LITE ACCESS TECHNOLOGIES ANNOUNCES NEW PARTNER IN SOUTH AFRICA

LITE ACCESS TECHNOLOGIES ANNOUNCES NEW PARTNER IN SOUTH AFRICA

 

March 9, 2016 – Vancouver, British Columbia.  LITE ACCESS TECHNOLOGIES INC. (the “Company”) (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce a new partnership with its first certified South African installation and sales partner, headquartered in the City of Johannesburg, South Africa, to cover the South African telecommunications market for the sale and installation of Lite Access microduct solutions.

 

Nulani (Pty) Ltd. is a turnkey solutions company that specializes in fibre optic networks solutions including planning, civil works, project management and fibre works.  The Directors of Nulani (Pty) Ltd. were involved in the establishing of mechanical inroad trenching (micro-trenching) as a new technology in South Africa and are widely regarded as the Nation’s authority on micro-trenching.

 

Their achievements include various multi-million rand deployments for Telkom SA and Alcatel-Lucent, including rolling out GSM, 2G and 3G networks in rural and extreme rural areas.

 

Michael Priest, CEO of Lite Access states, “South Africa is a huge potential market for Lite Access and we are very pleased to be partnering with the professionals at Lite Access South Africa to bring a new level of connectivity and service to the South African market.”

 

Archie Cassim, Head of Infrastructure Services states, “Lite access has provided us with a proprietary microduct, preloaded with fibre and connectors, that will greatly reduce the time and cost to connect new customers to our client’s fibre optic backbone. Their innovative deployment tools and products, combined with our experience and resources, make for a natural partnership.”

About Lite Access

Lite Access is a world leader in microduct and fibre optic technologies. Using its specially designed and innovative micro-trench and micro-drill methods of deployment, Lite Access’ proprietary microduct technology extends a network provider’s ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, Australia and Asia.

Lite Access’ products have been deployed in many high profile communication networks including the Whistler 2010 Winter Olympic facilities, builds within the State of New York including Central Park, the Las Vegas strip and surrounding areas of Nevada, fibre to the home at Stanford University and numerous other locations around the globe that have adopted Lite Access as the “solution of choice” for future proof fibre optic connectivity.

For further information please contact:

 

Lite Access Technologies Inc.
Phone: 1-604-247-4704

1115 – 1125 6900 Graybar Rd.

Richmond, BC V6W 0A5
www.liteaccess.com
For investor relations please contact:

 

Rob Gamley

Phone: 1-604-689-7422

Email: rob@contactfinancial.com

Contact Financial Corp.

1450 – 701 West Georgia St.

Vancouver, BC V7Y 1G5

 

Forward Looking Information

 

Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control.  Such factors include, among other things: risks and uncertainties described in the Company’s Listing Statement dated May 26, 2015 available on www.cnsx.ca.  Accordingly, actual and future events, conditions and results may differ materially form the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

 

The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.

View the pdf file below:

 LTE NR March 9, 2016 – South Africa

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