SOURCE: O2 Secure Wireless, Inc.

February 24, 2011 15:20 ET

O2 Secure Wireless, Inc. Completes 2010 Financials

ST. AUGUSTINE, FL--(Marketwire - February 24, 2011) - O2 Secure Wireless, Inc. (PINKSHEETS: OTOW) announces that the financials have been finalized and submitted to Pink Sheets. The status is expected to reflect the update imminently.

"We are pleased that the year-end financials have been completed. We recognize the importance of transparency, and want to assure our shareholders that bringing the company to a current reporting status is of upmost importance. Upon Review, we anticipate the Company's tier on PinkSheets.com will be elevated accordingly," stated Val Kazia, President, Earthcom Service Inc.

The Company recently announced that the Company's wholly owned subsidiary, Earthcom Service Inc., has had the licenses evaluated by an independent third party, the accumulated value of the Company's licensing in the Dominican Republic, has been assessed at $36,262,210.77.

About O2 Secure Wireless: O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically and has recently received additional FCC approvals for cable services in certain areas. Under a merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

Contact Information

  • For more information visit our website at http://o2securewireless.com or contact

    Investor Relations:
    Gibraltan Financial
    (407)830-9777