PhoneBrasil and CityNet Wireless (Tacora Inc.) Execute & Ink Agreement for First Large-Scale WiFi/Wimax in Brazil Valued at $1.2 Billion.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- PhoneBrasil International, Inc. (Pink Sheets: PHBR) and CityNet Wireless (Tacora Inc.) announce both parties have now finalized, dually signed, and executed the agreement for the first large-scale WiFi/Wimax Platform in Brazil http://00ec925.netsolhost.com/Tacora_PHBR.JPG See JPEG. jpg - JPEG . Company spokesperson stated, "Our European Director of Market Development, Richard Alain Granier, orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. the negotiation and execution of the agreement by Anderson Dias, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PhoneBrasil, and Jeffrey Spence, CEO of CityNet Wireless (Tacora Inc.). PHBR, who has already initiated governmental approvals, will be in charge of all the administrative work, i.e. traffic of minutes and licensing in Brazil. CityNet will be responsible for the platform/system and towers." Anderson Dias stated, "The parties will utilize their resources and efforts in designing, establishing and managing a number of Wireless Broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 Service Networks in the form of a wireless telecommunications company See telecom company. in the Federal Republic of Brazil. CityNet Wireless (Tacora Inc.) manufactures and installs certain communications systems In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. and related antennas, routers, devices, programs, and equipment, including systems and equipment that permit and facilitate wireless broadband access to, and wireless broadband utilization of, the Internet." The new WiFi/Wimax network will literally cover most major metropolitan cities, areas, states, and territories of Brazil. This new untapped technology will give both new subscribers, and already existing PhoneBrasil customers, the ability to connect their computers, laptops, VoIP networking devices, and Hybrid cellular dual-mode communication interfaces anywhere, when this large-scale WiFi/Wimax platform is available. About CityNet Wireless (Tacora, Inc.) www.citynetwireless.com/news.html www.tacora.net About PhoneBrasil International, Inc. PhoneBrasil International, Inc. is an American based company specializing in Hybrid VOIP, cellular, Broadband and WIFI Technology in the Latin American market as well as servicing the International Telecommunication Markets. PhoneBrasil presently services four niche markets supplying VOIP Technology to and for the wholesale and retail markets as well as providing calling cards and boxes. PHBR offers prepaid VoIP calls and equipment, and remains focused on dominating technological aspects like software, billing, supply, and cost savings for the new VOIP industry. "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: This release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as PHBR or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Shareholder Information Gateway: www.brasil-telecom.com/ Corporate Website: www.phonebrasil.net/ [TABLE OMITTED] |
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