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TORONTO, Aug. 6 /PRNewswire-FirstCall/ - KIWI Network Solutions, Inc., (OTCBB: KWNS - News) a broadband infrastructure and service provider working in partnership, announced today that it has completed an $8 million contract with Teltek Canada Inc. (www.teltekcanadainc.com) to supply broadband platform, devices and applications for initial deployment in Kuwait City, Kuwait. Derek Pepler, Director of KIWI, stated, "The $1.3 Million in this contract will enable KIWI to more rapidly convert our technology and applications for use specifically in Kuwait." Mr. Al-Shaibani CEO of Teltek stated: "The contract, when successfully financed and deployed, serves as a first step towards an estimated national rollout of the partnership devices and applications of approximately USD$150 Million for Kuwait." KIWI Network Solutions Inc. is a developer and distributor of third party devices and peripherals that are enabled to deliver 2-Way voice, video, audio, data and short messaging over applicable broadband Internet Protocols, Multiple Cellular Networks, Short Messaging, 802.11B/G and other networks. The technologies and hardware are compatible with all major cellular carriers, ISPs and virtual network companies. This material includes forward-looking statements based on management's Current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities Act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
Contact :
Mr. Derek Pepler Director, KIWI Network Solutions Inc. Direct Line 416 271 2514 Email: dpepler@equigenesis.com
SOURCE KIWI Network Solutions, Inc. -0- 08/06/2004 /CONTACT: Mr. Derek Pepler, Director, KIWI Network Solutions Inc., Direct Line, (416) 271-2514, Email: dpepler@equigenesis.com/ (KWNS)
CO: KIWI Network Solutions, Inc. ST: Ontario IN: OTC SU: CON
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I just got into this one. Hoping it will do something.This is just by guessing and no knowledge of it. Would like to know what others think of it though.
Posts: 200 | Registered: Aug 2004
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