Wi-Fi Technology Forum | Wireless Networking, Mobile Internet News and Reviews home networking made easy, greater protection, less stress

Wi-Fi Technology Forum | Wireless Networking, Mobile Internet News and Reviews

Blogs
Reviews
Papers
Forums
Software
Publications
Product Reviews

Flexxtech Corporation Close to Merge With Network Installation Corporation

DANBURY, Conn., May 23 /PRNewswire-FirstCall/ -- Flexxtech Corporation (BULLETIN BOARD: FLXE) announced today that it has closed on its merger with Irvine, CA-based Network Installation Corp.


"With many of the major issues involving the corporate restructuring behind us, we are both anxious and thrilled to embark on a new path and believe that this merger with Network Installation will bring tremendous value to our shareholders and investors", stated Flexxtech Chairman Michael Novielli.



"I am excited about the new direction and promising future ahead for Flexxtech", added incoming Flexxtech CEO Michael Cummings. "Our two-pronged approach will be to continue focusing on Network's core competency of project management in networking infrastructure design, installation, and support. We also are currently leveraging our industry proficiency in our pursuit of an enormous opportunity within the burgeoning Wi-Fi arena."


In conjunction with the merger, Mr. Cummings has also been named to the Board of Directors. Mr. Novielli has resigned as Flexxtech CEO but will remain in his capacity as Chairman.


About Network Installation Corporation


Network Installation Corp., is one of Southern California's leading independent designers and installers of data, voice, and video networks. Some of Network's clients include; IBM, Cisco Systems, The Travelers, UPS, University of Southern California, UCLA, The Counties of Los Angeles and Orange, among other Fortune 1000 companies and highly regarded institutions. Additional information on Network Installation can be viewed at www.networkinstallationcorp.com. Flexxtech's public filings can be viewed at www.sec.gov.


This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many of which are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers, and effectively compete against similar companies.


Source: Flexxtech Corporation

CONTACT: Michael Novielli, Chairman of Flexxtech Corporation,
+1-203-791-3838


Web sites: http://www.dutchessadvisors.com/
http://www.networkinstallationcorp.com/


For sending or posting any Wireless, Wi-Fi, Mobile or Telecommunications news and press releases, please use our Contact and Feedback form.
Members can post their press releases for review directly using the Submit Wireless News page


Disclaimer: Any "Safe Harbor" Statement/s, which might have been included with any press releases, should be read on the press release or article originator's web site. The Wi-Fi Technology Forum should not be held responsible or liable for any wrong statements, inaccuracy or any misleading information.