Competitive Companies Inc. (fka CCOP)

[LGL8054]

Mr. Z
GOOD FIND. This could be CCOP if they ever get their act together.
Did you see this...............
**************

Through the WiNet innovative revenue-sharing agreement with ERF, financial institutions can significantly benefit from the development of a recurring fee-based revenue stream for many years to come by converting their private BranchNet system into a public network," said Steven Omelan, a consultant with over 40 years of combined experience in the banking and telecommunications industries. "With the ability to switch the investment in a communications system into a revenue-producing asset, this development can fundamentally change the way financial institutions look at their communications systems expense in the future."

Currently, financial institutions classify the cost of their communications systems as a simple expense item on their financial statements. But by purchasing a BranchNet/US-BankNet encrypted communications system from ERF Wireless and entering into a WiNet System Agreement to sell high-speed Internet access across the network, banks and credit unions can now classify the cost as an investment in a revenue-producing asset that generates new fee-based income. "With this announcement, we have dramatically enhanced the value proposition for the purchase of a high-speed, high bandwidth encrypted wireless network system from the company," said Burns.

In addition to the sale of high-speed Internet access, a WiNet System Agreement also enables the sale of the company's other advanced digital applications to banking customers, municipalities, hospitals and large enterprise customers. These applications include the company's VoIPNet (Voice-over-IP), VideoNet (high-definition video conferencing), SatNet (satellite failover), StorageNet (offsite data storage and backup across the high-speed data network), SecureNet (remote monitored video surveillance) and ImageNet (merchant check image capture).