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Lite Access Technologies Inc V.LTE

Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.


TSXV:LTE - Post by User

Post by clear2012on Sep 06, 2016 12:31pm
91 Views
Post# 25210327

Great News Today - $900,000 follow-on order

Great News Today - $900,000 follow-on order
Lite Access Technologies Receives Additional Order for Over $900,000 from Valued Partner Colville Tribes in Washington State, USA

 

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 6, 2016) - LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE:LTE)(OTC PINK:LTCCF), a total integrated fibre optic solutions provider, is pleased to announce that it has received an additional purchase order for over CDN $900,000 from its valued partner The Confederated Tribes of the Colville Reservation ("Colville Tribes"). This order consists of the supply of the Company's proprietary microduct and fiber optic components for a repeat client in Washington State (see press release dated October 13, 2015) and also another proprietary micro-trench fibre build for the Colville Tribes.

Lite Access is working with Colville Tribes and many other communities throughout North America, including Native Americans in the United States and First Nations in Canada, to provide a complete solution for achieving fibre optic connectivity in the most cost effective and future proof fibre optic connectivity solution available. A world leader in microduct and air blown fibre technologies and deployed using specially designed micro-trench and micro-drill methodologies, Lite Access has successfully changed the way fibre optic connectivity is achieved today.

Mike Plotnikoff, CEO of Lite Access stated, "Working with James Hettrick, Chief Information Officer of Colville Confederated Tribes and his team continues to be both a pleasure and very successful partnership." Mr. Plotnikoff added, "Expansion orders are becoming a regular occurrence for Lite Access, which underscores the tremendous value that our partners and customers are realizing from our best-in-class technology and proprietary products as the solution of choice for fibre optic connectivity in their respective communities. 

About The Confederated Tribes of the Colville Reservation

The Confederated Tribes of the Colville Reservation are the descendants of the First Americans who came before us and lived in harmony with their natural surroundings more than 125 years ago. We are a nation of First Americans, proud to be one of 26 American Indian Tribes located within the State of Washington. The Colville Indian Reservation covers 2,100 square miles of tribal government and tribal member owned lands held in federal trust and thousands of non-trust status acres owned by others. Our reservation homelands are diverse with natural resources such as standing timber, varied terrain, streams, rivers and lakes plus native plants, fish and wildlife.

About Lite Access

Lite Access is a world leader in microduct and fibre optic technologies. Using its specially designed and innovative micro-trench and micro-drill methods of deployment, Lite Access' proprietary microduct technology extends a network provider's ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, Australia and Asia.

Lite Access' products have been deployed in many high profile communication networks including the Whistler 2010 Winter Olympic facilities, builds within the State of New York including Central Park, the Bering Sea for the TV show "the Deadliest catch", fibre to the home at Stanford University and numerous other locations around the globe that have adopted Lite Access as the "solution of choice" for future proof fibre optic connectivity.

Forward Looking Information

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties described in the Company's Listing Statement dated May 26, 2015 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.

For further information please contact:
Lite Access Technologies Inc.
1-604-247-4704
www.liteaccess.com

For investor relations please contact:
Rob Gamley
1-604-689-7422
rob@contactfinancial.com
Contact Financial Corp.


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