POINT PLEASANT BEACH, N.J., Dec. 19, 2017 /PRNewswire/ -- New Jersey based wireless and fiber network operator, Hammer Fiber Optic Investments Ltd., a subsidiary of Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) today announced the expansion of their IAAS cloud services to include support for the Cryptocurrency and Blockchain industry. The expanded service will allow these companies to host their products over Hammer Fiber's robust and modern server infrastructure, fiber network architecture and data center presences in some of the most secure buildings in the New York, New Jersey and Philadelphia area.
Hammer Fiber's servers feature best in class computing power, paired with an all-flash array storage system providing the best in speed, reliability and efficiency. The service, which was designed to allow enterprise businesses the advantages of cloud based systems without the massive cost of establishing their own while still maintaining the benefits of a corporate data center, has now been expanded to include the integration of blockchain technologies. "Distributed architecture infrastructure, such as those utilized by blockchain entities mining cryptocurrencies or other new vertical markets utilizing blockchain technology, are growing exponentially and we are poised to fulfill a critical but fundamental need of this explosive new industry," said Mark Stogdill, CEO of Hammer Fiber. "The distributed ledger architectures that blockchains are built on require secure and robust data processing networks, highly scalable power generation and a reliable fiber optic backbone infrastructure linking up data centers worldwide for them to exist and that is what we at Hammer Fiber do really well," said Stogdill.
About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995
SOURCE Hammer Fiber Optic Holdings