BOCA RATON, Fla., Feb. 24, 2011 (GLOBE NEWSWIRE) -- Juniper Group (OTCBB:JUNP) announced today that its wholly owned telecommunications subsidiary, having renewed one of their most lucrative contracts in the Midwest earlier this month, has been tapped by this same client to provide additional services in Michigan, Iowa and Indiana as well as expanding their service base in Illinois.
With the burgeoning growth of the telecommunications industry in full swing, this client has seen its 4G Network increase 250% in a little over one year, now reaching 119 million customers. The company markets its services through its own brand name as well as through its wholesale relationships with other telecommunications companies.
Vlado P. Hreljanovic, President and CEO, said, "We look forward to expanding our services for this client, and welcome the opportunity to prove once again that we are well prepared to tackle work on a national basis. We very much appreciate the recognition given to us by this client and will endeavor to remain true to our goals of complete client satisfaction."
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
CONTACT: Juniper Group, Inc. Investor Relations: 516-829-4670