Replies to post #1399 on Loss to Profit, let's make your lost money back !

[IPRE-Paramount]

ERFW+20%:don't want let it go:i'm IN now @.74.
a bit late but my assets are even now due to early losses at begin of month then made it back from WNSH.

In meantime ERFW has gained +70% :( .

ok i jump in because i see it +$1. nothing wrong to be late in as long as i see target higher .

[IPRE-Paramount]

ERFW Anticipates Over $130 Million from WISP Services in Louisiana
BusinessWire - July 17, 2007 10:53 AM ET

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ERF Wireless (OTCBB:ERFW), a leading provider of enterprise-class wireless and broadband products and services, announced today that its ERF Enterprise Network Services subsidiary has successfully completed a three-year testing and certification process for delivery of Wireless Internet Service Products (WISP) securely across a financial institution's BranchNet system and the company's US-BankNet infrastructure. These advanced digital wireless products and services will be delivered under the brand name "WiNet(TM), by ERF Wireless". The company has also launched a sales initiative to offer financial institutions the opportunity to enter into a WiNet Systems Agreement and participate in a new revenue-sharing program that provides WiNet products and services to their commercial and residential banking customers. ERF Wireless plans to operate and support its WiNet product offerings through its Wireless Bundled Services subsidiary and estimates its WiNet operations in Louisiana alone will generate more than $130 million in revenues over the next ten years.

"A typical WiNet system deployed across a financial institution's encrypted BranchNet structure is projected to generate about $1 million per year in revenues to ERF Wireless after a two-year ramp-up period," explained John A. Burns, Chairman and CEO of ERF Enterprise Network Services. "And, a WiNet System Agreement has a ten-year primary term with renewals extending it up to 25 years."

Burns went on to note that ERF Wireless shares 10% of the gross subscriber revenues when it provides WiNet products and services utilizing the financial institution's wireless infrastructure. The WiNet service is provided to the financial institution's commercial and residential banking customers who are generally located in underserved areas where broadband services are either non-existent or very expensive to purchase from the traditional telephone company or satellite provider. Looking forward, the company has set a goal of closing at least 20 BranchNet/US-BankNet sales and another 30 standalone US-BankNet sales out of 282 banks and Credit Unions in the state of Louisiana that would, if achieved, generate $120 million in initial and follow-on product sales and recurring service revenues over a ten year period. And with the execution of a WiNet System Agreement with 20 of these contracting financial institutions; the company expects to generate an additional $130 million in revenues from its WiNet operations over the next ten years (projections are based on an average of 400 primarily commercial customers, after a ramp-up period, for an average 12-branch system at about $135/month in subscriber and other service fees times 20 participating financial institutions expected to sign WiNet System Agreements in the state). The resulting grand total over the next ten years for the sale of BranchNet, US-BankNet, WiNet services and a host of other advanced digital applications would, under these assumptions, total $250 million in revenues for the state of Louisiana alone.

"Through the WiNet innovative revenue-sharing agreement with ERF, financial institutions can significantly benefit from the development of a recurring fee-based revenue stream for many years to come by converting their private BranchNet system into a public network," said Steven Omelan, a consultant with over 40 years of combined experience in the banking and telecommunications industries. "With the ability to switch the investment in a communications system into a revenue-producing asset, this development can fundamentally change the way financial institutions look at their communications systems expense in the future."

Currently, financial institutions classify the cost of their communications systems as a simple expense item on their financial statements. But by purchasing a BranchNet/US-BankNet encrypted communications system from ERF Wireless and entering into a WiNet System Agreement to sell high-speed Internet access across the network, banks and credit unions can now classify the cost as an investment in a revenue-producing asset that generates new fee-based income. "With this announcement, we have dramatically enhanced the value proposition for the purchase of a high-speed, high bandwidth encrypted wireless network system from the company," said Burns.

In addition to the sale of high-speed Internet access, a WiNet System Agreement also enables the sale of the company's other advanced digital applications to banking customers, municipalities, hospitals and large enterprise customers. These applications include the company's VoIPNet (Voice-over-IP), VideoNet (high-definition video conferencing), SatNet (satellite failover), StorageNet (offsite data storage and backup across the high-speed data network), SecureNet (remote monitored video surveillance) and ImageNet (merchant check image capture).

Mike Moehle, ERF Enterprise Network Services' EVP of Sales, Marketing and Business Development, further explained, "Our strategic plan begins with a BranchNet communications system sale to a financial institution. Next the institution is offered a series of advanced new digital applications to further improve efficiencies and take advantage of the enormous bandwidth available throughout the communications system. Additionally, the financial institution is invited to join US-BankNet to gain access to the high-speed gateways available there and to avail itself of another set of advanced products and services. Finally, the financial institution is offered the opportunity to sign a WiNet System Agreement that makes the entire investment by the financial institution a revenue-producing asset that generates significant recurring revenues over a ten- to 25-year period."

"It's a total win-win for all parties involved," continued Moehle. "The financial institution can greatly improve its communications system while receiving a return on its investment, our sales team has a captive customer base in which to sell additional products and services, our Wireless Bundled Services subsidiary, that conducts the day-to-day sales and support of the WiNet product line, receives use of a world-class backbone infrastructure without having to invest millions of dollars up front to offer its products and services, and our support team manages the entire process to keep the network well supported, totally secure and up-to-date."

Dr. H. Dean Cubley, CEO of ERF Wireless, concluded, "We're extremely pleased to see the comprehensive five-year strategic vision John Burns presented to the ERF Wireless board of directors achieving such impressive results. Every financial institution we engage has the potential to create four separate and distinct revenue streams for our company with a BranchNet Agreement, a US-BankNet Agreement, a WiNet System Agreement, and the sale of additional advanced digital applications."

About ERF Enterprise Network Services

ERF Enterprise Network Services is an experienced provider of wireless networks throughout rural areas of the U.S. The company and its principals have been in the LAN/WAN, network integration, ISP, Internet banking, encryption technology, and banking software businesses for more than twenty years and have constructed secure, encrypted, wireless broadband networks as well as secure Internet banking solutions and other secure data processing systems for hundreds of banks, primarily in rural communities across America. For more information, please visit http://www.erfwireless.com/enterprise.htm or call 866-352-9533.

About ERF Wireless Bundled Services

ERF Wireless Bundled Services provides a variety of Internet, voice, data, network monitoring and video services across the country, both under the ERF Wireless brand, as well as under the localized branding of other ISP companies that have been acquired. These services are provided to both commercial and retail customers throughout the coverage area where ERF Wireless owns wireless broadband networks, operates wireless broadband networks, or has partnership or revenue-sharing agreements with other wireless broadband network providers. For more information, please visit http://www.erfwireless.com/bundled.htm or call 281-538-2101.

About ERF Wireless

ERF Wireless Inc. is a fully reporting public corporation (OTCBB:ERFW) that specializes in providing secure wireless and broadband product and service solutions to banking and commercial clients on a national and international basis. Its principals have been in the network integration, triple-play FTTH, IPTV content delivery, Internet banking and encryption technology businesses for more than twenty years and have constructed encrypted, wireless broadband networks as well as secure Internet banking solutions for hundreds of banks across America. For more information about ERF Wireless, please visit www.erfwireless.com or call 281-538-2101. (ERFWG)

Forward-looking statements in this release regarding ERF Wireless Inc. and its subsidiaries are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

SOURCE: ERF Wireless Inc.

ERF Wireless Inc.
Clareen O'Quinn, 281-538-2101 ext. 113
[e-mail]
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