Another step in the right direction!
NEW YORK, Apr 08, 2011 (BUSINESS WIRE) -- Monogram Energy, Inc.'s (Pink Sheets:
MGRN) aka Marquis Tech Holdings, Inc.'s Astrolobe Technology has entered into
discussions with hardware providers for its latest wireless project in Guyana.
The Company is not wasting any time in getting this project underway, it has
several meetings scheduled over the next 2-3 weeks where it plans to find the
right match for its unique needs. Terrain and weather conditions have a serious
impact on electronic infrastructures, so it is important the Company has right
match.
This is the first of a series of steps the Company will be taking this quarter
to build out the infrastructure which it says "will transform the city and
compliment the One Laptop Per Family (OLPF) programme recently launched in
Guyana."
The OLPF programme aims to commit families to benefit from the development
offered through the use of information communication technology (ICT) in terms
of enhancing skills and gaining access to digital information that would aid in
their development.
"The timing is actually perfect for this project. The majority of our target
city has been priced out of internet services for quite some time now. We are
going to be offering a product which is roughly half the price of what is
currently being offered in the area. Combine that, with the initiatives which
the Country is currently undertaking to ensure that ordinary Guyanese could have
access to information, and you will see the potential of this project." says
Marquis Tech Holdings CEO, Saratu Phillips.
In addition to getting the discussions underway for the system build out, the
Company has retained a top consultant to spearhead the project. The consultant
previously worked on the major wireless network currently servicing the
Country's largest city, Georgetown. The CEO further stated "It just makes sense
at this point. As we expand business divisions, it is important to ensure each
project is getting the attention it needs to become a success. He has in-depth
experience working on the largest wireless network in the Country, and so far
has exceeded my expectations. We are happy to have him aboard."
Marquis Tech Holdings, Inc. is currently in the process of building a successful
portfolio of revenue generating technology and real estate assets. In our role
as managers, operators, and marketers of technologies we believe that leveraging
our industry experience and capitalizing on our strategic relationships are the
best ways to achieve profitable results. Marquis' company philosophy is to
acquire domestic and international companies which possess an inherent
competitive edge whether it's derived through written law, intellectual
property, or government contracts and inject the capital necessary to maximize
earnings while pooling resources and managing the logistics to ensure all
acquisitions operate in efficient harmony.
OTC Markets Inc is a privately owned company based in New York that provides a
suite of products and services for the U.S. OTC securities market. The company
operates electronic quotations, trading, messaging, and information platforms.
Safe Harbor: This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Statements
contained in this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that forward-looking
statements are inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
SOURCE: Monogram Energy, Inc.
CONTACT:
Monogram Energy, Inc.
Saratu Phillips
(646) 726-9850
InvestorRelations@monogramenergyinc.com
Copyright Business Wire 2011
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KEYWORD: United States
Guyana
North America
South America
New York
Washington
INDUSTRY KEYWORD: Technology
Data Management
Electronic Design Automation
Hardware
Internet
Networks
Telecommunications
Mobile/Wireless
SUBJECT CODE: Product/Service
AI
