SOURCE: OptiCon Systems, Inc.

October 06, 2009 08:00 ET

OptiCon (OPCN) Expands Board; Set to Introduce New Management Team for OptiCon & PowerCon Energy Systems

ST. PETERSBURG, FL--(Marketwire - October 6, 2009) - OptiCon Systems, Inc. (OTCBB: OPCN) a global provider of software applications for the Telecommunications industry, announced today that the Board of Directors has appointed Malcolm F. Welch as Chairman. Joining Mr. Welch on the Board is Investment Consultant, Tessa Lander.

Both Mr. Welch and Ms. Lander bring decades of executive leadership, technology marketing and development expertise to OptiCon's Board. Mr. Welch was the former Chief Technology Officer of AETNA, Sr. Director of the American Red Cross, COMDISCO, and CEO of USConnect and Stamford Systems.

Ms. Lander was the former SVP of Strategic Marketing for REUTERS, Vice President with Citicorp, ADP/Bunker Ramo, and managed Peat Marwick's Professional Productivity Practice. Ms. Lander was also an Office Automation industry spokesperson for ten years with XEROX, Palo Alto Research Center, and IBM.

Both executives have been consulting with Mr. Sam Talari, Acting CEO of OptiCon for the past four months, and have energized the growth of the St. Petersburg-based organization. They recently hosted a Strategic Planning Meeting and welcomed the original CORNING CABLE Project Leaders and Founders of OptiCon Systems, Mr. Jeff Hoke and Mr. Jacques Laurin, to lead the discussions. Also invited were advisors and potential management candidates for OptiCon and its subsidiary, POWERCON ENERGY SYSTEMS.

The Company plans on introducing its new management team to our shareholders within the next few days. The new team brings telecommunications, energy industry, and strategic growth leadership credentials to launch the POWERCON initiative and to re-energize OptiCon. Mr. Talari and Ms. Lander visited Washington DC last week and opened discussions with government officials and two prestigious law firms to further their intention to obtain stimulus funding under the NTIA Broadband Initiatives and with the Department of Energy.

Sam Talari, acting CEO of the Company, indicated as follows:

"We have come a long way to reach this point in our corporate history, and are excited to be able to contribute the CORNING scientific fundamentals that are the basis of OptiCon, to the development of a new Infrastructure System that will contribute to our nation's goals regarding CyberSecurity for SmartGrids. Our new Management Team will be lead by outstanding Executives, and we are committed to the new Energy Initiatives development of SmartGrid and Smart Meters, by our PowerCon subsidiary.

About OptiCon

OptiCon Systems, Inc. provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies. For more information, please visit www.opticonsystemsinc.com.

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

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