Business
On4 Communications Announces a New 2000 Unit $400,000 Contract for February Delivery
On4 Communications Announces a New 2000 Unit $400,000 Contract for February Delivery.
About this update from On4 Communications, Inc.
[{"type":"text","content":"\n\n NEW YORK, Nov. 07, 2017 (GLOBE NEWSWIRE) -- On4 Communications, Inc. (OTC:ONCI) is pleased to announce that it has executed a 2000 unit contract with a large European Taxi Company.\n CEO Steve Berman states, “We are pleased to announce this contract with a major European Taxi Service with locations in Czech Republic, Hungary and Romania. They will be taking 500 units per month for 4 months beginning February 2018. Each unit is $200 totaling $100,000 per month and a grand total of $400,000.” “We are also pleased to announce that we have signed a contract with former NASCAR team owner Bill Jenkins. Bill will be a consultant to the company. Bill has a vast marketing background and will be a major asset to the company. “In addition, we have secured 12 major meetings at the Dubai Auto Show starting Nov. 14 with major clients including: Taxi WataniCareem (Uber for Middle East)Tammimi TransportAl Naghi GroupKey Rent a carMuhaidib Group - Integrated Transport CoMinistry of Transport SaudiRTA DubaiAl Futtaim (major auto distributor)Al Jomaih (GM distributor)Juffali (Mercedes Saudi)SAPTCo (Bus company) “All clients will be testing units prior to our meetings next week. We will also be meeting with other major companies in the Middle East to discuss their distracted driving needs. These meetings are huge and represent a large cross section of both consumer and commercial groups.” “Last 10 days I was in Kuala Lumpur meeting with 4 Cellular telephone companies and securing our first Asian factory deal. Closing is expected in February 2018. We expect to re-tool the facility in the next couple of months and will be able to produce an additional 4000 units per month. We have a letter of intent for the next 3000 sq ft facility to come online mid 2018.” “Please also note that all questions for the conference call on Friday can be sent to [email protected] and we will answer as many of them as we can on the call.” “Meeting with Lawyers all day today to finalize exciting new revenue contracts and global opportunities,” CEO Steve Berman concludes. About On4 Communications  On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare in...