Newsletter

Wi-Fi Trading Alert- Network Installations

August 2, 2003
Volume VI, Issue 74
Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:
 

A Wi-Fi Company is Born

On June 13, 2003, publicly traded FlexTech entered into a purchase agreement to buy 100% of Irvine, California based Network Installation Corp. FlexTech, which only had 500,000 shares issued and outstanding at the time and no active operations, issued 7.382 million shares of its common stock to complete the transaction. In effect, from that day forward, FlexTech was transformed into Network Installation Corp and was given new life. This transaction is commonly known as a "reverse take over " or RTO. You can read about RTOs on our web site. Just click on the "What is a Reverse Takeover" button on the right hand menu bar at our home page.

To date, this transaction has been totally unpublicized. The readers of the OTC Journal are the first to learn of it and the first to receive any information on this exciting situation.

NetWork Installation Corp, formerly a private company, has a six year history as one of the premier networking technology companies in Southern California. Their existing customer base reads like a Who's Who of businesses in California. With a press release issued Friday just after the market closed, NetWork Installation will be expanding dramatically into the burgeoning business of Wi-Fi as the high growth engine of an already existing solid business. This is the hottest group in the stock market today.
 

NetWork Installation Corp (OTC BB: NWIS) - A Solid History

NetWork Installation has been in business since 1997. The company is one stop shopping for anyone's corporate technology needs. Their services include network design, structured cabling, video systems, voice products, network electronics, telephony systems, wi-fi, and access control.

As it exists today, NetWork Installation is on track to deliver $2.5 to $3 million in revenues this calendar year. They have positive cash flow from operations.

Their early customers were K-12 school systems. They have expanded dramatically in the last several years. Here's a list of their current existing customer base. I'm sure you will agree, it is impressive:

  • Los Angeles County
  • Orange County
  • UCLA
  • USC
  • Nearly every school district in LA, Orange, and San Diego Counties
  • Safeway and Vons
  • Travellers
  • Cisco
  • IBM
  • SBC
  • UPS
  • WalMart
  • Wells Fargo
  • and many more (that's enough for now)
NetWork is considered the premier source in Southern California for any business or institution's technology needs. Want a video conferencing system? they will install it. Want a broadband network? they will install it. Want a Wi-Fi hot spot on Campus- they will install it and maintain all of it. You can visit their corporate web site at www.networkinstallationcorp.com
 
NetWork's Expansion To Wi-Fi - It Starts Now

On Friday, just after the market closed, NetWork Installation announced they had been approved by Motorola (NYSE: MOT) to become an Authorized CanopyTM Solutions Provider. Click Here to learn more about Motorola Canopy.

The Motorola Canopy, which you see pictured here, is the latest and most powerful generation of Wi-Fi infrastructure technology. This device was 10 years in design and testing, is very easy and inexpensive to install, and very powerful.

Unlike the "Hot Spots" you see at places like Starbucks where the broadband internet access range is only about 300 feet, the new Motorola Canopy has a line of sight range of two miles

NetWork Installation is now going to start moving into the WISP business (Wireless Internet Service Provider). With the Motorola Canopy as their infrastructure backbone, NetWork can provide broadband internet access for homes and businesses very inexpensively. Broadband access for speeds equivalent to T-1 can be provided to customers for as little as $400 per month. Cable modem speeds can be easily provided to households with no hard wiring required.
 

Conclusion

As I stated last weekend, NetWork Installation is a Wi-Fi idea no one knows about. You are the first. The company's business history, expertise and solid customer base offer protection against the downside risk. The expansion into the Wi-Fi market offers unlimited upside potential. 

There are just under 11 million shares issued and outstanding, but only 450,000 are publicly traded as of this time. This stock could be quite volatile as the audience grows and it begins to trade.

Wi-Fi is in its infancy. It reminds me of analog cellular in the early days without the enormous upfront infrastructure costs. WISPs are ideal for the millions of internet users in rural areas who do not have broadband access. I described in last weekend's edition on the Wi-Fi revolution. Click here to read that edition if you missed it.

I haven't included a chart of the stock because there is no trading history to look at. Basically, the stock is about $1 and has been for a few months. Volume is extremely limited as no one knows about it. There isn't much information published on the company yet- but it's coming.

I strongly recommend you establish an initial position in this stock immediately. There will be a lot of corporate activity over the coming months as the company expands into the Wi-Fi arena setting up both WISPs and installing Wi-Fi infrastructures for their massive existing customer base.

Once you have your initial position, you can always add to it as events unfold. I wanted to be certain OTC Journal members knew about this one before anyone else.

Here is the complete text of Friday's news release For Your Review:
 

Network Installation Corp. Secures Agreement With Motorola To Offer Wi-Fi Solutions

PR Newswire via COMTEX

Aug 1, 2003 5:37:00 PM 

IRVINE, Calif., Aug 1, 2003 /PRNewswire-FirstCall via COMTEX/ -- 

Network Installation Corp. (OTC Bulletin Board: NWIS) announced today that it has been approved by Motorola (NYSE: MOT) to become an Authorized Canopy(TM) Solutions Provider. 

The Canopy's wireless broadband platform includes an independent community-sized access point with an approximately two-mile reach, which can be extended up to 10 miles and can allow users access to broadband internet where traditional phone and cable companies do not offer service. Because of its low capital cost, The Canopy is an affordable solution for businesses and individuals seeking the quantum leap from dial-up to broadband. Its upload and download speeds are faster than other types of broadband such as DSL, ISDN, cable or satellite and with its over-the-air encryption capabilities, The Canopy scrambles data bits which prevents interception. 

According to recent industry research, only 33% of U.S. based end users are equipped with broadband internet access. Network Installation CEO Michael Cummings stated, 'These demographics present a tremendous opportunity for us to assume a leadership position in the installation of Wi-Fi infrastructure which will now allow home and office users in suburban and rural locations, access to high speed internet transmission over a secure wireless system.'He added, 'The execution of this agreement with Motorola thrusts us directly into the hyper growth wireless broadband market.' 

About Network Installation Corporation 

Network Installation Corp., is one of Southern California's leading independent designers and installers of wired and wireless networks. The Company is also focused on infrastructure opportunities within the Wi-Fi marketplace. Some of Network's clients include; IBM, Cisco Systems, The Travelers, UPS, University of Southern California, UCLA, The Counties of Los Angeles and Orange, among other Fortune 1000 companies and highly regarded institutions. Additional information on Network Installation can be found at www.networkinstallationcorp.com. The Company's public financial information and filings can be viewed at www.sec.gov. 

About Motorola 

Motorola is a global leader in wireless, automotive and broadband communications. Motorola solutions include: 

-- Software-enhanced wireless telephone and messaging, two-way radio products and systems, as well as networking and Internet-access products, for consumers, network operators and commercial, government and industrial customers. end-to-end systems for the delivery of interactive digital video, voice and high-speed data solutions for broadband operators; 

-- Embedded semiconductor solutions for customers in wireless communications, networking and transportation markets. 

-- Integrated electronic systems for automotive, Telematics, industrial, telecommunications, computing and portable energy systems markets. 

Additional information on Motorola can be found at www.motorola.com. 

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. 

SOURCE Network Installation Corp. 

Michael Novielli, +1-203-791-3838, for Network Installation Corporation 

http://www.networkinstallationcorp.com

Copyright (C) 2003 PR Newswire. All rights reserved. 
 



 


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