NORTH ANDOVER, Mass., Jan. 21, 2014 (GLOBE NEWSWIRE) -- Urban Ag Corp. (OTC:AQUM) (the "Company"), announced today that B&R Telephone ("B&R"), an operating unit of its wholly-owned subsidiary Greenwire Enterprises, Inc., has been awarded projects to provide various voice, data, cabling and networking services in the Corpus Christi and South Texas area.
The Company is currently providing network and cabling installation for Regal Theaters in Corpus Christi, new installation of cable and communication systems for four additional Wal-Mart's in South Texas, several Vans Shoes store, and all Dollar Tree stores in Corpus Christi, office upgrade for PWC Industries and Contractors Safety Council, and network expansion and communication upgrade for Spohn Hospital.
In addition, the Company is rewiring and cabling Camden Property's real estate offices, Coastal Cardiology Medical building, and three Hampton Inn's. B&R is also proving various cabling, network, and/or telecom services for La Quinta hotels and United Rentals, eleven Northshore Properties locations, Railroad Seafood Restaurant, and H&V Equipment in the Corpus Christi area.
Billy V. Ray, Jr., CEO of Urban Ag Corp stated, "B&R continues to expand its presence throughout the Corpus Christi and South Texas area as it becomes a leading provider of voice and data services in the area."
"There have been concerns of the volatility in our company stock and I wanted to assure the investment community that there has been no sale of shares by any insiders including Management and Board members. We believe the volume is in relations to 3a10 program and convertible debt," added Billy V. Ray.
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.