ST. AUGUSTINE, Fla., Aug. 24, 2010 (GLOBE NEWSWIRE) -- O2 Secure Wireless Inc. (Pink Sheets:OTOW) is pleased to announce that the Company has appointed Mr. Albert P. Anderson, experienced financial Executive, to serve as the Company's new Chief Financial Officer. Mr. Anderson will be providing strategic financial leadership, counsel, and support to the CEO.
Mr. Anderson will be providing cash flow forecasting and management; budgeting, forecasting and financial projections; SEC reporting; assisting with capital raising; determining the optimal short-range and long-range capital structure for the O2 Secure Wireless and Earthcom Service Inc. He will also develop financial and performance metrics to support monitoring and managing the daily operations of the companies; other financial and corporate activities as required.
Mr. Anderson has extensive experience in mergers and acquisitions, strategic planning, shareholder value creation, business reorganization, banking relationships, debt/equity financing, SEC filings, contract negotiations, cash management, financial and executive coaching, government contracting, forecasting and budgeting. He is skilled at directing cross-functional teams and implementing workflow processes that improve productivity.
Trebla Management Group, LLC is a Notable Business Advisory Services Firm located in Orlando, FL. Trebla provides business management solutions and assists clients to deliver results that create value. These client offerings are specifically tailored to small and medium-sized business owners. He has over twenty five years of diverse business experience with a focus on hi-tech, manufacturing, and construction related companies. He has worked with emerging growth companies, turnarounds, global corporations, and managed multi-location companies.
"Mr. Anderson will be a very valuable asset to O2 Wireless and Earthcom. By placing a Chief Financial Officer with his capability and experience in mergers and acquisitions at the helm, we expect to be able to heighten the Company's growth potential substantially as we expand the Companies," stated Val Kazia, President, Earthcom Service Inc.
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. Under a recent 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: For more information visit our website at http://earthcomservice.com
or contact Investor Relations: Gibraltan Financial, (407) 830-9777