Awarded 5 New Microwave sites and 25 Tower Projects
Company Also Provides Update on Projects in Corpus Christi, TX
NORTH ANDOVER, Mass., Jan. 14, 2014 (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 now be awarded 5 additional microwave sites for the microwave expansion project for a tier one carrier in Michigan and Indiana and the work is to begin next week.
In addition, TAM has been awarded an additional 35 towers for the project through Vertical Innovations, LLC to decommission antenna towers for a tier one carrier along the border of Oklahoma and Texas. This is in addition to the 20 towers decommissioned in December.
Green Wire Inc., an operating unit of its wholly-owned subsidiary Greenwire Enterprises, Inc., is in final negotiations with the City of Robstown, Texas to provide a citywide wireless network that would provide services to all city agencies and departments to include police and fire and maintenance departments.
Green Wire Inc. is also in negotiations with the City Olmos Park, Texas to provide a citywide wireless mesh network that would provide services to police and fire and maintenance departments.
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