GLENTEL Solutions secures multi-million dollar contracts
Contracts include a communications system for the Government of Canada
BURNABY, BC, Feb. 6, 2014 /CNW/ - GLENTEL Inc.'s (TSX: GLN) Business Division, dba GLENTEL Solutions, announced today that it has secured several large projects in Canada ranging between $2 million and $7.5 million, for delivery in 2014.
Projects for 2014 include the kickoff of the installation of a secure communications system for the Government of Canada, upgrades to a refinery communications system in Ontario, upgrades to two legacy systems for a large agricultural company in Alberta, the installation of a radio system in the largest potash mine in the world located in Saskatchewan, the third phase of the installation of a large number of radios for a municipality in the Greater Toronto Area, and the kickoff of a large new P25 system in partnership with Motorola in eastern Ontario.
"GLENTEL Solutions continues to focus on its core strength of bringing wireless communications solutions to its partners, including government, oil and gas, public safety, and mining," stated Cary Skidmore, Executive Vice President and Chief Marketing Officer of GLENTEL. "These contracts position GLENTEL Solutions to increase its contribution to GLENTEL Inc.'s earnings in 2014."
Based in Burnaby, BC, Canada, GLENTEL (TSX: GLN) is a leading provider of innovative and reliable wireless communications services and solutions, offering a choice of network carrier and wireless or mobile products to consumers and commercial customers. GLENTEL is the largest independent multi-carrier mobile phone retailer in Canada and Australia, and in the United States GLENTEL operates two of the six National Premium Retailers for Verizon Wireless.
GLENTEL's brands - GLENTEL Solutions, WIRELESSWAVE, WAVE SANS FIL, Tbooth wireless, la cabine T sans fil, WIRELESS etc…, SANS FIL etc…, Mac Station, Diamond Wireless, Wireless Zone, and Allphones - span four countries and three continents. The Company employs over 4,300 employees and operates in more than 1,400 locations, including more than 470 locations in Canada - in retail malls, business centres, Costco Wholesale Canada stores, and Target Canada stores; more than 760 Verizon Wireless-authorized locations in the United States (Diamond Wireless, BJ's Wholesale Club kiosks, and Wireless Zone corporate and franchise locations); and more than 170 Allphones retail locations in Australia and the Philippines.
This news release contains statements about financial and operating performance of GLENTEL and future events that are forward looking. By their nature, forward looking statements require GLENTEL to make assumptions and predictions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from that expressed in the forward looking statements. Accordingly, this news release is subject to the disclaimer and qualified by the qualifications and risk factors referred to in GLENTEL's 2012 Annual Information Form, in the 2012 annual report, and any assumptions, qualifications and risk factors contained in other GLENTEL public disclosure documents and filings with securities commissions in Canada (on SEDAR at sedar.com). Except as required by law, GLENTEL disclaims any intention or obligation to update or revise forward looking statements, and reserves the right to change, at any time at its sole discretion, its current practice of updating annual targets and guidance.
NO STOCK EXCHANGE, SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
SOURCE Glentel Inc.For further information:
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