Infotec's "Triple Play" will provide high-speed wireless and wired Internet access, along with a full range of U.S. television programming, combined with video on demand, as well as residential telecommunication services. Approximately 6,000 condo units are covered under these contracts.
"We are extremely pleased to have the opportunity to provide our 'Triple Play' services to an expanding customer base in Mexico," said CEO Arthur Griffiths.
Effective immediately, Infotec also announced the appointment of Dean Chamberlain to the position of Vice President of Operations (VPO), of the company's wholly-owned Mexican subsidiary, which is currently in the process of incorporation. Mr. Chamberlain has spent the past eight years in Mexico developing new telecom opportunities. He will be responsible for maintaining staff and business relationships, while also expanding further business opportunities with other Resort Condominium projects.
"Mr. Chamberlain offers significant expertise to Infotec and is an excellent addition to our already strong management team," Griffiths said.
Griffiths will be discussing the company, its strategy and opportunities on Trader's Nation (www.tradersnation.com) with Kurt Schemers on Friday, March 10, 2006. Trader's Nation is a daily review of small-cap to large-cap investment opportunities. Each day, the hosts discuss market trends and provide commentary on the top small-cap news stories of the day and potential stock plays, and conduct behind-the-scenes interviews with CEOs.
The Infotec Group of Companies (www.infotecbusinesssystems.com) provides Internet and related media services and delivers third generation, on-demand streaming media content via its proprietary Galaxy Broadcast Network. Infotec Business Systems, Inc, is a publicly traded company listed in the U.S.A. on the OTCBB under the symbol IFTC, and in Europe, on the Frankfurt Stock Exchange.
The Infotec Group is a full service provider for the capture, hosting and distribution of digital IP content for businesses and viewers throughout the world. Infotec is building its infrastructure and its web portal to support the growth in web TV/Internet TV and in the distribution of digital content and information, anywhere, anytime, via its proprietary ebahn Television Network which can be viewed on the Internet at http://www.ebahn.tv.
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