N@N

OptiCon Systems, Inc. : OPTICON (OPCN) Receives High Eight Figure Offer for Its World-Class Hybrid Network Management System: O

^{Published on 2009-07-06 06:37:35, Last Modified on 2009-07-06 06:37:44 - Market Wire}
 

ST. PETERSBURG, FL--(Marketwire - July 6, 2009) - OptiCon Systems, Inc. (OTCBB: [ OPCN ]), a leading global provider of communications and telecommunications software for Wireline, Wireless and fiber optics, announced today that it has received a purchase offer in high eight figures for its Hybrid Network Management System: OptiCon R4, the next generation in network management software. The Company believes that the potential marketplace for its next generation OptiCon R4 is in $20 to $40 billion dollars by 2012. Considering the pedigree, the name, its world-class architecture and other applicable and developable platform alternative uses, such as PowerCon, management believes that OptiCon R4's more accurate valuation would be much higher; hence we have rejected the offer. The Company may consider other offers if they more accurately reflect its true value. Also the Company, currently, is in the process of market valuation and platform evaluation of its OptiCon R4.

The Company believed that besides other applicable developable platforms such as PowerCon, OptiCon R4 is the only Hybrid Systems that offers:

 1. Increased scalability for larger customers 2. Management of Fiber, Copper, Coax, and Wireless networks 3. Modular functionality-target specific customers and price points 4. Customizable to specific customers 5. Foreign language support 6. Web/PDA accessible architecture 

OptiCon R4's ability to solve the significant needs that the major telephone and cable companies will have as a result of the convergence of the telecommunications marketplace -- that is, 1) cable companies who have experience in dealing with cable now want to deliver voice and other services over their networks and require a QoS dramatically higher than they are used to and 2) telephone companies who have a long-time experience with delivering voice services are now deploying fiber optic cable in order to deliver data and video services over the higher bandwidth made possible by laying fiber. Thus, for very different reasons, both sectors will have a need to more effectively and efficiently manage their fiber networks in ways they have not done to date.

"Also, significantly, we believe our fundamental duty is to increase shareholder value by anticipating all potentials for the company. Hence we have increased our sales efforts in many countries globally for OptiCon R3, our current world-class network management software. In tangent, we will also consider all offers that makes the most sense to our management team and our shareholders for OptiCon R4 and also PowerCon," stated Mr. Sam Talari, acting CEO of OptiCon.

About OptiCon Systems

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.