Science & Technology
Science and Technology
Science and Technology
Thu, February 5, 2009 OptiCon Systems, Inc. : OptiCon (OPCN) Signs Exclusive Agent Agreement With Develco of South Africa
GRAPEVINE, TX--(Marketwire - February 5, 2009) - OptiCon Systems, Inc. (
The growth of fiber network communications in South Africa is at its infant stage. As the Soccer World Cup Tournament is scheduled to begin in July of 2010, and telecommunications companies are moving away from Copper, companies are aggressively working on fiber infrastructure to improve the quality of their telecommunications systems in South Africa and also the African continent as a whole. Currently a planned national long-distance fiber optic network of 5,000km connecting the major centers across South Africa is in process. Additionally, there are at least 5 major companies laying fiber optic network systems in the country and these companies are just beginning to start providing services to new customers. The potential market in Africa for fiber optic related products and services are in Billions of Dollars.
"This agreement with Develco will give OptiCon a strategic partner to establish a sales and marketing network selling the OptiCon Fiber Optic Management System while the fiber is in the process of being deployed throughout South Africa. This gives OptiCon a clearly defined opportunity to work closely with the companies laying fiber in South Africa. We can deliver to them the most cutting-edge fiber optic network management system in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon, through its subsidiary, OptiCon Systems, Inc., provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit [ www.opticonsystemsinc.com ].
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
