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ONCP .0011
MGLG 0005s getting spanked
141 Capital to Register with NFA as Independent Broker and Order Financial Audit
20 minutes ago - Businesswire
Related Companies
Symbol Last %Chg
ONCP 0.0009 28.57%
As of 9:33 AM ET 5/13/09
141 Capital, Inc. (OTCPK: ONCP) announced today that it plans to register with the National Futures Association as an Independent Introducing Broker. In doing so, 141 will be able to participate in commissions generated from electronic trades placed by its customers. As part of the registration process, management stated that it will order the independent audit of the company's financials. Audited financial statements for year-end 2008 and the first two quarters of 2009 are necessary to complete the application process. The audited financials, when completed, will be filed with the NFA, and posted to 141's website as part of management's efforts to increase public disclosure and investor transparency.
Errol Stone, CEO of 141 stated, "As 141 has previously been registered with the NFA as an Introducing Broker, the approval process should go smoothly, and while audited financials are necessary to the registration process, we intend to undergo the audit and fully disclose the results in order to increase our level of transparency. Showing our bottom line is part of our commitment to shareholder value." Mr. Stone noted that upon the execution of a letter of engagement that the auditing firm and schedule would be announced.
By offering discounted commission rates of futures and associated options contracts traded globally, 141 looks to build a significant customer base from which the company will generate commissions. Mr. Stone explained, "Our marketing plan will provide us with some significant competitive advantages. Low commissions for electronic trading customers will be achieved on our unique execution platform through a web-based portal currently in development that will offer global electronic trading in futures, futures options, stocks, stock options, ETFs and other listed funds, Forex, and bonds."
About 141 Capital, Inc. (www.141capital.com):
141 Capital, Inc., is a publicly traded company based in Chicago. Its primary operations involve commodity trading. The company's principals are involved in the development of software technology to develop a proprietary trading platform that the company intends to release to consumers upon its completion and the company's registration as an independent broker with the NFA. Additionally, 141 Capital utilizes trading systems for trading financial products listed on the world's derivatives for its own account.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: 141 Capital, Inc.
141 Capital, Inc.
Errol Stone
Investor Relations
1-407-389-5900
www.141capital.com
ONCP NEWZZ >> 141 Capital to Register with NFA as Independent Broker and Order Financial Audit
20 minutes ago - Businesswire
Related Companies
Symbol Last %Chg
ONCP 0.0009 28.57%
As of 9:33 AM ET 5/13/09
141 Capital, Inc. (OTCPK: ONCP) announced today that it plans to register with the National Futures Association as an Independent Introducing Broker. In doing so, 141 will be able to participate in commissions generated from electronic trades placed by its customers. As part of the registration process, management stated that it will order the independent audit of the company's financials. Audited financial statements for year-end 2008 and the first two quarters of 2009 are necessary to complete the application process. The audited financials, when completed, will be filed with the NFA, and posted to 141's website as part of management's efforts to increase public disclosure and investor transparency.
Errol Stone, CEO of 141 stated, "As 141 has previously been registered with the NFA as an Introducing Broker, the approval process should go smoothly, and while audited financials are necessary to the registration process, we intend to undergo the audit and fully disclose the results in order to increase our level of transparency. Showing our bottom line is part of our commitment to shareholder value." Mr. Stone noted that upon the execution of a letter of engagement that the auditing firm and schedule would be announced.
By offering discounted commission rates of futures and associated options contracts traded globally, 141 looks to build a significant customer base from which the company will generate commissions. Mr. Stone explained, "Our marketing plan will provide us with some significant competitive advantages. Low commissions for electronic trading customers will be achieved on our unique execution platform through a web-based portal currently in development that will offer global electronic trading in futures, futures options, stocks, stock options, ETFs and other listed funds, Forex, and bonds."
