O2 Secure Wireless, Inc. Provides Fourth Quarter Shareholder Update

ST. AUGUSTINE, Fla., Sept. 14, 2011 /PRNewswire/ -- O2 Secure Wireless, Inc. (PinkSheets:OTOW)is pleased to announce that the Company has made progress in its expansion into the Atlanta, Georgia territory.  The company will be launching a marketing campaign within a few weeks to begin the accumulation process of potential customers for internet service in the Greater Atlanta marketplace.

O2 Secure Wireless also recently announced that the company had signed a purchase agreement for retail space in Palm Coast Florida, with the expected closing to transpire in October.

The Company's wholly owned subsidiary, Earthcom Service C. Por A., has positioned itself to qualify for submittal of a bond offering in the Dominican Republic. The documentation is being prepared in accordance with new regulations regarding corporations that went into effect on April 29th 2011, and the company is set to file the documentation for a $25 million bond offering eminently.

Earthcom Service C. Por A. also continues in its endeavor to secure parallel finance vehicles for its Dominican Republic project, as the Company pursues the bond securities registration process. The Company has continually been active in its development of its strategy to gain a sizable portion of the wireless industry in the Dominican Republic, a territory boasting 8.8 million current potential customers.

The company was recently notified that the Depository Trust & Clearing Corporation (DTCC) had removed OTOW shares from the Continuous Net Settlement and has put the company on a "trade for trade" basis. The company was not informed of this action prior to publication of the restriction by DTCC. The only information provided has been that the company has experienced unusual trading activity, and consequently on that basis this particular action was taken. The company will be diligently working with the agencies to correct this action. 

Mr. Kazia states, "We are pleased with the progress that the Company has made in its domestic operations and the expansion into new and advantageous territories. We continue to develop our potential client bases in these domestic areas, and foresee great success over the next several quarters. We are intent on getting the bond offering completed in anticipation of the execution of the next stage of our penetration strategy into the Dominican territory, and intend to do what it takes to rectify the situation presented by the DTCC. We want to express great and sincere appreciation to all our loyal shareholders, and want to let you know that we will continue to work diligently to build a great future for the Company and advantageous returns for our shareholders."

About O2 Secure Wireless: O2 Secure Wireless is a Company that manages numerous wireless tower facilities development both in the US and abroad. The Company is also instrumental in the development of wireless communication services in the Caribbean as well as 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.  

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

SOURCE O2 Secure Wireless, Inc.