Telefix Communications Holdings Inc (OTCMKTS:TLFX) increased 6.25% to close at $0.00340 in the last trading session and its total traded volume was 3.29 million shares versus average volume of 27.50 million. The company has market cap of $1.54 million while its total outstanding shares are 480.26 million. Telefix Communications Holdings Inc (OTCMKTS:TLFX) disclosed the award of a Vertical Solution Provider M2M Agreement contract from Verizon Wireless. The agreement provides authorized use of Verizon’s M2M (Machine to Machine) wireless lines of service. Data lines will facilitate machine to machine video communications for users of TeleFix’s proprietary workflow process management and documentation system COPS®. The agreement will further enable co-marketing of products with sales distribution allowing the industry leaders to deliver new solutions and mobile experiences for mutual clients. TeleFix is the first known to deploy a forward-thinking subscription based connected solution which fully integrates multiple technologies – Internet of Things Wearable Technology (IOT), Interactive Real Time Live Video, Virtual Cloud Platform (PaaS), and Data Analytics – to solve daily common problems in field service industries. TeleFix Communications, Inc. designs, develops, and maintains networks for wireless communications. The company was founded in 2010 and is based in Dallas, Texas.
Source: Investors Wired May 16, 2016