About 141 Capital, Inc. (www.141capital.com):
141 Capital, Inc., is a publicly traded company based in Chicago. Its primary operations involve commodity trading. The company's principals are involved in the development of software technology to develop a proprietary trading platform that the company intends to release to consumers upon its completion and the company's registration as an independent broker with the NFA. Additionally, 141 Capital utilizes trading systems for trading financial products listed on the world's derivatives for its own account.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: 141 Capital, Inc.
141 Capital, Inc.
Errol Stone
Investor Relations
1-407-389-5900
www.141capital.com
0009'S GETTING HIT----NICE
ONCP here she goes
ONCP here she goes
** ONCP Video Chart 5/12/09 **
Price has slowly "stair stepped" up over the past couple weeks... $.0002 is a key support level, and with a break of $.001, the resistance levels to the upside get very thin...
Link to video - http://investorshub.advfn.com/boards/playvideo.aspx?v_id=347
** ONCP Video Chart 5/12/09 **
Price has slowly "stair stepped" up over the past couple weeks... $.0002 is a key support level, and with a break of $.001, the resistance levels to the upside get very thin...
Link to video - http://investorshub.advfn.com/boards/playvideo.aspx?v_id=347
MGLG ONCP Quinella
MGLG ONCP Quinella
OPCN NEWS---OptiCon Systems, Inc. (OTCBB: OPCN) announced today that the Company has signed an Exclusive Agency Agreement with Mfumo Networking Solutions of South Africa to represent OptiCon Systems in South Africa by providing the Company's customers with data services, relative to the installation of the OptiCon Fiber Management Software, including mapping and monitoring the customers' network systems, and providing all other professional services relating to the use of the Company's software. As part of the Agreement, Mfumo Networking is committed to making a substantial investment in the infrastructure, including facilities, equipment, personnel, and marketing, to build the largest network operating centers in the African Continent for OptiCon. The term of the contract is for 24 months, renewable for additional 12-month periods. The estimated revenue projected from this contract throughout its initial term should add $8M-$12M to our gross revenue.
The national government, major cities and municipalities are committed to expanding fiber optic coverage to office buildings, schools and outlying areas, and continue to award major contracts for the installation of fiber optic lines throughout the country. The first installation of the Company's software will be done for the Ekurhuleni municipality, the largest in South Africa, and thought to be the only municipality in the world that owns its own fiber optic network. The local municipalities and national government are committed to fiber optic connectivity throughout the country.
"This Agreement with Mfumo will provide OptiCon a physical presence and a major competitive advantage in South Africa with a great opportunity to deploy our Fiber Optic Management System to all government agencies at a time when the government is deploying nationwide fiber optic systems, and are in dire need to maintain critical networks up and running with as little interruption as possible; OptiCon provides the solution to their needs. Mfumo's expertise and knowledge in the South Africa Telecomm market and business relationships built over the years provide OptiCon a platform for expansion not only in South Africa but to the surrounding countries in southern Africa. Through this agreement, South Africa will have the most cutting-edge fiber optic network management system and Network Operating Center to manage those networks in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon Systems, Inc. provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit www.opticonsystemsinc.com.
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Media Contact:
OptiCon Systems, Inc.
investors@opticonsystemsinc.com
SOURCE: OptiCon Systems, Inc.
mailto:investors@opticonsystemsinc.com
OPCN NEWS---OptiCon Systems, Inc. (OTCBB: OPCN) announced today that the Company has signed an Exclusive Agency Agreement with Mfumo Networking Solutions of South Africa to represent OptiCon Systems in South Africa by providing the Company's customers with data services, relative to the installation of the OptiCon Fiber Management Software, including mapping and monitoring the customers' network systems, and providing all other professional services relating to the use of the Company's software. As part of the Agreement, Mfumo Networking is committed to making a substantial investment in the infrastructure, including facilities, equipment, personnel, and marketing, to build the largest network operating centers in the African Continent for OptiCon. The term of the contract is for 24 months, renewable for additional 12-month periods. The estimated revenue projected from this contract throughout its initial term should add $8M-$12M to our gross revenue.
