On The Go Technologies Awarded $90,000 Telco Contract7 August 2005
On The Go Technologies Group ('the Company'), a leading multi-industry computer hardware,
software and peripherals VAR and systems integrator and corporate multimedia
digital service solutions provider, announced today that the Company's
Infinity Technologies Division has been awarded a contract to deliver
communication and routing devices to an Ontario based Telco firm. The
contract, in the amount of $90,000, involves the delivery of 50 communications
and integrated Virtual Private Network (VPN) routing and spam technology
devices. The first 15 devices, representative of Phase 1 of the contract, have
been shipped, with the balance of the order to be shipped and installed by end
of August 2005.
According to international research firm Frost and Sullivan, the Telecom
and Communications sector is focusing strongly on effective "triple-play"
offerings: voice, the Internet, and video. Those that make the decision to
offer such services, as this client is, are more apt to retain the most
lucrative customers and capture a stronger market share from Cable operators.
With such increased capabilities, these Telco carriers will be in a position
to increase revenues significantly, not only in conjunction with the
triple-play bundle but also as future high bandwidth and converged
applications gain in popularity.
"Infinity continues to provide us strong order flow as we commence our
2006 fiscal year," Stuart Turk, Company President and CEO, remarked. "Telco's
and communication service providers have always proven to be active equipment
users, as indicated by industry forecasts. We anticipate a long and
resourceful relationship with this client."
About On The Go Technologies Group
On The Go Technologies Group is a leading, North American corporation
focused on acquiring versatile and profitable companies in the IT sector. By
way of its four Divisions to date: Value Added Resellers Compuquest and
Infinity Technologies, both catering to Fortune 1000 clientele and vendors
like HP, Apple, IBM, Extreme Networks and Adobe; Helios|Oceana, a prominent
systems integrator in the US and Canadian entertainment and education
industries; and Go Motion and Design, the Company's complete in-house
multimedia studio, On The Go has established itself as a respected industry
competitor. The Company intention is to maintain sustained growth in the years
to come via both continued development in their existing divisions and an
aggressive acquisition schedule.
For more information, visit: http://www.oghc.com or
http://www.otcfn.com/oghc
To be added to On The Go's email list for Company news, please visit:
http://www.onthegohealthcare.com/new_site/inv_pkg_form.htm
This press release contains forward-looking statements that involve a
number of risks and uncertainties. Important factors that could cause actual
results to differ materially from those indicated by such forward-looking
statements include, but are not limited to, economic conditions affecting the
B2B environment; continued ability to obtain hardware, software and
peripherals at competitive costs; the Company's ability to finance its planned
expansion efforts; the Company's ability to manage its planned growth; and
changes in regulations affecting the Company's business and such other risks
disclosed from time to time in the Company's reports filed with the Securities
and Exchange Commission. The Company does not intend to update any of the
forward- looking statements after the date of this document to conform these
statements to actual results or to changes in management's expectations,
except as required by law.
Source: PRNewswire-FirstCall
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Computer Hardware Articles
|
