Lite Access Technologies Inc.
CNSX : LTE
PINKSHEETS : LTCCF

Lite Access Technologies Inc.

October 19, 2015 08:30 ET

Lite Access Technologies Completes 97-Home Trial FTTH Project for TELUS

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 19, 2015) - LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE:LTE)(OTC PINK:LTCCF) is pleased to announce that it has successfully completed a trial Fiber-to-the-Home (FTTH) deployment for TELUS Corporation (TSX:T)(NYSE:TU) for 97 units in Powell River, British Columbia. The Company's wholly owned subsidiary, DSG Communications, utilized its best-in-class air-blown fibre, microduct and micro-trenching solutions to ensure seamless connectivity from the backbone direct to customer premises with minimum disruption to the surroundings and residents of Powell River during the project.

TELUS requested the trial of Lite Access' fibre deployment solutions in an effort to better address the rapidly growing high-speed connectivity demand, which requires fast, minimally disruptive, and cost-effective deployment strategies which are suitable for any FTTH project.

Michael Plotnikoff, CTO of Lite Access, stated, "This Powell River trial was very important to Lite Access as it provided a proving ground for TELUS to carefully evaluate whether our technology could meet their stringent requirements and therefore potentially factor into their future fibre deployment strategy. The "Fibre-to-the-Premise" sector is growing exponentially, we are exceptionally pleased that the success of this trial will enable Lite Access to offer faster and more cost effective fiber deployment solutions to Canadian Telcos."

About Lite Access

Lite Access is a world leader in microduct and fibre optic technologies. 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, and Asia.

About TELUS

TELUS is Canada's fastest-growing national telecommunications company, with $12.3 billion of annual revenue and 13.9 million customer connections, including 8.4 million wireless subscribers, 3.1 million wireline network access lines, 1.5 million Internet subscribers and 954,000 TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada's largest healthcare IT provider.

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 form 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.

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