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'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:
 

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts. MarketByte LLC has been paid of fee of $25,000 and 250,000 newly issued restricted shares by NetWork Installation for coverage of the company.

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