-- Company to provide wireless radio access network to Oxford County residents --
TORONTO, May 21 /CNW/ - Redline Communications Group Inc. ("Redline") (TSX: RDL), a leading provider of WiMAX and broadband wireless infrastructure (BWI) products, today announced that Execulink Telecom, a Canadian Service Provider, has selected Redline for the wireless portion of Execulink Telecom's network, which will offer high speed internet service to more than 100,000 of Oxford County's rural and suburban residents.
The contract includes the deployment of Redline's RedMAX Base Stations which will provide last mile connectivity to the project. With Redline's RedMAX, Execulink will be able to deliver affordable high speed internet access to even the most remote residents, ensuring that all citizens can enjoy the most advanced internet services.
Providing ubiquitous access across all of Oxford County, an area that exceeds 2000 square kilometers, is the result of the work of the Rural Oxford Connections project, which was created in August 2009 to help fulfill the Ontario government's desire to have broadband services offered to all corners of the province.
"Execulink and Redline were chosen for this project after an extensive evaluation and public bid where many different solutions were considered," stated Jonathan E. Scott, Chief Financial Officer & Vice President of Operations at Execulink Telecom. "Redline was the clear choice for a radio partner, because of their products' coverage, capacity, speed of deployment, and fast return-on-investment; all of which will result in delivering the best service for the people of Oxford County."
"Redline is very pleased to be part of a project that will bring high speed access to more citizens. We want to see Canada with the deepest penetration of affordable broadband access, and projects like this one demonstrate that it can be done" says Eric Melka, Acting CEO, Redline Communications, Inc. "Our RedMAX line of access radios has reached a level of maturity that allows them to be deployed quickly and economically regardless of geography - which translates into more access more quickly."
About Redline Communications
Redline Communications (www.redlinecommunications.com) is a leading provider of advanced wireless broadband products with more than 150,000 installations in 130 countries, and a global network of over 150 partners. Redline's experience and expertise helps service providers, enterprises and government organizations roll out wireless broadband networks to cost-effectively deliver high-bandwidth services, including video, voice and data communications. Redline award-winning infrastructure products include The AN80i and RDL 2000, which support its continued commitment to maintaining its wireless industry leadership with the development advanced products.
About Execulink Telecom
Execulink Telecom has been a leader in the telecommunications industry for more than 100 years. Execulink offers a full range of communication services including internet, local and Voice over IP telephone, long distance and fibre connectivity to business, government and residential customers. The company was founded in 1904 and is based in Burgessville, Ontario with additional offices in Kitchener, London and Thedford serving customers in Southwestern Ontario and across Canada.
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Certain statements in this release, including the estimate of future revenues, sales, provided above, constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts. Readers are cautioned not to place undue reliance upon any such forward-looking statements.
Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance or, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions"). While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.
Many risks, uncertainties and other factors could cause the actual results of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include but are not limited to the following: significant competition, competitive pricing practices, cautious capital spending by customers, industry consolidations, rapidly changing technologies, evolving industry standards, frequent new product introductions, short product life cycles and other trends and industry characteristics affecting the telecommunications industry; any material, adverse affects on Redline's performance if its expectations regarding market demand for particular products prove to be wrong; any negative developments associated with Redline's suppliers and contract manufacturing agreements including the Company's reliance on certain suppliers for key components; potential penalties, damages or cancelled customer contracts from failure to meet delivery and installation deadlines and any defects or errors in Redline's current or planned products; fluctuations in foreign currency exchange rates; potential higher operational and financial risks associated with Redline's efforts to expand internationally; a failure to protect Redline's intellectual property rights, or any adverse judgments or settlements arising out of disputes regarding intellectual property; changes in regulation of the wireless industry or other aspects of the industry; any failure to successfully operate or integrate strategic acquisitions, or failure to consummate or succeed with strategic alliances; and Redline's potential inability to attract or retain the personnel necessary to achieve its business objectives or to maintain an effective risk management strategy (collectively, the "Risks"). For additional information on these Risks, see Redline's most recently filed Annual Information Form ("AIF") and 2008 Annual MD&A, which are available on SEDAR at www.sedar.com and on the Company's website at www.redlinecommunications.com. Redline assumes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law. All forward looking statements contained in this release are expressly qualified in their entirety by this cautionary statement.
SOURCE Redline Communications Group Inc.
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