The national government, major cities and municipalities are committed to expanding fiber optic coverage to office buildings, schools and outlying areas, and continue to award major contracts for the installation of fiber optic lines throughout the country. The first installation of the Company's software will be done for the Ekurhuleni municipality, the largest in South Africa, and thought to be the only municipality in the world that owns its own fiber optic network. The local municipalities and national government are committed to fiber optic connectivity throughout the country.
"This Agreement with Mfumo will provide OptiCon a physical presence and a major competitive advantage in South Africa with a great opportunity to deploy our Fiber Optic Management System to all government agencies at a time when the government is deploying nationwide fiber optic systems, and are in dire need to maintain critical networks up and running with as little interruption as possible; OptiCon provides the solution to their needs. Mfumo's expertise and knowledge in the South Africa Telecomm market and business relationships built over the years provide OptiCon a platform for expansion not only in South Africa but to the surrounding countries in southern Africa. Through this agreement, South Africa will have the most cutting-edge fiber optic network management system and Network Operating Center to manage those networks in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon Systems, Inc. provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit www.opticonsystemsinc.com.
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Media Contact:
OptiCon Systems, Inc.
investors@opticonsystemsinc.com
SOURCE: OptiCon Systems, Inc.
mailto:investors@opticonsystemsinc.com
OPCN .54 SWEEEET
OPCN .54 SWEEEET
OPCN .51 X .52
OPCN Gapping
momoplays.com: Boca Raton Fl.---9:20 EST---Momoplays.com is pleased to announce that OTCBB : OPCN, its latest profiled stock has news that may cause a continuation of massive gains to investors.
Mon. May 11, 2009; Posted: 05:59 AM
May 11, 2009 (M2 PRESSWIRE via COMTEX) -- OPCN -- Opticon Systems Inc (OTCBB:OPCN) Momoplays.com's latest stock pick for potential gains has shattered our expectations for a momentum play. OPCN was trading at 0.10 when we alerted it initially. Since then OPCN has seen a high of 0.59 and is holding steady in the 0.48 area. Our subscribers have seen massive profit over the past week and the current chart indicators show that this trend may continue. OPCN is now trading at a new high for the YEAR. See current news below.
OptiCon (OPCN) Continues Its Expansion Into the South African Telecommunications Market Friday 08/05/2009 4:17 PM OptiCon Systems, Inc. (OTCBB: OPCN | Quote | Chart | News | PowerRating) announced today that the Company has signed an Exclusive Agency Agreement with Mfumo Networking Solutions of South Africa to represent OptiCon Systems in South Africa by providing the Company's customers with data services, relative to the installation of the OptiCon Fiber Management Software, including mapping and monitoring the Customers' network systems, and providing all other professional services relating to the use of the Company's software. As part of the Agreement, Mfumo Networking is committed to making a substantial investment in the infrastructure, including facilities, equipment, personnel, and marketing, to build the largest network operating centers in the African Continent for OptiCon. The term of the contract is for 24 months, renewable for additional 12-month periods. The estimated revenue generated from this contract throughout its initial term should add $8M-$12M to our gross revenue number.
Mfumo Networking has grown to become one of the country's premier IT companies and a pioneer of sustainable information technology solutions for South African Businesses competing in the global arena. Mfumo Networking's excellent relationships with local municipalities and governmental agencies will be an asset in expanding OptiCon' s market strategies into these areas.
Although South Africa has seen a double digit growth over the past 2 years in voice and data demand, it is considered by most standards the tip of the iceberg in terms of anticipated demand for voice and data services. Currently, South Africa is aggressively working on fiber infrastructure to comply with the need for global communications as the country readies for the World Cup Soccer Tournament in 2010. The country has yet to begin fiber optic penetration into the private sector, and has had limited penetration into the Governmental and business sectors. Private and governmental investment into South African fiber network market is expected to grow ten-fold over the next 3-5 years.
