SOURCE: FTE Networks, Inc.

FTE Networks, Inc.

July 13, 2016 08:00 ET

FTE Networks Forms a Strategic Alliance With OPTACorp

Plans to Hire Veterans Across the Organization

NAPLES, FL--(Marketwired - July 13, 2016) - FTE Networks, Inc. (OTCQX: FTNW) ("FTE" or the "Company"), a leading network infrastructure solutions provider in the technology and telecommunications vertical, today announced that it has formed a strategic alliance with OPTACorp, an advisory and consulting firm specializing in the placement of elite Special Operation Forces and highly skilled veterans, to support the Company's rapid growth. FTE plans to hire veterans in various positions across the organization including engineering, deployment and project management.

Michael Palleschi, Chairman and Chief Executive Officer of FTE Networks, stated, "We are very excited to partner with OPTACorp. As we continue to grow and build out our business, we need the right type of people with the right skill set. Many of our veterans have direct and relevant experience in technology and telecommunications with superior execution capabilities. We strongly believe in supporting veterans and this partnership enables us to continue to service our clients as well as giving back to the community."

Marc Cuffaro, Founder and Chief Executive Officer of OPTACorp, commented, "FTE Networks is an ideal partner for OPTACorp. The executive management team truly understands the value our highly skilled Special Operations veterans bring to a growing company in a highly competitive field. Our candidates are disciplined leaders with a strong work ethic, unwavering integrity, and innovative problem-solving skills. The company culture and continued growth of FTE Networks provides our candidates with lasting career opportunities in which they can utilize the skills learned and honed throughout their military service."

About OPTACorp

OPTACorp is a unique advisory and consulting firm specializing in the placement of elite Special Operation Forces and highly skilled veterans with the right experience to help our clients anywhere in the world. Our high-touch approach ensures an efficient, effective, and maximized career transition for our nation's service members and veterans while helping our clients achieve both strategic and tactical goals through the buildout of a top performing team. For more info please visit: www.optacorp.com/

About FTE Networks, Inc.

FTE Networks, Inc., and its wholly owned subsidiaries, is a leading international networking infrastructure solutions company. We design, build, and support telecommunications and technology systems and infrastructure services for Fortune 500 companies operating four (4) industry segments; Data Center Infrastructure, Fiber Optics, Wireless Integration, and Surveillance & Security. FTE Networks is headquartered in Naples, Florida, with offices throughout the United States and Europe. For more information please visit: www.ftenet.com

Forward Looking Statements

This release may contain forward-looking statements relating to the business of FTE. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated, believed, estimated or expected. These risks and uncertainties are described in detail in our filings with the Securities and Exchange Commission. Forward-looking statements are based on FTE's current expectations and beliefs concerning future developments and their potential effects on FTE. There is no assurance that future developments affecting FTE will be those anticipated by FTE. FTE undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

Contact Information

  • Contacts:
    FTE Networks, Inc.
    Kirstin Gooldy
    Chief Compliance Officer/Investor Relations
    999 Vanderbilt Beach Rd., Suite 601
    Naples, FL 23108
    (877) 850-4308
    ir@ftenet.com