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Wednesday, 02/23/2011 2:11:30 AM

Wednesday, February 23, 2011 2:11:30 AM

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OTOW - O2 Secure Wireless, Inc. Announces the Valuation of Licenses in the Dominican Republic

ST. AUGUSTINE, FL--(Marketwire - February 22, 2011) - O2 Secure Wireless, Inc. (PINKSHEETS: OTOW) announces that the Company's wholly owned subsidiary, Earthcom Service Inc., has evaluated the accumulated value of the Company's licensing in the Dominican Republic. Valuation of the licenses in the Dominican Republic, at the culmination, has been assessed at $36,262,210.77.

These reported license valuations are based on the number of territorial licenses secured, where the Company is slated to have towers installed, providing the opportunity to deliver a spectrum of services including GSM Cellular and Cable Services to the underdeveloped Country.

Earthcom Service Inc. has executed an aggressive territory development strategy which has been completed in the acquiring of choice property representing the highest possible range of frequency, and concluded with the securing of premium retail space for the rapid development of clientele, and advancement of solid brand recognition.

"We are very pleased to have received this assessed valuation on our acquired licensing in the Dominican Republic. This significantly enhances the documented value of Earthcom Service Inc.," 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.

Link: http://www.marketwire.com/press-release/O2-Secure-Wireless-Inc-Announces-the-Valuation-of-Licenses-in-the-Dominican-Republic-1399694.htm


Opinion:
Today's news VERIFIES the solid financial foundation OTOW is built on. To have the value of this license valued at $36+ million by an outside source is truly amazing.

I was trying to explain how important this is to a friend of mine – I used the analogy of someone finding a large gold nugget. We all know gold is valuable (just as the license is). When you take the gold to a goldsmith or jeweler they will tell you what it’s worth – that’s exactly what has happened today. The big difference between the gold nugget & this license is the nugget does not have the same potential to increase in value and continually grow and make us money as our investments with OTOW can – especially so quickly!

We have to remember – this license gives the "green light" to harvest the (potentially) millions of dollars available in the Dominican Republic.

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