ERF Wireless Focuses on CY 2015 with New Products and Services to Grow Revenues and Margins
November 25 2014 - 8:35AM
eTeligis
LEAGUE CITY, TX(Eteligis Inc.)
LEAGUE CITY, TX, United States, via ETELIGIS INC., 11/25/2014 -
- ERF Wireless Inc. (OTCQB: ERFB) announced today that its recent
residential network divestiture ideally positions it in CY 2015 to
focus its Energy Broadband Inc. ("EBI") subsidiary on the highly
profitable oil and gas sector in a totally new and dynamic manner.
Specifically, the available new resources are contributing to this
new EBI growth opportunity in three distinctive ways.
(1) ERF Wireless and EBI recently have begun development of a
number of new products and services that are in great need by the
oil and gas industry. The available additional resources now allow
the full deployment to the oil and gas marketplace of these new
products including very high bandwidth wireless delivery technology
and products in addition to more and diversified drilling site
products.
(2) Some of the new products not only deliver a higher bandwidth
service to the EBI oil and gas customers but also should allow EBI
to offer this same level of service to its oil and gas customers
well beyond the existing wireless footprint of the currently owned
ERF Wireless networks due to the unique manner in which the new
products deliver the bandwidth to the customers.
(3) One of the primary CY 2015 ERF Wireless business objectives
and also an expected by-product of the expanded new products and
service areas is the anticipated increase of the number of active
oil and gas companies on the EBI customer list. EBI has typically
had over the past few years a central core of several dozen oil and
gas customers for fixed-site as well as drilling operations but,
with new expanded product and service offerings and service areas
that are not limited to company-owned wireless footprints, the
available potential customer list is almost limitless.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation
located in League City, Texas, and is the parent company of Energy
Broadband Inc., ERF Enterprise Network Services, ERF Bundled
Wireless Services, ERF Wireless Messaging Services and ERF Network
Services. The company specializes in providing wireless and
broadband product and service solutions to enterprise, commercial
and residential clients on a regional, national and international
basis. Its principals have been in the wireless broadband, network
integration, triple-play FTTH, IPTV and content delivery business
for more than 40 years. For more information, please visit our
websites at www.erfwireless.com, www.energybroadband.com and
www.erfwireless.net or call 281-538-2101. (ERFBG)
Forward-Looking Information
The information in this release may contain forward-looking
statements relating to anticipated or expected events, activities,
trends or results. Forward-looking statements, can be identified by
the use of forward looking terminology such as "believes,"
"suggests," "expects," "may," "goal," "estimates," "should,"
"likelihood," "plans," "targets," "intends," "could," or
"anticipates," or the negative thereof, or other variations
thereon, or comparable terminology, or by discussions of strategy
or objectives. Because forward-looking statements relate to matters
that have not yet occurred, these statements are inherently subject
to risks and uncertainties. Forward-looking statements in this
release include, without limitation, the Company's expectations of
continued expansion into oil and gas markets and of our terrestrial
broadband networks, along with other performance results. These
statements are made to provide the public with management's current
assessment of our business, and it should not be assumed that that
the forward looking statements will prove to be correct. Security
holders are cautioned that such forward-looking statements involve
risks and uncertainties. The forward-looking statements contained
in this release only as of the date hereof, and we expressly
disclaim any obligation or undertaking to report any updates or
revisions to any such statement to reflect any change in
management's expectations or any change in events, conditions or
circumstances on which any such statement is based. Certain factors
may cause results to differ materially from those anticipated by
some of the statements made in this release. Please carefully
review our filings with the Securities and Exchange Commission as
we have identified many risk factors that impact our business
plan.
CONTACT:
ERF Wireless Inc.
Clareen O'Quinn
281-538-2101 ext. 113
coquinn@erfwireless.com
Financial Relations Firm:
Mirador Consulting LLC
561-989-3600
lbigbidask@aol.com
SOURCE: ERF Wireless Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28573
- Link to submission on http://www.eteligis.com
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