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October 13, 2015 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce the receipt of a purchase order totaling approximately US$180,000 for the supply of microduct and fibre optic components for a fibre deployment project in Washington State.
Michael Plotnikoff, CTO of Lite Access states, "This is an important contract for Lite Access for two reasons: it is indicative of our continued success in the United States market and, in conjunction with our recent announcement of projects in Trinidad, US Virgin Islands, British Columbia and Alberta, it demonstrates that our proprietary products and deployment solutions are being embraced by an international audience."
Beginning with Waterton, AB - and including Delta, BC, Langley, BC, Rossland, BC, US Virgin Island Water and Power Authority, and the Telecommunication Services of Trinidad and Tobago - this is the seventh announced sales contract awarded to Lite Access in the past four months, culminating in orders and bookings exceeding CDN$1.7 million. A massive investment cycle in fibre optic networks has emerged as traditional copper networks are being replaced. The Company has been working with numerous telecom companies, ISP's, and communities, providing the most timely, future-proof and cost-effective fibre connectivity solution available. Specializing in microduct and air-blown fibre technologies, and deployed using specially designed micro-trench technologies, Lite Access' proven solutions have been adopted worldwide and have successfully changed the way fibre connectivity is achieved today.
About Lite Access
Lite Access is a world leader in microduct and fibre optic technologies. Lite Access' proprietary microduct technology extends a network provider's ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, and Asia.
For further information please contact:
Lite Access Technologies Inc.
Phone: 1-604-247-4704
1115 - 1215 Graybar Rd.
Richmond, BC V6W 0A5
www.liteaccess.com
For investor relations please contact:
Rob Gamley
Phone: 1-604-689-7422
Email: rob@contactfinancial.com
Contact Financial Corp.
1450 - 701 West Georgia St.
Vancouver, BC V7Y 1G5
Forward Looking Information
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties described in the Company's Listing Statement dated May 26, 2015 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially form the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.
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