NORTH ANDOVER, Mass., Dec. 18, 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 been awarded a project by Vertical Innovations, LLC to project manage the decommission of 20 towers for a tier one carrier along the border of Oklahoma and Texas. The project is ongoing and the Company expects to receive further tower work in the area.
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 voice and data services as well as upgrades and expansions in the Corpus Christi/South Texas area. The Company is providing equipment installation for Sphon Hospital, H V Equipment Service Company, Basic Energy Company, and B C Equipment. In addition, B&R will be providing cabling and configurations for Camacho Recycling Company, three additional Wal-Mart locations, and two additional SAM's stores in surrounding areas of Corpus Christi. The Company will begin providing services and support for these projects immediately.
Billy V. Ray, Jr., CEO of Urban Ag Corp stated, "As we near the end of the year, we are encouraged by the progress both TAM and B&R have made expanding their footprint and services provided to its existing client base. We believe 2014 will see a continuation of the success we have experienced in the later part of 2013."
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