5BARz International Inc. (fka BARZ)

[As I See It]

Now we know what was taking so long. Apparently the telco's required a remote management system capability that took longer than anticipated to complete.

The final sign off by both customers was completed in December 2016 and now 5BARz is able to accelerate volumes with the full complement of performance with remote access control of Network extender.

This is the first time that these top two Telcos in India will be competent to track the key performance indicators of their network at a home level by comprehending the incoming signal strength, signal boost required for the homes and also usage patterns of phones in the house. 5BARz intends to revise and update its sales guidance on the Network Extender due to this significant accomplishment and the two quarter delay in the overall development & deployment of the advanced remote management system.

With this news and last week official launch of the Wi-Fi product "ROVR", it looks like we may finally be in position to close on some financing.


http://ir.5barz.com/press-releases/detail/471