Technologies Argus First de Mexico to be acquired by O2 Secure Wireless
Update on the pending acquisition of Technologies Argus First de Mexico expected to be completed before the New Year & the $20 million dollar capital infusion into the company
ST. AUGUSTINE, Fla., Nov. 5, 2014 /PRNewswire/ -- O2 Secure Wireless, Inc. (OTC PINK: OTOW), is pleased to announce that the company is in its final stages of preparing for the completion of the acquisition of Technologies Argus First de Mexico S.A de C.V., who is a premier service provider to the telecom industry in Mexico for over 13 years. Once the acquisition is fully completed, O2 Secure Wireless will begin the up-listing process to the OTCBB exchange for the benefit of its shareholders and the growth and expansion of its holdings, projects and as a part of the Technologies Argus acquisition.
"I am very confident on completing the acquisition with O2 Secure Wireless before the end of this quarter. This acquisition is friendly to my shareholders, very strategic for the growth of the company and uncomplicated. Investment capital from our Investors, who are excited about this acquisition, will allow us to expand exponentially. We will be able to be more efficient in bringing new technology to our current customers and expand into a brand new customer base giving us access to new markets immediately," said Luis Galvis president of Technologies Argus First de Mexico S.A de C.V.
The O2 Secure Wireless and Technologies Argus First de Mexico S.A de C.V. acquisition teams and auditors are firm on the previously projected capital infusion of $20 million dollars in gross revenue stream in the coming months from service contracts that are already in place a part from various investors who are putting in indications of interest in funding the new project. "The contracts and revenue stream that Technologies Argus brings to the table will take both companies to the next level. Entering into the South American market will allow amazing growth opportunities for our company. We have been approached by many Investors and funds in the past who we have turned down once we have seen their final funding terms which would greatly hurt the company. With this new acquisition, we are happy to say various groups who have seen the benefit in not diluting the company and potentially hurting the shareholders have approached us. I would also like to let the shareholders know that we are working around the clock to get the company audit ready so we can up-list come the New Year," said Val Kazia, CEO 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 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. Full disclosure will be made on the clients of Technologies Argus once the acquisition has been filed.
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 Bandwidth 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 [email protected]
SOURCE O2 Secure Wireless, Inc.
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