NORTH ANDOVER, Mass., Oct. 18, 2013 (GLOBE NEWSWIRE) -- Urban Ag Corp. (OTC:AQUM) (the "Company"), announced today that Terra Asset Management, Inc. ("TAM"), an operating unit of its wholly-owned subsidiary Green Wire Enterprises, Inc., has now be awarded to install 90 microwave sites for the microwave expansion project for a tier one carrier in Ohio, Michigan, and Indiana.
The original award of the project that was announced on September 25, 2013 was to install 28 microwave sites and as TAM's team completed the site audit process and began installation, the tier one carrier expanded the project to more than triple the original amount of towers. TAM is a leading provider of integrated network solutions for the wireless telecommunications industry, providing end-to-end communication solutions enabling carriers, service providers, and enterprise customers to deliver content to any type of user.
Billy V. Ray, Jr., CEO of Urban Ag Corp stated, "The growth of this project continues to exceed our expectations and we anticipate it will provide an opportunity to expand into western states beyond Ohio, Michigan, and Indiana."
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 national 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.