02 Secure Wireless, Inc. (OTOW)

[olandug]

O2 Secure Wireless, Inc. Enters Into Lease Agreement to Penetrate Highly Desired Territory in St. Augustine, Florida

ST. AUGUSTINE, FL, Oct 21, 2010 (MARKETWIRE via COMTEX) -- O2 Secure Wireless, Inc. (pinksheets:OTOW) announces that the Company has entered into a Lease Agreement on carrier desired land near St. Augustine, Florida, where it intends to build its second tower in this territory.

O2 Secure Wireless has recently taken the reigns on Earthcom Wireless Inc.'s domestic operations. This lease is a very good representation of the nature of the domestic properties that O2 Wireless is looking to secure. The value of this lease, as a carrier desirable property, will increase as leases are finalized with carriers, with its value growing to $1.2 million, with two carriers, once the tower has been established and the location becomes fully operational.

"We are very pleased that the O2 Secure Wireless' domestic property acquisition strategy has been initiated. The property that we have secured is in a great carrier desired location to begin serving this territory; the zoning process will start soon, and once completed, this property will provide the Company with a range of revenue generating options. We will keep our shareholder base informed as we continue to establish each domestic location," stated Val Kazia, President, Earthcom Service Inc.

About O2 Secure Wireless: O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

http://earthcomservice.comInvestor Relations:
Gibraltan Financial
[phone]


SOURCE: O2 Secure Wireless, Inc.

http://earthcomservice.com


LINK:
http://www.marketwatch.com/story/o2-secure-wireless-inc-enters-into-lease-agreement-to-penetrate-highly-desired-territory-in-st-augustine-florida-2010-10-21


I have posted the above as reminder of OTOW expanding domestic operations that will be increasingly lucrative throughout 2011.