Press Release
Source: NexHorizon Communications, Inc.
On Thursday July 23, 2009, 9:30 am EDT
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Companies:Nexhorizon communications, inc.
WESTMINSTER, Colo., July 23, 2009 (GLOBE NEWSWIRE) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ - News; www.nexhorizon.us) today revealed it has made significant changes in its management structure to manage the company's speedy expansion and future acquisitions. Calvin D. Smiley, Sr., NexHorizon Communications CEO, said, "I am realigning our executive staff and giving them more responsibilities as we continue to add customers, examine acquisition opportunities, and increase our technical installations. Daniel M. Smith has been promoted to Chief Operating Officer. Mr. Smith was the company's chief financial officer. The company's controller, Ronald VanDzura, will expand his role in the finance area, and current Director of Technical Operations, Jeff Vaglio, has been promoted to Vice President, reporting to Mr. Smith."
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Symbol Price Change
NXHZ.PK 0.05 0.00
{"s" : "nxhz.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} NexHorizon owns and operates cable systems providing modern "Triple-Play" technology to selected areas traditionally overlooked by giant companies, filling a necessary need to thousands of subscribers in the countryside of America. NexHorizon broadened its relationship recently with Players Network, Inc. (OTCBB:PNTV - News; www.playersnetwork.com) by entering a multi-year affiliation agreement to distribute its content on current and future cable television systems.
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (Pink Sheets:NXHZ - News) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008 NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC').In October 2008, NexHorizon Communications executed a definitive agreement to acquire certain assets and subscribers from Story Communications, passing more than 10,000 homes in the rural communities of Oklahoma. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
SAFE HARBOR STATEMENT
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Contact:
NexHorizon Communications, Inc.Calvin D. Smiley, Sr.303-404-9700
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