SOURCE: NW Tech Capital, Inc.

July 11, 2008 09:45 ET

NW Tech Capital, Inc. Announces Its Subsidiary Teledigit Inc. has Installed 3 New Vertical Wave IP 2500 Digital & VoIP Phone Systems, Worth Approximately $100,000 in New Revenue

VANCOUVER, WA and PORTLAND, OR--(Marketwire - July 11, 2008) - NW Tech Capital, Inc. (OTCBB: NWTT) announced today that its subsidiary Teledigit, Inc. successfully installed 3 different jobs for customers using Vertical Communications WAVE IP 2500 VoIP PBX systems which deliver new generation enterprise-level communications capabilities at a small business price.

The first installation consisted of installing the WAVE IP 2500 system with about 10 local SIP phones and 4 Remote office SIP phones. Teledigit, Inc. also configured a secure VPN connection between the Portland office and mobile financial banking services location. A connection was also made between the Portland office and its office in India which also had 4 SIP phones installed. The project generated approximately $17,000 in revenue.

The second WAVE IP 2500 installation was for a major dental fixture laboratory based also in Portland, OR. Over 30 digital stations were installed in their offices and laboratory. Teledigit, Inc., as part of the installation, will provide managed services to the company to maintain their systems over the next year. This project has generated approximately $35,000 in revenue.

The third WAVE IP 2500 installation featured the Professional Edition Version 2 system which is a complete digital system for a lead generation, management solution provider, and call center based in Beaverton, Oregon. This installation is a 96 port digital station installation for the administration services and the lead generation call center. Also, as part of the system requirements, Vertical Communications is working directly with the customer in developing additional software API solutions with the Vertical Applications Inside™ architecture, to integrate with the customers' custom developed software and call routing procedures. Teledigit, Inc. generated approximately $45,000 in revenue from this project.

Teledigit, Inc. is a premier Vertical Communications, Inc. certified VAR, and continues to offer Vertical Communications, Inc. products, and looks forward to the coming year in which Vertical Communications is expanding their WAVE IP product line.

James Wheeler, CEO of NW Tech Capital, Inc., states: "We are excited about the new systems that Teledigit is now offering and are extremely pleased that customers are responding to these new systems with great interest."

About Teledigit, Inc.

Teledigit, Inc. is a locally owned and operated telecommunications company in the Pacific Northwest. Established in 1995, Teledigit Inc. bases its operations out of Portland, Oregon, serving customers throughout the West coast, with a national contract to service all voice systems for a National chain of dentist offices. Teledigit, Inc. provides installation and service for your business voice needs, wireless networks and data services including key systems, PBXs, voicemail, and cabling.

About NW TECH CAPITAL, INC.

NW Tech Capital is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. NW Tech trades on the OTC Bulletin Board under the ticker symbol "NWTT." For more information on NW Tech Capital or Teledigit contact investor@nwtechcapital.com or visit web site at www.teledigitinc.com.

Certain Information

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of NWTT officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.

Contact Information

  • Contact Information:

    James Wheeler
    Chairman & CEO
    NW Tech Capital, Inc.
    Vancouver, WA
    E-mail: Email Contact