Central Wireless, Inc. Announces Award of Construction Contracts.Business Editors/High-Tech Writers SARASOTA, Fla.--(BUSINESS WIRE)--March 8, 2004 Central Wireless (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CWIR CWIR Continuous Wave Illuminator Radar ) announced today that the Company has been awarded a contract to construct five tower facilities in South Georgia South Georgia, island, c.1,450 sq mi (3,760 sq km), S Atlantic Ocean, c.1,200 mi (1,930 km) E of Cape Horn. A dependency of the Falkland Islands from 1908 to 1985 (along with the South Sandwich Islands, a group of nine small, volcanic islets c. . The facilities will be built to provide service coverage for a major cellular carrier as the anchor tenant, and will provide the ability to allow the collocation collocation - co-location of three additional wireless service providers. The towers will be 200 foot guyed towers with approximately 100 x 100 foot ground compound areas to accommodate the required equipment. The towers will be constructed in Mitchell, Brooks and Lowndes counties, Georgia. The construction of the towers will generate a gross construction revenue in the range of $950,000 to $1,000,000, to Central wireless, in this the first phase of the 2004 buildout The construction and implementation of a system. For example, "network buildout" implies constructing the network and going online. . Steve Troyan, Vice President of Central Wireless stated: "We are very pleased to be awarded the construction for these five facilities. We hope to be completed with zoning and into construction by summer. We look forward to continuing the build out of this network as more sites are developed by our client through out the year." About Central Wireless, Inc. Central Wireless, Inc. is a publicly traded Utah Corporation specializing in providing site development and construction services to the wireless telecommunications industry. Central Wireless understands the needs and complexities found in today's telecommunication marketplace and we are committed to offering our customers both innovative and cost savings solutions. For more information on Central Wireless, Inc. see http://www.centralwirelessinc.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . Central Wireless confirms nor provides guidance with respect to the financial projections supplied by other companies. Central Wireless takes no obligation to update or correct forward-looking statements. |
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