VANCOUVER, Nov. 21 /CNW/ - MetroBridge Networks International Inc.
(TSX-V: MEB) today announced that it has engaged Linear Capital Corp., an
arm's-length consulting firm as its market development specialists.
Linear will provide the Company with advice and assistance in
structuring, coordinating and organizing general market development
activities. As partial compensation for its services, MetroBridge will grant
Linear 300,000 share options priced at $0.45, vesting in four equal stages
over a 12-month period.
"Linear has a solid track record partnering with emerging companies and
providing strategic counsel," said Christopher Morris, CFO of MetroBridge. "We
are pleased to be working with Linear as part of our market development and
investor relations strategy. Linear will enable us to expand communications
efforts, and increase investor recognition of our fast-growing company."
About Linear Capital Corp.
Linear Capital is Canada's leading business development firm with a focus
on providing emerging companies with timely and actionable guidance within the
financial marketplace. Linear provides a full range of corporate advisory
services to facilitate the achievement of growth objectives, financing
requirements and accelerate the process of developing shareholder value. For
more information, please visit their website at www.linearcapital.com.
About MetroBridge Networks International Inc.
MetroBridge, a leading international fixed wireless provider, delivers
broadband wireless access using pre-WiMAX and other advanced wireless
technologies. Its highly redundant mission critical network provides
connections up to 2500Mbps in Canada and the United States. MetroBridge's
strategy is to grow aggressively through a combination of acquisitions
throughout North America, organic growth and complimentary value-added
products and services. The Company operates in all market segments including
police and 911 services, the financial industry, retailers and businesses of
all sizes. MetroBridge was the first Canadian carrier selected to join the
WiMAX Forum to assist the industry in establishing equipment interoperability.
Please visit the Company's website at www.metrobridge.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This press release contains certain forward-looking statements that
reflect the current views and/or expectations of MetroBridge Networks
International Inc. with respect to performance, business and future events.
Such statements are subject to a number of risks, uncertainties and
assumptions. Actual results and events may vary significantly from those
disclosed herein. Investors are cautioned not to rely on these forward-looking
statements. MetroBridge Networks International Inc. does not undertake to
update these forward-looking statements.
For further information:
For further information: Samantha Singh, MetroBridge Investor Relations,
Toll Free: (888) 628-1240, Direct: (604) 628-5627, Fax: (888) 628-2650,