On4 Communications Announces Over $1,000,000 in New Revenue Contracts and Participation at the Dubai International Motor Show
NEW YORK, NY--(Marketwired - Oct 16, 2017) - On4 Communications (OTC: ONCI) today announced it has signed $1,020,000 in new revenue contracts, and participation in the Dubai International Motor Show.
CEO Steve Berman states, "We are pleased to announce that we have signed a contract with a 7 dealer West Texas auto group with brands including Jeep, Dodge Trucks, Ford, Toyota, Nissan, Chevy and Hyundai. Each dealership will take 35 units a month at $200 each for $49,000 per month and a total of $588,000 per year. We have also signed a contract with a 6 Dealer South Florida Auto group with brands including Toyota, Nissan, Acura, Kia, Jeep and Hyundai. Each dealership will take 30 units per month at $200 per unit for $36,000 per month and $432,000 per year. Delivery will be mid December 2017.
"We are also pleased to announce that we have been invited to participate in the Dubai International Motor Show from November 14 to November 18 in Dubai, United Arab Emirates. As of Today we have set up Meetings with 3 International Insurance Groups, a large after Market Warranty Group, 2 International Auto Manufactures and a large FNI after Market group. We will be presenting bSafeMobile and bFoundMobile. I will be travelling to Dubai on Nov 13 and returning to NYC on November 19th. The Dubai International Motor Show is attended by every big Insurance Carrier, Auto Manufacturer, Extended Warranty Group and all the big after market industry providers in the world. This is truly an International Affair."
"As I have stated before we are in the perfect storm of the business cycle as our brands get more and more recognition. Updates on all deals and new revenue contracts to come shortly," Berman Concludes.
