OneFi Technology, Inc. Announces Its Commitment to Native American Communities
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LOS ANGELES, CA, May 18 (MARKET WIRE) --
OneFi Technology, Inc. (PINKSHEETS: ONFI) has executed an agreement with
the Navajo Nation to build and deploy its WiMax technology to the Navajo
community. The contract is valued at $20,000,000 when installed. Tom
White, CFO at OneFi, says, "I have worked very closely with our people to
develop this project and I am very excited about moving this forward. We
can deliver the network to meet the needs of the Navajo community."
Mr. DJ Martinez, representing OneFi to the Navajo Nation, has managed the
process and he states, "The 600 square mile Navajo Nation Reservation
needs to be connected and allowed access to broadband internet through a
21st century communications network." OneFi will use the model developed
with this project to expand its commitment to other Native American
communities and rural areas.
About OneFi Technology, Inc.
OneFi Technology Inc. is a WiMax company developing broadband networks
that are capable of 4G compatible. OneFi Technology's focus is on rural
communities and developing countries. WiMax is a wireless technology for
the delivery of broadband internet.
For Additional Information, Go to the Website:
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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