IRVINE, Calif., Nov. 11, 2003 (PRIMEZONE) -- Network Installation Corp.(OTCBB:NWIS), has agreed with Telecommunications Products, Inc. ("Telepro") (OTCBB:TCPD) to offer Wi-Fi solutions to its installed customer base. Beverly Hills, CA - based Telepro is a provider of video-on-demand services to the hospitality industry.
According to the partnership agreement, Network Installation will act as the primary provider of Wi-Fi solutions for Telepro's current installed client base of hotel properties nationwide, which includes over 8,000 hotel rooms. Also, Telepro will act as the primary provider of video-on-demand services for Network Installation projects.
Robert Russell, Chief Executive Officer of Telepro, stated, "We are extremely pleased to partner with Network Installation, which is experiencing tremendous growth in the deployment of wireless solutions. We are excited to offer their expertise in providing Wi-Fi solutions to our current customers, who are seeking the most affordable and convenient methods of adopting high-speed wireless Internet access. We anticipate increased revenues from capturing new institutional accounts as well as servicing Network Installation accounts with video-on-demand and visual-technology solutions.
Michael Cummings, Network Installation CEO, added, "Telepro's current installed client base offers us the opportunity to rapidly increase our penetration into the hospitality market almost overnight. The hospitality market represents one of the fastest growing markets in the implementation of Wi-Fi solutions as its customers increasingly mandate access to wireless high-speed Internet access."
About Network Installation Corp.
Network Installation Corp. is a total IT solutions provider which designs, deploys and services traditional communications networks as well as wireless networks and Wi-Fi solutions. Some of Network's clients include: Wells Fargo, University of Southern California, UCLA, Los Angeles County and Orange County. To find out more about Network Installation Corp. (OTCBB:NWIS), visit our website at www.networkinstallationcorp.com. The Company's public financial information and filings can be viewed at www.sec.gov.
About Telecommunication Products, Inc.
Telecommunication Products, Inc. ("Telepro"), headquartered in Beverly Hills, is a provider of video-on-demand and pay-per-view services to the hospitality industry. The Company is also developing data-compression and visual-technology solutions with commercial applications. This technology delivers DVD-quality images via traditional cable network, satellite, and Internet-delivery channels. Telepro clients include the Sapphire Beach Resort & Marina in St. Thomas and Virgin River Hotel & Casino in Mesquite, NV.
Forward Looking Statements
This release contains 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. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many of which are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers, and effectively compete against similar companies.