SAN DIEGO, Calif.--(BUSINESS WIRE)--5BARz International, Inc., (OTCQB: BARZ), (www.5barz.com) (“5BARz” or “the Company”) a technology leader in the cellular network extender industry, is pleased to announce that through our wholly owned subsidiary, 5BARz India Pvt. Ltd., Vodafone India Limited has issued a follow on purchase order to their initial purchase orders previously announced this past summer. This follow on purchase order is the next step in the commercial roll out of the 5BARz® Network Extender onto the Vodafone India network (www.vodafone.in).
Samartha Nagabhushanam, 5BARz India, CEO stated, “We are honored to be working with Vodafone India as the first major telecommunications company to commercialize the 5BARz® network extender. We began working with Vodafone at the beginning of this year and have steadily worked through the steps necessary to begin commercial rollout and look forward to a successful, mutually beneficial relationship with Vodafone here in India. We believe the 5BARz® Network Extender will provide an enhanced indoor user experience with mobile devices in network areas that have proven challenging in the past.”
Dr. Gil Amelio, Chairman of 5BARz International stated, “Vodafone is a recognized leader in the global telecommunications industry and having them be the first in the industry to adopt our transformative product is very gratifying. I look forward to what we believe will be a rapidly growing adoption of the 5BARz® Network Extender throughout the global telecommunications industry in the coming months and years.”
Daniel Bland, CEO of 5BARz International stated, “We understood from the beginning that the commercialization process would be long and arduous and we appreciate the patience from our shareholders these past many months. There is still much to accomplish and we have a strong and devoted team in San Diego and India doing everything possible to achieve our business objectives. This is only the first step in realizing those objectives and I look forward to continued success in India and the rest of the world in the near future.”
For further information about 5BARz International, Inc., visit www.5barz.com.
About 5BARz International Inc.
The 5BARz International Inc. business is focused on the global commercialization of a patented product technology branded under the name 5BARz®. 5BARz® is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz® incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz® represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
