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Anyone who sold at peak considering jumping back in? Down about 35% so far today, to .081 about 40 min after open. Anyone buying on the dip?
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OneFi Announces the Signing of a Letter of Intent With Secure World International to Add Encryption Protection on the OneFi Networks Jun 25, 2009 6:12:00 PM
LOS ANGELES, CA -- (MARKET WIRE) -- 06/25/09 -- OneFi Technology, Inc. (PINKSHEETS: ONFI) announced today that it has signed a letter of intent (LOI) with Secure World to provide its encryption protection technology on the OneFi Networks. Mr. Rich Tackels, the Chief Operating Officer of Secure World International, says, "We are very enthusiastic about the opportunity to launch our encryption solutions with OneFi Technology. We bring a serious technical solution to OneFi which will enable all text and voice communications to be encrypted so that the customer's messages cannot be hacked or monitored."
Chet Noblett, President of OneFi Technology, says, "We are pleased to move forward with Secure World so that OneFi can offer a communications environment where our customers are confident that their use of devices on our networks is safe and secure."
About OneFi Technology, Inc.
OneFi Technology, Inc. is a WiMax company developing broadband networks that are capable of 4G (4th generation) compatibility. OneFi Technology's focus is on rural communities and developing countries. WiMax is a wireless technology for the delivery of broadband internet.
This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.
Contact: OneFi Technology, Inc. Investor Relations Tom White Email Contact
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