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ERF Wireless Continues to Sign Multiple New Contracts With Companies in the Oil & Gas Sector and Sees Strength Increasing in It

^{Published on 2010-07-12 06:30:22 - Market Wire}
 

LEAGUE CITY, TX--(Marketwire - July 12, 2010) - ERF Wireless (OTCBB: [ ERFW ]), a leading provider of enterprise-class wireless and broadband products and services, announced today that it continues to sign multiple new contracts to provide communications service, equipment, and infrastructure with a number of oil and gas sector companies for products and services to be provided in the United States as well as several foreign countries. While the size of these recent contracts is typically hundreds of thousands of dollars over multiple-year periods, it further validates that the momentum the company has been realizing in its Oil & Gas Division should continue to grow into the future. In addition, the company is in late-stage negotiations with several very large, global energy companies to provide comprehensive communications services to help support a substantial augmentation in communications capabilities for exploration and production activities. The company expects to complete at least one of these large contracts in the short term and will keep shareholders abreast of any new developments regarding signing of any additional contracts.

According to Dr. H. Dean Cubley, CEO of ERF Wireless, "Our company's continued focus on the oil and gas industry in 2010 is a reflection of the commitment that ERF Wireless continues to make in becoming the dominate provider of terrestrial wireless broadband communications to the North American oil and gas industry. Our acquisition and contracting activities over the past several years has established ERF Wireless as the owner of the largest wireless broadband network covering most major oil and gas regions in North America. Now, we see 2010 developing as the year in which our oil-and-gas-related revenues will begin to dominate the overall ERF Wireless business plan through our existing contracts, newly signed contracts, as well as the major new contracts we are currently finalizing."

About ERF Wireless

ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of ERF Oil & Gas Services, ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at [ www.erfwireless.com ] and [ www.erfwireless.net ] or call 281-538-2101. (ERFWG)

Forward-looking statements in this release regarding ERF Wireless Inc. are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.