In addition, the national government, major cities and municipalities are committed to expanding fiber optic coverage to office buildings, schools and outlying areas, and continue to award major contracts for the installation of fiber optic lines throughout the country. The first installation of the Company's software will be done for the Ekurhuleni municipality, the largest in South Africa, and thought to be the only municipality in the world that owns its own fiber optic network. The local municipalities and national government are committed to fiber optic connectivity throughout the country.
"This Agreement with Mfumo will provide OptiCon a physical presence and a major competitive advantage in South Africa with a great opportunity to deploy our Fiber Optic Management System to all government agencies at a time when the government is deploying nationwide fiber optic systems, and are in dire need to maintain critical networks up and running with as little interruption as possible; OptiCon provides the solution to their needs. Mfumo's expertise and knowledge in the South Africa Telecomm market and business relationships built over the years provide OptiCon a platform for expansion not only in South Africa but to the surrounding countries in southern Africa. Through this agreement, South Africa will have the most cutting-edge fiber optic network management system and Network Operating Center to manage those networks in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon Systems, Inc. provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit www.opticonsystemsinc.com.
Forward-Looking Statements This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Compensation In order to be in full compliance with the Securities Act of 1933, Section 17(b), MomoPlays.com, its management and principles fully disclose that they receive fees from profiled companies or agents representing the profiled companies. These fees may be paid in cash, securities of profiled companies, or both, and will be completely disclosed in each profile.
Since MomoPlays.com receives compensation and its employees, affiliates, or members of their families will hold stock in the profiled companies, there is an inherent conflict of interest in the statements and opinions, and such statements and opinions are not independent.
Momoplays.com has been compensated by a third party in sum of five thousand dollars in cash for a 5 day investor relations contract for opcn. Further compensation is being negotiated and will be announced when received. Never invest into a stock we discuss unless you can afford to lose Media Contact:
OptiCon Systems, Inc.
investors@opticonsystemsinc.com
SOURCE: OptiCon Systems, Inc.
CONTACT: OptiCon Systems, Inc e-mail: investors@opticonsystemsinc.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
For full details for OPCN click here.
MICA M Spartan Securities Group, Ltd. ST PETERSBURG, FL 727-823-2058
This pig won't move---all day ruining this stock
someone call this MOMOBLOCK MICA M Spartan Securities Group, Ltd. ST PETERSBURG, FL 727-823-2058
OPCN--geez MICA won't move the pigmomoblocker
on OPCN
MICA sitting on the box blowing out paper...friggin momoblock
OPCN starting to go again
OPCN turning here
HRNF 0005
Got some cheapies HRNF for bounce
Got some cheapies HRNF for bounce
OPCN >>> +136% SINCE MON
OPCN >>> +136% SINCE MON
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
OPCN FLYING AGAIN STRONNNNNNNG
OPCN FLYING AGAIN STRONNNNNNNG
OPCN Gapped and ready to splode
OPCN Gapped and ready to splode
OPCN NEWS >>>> OptiCon (OPCN) Continues Its Inroad Into the Exploding African Telecommunications Marketplace
Company Signs Sales Agreement With Mfumo Networking Solutions of South Africa
ST. PETERSBURG, FL--(MARKET WIRE)--May 5, 2009 -- OptiCon Systems, Inc. (OTC BB:OPCN.OB - News) announced today that the Company has signed an Exclusive Sales Representative Agreement with Mfumo Networking Solutions of South Africa, to sell the OptiCon Fiber Management Software to Government Agencies in South Africa. Mfumo Networking Solutions of South Africa has grown to becoming one of the country's premier IT practices laying thousands of miles of fiber optics cabling for the government and telecommunication companies throughout South Africa. The term of the contract is for 12 months, renewable for additional 12-month periods. The estimated revenue projected from this contract alone throughout its term should add $5M-$10M to our revenue. This revenue projection does not include our other sales agreements effective in South Africa or Africa.
