NORTH ANDOVER, Mass., Dec. 9, 2013 (GLOBE NEWSWIRE) -- Urban Ag Corp. (OTC:AQUM) (the "Company"), announced today that Terra Asset Management, Inc. ("TAM"), an operating unit of its wholly-owned subsidiary Greenwire Enterprises, Inc., has begun work on an additional 6 microwave sites technology migration for the microwave expansion project for a tier one carrier. TAM has a total of 12 towers to install of which 2 have now been completed and are in operation.
In addition, B&R Telephone ("B&R"), an operating unit of its wholly-owned subsidiary Greenwire Enterprises, Inc., has been awarded the following projects to provide upgrade and expansion services for voice and data in the Corpus Christi area. The Company is providing equipment installation for Corpus Christi Health Department, St. Philips Episcopal Church, and Shop Trackers, and Fiber optic installation for City of Three Rivers ISD. In addition, B&R will be providing cabling and configurations for four Wal-Mart locations and three SAM's stores in Corpus Christi and Laredo. The Company will begin providing services and support for these projects immediately.
B&R has completed installations for Stripes Convenience Stores and CVS locations in Corpus Christi, Texas.
Billy V. Ray, Jr., CEO of Urban Ag Corp stated, "Our TAM team is working diligently to upgrade these towers while maintain the flow of traffic for the carriers as we near the end of the year. Furthermore, B&R continues to expand its footprint into Corpus Christi's grid and we expect to see a continuous flow of work orders from various markets within the community in both the public and private sectors."
Greenwire Enterprises' operating subsidiaries serve a wide customer base that includes telecom customers such as Verizon, Motorola, Alcatel-Lucent, Time Warner and general contractors serving national customers such as Wal-Mart, CVS and Gulf Marine. The subsidiaries also network and design services to a multiple of state and county government agencies, colleges and schools in the Texas market.
This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including the Company's ability to continue to successfully market and provide its services, maintain its effectiveness and its customer base and general economic conditions. The Company undertakes no obligation to publicly update or revise forward-looking statements whether as a result of new information, future events or otherwise.
CONTACT: Urban Ag Corp. (774) 847-7688 IR@aqumcorporate.comSource:Urban Ag Corp