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Press Release Source: Network Installation Corp.


Network Installation CEO Retires 2 Million Shares
Friday April 23, 4:05 pm ET


IRVINE, Calif., April 23 /PRNewswire-FirstCall/ -- Network Installation Corp. (OTC Bulletin Board: NWIS - News) announced today that its CEO Michael Cummings has retired 2 million personal shares of the Company's common stock into treasury. The total outstanding shares will be reduced to approximately 10.8 million.
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Michael Cummings stated, "Over the past six months, Network Installation has grown from one location to four, completed an acquisition and increased our management team and sales force. Our plan is continue our expansion by opening several additional key locations in primary markets and effect another acquisition this year. In order to minimize dilution which typically accompanies growth, I decided to take this step now which I believe will maximize value, both short term and long term, for our shareholders." He added, "We look forward to continue building on the recent progress we have made."

About Network Installation Corp.

Network Installation Corp. provides communications solutions to the Fortune 1000, Government Agencies, Municipalities, K-12 and Universities and Multiple Property Owners. These solutions include the design, installation and deployment of the infrastructure for the transmission of data, voice and video through traditional networks as well as wireless networks and Wi-Fi. Through its wholly-owned subsidiary Del Mar Systems International, Inc., the Company also provides integrated telecom solutions including Voice over Internet Protocol (VoIP) applications. To find out more about Network Installation Corp. (OTC Bulletin Board: NWIS - News), visit our website at www.networkinstallationcorp.net . The Company's public financial information and filings can be viewed at www.sec.gov.

Forward Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.




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Source: Network Installation Corp.