NORTH ANDOVER, Mass., Nov. 21, 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 Greenwire Enterprises, Inc., has now been awarded additional microwave sites for the microwave expansion project for a tier one carrier in North Dakota, South Dakota, Minnesota and Iowa, totaling 7 states in the Midwest and bringing the total sites to over 100 under this program. TAM has completed 27 site surveys so far in the fourth quarter and currently has 6 tower and 6 antenna projects in process.
In addition, B&R Telephone ("B&R"), an operating unit of its wholly-owned subsidiary Greenwire Enterprises, Inc., has been awarded the following projects to provide voice and data services in the Corpus Christi area: upgrade and expansion for APAC Teleservices (800 Seat Call Center), new store installation for TJ Max/Home Goods, Academy Sports and Outdoor, Payless Shoe Source, and Dick's Sporting Goods, and a remodel, upgrade and expansion for the Army/Navy Reserve. The Company will begin providing services and support for them immediately. B&R Telephone has completed installations for the Small Business Administration, Stripes Corporate office, Walgreens, Target and Rent-a-Centers in Corpus Christi, Texas during the fourth quarter.
Green Wire Inc., also an operating unit of Greenwire Enterprises, has hired two technicians with top-secret security clearance for the network development of an upcoming project expected to begin before year end.
Billy V. Ray, Jr., CEO of Urban Ag Corp stated, "Site audits and installation of towers are ongoing and we are excited that our client has the confidence in our team to further expand the project into four additional states in the Midwest. B&R continues to provide its services to the businesses in the Corpus Christi area and as the city grows, we believe we will see a growing numbers of upgrades and new telecom installations into 2014."
Greenwire 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.