Y-Tel Signs an Exclusive Marketing Agreement to Bring the First Wi-Fi Mesh Network to the Bahamas Now Offering the Ability to Make International Calls Using Wi-Fi Phones.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. -- Y-Tel (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :YTLI - News) today announced the signing of a Exclusive Marketing Agreement to install the first Wi-Fi Network See wireless Ethernet and 802.11. which now offers the ability to make international calls using Wi-Fi phones with KBMP KBMP Keyboard Megapack (Stepmania) Communications located in the Bahamas. The Agreement allows Y-Tel to install a Wi-Fi network throughout downtown Nassau, in the Bahamas which will stretch from Arawak Cay to Heritage Village to the Water Tower and Fort Fincastle. Then from the Water Tower it will stretch to Paradise Island For the DC Comics fictional island formerly known as Paradise Island, see Themyscira Paradise Island is an island in the Bahamas, north of the island of New Providence which is home to (Nassau). It is best known for the sprawling 'Vegas-by-the-sea resort' Atlantis. where the Atlantis Resort is located. This will cover a major portion of the tourist area which accounts for approximately 150,000 passengers from the cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America each month and 100,000 hotel guest totaling around 2 million visitors each year. Pedro Rolle, Director for KBMP Communications stated, " We have been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. the right company to bring Wi-Fi to the Bahamas as we have such strong connections together with years of data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . We felt that Y-Tel offered the first real turn key solution. From the Mesh Network A communications network in which there are at least two pathways to each node. If one of the paths fails, the other is still available. A "fully meshed" network means that every node has a direct connection to every other node, which is a very elaborate and expensive architecture. Technology to the outstanding data quality of the Wi-Fi network to the Billing platform and back office, Y-Tel together with EBI See electron beam imaging. Communications is positioned perfectly to bring Wi-Fi to the Bahamas." Y-Tel and KBMP Communications will share the cost of the Wi-Fi Network Build-out on a fifty percent bases, which will allow each company a 50% ownership position in the Wi-Fi Network. Steve Lipman, President of Y-Tel Communications stated, " We are ready and excited to deliver Wi-Fi to the Bahamas and believe KBMP Communications will be a strong partner based on their long term relationships and distribution channels throughout the Bahamas." About Y-TEL International Y-Tel is in the international telecommunications industry. Principle offices are located at 1100 N.W. 163 Dr., Miami, Florida, 33169 with Switching HUBS in Miami, Florida and Panama City, Panama. Y-Tel is now engaged, under contract with Digicel, one of the fastest growing GSM Cellular Providers in the world, to help facilitate their expansion. Million's of minutes monthly are currently running through Y-Tel's switch in Miami which has enabled Y-Tel to generate revenue throughout the Caribbean Islands. Y-Tel is also the Exclusive Worldwide Distributor for the new Wi-Fi phone system developed by EBI Communications, a Hewlett Packard IPAQ IPAQ International Physical Activity Questionnaire development partner. To learn more visit www.ytelwifi.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 This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding potential results and future plans and objectives of Y-Tel, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in our documents filed from time to time with the Securities and Exchange Commission. Other risk factors may include, but are not limited to, our ability to obtain financing on acceptable terms, or at all, working capital constraints, fluctuation in quarterly results, and increased competition for the fields targeted by the company, our ability to commence operations as scheduled, the economical operation of the process we intend to operate and our ability to protect the proprietary technology we use. Further, the company operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond the company's control, such as announcements by competitors and service providers. The contents of this press release are presented as a general overview of the company. It is intended only to contain general information regarding the company and its business and does not purport to provide complete disclosure or analysis of all matters, which may be relevant to a decision to make an investment, including all risk factors or similar considerations. Although the information is believed current as of the date herein, the information may be subject to change, amendment or supplementation, and the company does not expect, and assumes no obligation, to update or otherwise revise the information herein. |
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