Inova Technology To Receive $511,600 in Contract Revenues for Network Solutions Work with a School District in Texas
SANTA MONICA, Calif., April 19 /PRNewswire-FirstCall/ -- Inova Technology (OTC Bulletin Board: INVA), through its wholly-owned subsidiary, Desert Communications, Inc., announced today it will receive $511,600 in payments during the first calendar quarter of 2010 from, Midland Independent School District in Texas, for the network solutions it provides for elementary schools through high schools in this district which serves 21,000 students.
"Funding for such projects is done in combination with The Schools and Libraries Program of the Universal Service Fund, commonly called 'E-Rate,' which is administered by U.S. Federal Communications Commission," said Inova CEO Adam Radly. "The Federal Government wants schools and libraries in the U.S. to have affordable telecommunications and Internet access and, through Desert Communications, we provide these important services."
"The Midland Independent School District is a microcosm of the contracts available in the E-Rate program and Inova Technology will continue to move aggressively to serve this sector," Mr. Radly said. "Midland is only one of the school districts we serve."
About Inova Technology
Inova Technology, Inc. (INVA) is an enterprise level information technology solutions provider specializing in providing RFID solutions, wireless networking, storage and security technology solutions and IT professional services. Its objective is to implement and optimize solutions for clients with best of breed technology and the best possible service. INVA has two complimentary business units, RightTag Inc., providing RFID solutions to manage and track objects, and Desert Communications., Inc., providing network solutions for hundreds of entities, including school systems, since its inception in 1994.
For more information please visit the Company website at: http://www.inovatechnology.com .
Safe Harbor Statement: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact: Adam Radly, CEO |
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SOURCE Inova Technology, Inc.
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