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Vancouver, British Columbia. / TheNewswire / September 17, 2015 - LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce that DSG Communications Ltd., a wholly owned subsidiary of Lite Access, has been awarded a contract in the amount of $440,000 for the supply and installation of a 3.85 km fibre optic backbone for the Corporation of Delta, British Columbia. Using Lite Access' proprietary microtrench and air blown fibre optic technologies this backbone will connect an existing fibre optic network to the North Delta Recreation Centre and Public Safety building. Lite Access and DSG Communications have been awarded this latest project to provide the most future proof and cost effective fibre connectivity solution available.
The Corporation of Delta like many other communities throughout much of North America are proactively building infrastructure to help offset the high cost of current service provider connectivity. Due to the high costs associated with traditional fibre builds and high monthly costs for individual connections, cities and communities are actively seeking alternative technologies and deployment options that will enable connectivity in the most cost effective and timely manner possible. Lite Access Technologies has been working with numerous communities and cities to provide a proven solution that is being adopted throughout much of North America. Specializing in microduct and air blown fibre technologies and deployed using specially designed micro-trench methodologies, Lite Access has successfully changed the way fibre optic connectivity is achieved today. Beginning with the Columbia Mountain Open Networks and its numerous communities in south eastern British Columbia, Lite Access' products have been used for many other municipalities in Western Canada including QNet - in Coquitlam, BC, the Township of Langley, BC, Banff and Waterton, Alberta, to name a few.
Lite Access is also pleased to announce that DSG Communications, in addition to the contract announced above, has been awarded a fibre optic network service and supply agreement from the Corporation of Delta, British Columbia. This agreement entails the provision of materials and labour to perform miscellaneous fibre optic services on an "as and when requested" basis. The agreement will be in effect up to June 30, 2016. This service and maintenance agreement is in addition to existing ongoing maintenance contracts with Shaw Communications and the Columbia Mountain Open Network covering a number of cities in the Kootenay region of south eastern British Columbia.
Mike Plotnikoff, CTO of Lite Access, states "We are pleased that the Corporation of Delta has approved the use of our products and services. Delta is just the latest in a number of cities that have recognized the multiple advantages of our products and deployment techniques. This agreement with the Corporation of Delta is further evidence of the quality of work and reputation of DSG Communications. We anticipate additional agreements similar to these as entities realize the value that DSG and Lite Access can bring to their organizations."
About Lite Access Technologies
Lite Access is a world leader in microduct and fibre optic technologies. Lite Access's 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, Australia and Asia.
Lite Access' products have been deployed in many high profile communication networks including the Whistler 2010 Winter Olympic facilities, builds within the State of New York including Central Park, the Las Vegas strip and surrounding areas of Nevada, fibre to the home at Stanford University and numerous other locations around the globe that have adopted Lite Access as the "solution of choice" for future proof fibre optic connectivity.
For further information please contact:
Lite Access Technologies Inc.
2180 - 21331 Gordon Way
Richmond, BC V6W 1J9
(604) 247-4704 http://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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