ST. AUGUSTINE, Fla., Sept. 12, 2012 /PRNewswire/ -- O2 Secure Wireless, Inc. (Pink Sheets: OTOW) has recently opened up new avenues to revenue through wireless offerings to the educational sector and has been offered a large opportunity to grow the corporate retail footprint through partnerships with Chinese manufacturer of O2 branded mobile devices.
As was announced on June 29, 2012, O2 Secure Wireless entered into a partnership with a leading Chinese manufacturer on the design for a new line of global smartphones and tablets capable of being used across the globe. These Android powered devices are now through the design process and we are in possession of our first prototype phone. This mobile phone, containing many advanced features and a 4.5" screen is in the hands of CEO Val Kazia and is undergoing final quality assurance and functionality testing prior to entering the full manufacturing cycle.
"My initial review and that of our consulting engineers of the device is very positive," states Val Kazia, CEO of O2 Secure Wireless, "The manufacturer has expanded upon our initial ideas and has delivered a device that I believe can be a direct competitor against the leading wireless devices on the market. With our low-entry price point, I believe that we have the opportunity to gain very positive headway into the market."
In addition to devices themselves, O2 Secure Wireless has been offered an opportunity to become a strategic reseller of all devices from the manufacturer. In addition to our Florida branded facility, we have been given the opportunity to lead efforts to open franchise offices across the Eastern U.S., South America, and the Caribbean. The revenue opportunities in this model come from franchise fees, mobile device profit margins, and reoccurring revenue from wireless service minute reloads, nearly tripling the original projections. It is predicted by IDC research that nearly 2.5 billion phones will be sold between 2012 and 2015, giving OTOW a huge profit opportunity.
Continuing on our growth opportunities are recent developments in the educational sector. OTOW is perfectly positioned to take advantage of this $100m business, which is rapidly evolving and now utilizing wireless technology. Company CEO, Val Kazia recently met with principals and IT staff at local educational facilities and presented ideas on how the company can use its full suite of solutions to provide end-user products, wireless infrastructure to educational facilities of all sizes. With smart phones exceeding the sales of PC's for the first time, educators are quickly moving to utilizing this ubiquitous technology.
As our educational opportunities expand, we will continue to work with the manufacturer for U.S. Market enhancements, including special enhancements for the educational community. Florida alone has $25,000,000 budgeted in 2013 for wireless services with each individual district having additional funds. We believe our total wireless package will be considered by many facilities as part of the wireless renovation efforts in 2013-2015, and our goal is to pilot or solution in ten institutions in the first quarter of 2013 if given the opportunity.
Early projections indicate that O2 wireless can be responsible for the sale of over one million smart phones and tablets in 2013 globally. By protecting our profit margin, and including monthly charges, these sales projections will improve the revenue of the company by in excess of $2,000,000 in sales monthly, with a three year projection of $50,000,000 in sales throughout North America.
About O2 Secure Wireless: O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.
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For more information visit our website at http://www.o2securewireless.com or contact Investor Relations at: 855-222-0211
SOURCE O2 Secure Wireless, Inc.