SOURCE: OneFi Technology, Inc.

June 22, 2009 06:00 ET

OneFi Announces Plans to Start Deployment of Their Wireless Internet Technology in the Island of Jamaica

LOS ANGELES, CA--(Marketwire - June 22, 2009) - OneFi Technology, Inc. (PINKSHEETS: ONFI) announced today that the recent trip to the island nation of Jamaica was a complete success. OneFi obtained a license to deploy its systems in late 2008; this trip was the final step to move forward with the start of deployment on the island. The island represents a possibility of OneFi providing service to a significant number of underserved customers. Mr. Alvin (Vinnie) Pearson says, "I am a native of Jamaica and the technology which OneFi offers is fabulous. It will help to expand communications between my native country and The United States. I am thrilled to be a part of this project."

About OneFi Technology, Inc.

OneFi Technology, Inc. is a WiMax company developing broadband networks that are capable of 4G (4th generation) compatibility. OneFi Technology's focus is on rural communities and developing countries. WiMax is a wireless technology for the delivery of broadband internet.

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This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.

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    Tom White
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