Its Gross domestic product climbed 1 percent
from the previous three months, faster than first-quarter growth
that was revised up to 0.4 percent (the national statistics
institute reports). The median forecast of 14 economists surveyed
by Bloomberg was for growth of 0.8 percent. GDP grew 1.6 percent
from a year earlier, down from 1.9 percent in the first quarter, as
Easter fell in April this year instead of March.
About Technologies Argus First de Mexico S.A de C.V
Argus provides long term maintenance for telecom providers at
cell sites which includes site and tower inspection, security,
landscaping power supply maintenance, battery replacement,
fabrication, assembling, purchase and sale packaging, equipment and
distribution of regulators in General Electric low voltage
applications for Wireless Optical Fiber in Bandwith for traditional
telephone and similar products.
About O2 Secure Wireless Inc.
O2 Secure Wireless is a Company that is currently developing
numerous wireless tower facilities in the U.S. The Company is also
instrumental in the development of wireless broadband communication
services domestically. Under a merger with Earthcom Service Inc.,
the Company is currently being structured to provide affordable
flat rate pre-paid wireless services in developing countries
internationally.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report.
For more information visit our website:
http://www.o2securewireless.com or info@o2securewireless.com
SOURCE O2 Secure Wireless, Inc.