Charys' Aeon Technologies Subsidiary Awarded $3 Million Contract.ATLANTA -- Charys Holding Company, Inc. ("Charys") (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : CHYS), a leader in wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. and data infrastructure and in remediation and reconstruction, today announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Aeon Technologies, Inc. ("Aeon"), has been awarded a contract upgrading an operating Mobile Switching Center A switching center is a node in a telecommunications Circuit switching network which is connected to either another switching center and/or to end user devices. Switching centers are aware of other centers and possible routes between them such that on demand a center can establish . Awarded from one of the nation's largest wireless carriers in the Southeast, this contract has an expected duration of six months, and an estimated value in excess of $3 million. Telecommunications networks rely upon highly sophisticated communications equipment in order to insure reliable and fast customer service. This equipment, usually stored in remote, largely unmanned sites, requires support systems crucial to the security, safety and availability of these locations. Some of these systems include commercial power, HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free , generators, DC plant and batteries, and environmental sensors. As part of its telecom site management service, Aeon will replace an existing system and expand the current switch area in order to maximize user productivity and achieve optimal network performance. Wade Clark, President of Aeon, commented, "This contract further demonstrates our proven reliability and technical expertise. These Aeon trademarks, together with our customer centric business approach, increase our client's total value." This press release contains forward-looking statements within the meaning of the "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. " provisions of 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. These statements are based upon Charys' current expectations and speak only as of the date hereof. Actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including uncertainties as to the nature of the industry, including changing customer demand, the impact of competitive products and pricing, dependence on existing management and general economic conditions. Charys' Annual Report on Form 10-KSB, recent and forthcoming Quarterly Reports on Form 10-QSB, recent Current 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. and other SEC filings discuss some of the important risk factors that may affect Charys' business, results of operations and financial condition. Management undertakes no obligation to revise or update publicly any forward-looking statements for any reason. About Aeon Technologies, Inc. Headquartered in McKinney, Texas, Aeon is a total systems provider that designs, develops and provisions wireless and fixed telecommunications networks. www.aeon-tek.com About Charys Holding Company, Inc. Headquartered in Atlanta, Georgia, Charys is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. providing infrastructure services in two primary markets. In the Remediation and Reconstruction markets, Charys services include emergency planning and coordination, response to catastrophic losses, reconstruction and restoration and environmental remediation. In Wireless Communications and Data Infrastructure markets Charys provides an array of services including engineering, program management, construction, installation and maintenance, tower services, radio and advanced technology implementation and integration services to large service providers and other business enterprises. |
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