SAN DIEGO--(BUSINESS WIRE)--5BARz International (OTCQB:BARZ) (www.5BARz.com) (“5BARz” or “the Company”), a technology leader in the cellular network extender industry and broadband networks, is pleased to announce that our wholly owned subsidiary, 5BARz India Private Limited, one of India’s most promising technology start-ups providing fastest network connectivity for cellular and broadband networks is rolling out the next-generation 5BARz™ Wi-Fi broadband router across 11 major cities in India. The move follows the landmark strategic deal with a top Internet Service Provider (ISP) to connect a minimum of 5 million Indian homes to the Internet over a period of five years.
The next-generation 5BARz™ Wi-Fi broadband router, as well as its 5BARz™ Smart Experience connectivity software will cover an estimated 20 million users in Indian families, enabling fastest, optimal and smartest broadband connectivity. The roll out will cover major metropolitan cities including Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad, Pune and satellite towns/emerging metros such as Gurgaon, Vadodara, Surat, Navi Mumbai, Vishakapatnam, Vijayawada, Kakinada, Navsari, Powai and Thane.
Daniel Bland, Founder and Global CEO of 5BARz International, Inc. says, “The roll out of next-generation routers through India’s second largest and globally renowned ISP player is an exciting phase in our journey towards ‘5BARz powered homes’. Through the roll out of our advanced 5BARz Wi-Fi router in 11 Indian cities, ISP players are best positioned to serve the high-speed broadband connectivity needs for smart families in urban and emerging metros. From the capital of India’s second most populous city, Mumbai to the Silicon Valley – Bangalore, 5BARz routers will make smart connectivity a reality in the digital India story. We are humbled by the contribution of 5BARz in fueling the digital dreams of a nation of 1.2 billion people through seamless last-mile network connectivity.”
Samartha Nagabhushanam, CEO of 5BARz India Private Limited, commented, “It is our constant endeavor to build world-class technology solutions that deliver enduring value to consumers, businesses and investors alike. The rollout of the next-in-class 5BARz™ Wi-Fi broadband routers as well as 5BARz™ Smart Experience software in India, is a beginning in our journey to align the aspirations of digitally connected Indian families with the fastest and smartest network connectivity. Ultimately, the 5BARz Wi-Fi experience suite will transform connectivity in every home into a smart home assistant.”
Gil Amelio, Chairman of the Board of 5BARz International, Inc, commented, “The product is designed, manufactured and made to solve the fundamental last-mile connectivity challenges of India and other emerging markets. Technology innovation is at the heart of our business and the product roll out through our landmark ISP partnership is a major boost to its mass acceptance by India market. We are extremely confident of its potential to spur growth in not just India but other fast growing markets including South Africa.”
About 5BARz India
5BARz India Private Limited is one of India’s most promising technology start-ups that is well equipped to provide seamless connectivity solutions. 5BARz India is a part of 5BARz International Inc., a start-up that is delivering solutions for cellular and broadband network operators in providing clear, high quality signal and superior connectivity for their subscribers. 5BARz™ with it’s 2 state-of-the-art products, 5BARz™ Network Extender for cellular connectivity and the 5BARz™ Wi-Fi for broadband connectivity is striving to solve the problem of last mile connectivity. Due to the plug & play nature and zero installation cost, the 5BARz™ suite of products is emerging as the most attractive proposition in India.
The ultra-portable 5BARz™ Network Extender incorporates a patented technology to create a high engineering based, single-piece, plug and play device that strengthens weak cellular signals by amplifying even the poorest cellular signals from 1 bar to 5 bars, ensuring uninterrupted connectivity at home and work.
The 5BARz™ Wi-Fi through its single-piece, plug and play device introduces a break through approach in providing uninterrupted and superior coverage and connectivity across home and work with a smart approach to broadband.
For further information about 5BARz International, Inc., visit www.5barz.com.
For further information on 5BARz India visit www.5BARzIndia.com.
About 5BARz International Inc.
The 5BARz International Inc. business is focused on the global commercialization of patented product technologies branded under the name 5BARz®. 5BARz® is a cellular and broadband connectivity solutions company for application in the small office, home or for when users are mobile. 5BARz® incorporates patented technology to create highly engineered, single-piece, plug 'n play units that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices cellular connectivity device and an uninterrupted and smart solution for the broadband coverage solutions. 5BARz® represents a key solution for 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.