Related Quotes
Symbol Price Change
OPCN.OB 0.2548 +0.0848
{"s" : "opcn.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""}
The growth of fiber network communications in South Africa is at its infant stage. The country has seen double digit growth over the past 2 years in voice and data demand and South Africa is aggressively working on fiber infrastructure to comply with the need for global communications as the country readies for the World Cup Soccer Tournament in 2010. Private investment into South African fiber networks has seen a tremendous increase with the market expected to grow ten-fold over the next 3-5 years. In addition, the national government, major cities and municipalities are committed to expanding fiber optic coverage to governmental office buildings, schools and outlying areas. The Governor of Gauteng province, the largest of South Africa's seven provinces with over 15 million people, announced in a recent speech, the government's commitment to fiber optic connectivity throughout the province.
"This agreement with Mfumo will give OptiCon a major competitive advantage in South Africa and an opportunity to sell its OptiCon Fiber Optic Management System to all government agencies at a time when the government is deploying nationwide fiber optic systems. Mfumo's expertise and knowledge in the South Africa Telecomm market will give OptiCon a distinct market advantage and provide OptiCon the opportunity to introduce our superior software system into South Africa and the African continent. Through this agreement, Government Agencies will have the most cutting-edge fiber optic network management system in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon, through its subsidiary, OptiCon Systems, Inc., provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecomm companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
OPCN NEWS >>>> OptiCon (OPCN) Continues Its Inroad Into the Exploding African Telecommunications Marketplace
Company Signs Sales Agreement With Mfumo Networking Solutions of South Africa
ST. PETERSBURG, FL--(MARKET WIRE)--May 5, 2009 -- OptiCon Systems, Inc. (OTC BB:OPCN.OB - News) announced today that the Company has signed an Exclusive Sales Representative Agreement with Mfumo Networking Solutions of South Africa, to sell the OptiCon Fiber Management Software to Government Agencies in South Africa. Mfumo Networking Solutions of South Africa has grown to becoming one of the country's premier IT practices laying thousands of miles of fiber optics cabling for the government and telecommunication companies throughout South Africa. The term of the contract is for 12 months, renewable for additional 12-month periods. The estimated revenue projected from this contract alone throughout its term should add $5M-$10M to our revenue. This revenue projection does not include our other sales agreements effective in South Africa or Africa.
Related Quotes
Symbol Price Change
OPCN.OB 0.2548 +0.0848
{"s" : "opcn.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""}
The growth of fiber network communications in South Africa is at its infant stage. The country has seen double digit growth over the past 2 years in voice and data demand and South Africa is aggressively working on fiber infrastructure to comply with the need for global communications as the country readies for the World Cup Soccer Tournament in 2010. Private investment into South African fiber networks has seen a tremendous increase with the market expected to grow ten-fold over the next 3-5 years. In addition, the national government, major cities and municipalities are committed to expanding fiber optic coverage to governmental office buildings, schools and outlying areas. The Governor of Gauteng province, the largest of South Africa's seven provinces with over 15 million people, announced in a recent speech, the government's commitment to fiber optic connectivity throughout the province.
"This agreement with Mfumo will give OptiCon a major competitive advantage in South Africa and an opportunity to sell its OptiCon Fiber Optic Management System to all government agencies at a time when the government is deploying nationwide fiber optic systems. Mfumo's expertise and knowledge in the South Africa Telecomm market will give OptiCon a distinct market advantage and provide OptiCon the opportunity to introduce our superior software system into South Africa and the African continent. Through this agreement, Government Agencies will have the most cutting-edge fiber optic network management system in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.
About OptiCon Systems
OptiCon, through its subsidiary, OptiCon Systems, Inc., provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecomm companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
nice volume
still slammin +47% on 2M vol