Lite Access Technologies Inc.
CSE : LTE
OTC PINK : LTCCF

Lite Access Technologies Inc.

September 13, 2016 08:41 ET

Lite Access Technologies Receives First Order for Over CDN $585,000 From Partner Alpha Technologies for Fibre Optic Network Build in Charleston, West Virginia

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2016) - LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE:LTE)(OTC PINK:LTCCF), a total integrated fibre optic solutions provider, is pleased to report that certified sales and installation partner Alpha Technologies ("Alpha") recently announced plans to build a 30+ mile fibre optic ring connecting its 80,000 square foot data center in South Charleston, West Virginia to the business and medical districts of Charleston and South Charleston, West Virginia. The new order, valued at over CDN $585,000, is for the supply of Lite Access' proprietary microduct and fibre optic components, as well as providing technical assistance. The project will consist of a 30+ mile fibre optic network to connect over 100 buildings and is partially funded by a loan from the West Virginia Development Authority. This project is expected to be completed in early 2017.

In late August, Alpha formed a strategic partnership with Lite Access to use the Company's fibre deployment solutions, including micro-trenching, air-blown fibre and reinstatement methodologies to provide the quickest, most future proof and cost effective connectivity solution available. Alpha's project is unique to West Virginia as it is being built completely underground using micro-trenching as the deployment methodology. Laying traditional fibre cables and large ducts under a city street through traditional means is costly and time consuming and requires trenches that may be several feet wide and often deep, creating traffic detours for days, if not weeks, at a time. Lite Access' perfected micro-trench process however enables fibre networks to be completed in the least intrusive and non disruptive method possible. Installing microduct(s) in narrow trenches made within sidewalks and roadways, crews are capable of deploying 1,500 - 2,000 feet of network per day.

"Alpha Technologies' proposed fiber optic deployment will enable us to provide Gig services to the businesses in Charleston and South Charleston, West Virginia," stated Charlie Dennie, Director of Special Projects at Alpha. "Lite Access Technologies supplies us with a complete fibre optic deployment 'solution' while every other vendor we talked to was trying to sell us parts."

Michael Priest, Chief Commercial Officer of Lite Access, said, "We're extremely happy to add Alpha to our list of international certified micro-trench installers. It's another win-win situation for both parties. Alpha will be trained on our deployment methods, including microduct technologies, air-blown fibre and restoration methods. The end result will be a seamless fibre optic network for the citizens of Charleston enabling Tele-Health, schools, government and businesses with Gig speed fibre optic connectivity," added Mr. Priest.

In today's digital world, businesses as well as local and state governments are being forced to respond to the need for high speed connectivity. Fibre optic networks are essential to economic growth and Alpha Technologies is committed to ensuring West Virginia can compete on a national level by installing a new fiber optic network throughout the Charleston and South Charleston areas.

About Alpha Technologies

Alpha Technologies is an IT company located in Hurricane, West Virginia. Guided by integrity, Alpha's team of experts crafts reliable and secure IT solutions with the same goal every time: to provide invaluable results and forge long-term relationships with our clients. Our comprehensive technology offerings allow clients to focus on growing their business while we manage everything from their telephone systems, network design, IT security, and back-up solutions.

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.

Contact Information

  • Lite Access Technologies Inc.
    1-604-247-4704
    1115 - 1215, 6900 Graybar Rd.
    Richmond, BC V6W 0A5
    www.liteaccess.com

    For investor relations please contact:
    Rob Gamley, 1-604-689-7422
    rob@contactfinancial.com
    Contact Financial Corp.
    1450 - 701 West Georgia St.
    Vancouver, BC V7Y 1G5