On4 Communications, Inc. Subject of a New Research Briefing Tuesday May 4, 2010
SCOTTSDALE, AZ, May 4 /PRNewswire-FirstCall/ - On4 Communications, Inc. (OTC: ONCI- News) a globally diversified Location Based Services (LBS) company, today announced the Company is the subject of a new research briefing issued by Emerging Growth Research, LLC. The report outlines the Company's potentially strong position in the fast growing LBS market. A full copy of the report can be viewed at http://www.joenoelstocks.com.
"We are very pleased to have this report available to current and prospective investors. We are expecting several contracts to be signed over the next few months with wireless providers, retail chains and enterprise customers. This report does an excellent job in explaining our strategies," commented Cameron Robb, President and CEO of On4 Communications."
"With the introduction and strong growth in GPS enabled-enabled handsets, the LBS industry has experienced a rapid growth over the last few years and has become an important part for service providers to grow the number of subscribers and their monthly recurring revenue stream. We believe we are well positioned to capitalize on this trend," continued Cameron Robb.
About On4(TM)
On4(TM) Communications is a globally diversified Location Based Services (LBS) company with offices in Scottsdale, Arizona; in Richmond, British Columbia and representation in China. On4(TM) is a leading provider of Public Safety, Personal Asset and Healthcare location based asset tracking and monitoring services. The company is currently in the process of designing, developing, and marketing personal LBS devices that are intended to provide tracking and location monitoring for people, animals and property of any other nature. Specific applications may include offender monitoring, elderly, medical, teens and children tracking, public safety officers, executives, cars, tracks, motorcycles, aircraft, boats, personal watercraft, ATVs, equipment, cargo, tools, trailers, electronic equipment, retail goods, and consumer goods in transit. On4(TM) will utilize numerous technologies, including but not limited to CDMA, GSM, GPS, E911, A-GPS, radio frequency and beacon technology. On4(TM)'s leading edge technology leverages global positioning system satellites and wireless technology enabling its network of members to locate anyone or anything to which our device is attached in real time. For more information, please visit our website http://www.on4communications.com.
Cautionary Statement Relevant To Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of On4 Communications, Inc. (the "Company") and its subsidiaries. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. Words such as "anticipates," "expects," "plans," "projects," "believes," "seeks," "estimates," and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict, including those discussed in the Company's periodic reports that are filed with the SEC and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, On4 Communications, Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE On4 Communications, Inc.
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