OneFi Technology, Inc. Announces Third Quarter Revenue Projections of $20,000,000
* Reuters is not responsible for the content in this press release.
LOS ANGELES, CA, Jun 10 (MARKET WIRE) --
OneFi Technology, Inc. (PINKSHEETS: ONFI) projects revenues to exceed
$20,000,000 for the 3rd quarter ending September 30, 2009. Chet Noblett,
Chairman and President of OneFi Technology, said, "This is an estimate
when you consider all the positive things happening with the Company such
as the Navajo Nation contract announced, contracts being negotiated with
other Indian Reservations, the OneFi share of the Federal Government's
Stimulus package for broadband connectivity in rural communities and the
potential business in the Gulf Cooperation Council Nations through our
strong contacts in Saudi Arabia. There are other very positive contracts
and agreements in process to be announced in the near future."
About OneFi Technology, Inc.
OneFi Technology, Inc. is a WiMax company developing broadband networks
that are capable of 4G compatible (4th generation capability). 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: www.onefitechnology.com
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
Copyright 2009, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters