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This is an excellent company good management should consider buying.
Diverse Networks, Inc. Signs Master Services Agreement With Camvera Networks, Inc. Wednesday March 8, 6:00 am ET
SAN DIEGO, March 8 /PRNewswire-FirstCall/ -- The Jackson Rivers Company (OTC Bulletin Board: JKRI - News) announced today that its wholly owned subsidiary, Diverse Networks, Inc., has signed a Master Services Agreement (MSA) with Camvera Networks, Inc., an established provider of wireless data services to municipalities and utility markets in the Southern United States. Under the terms of the agreement Diverse will provide Camvera with network management and operational support services associated with the building and operation of the wireless networks.
Camvera designs, engineers, installs and supports state-of-the-art Non- Line-of-Sight fixed wireless broadband systems primarily for small municipalities, utility companies, and ISPs in under-served rural markets throughout the United States. The typical coverage "footprint" often exceeds 300 square miles and integrates effectively with current fiber optic networks. To date, Camvera has installed over 12 networks primarily in the southern regions of the United States.
Diverse Networks, Inc. intends to support Camvera's operations through one of the hardened Network Operations Centers (NOC) at its Houston facility. Diverse originally built these facilities to manage and operate networks for Palm.net and OmniSky and has more recently used the operation centers to provide services for other wireless network providers. The NOC also serves as the host and management center for Diverse's M2M platform.
"Camvera is the leading provider of municipal wireless broadband systems in the U.S.," noted Carl Peede, President of Camvera Networks. "We've built a solid reputation for building cost effective, turn-key wireless networks for underserved rural communities. This agreement with Diverse allows us to expand our offerings to include carrier grade management and operational support to our clients and their networks."
Added Peede, "We feel that by leveraging the facilities and broad wireless operational experience of Diverse Networks, we create a much greater value proposition for our customers."
"Diverse Networks feels privileged to be able to help serve Camvera and their clients," stated Jim Nelson, President of Diverse Networks and Jackson Rivers. "We see a high level of synergism between our two companies as we move forward in building a M2M solutions company. We anticipate using transport services from the many Camvera designed and operated wireless networks as we implement M2M solutions in the municipalities served by Camvera."
Camvera has offices in Atlanta, GA. Additional information on Camvera Networks, Inc. can be found by visiting the company's Web site at www.camvera.com. Information relating to Diverse Networks, Inc. can be found at www.diversenet.com. The Jackson Rivers Company is a publicly traded corporation on the OTC Bulletin Board. The company's ticker symbol is JKRI. Information on The Jackson Rivers Company can be found at www.jacksonrivers.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of JKRI and Diverse officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future JKRI and Diverse actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and JKRI has no specific intention to update these statements.
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I am not sure why more people dont like this company, I think they have great management and business. should consider taking a closer look at this company
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