SIMI VALLEY, Calif., May 31, 2018 /PRNewswire/ -- Airborne Wireless Network (OTCQB: ABWN) announced today that Chief Financial Officer Kevin Spence is scheduled to present at the 8th Annual LD Micro Invitational on Tuesday, June 5, 2018 at 10:30 a.m. PT in Track 3 at the Luxe Sunset Boulevard Hotel in Bel Air, California.
Mr. Spence will deliver an overview of the Company's Infinitus Super HighwaySM, its patented air-to-air communication system as well as provide an update on the Company's upcoming second flight test. In addition, he will be available to participate in one-on-one meetings with investors.
Watch a video on how Airborne Wireless Network intends to redefine global connectivity.
For further information about Airborne Wireless Network visit: www.airbornewirelessnetwork.com
About Airborne Wireless Network
The Company intends to create a high-speed broadband airborne wireless network by linking commercial aircraft in flight. It is projected that each aircraft participating in the network will act as an airborne repeater or router, sending and receiving broadband signals from one aircraft to the next and creating a digital information superhighway in the sky. The Company intends the network to be a high-speed broadband internet pipeline to improve coverage and connectivity. The Company does not intend to provide retail customer coverage to end users, but, instead, act as a wholesale carrier with target customers, such as internet service providers and telephone companies.
Currently, the world's connectivity is achieved by use of undersea cables, ground based fiber and satellites. The Company believes that the Company's airborne digital highway may be a solution to fill the world's connectivity void. The Company's network, once developed, should provide low cost, high-speed connectivity to rural areas, island nations, ships at sea, oil platforms, in addition to connectivity to commercial and private aircraft in flight.
Notice Regarding Forward-Looking Statements:
This release contains forward-looking statements. All statements other than statements of historical or current facts contained in this release are forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "would," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. The forward-looking statements included in this document are made as of the date of this release and we do not undertake any obligation to update forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law. The forward-looking statements in this release involve risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including as a result of: our financial performance, including our history of operating losses; our ability to obtain additional funding to continue our operations; our ability to successfully develop, implement and commercialize Infinitus; our ability to enter into agreements with airlines that permit us to install our equipment on their aircraft; our ability to enter into agreements with potential customers, vendors and purchasers; changes in the regulatory environments of the United States and other countries in which we intend to operate; our ability to attract and retain key management and other personnel; competition from new market entrants and new technologies; our ability to identify and pursue development of appropriate products; and risks, uncertainties and assumptions described in our filings with the Securities and Exchange Commission.
SOURCE Airborne Wireless Network