Spectrum Global Solutions Gains Approval for its Patented Drone Tower Mapping Service from a National Tier 1 Carrier
Aug 07, 2018 13:00:00 (ET)
Spectrum Global Solutions Gains Approval for its Patented Drone Tower Mapping Service from a National Tier 1 Carrier
LONGWOOD, Fla., Aug. 07, 2018 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc., (OTC:SGSI) (the "Company"), a single-source provider of end-to-end next-generation wireless and wireline network services and solutions to the service provider (carrier) and corporate enterprise markets, announced that it has been approved by a Tier 1 carrier to provide its patent pending drone (UAV) tower mapping services,
Roger Ponder, CEO said, "This approval again demonstrates the continued acceptance and validation of our industry disruptive, patent pending, drone mapping technology that produces results superior to 1/16(th) of an inch accuracy. We anticipate this to increase our engineering and structural analysis revenue streams going forward.
Roger Ponder goes on to say, "While this technology is being initially used in the telecom sector to structurally map towers and appurtenances, it is able to be deployed in other industries where structural measurements need to be taken in an elevated environment. By not having to send climbing crews up to perform these measurements it greatly increases safety and significantly reduces liabilities for the contractor, tower tenant and structure owner.
About Spectrum Global Solutions, Inc.:
Spectrum Global Solutions operates through its subsidiaries AW Solutions and ADEX Corp. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. For more information about the Company and its technologies visit the Company's public filings at SEC.gov.
Forward-looking statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
CONTACT:
Investor Relations
Spectrum Global Solutions
561-672-7068
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