NORTH ANDOVER, Mass., Aug. 19, 2013 (GLOBE NEWSWIRE) -- Urban AG Corp/ (OTCQB:AQUM) (the "Company"), announced today that Green Wire, Inc. ("GWI") and B&R Telephone ("B&R"), operating units of its wholly owned subsidiary Green Wire Enterprises, Inc., has been awarded a series of new installation and service agreements.
Green Wire is currently participating in Alcatel-Lucent equipment installations in the Midwest. Green Wire will be providing technical and installation crews for Alcatel-Lucent on an ATT/ETTC project. GWI has signed an agent agreement with AireSpring, one of the fastest growing telecommunications carriers in the USA and a provider of next-generation Integrated, SIP/VoIP, Voice, Data, Cloud Hosted IP PBX, MPLS and Conferencing products. As an agent, the Company will be able to provide high-quality products and services to its current and future customers. GWI is also negotiating a service and technical agreement with several major national chain stores to install voice and data lines and provide maintenance and service on their communications equipment.
B&R Telephone has signed an installation and service agreement with a national Dodge dealership to provide voice and data services. This dealership is currently building new facilities in south Texas and upgrading their current dealerships in the Corpus Christi area. B&R has been awarded a contract to service and maintain all communications equipment for Spohn-Christus the largest hospital in Corpus Christi, TX. B&R will also be installing data and voice lines for the new outlet stores coming to Corpus Christi Bay. B&R will be starting the Gulf Marine Office project in Houston, TX that will provide state-of -the art communication network.
Billy V. Ray, Jr., CEO of Urban AG Corp stated, "Green Wire Enterprises and it operating subsidiaries continue to provide growth and expansion opportunities to Urban Ag. Corp. We are thankful for the efforts that our management team has exerted in their efforts to build shareholder value."
Green Wire Enterprises' operating subsidiaries serve a wide customer base that includes telecom customers such as Verizon, Motorola, Alcatel-Lucent, Time Warner and general contractors serving customers such as Wal-Mart, CVS and Gulf Marine. The subsidiaries also network and design services to a multiple of state and county government agencies, colleges and schools in the Texas market.
This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including the Company's ability to continue to successfully market and provide its services, maintain its effectiveness and its customer base and general economic conditions. The Company undertakes no obligation to publicly update or revise forward-looking statements whether as a result of new information, future events or otherwise.