|By Business Wire||
|June 19, 2014 08:09 AM EDT||
O2 Secure Wireless, Inc. (OTC PINK: OTOW), a developer of domestic and international hi-speed wireless Internet facilities, Mobile Internet solutions and the OTOW Network, announced that it began formal negotiations with a global mobile content supplier to offer mobile entertainment content to markets worldwide and the company’s current developing markets.
“The Company intends to offer the OTOW Network user the ability to immediately gain unlimited access to the most complete content 'pick and mix' mobile database available, anywhere. All of the content will be offered in multiple formats for worldwide delivery and functionality for mass revenue generation. The mobile entertainment industry is growing immensely and right now there is space and opportunity to succeed in this lucrative market,” stated Val Kazia, CEO of O2 Secure Wireless Inc.
A new report out by Juniper Research has found that by 2017, annual revenues from only mobile entertainment services will reach almost $75 billion. This substantial growth is primarily driven by the emergence of more sophisticated monetization strategies, allied to a nascent ecosystem of app-centric mobile devices, such as smart watches.
"Our strategy of integrating OTOW’s domestic and international hi-speed wireless Internet facilities and Mobile Internet solutions technology to distribute high demand content is on target to produce various advertising and subscription revenue streams from multiple sources for the Company. Completion of the negotiations with the mobile content suppliers are expected to be completed this month. The parties have agreed that to maintain the confidentiality of all of the parties in order to protect any competitive interests during the period of the negotiations, we are also looking at providing original content” commented Val Kazia, CEO of O2 Secure Wireless Inc.
The Company recently announced the release of the O2 VOIP app that is now available for download from the Google Play Store and the Apple App Store. Downloads of the O2 VOIP app continues to increase monthly providing the company with an additional revenue stream. Downloads are being tracked worldwide with a large increase recently from the Asia markets. Mobile VoIP subscribers will near 410 million by 2015.
About O2 Secure Wireless (http://o2securewireless.com)
O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically. Under a merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
Thank you for your interest in O2 SECURE WIRELESS, INC.
Val Kazia, CEO of O2 Secure Wireless Inc.
For more information: http://o2securewireless.com
Investor Relations: 855-222-0211
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