Shareholder Update from CCI Chairman William Gray
SAN ANTONIO, June 6, 2013 /PRNewswire/ -- (OTCBB: CCOP) This is a Shareholder Update to Competitive Companies, Inc., and its subsidiary operations, Wytec International, Inc. and Capaciti, collectively developers of cutting-edge communications technology in its support of furthering the design, expansion and advancement of worldwide "Smart City" development under the standards and practice of the national and international Intelligent Community Forum (ICF).
CCI 2013 Shareholder Update Report
Dear CCI Shareholders
Over the past two years, CCI (www.cci-us.com) has advanced from serving a few apartment complexes with television, telephone and internet services to a Company on the brink of becoming one of the most recognized operators in cutting-edge communications technology on a national and international scale. This corporate leap began less than a year ago when CCI had the opportunity to present a "mobile" Wi-Fi demonstration in Columbus, Ohio with proprietary technology. The demonstration established a U.S. "mobile broadband" speed record with over 115 Mbps to a laptop and more than 70 Mbps to a smartphone. The significance of this event was published in over 288 business journals throughout the U.S. including "Columbus Business First".
The demonstration was further utilized in Columbus, Ohio's application to the Intelligent Community Forum (ICF) for its 2013 ranking. The City was ranked within the top seven (7) most intelligent communities in the world and is currently bidding for number one.
This historic event set the pace for CCI with the awareness of what true 4G broadband speeds means in supporting multiple applications such as public safety, education, medicine, community collaboration and has become the foundation for building CCI's "Smart City" Program through its newest wholly owned subsidiary Capaciti.
As a result of the success of the initial speed demonstration, CCI was asked to provide a second demonstration by connecting multiple city locations including the prestigious Center of Science and Industry (COSI), City Hall and other prominent city locations. This demonstration resulted in the connection of over 50 Access Points and delivering speeds exceeding 155 Mbps and further spurred the City to award CCI the contract for developing the City's public safety camera system with dual Wi-Fi support located in the Central Business District (CBD) of Columbus, Ohio. The added benefit of this contract is that it placed CCI in the very location that defines the core of CCI's Smart City design and demonstrated our ability to scale beyond typical Wi-Fi services.
As a result of the Columbus success, CCI was able to leverage the event into powerful and significant relationships including the prominent law firm of McKenna Long & Aldridge (www.mckennalong.com). McKenna is a premier law firm in Atlanta, Georgia with a "bi-partisan government affairs" division focused on Public-Private Partnership or P3 Practice. The Practice is centered on positioning city governments in pursuing next generation technology with a focus on better utilization of municipal assets. Since our relationship with McKenna began, they have positioned and/or introduced us to top-level city personnel in nine (9) U.S. cities including Denver, CO, San Antonio, TX, Atlanta, GA, Columbia, SC, , Los Angeles, CA, Colorado Springs, CO, Dallas, TX, Houston, TX and San Diego, CA.
Other major national and international projects are in various stages of discussions including a mobile Wi-Fi project for a national football team, an NBA arena build-out and a mobile Wi-Fi build-out with a major telecommunications company located in South Africa. Over 150 equipment and service providers submitted applications to the South African telecomm to build a regional mobile Wi-Fi data network. Wytec International, Inc., a wholly owned subsidiary of CCI was picked in the final eight for further consideration.
Never before, in the history of the Company, has there been so much activity on a national and international scale. Never before has CCI been involved in such game changing technology protected by exclusive national and international OEM relationships and proprietary intellectual property. Never before have there been so many key relationships' involving high-level public, private and political partnerships to assist CCI in identifying and participating in large-scale multi-million dollar projects on a national and international scale.
With multiple cities being continually introduced by our government affairs team throughout the year and establishing ourselves as a leading innovator of Smart City development, it would not be unseemly to determine CCI as one of the top "small stock" growth companies for 2013.
William Gray- Chairman/CEO
Competitive Companies, Inc.
To learn more about the Columbus Project, go to www.cci-us.com/columbusproject
About Competitive Companies, Inc.
Competitive Companies, Inc. is a Nevada-based corporation with offices in San Antonio, Texas and Eau Claire, Wisconsin. The company began operations in 1998 to provide telecommunication services, including data, voice and video to multiple dwelling units in tier-one and tier-two markets. Market considerations, strategic relationships and the acquisition of Wytec International, Inc. has offered CCI a modified business model capable of supporting next generation 4G mobile and high capacity fixed wireless broadband services. The continued development of the Wytec Intellectual Property is expected to have a substantial impact on CCI's future broadband services and revenue potential as it initiates it "Smart City" development both nationally and internationally. For more information, or to register to receive updates, please visit their corporate site at www.cci-us.com.
This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. Since forward-looking statements address future conditions, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
William H. Gray, President/CEO
Competitive Companies, Inc.
SOURCE Competitive Companies, Inc.