Concierge Partners with La Gonave Development Corporation in Haiti.CLEVELAND -- Concierge Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNCG CNCG Comisión Nacional para el Cambio Global CNCG Concentrated Non-Condensable Gas ), through 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. Planet Halo, has entered into a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with La Gonave Development Corporation of Weston, FL providing the framework under which Planet Halo will design, build and operate a wireless network on the island of La Gonave, Haiti. La Gonave, under the guidance of La Gonave Development Corporation, is embarking on an aggressive construction campaign to create a high profile tourist destination A tourist destination is a city, town or other area the economy of which is dependent to a significant extent on the revenues accruing from tourism. It may contain one or more tourist attractions or visitor attractions and possibly some "tourist traps". in this underdeveloped Caribbean paradise setting 20 miles offshore from mainland Haiti. Under the terms of the MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. , Planet Halo has been granted an exclusive license to construct a wireless network affording users high-speed access to the Internet as well as voice-over-Internet protocol ("VoIP") telephony service, public safety communications, data and video service. Wireless Village, a subsidiary of Concierge, is an Easton Telecom partner and reseller of a private labeled VoIP WiFi phone A WiFi phone is a wireless telephone that looks similar to a mobile phone but places calls via a combination of voice over IP and WiFi rather than via a cellular network. Current WiFi phones use Skype or Vonage for their voice over IP service. that will be provided to La Gonave clients. Wireless Village will also be contributing wireless network design and support expertise to the project along with MESH network gear manufacturer Tropos and satellite uplink provider Clear Channel Satellite Systems. Planet Halo has successfully deployed the Tropos MESH systems in its wide area California networks covering Marina del Rey and Ventura. The initial phase of the La Gonave project, which could begin as early as summer of 2008, will include coverage of the airport as well as the central construction site on the Island. The statements contained in this press release that are not historical facts are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of our future performance, acquisitions or dispositions of interests, debt obligations, additional financing requirements, the effect of economic conditions generally and in the communications and information technology markets specifically, and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected. |
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