SOURCE: NW Tech Capital, Inc.

March 04, 2008 09:15 ET

NW Tech Capital, Inc. (Formerly: Cybertel Capital Corp) Announces EF&I Consolidation Plans

VANCOUVER, WA--(Marketwire - March 4, 2008) - NW Tech Capital Inc. (OTCBB: NWTT) announced today the launch of its new website www.nwtechcapital.com. The website is designed to provide new and existing customers with greater information about NW Tech Capital and its mission statement to become the leader in the consolidation of telecom engineering, materials furnishing and installation (EF&I) service providers in the Pacific Northwest and nationally.

NW Tech Capital provides network engineering, materials furnishing, installation and support services, which is often referred to as "EF&I" to a diverse client base. The EF&I sector remains a solid growth component of the overall telecom industry over the next 5 years.

In fact, industry analysts have reported that the US already spent $56 billion in 2007 with an additional $393 billion in spending through 2012 in the EF&I telecom sector (both wire-line and wireless). Some of the factors driving the market boom in EF&I are the conversion of wireless systems from analog to digital (3G and beyond) plus the demand for increased wire-line capacity due to increased consumer broadband usage.

NW Tech Capital entered the EF&I sector with its recent acquisition agreement of Teledigit Inc., which has provided telecom, wireless and data solutions since 1995. Teledigit is the first of what NW Tech Capital's management believes to be a series of strategic mergers and acquisitions in the EF&I telecom sector. States James Wheeler CEO of NW Tech Capital, "We are glad to be in such an expanding marketplace and are looking forward to increasing our position in the EF&I sector and getting as much of the $393 billion as possible projected to be gained by the year 2012. We also see China as a big player in this field and are continuing our search for qualified acquisitions there as well as the United States."

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