MST-NuVisions(TM) Secures Proof of Concept Contract Win With New York City Housing Authority
Tuesday September 23, 8:00 am ET
Todt Hill Houses Residents to Benefit from Access to Low Cost Triple-Play Services Including High-Speed Internet Access, State-of-the-Art Satellite Television, and Digital Voice Services
HAWTHORNE, N.J., Sept. 23 /PRNewswire-FirstCall/ -- MSTI Holdings, Inc. (OTC Bulletin Board: MSHI - News), a carrier class communications technology company providing quadruple-play services, announced today that its wholly-owned subsidiary, Microwave Satellite Technologies, Inc. (MST), has entered into an agreement with the New York City Housing Authority (NYCHA) to supply low cost High-Speed Internet Access (HSIA) to residents at Todt Hill Houses as part of a suite of triple-play services. The contract involves equipping NYCHA's Todt Hill Houses, comprising of seven buildings and a total of 502 apartments, with HSIA, digital voice and digital satellite television, utilizing the building's existing advanced telecommunications infrastructure. MST was selected for the Todt Hill Houses project after a competitive bid, with key factors being the breadth of its service offering and quality approach.
Central to the Todt Hill Houses installation is the provision of truly affordable Internet, widening the potential audience with lower price points and three Internet speed options. MST will also provide an alternative option for residents with its core Dish Network satellite television programming and digital telephone services, with the installation scheduled for completion during September 2008.
NYCHA is committed to eroding the digital divide, as Chief Information Officer Avi Duvdevani explains, "We have invested in rewiring Todt Hill Houses to ensure that we have the most up-to-date and flexible infrastructure in place. We are committed to providing our residents with access to the latest and best services, closing the gap on the digital divide by helping everyone afford HSIA."
Frank Matarazzo, CEO and founder of MST (NuVisions(TM)), added, "This is an important contract win for the company, demonstrating our ability to deliver high quality services matched to a wide cross-section of facilities and buildings. We are delighted to be working with NYCHA in this proof of concept project."
About the New York City Housing Authority
The New York City Housing Authority (NYCHA) provides decent and affordable housing in a safe and secure living environment for low- and moderate-income residents throughout the five boroughs of New York City. NYCHA has (343) Developments, with (2,636) buildings & (178,808) apartments.
