MSTI Holdings, Inc. Common Shares Have Commenced Trading as
FITX.OB on the OTC Bulletin Board
HAWTHORNE, N.J.--(BUSINESS WIRE)--May 31, 2007 MSTI Holdings, Inc., a Telkonet company (AMEX:TKO) and a carrier class communications technology company that specializes in providing true quadruple play services to residential, hospitality and commercial properties, announced today that its shares have commenced trading under the symbol FITX.OB. The company expects a new symbol to be assigned in the near future.
About MSTI Holdings, Inc.
MSTI Holdings, Inc. (FITX.OB) is a communications technology company that specializes in video to the desktop, video conferencing, distance learning, two-way data, and Internet access services. MSTI offers complete sales, installation, and service of VSAT and business television networks, and is a full-service national Internet Service Provider (ISP), offering the latest in web hosting and design. MSTI's NuVisions Broadband services offer cable television, cable modem high-speed Internet, and telephone services to multi-family residences, commercial buildings, and institutional owners. MSTI delivers its services using microwave and fiber optic technology for superior performance, and now offers over 40 channels of high definition television (HDTV). MSTI has recently begun deployment of its new Interactive Wi-Fi, hot-zone system that will offer wireless Internet service in large geographic areas of New York City, and is introducing the newest Powerline Carrier (PLC) technology to high-speed Internet users in apartment buildings, hotels, and business environments. For more information, visit our websites at www.mst-online.com and www.nuvisionsbroadband.com.
Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).
CONTACT: Rubenstein Public Relations Adam Mazur, 212-843-8073 amazur@rubensteinpr.com
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