SOURCE: OptiCon Systems, Inc.

January 14, 2008 06:31 ET

OptiCon (OSYS) Commences Trading on OTCBB

Founder of Company Re-Joins Management Team

GRAPEVINE, TX--(Marketwire - January 14, 2008) - OptiCon Systems, Inc. (OTCBB: OSYS) announced that it has met all SEC and FINRA requirements, and its shares have begun trading on the OTCBB market as of Monday, January 14, 2008.

"We're pleased that the company has passed the final hurdles of approval and is now actively trading on the OTCBB under the symbol OSYS. The company has been steadily ramping up operations and the R-3 version of our software is now fully operational and our support staff is now in place," stated Mr. Sadruddin Currimbhoy, CEO of Opticon. "As we move forward, telecommunications companies will see the value and savings by utilizing this incredible technology."

In other news, the company has also announced Mr. Jeffrey Hoke has re-joined the management team and will be President of the company. Mr. Hoke was instrumental in the initial development of the software when he was with Corning Cable. While at Corning, Mr. Hoke's fiber optic division was responsible for generating over $400 million in revenues. Mr. Hoke is currently in the process of closing several new contracts and his experience and insight with managing fiber optic networks and marketing the software will insure OptiCon continues to grow and prosper.

About OptiCon Systems

OptiCon Systems, Inc. offers a premier network management solution for the physical and logical layer management and fault detection for fiber optic via software, services, and integrated systems. OptiCon's state-of-the-art solutions were initially developed and deployed by Corning Cable. OptiCon acquired the OptiCon Network Manager software from Corning Cable Systems in mid 2005. Corning Cable licensed the software to 10 of the 25 largest cable television operators in the U.S. at that time, among others. Corning Cable's licensees included Fortune 500 companies, such as Time Warner Telecom, AOL/Time Warner, Comcast, Charter, AT&T Broadband and other major operators like Group Telecom (Canada), Regional Cable (Canada), RCN, and GCI.

For more information, please visit www.opticonsystemsinc.com

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

Contact Information