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Lite Access Technologies Receives First Order For Lite X TEND(tm) Product From Major South African Telco
(via Thenewswire.ca) Lite Access' new Lite X Tend(TM) last mile solution to be used by Vod...
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[{"type":"text","content":"Lite Access Technologies Receives First Order For Lite X TEND(tm) Product From Major South African Telco(via Thenewswire.ca)\n \n \nLite Access' new Lite X Tend(TM) last mile solution to be used by Vodacom, South Africa\n\n\n \nJune 20, 2016 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. (the \"Company\") (CSE: LTE, Pink Sheets: LTCCF), an integrated fibre optic solutions provider, today announced that it has received the first purchase order valued at $2,005,877 Rand (approximately $132,575 USD) for its proprietary Lite X Tend(TM) solution from Vodacom, South Africa through the Company's certified sales and installation partner, Brite Access (Pty) Ltd., formerly known as Nulani (Pty) Ltd. This initial purchase order will provide product to connect the first 1,125 homes of an overall 270,000 home connectivity initiative undertaken by Vodacom which is expected to be completed within the next three to five years. The Company anticipates that it will receive further purchase orders as Vodacom has indicated that it will use the Lite X Tend(TM) solution for this aggressive fibre-to-the-home (FTTH) rollout. \n\n \n \nThis order includes the use of a specially designed home-drop solution, which was a collaborative design by the two companies and manufactured exclusively by Lite Access Technologies. Vodacom, South Africa, has both approved and standardized on the Lite X Tend(TM) solution for last-mile connectivity as it reduces significant costs and complications associated with \"last mile\" home connections.\n\n\n \nThe Lite X Tend(TM) solution was designed to alleviate technical issues associated with last mile home connections. Due to the design and construction of the technology, the need for skilled fibre optic splicers and technicians is now no longer required and, in fact, enables do-it-yourself home owner installations. Current competitive offerings still require technicians and fibre optic fusion splicers to complete installations thus adding unnecessary costs and increased time to deployment for last mile home connections.\n\n \n \nMike Plotnikoff, CEO of Lite Access, states, \"Necessity has always been a key driver of innovation. We are exceptionally pleased that, working with our new partners at Brite Access to solve the challenges faced by Vodacom, South Africa, we have been able to create toget...