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Cybertel Capital Corp. Will Use Its Wholly Owned Subsidiary HBLN to Offer a Full Array of Services in Broadband and Telephony Markets
PR Newswire - July 20, 2006 09:01
SAN DIEGO, July 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- CyberTel Capital Corp. (OTC Bulletin Board: CBCL), today announced HBLN, Inc., (its wholly owned Atlanta based subsidiary) will start moving quickly into broadband and telephony services markets with a full array of services to be offered now that the merger is complete.
"We see the future in WiMAX, Microwave and Managed Services for the broadband industry. There are many technologies being deployed now that are completely changing the way data, voice and video are delivered," stated HBLN Services CEO, Walt Henley. "We plan to stay ahead of these technologies as they evolve into personal broadband applications."
Operating plans for the newly acquired Company include a focus on acquisitions of companies with technical capabilities and operating networks. Vertical service lines will be developed and expanded. The Company is currently working with clients to provide financial and business modeling, and spectrum analysis and acquisitions. "The newly formed Business Advisory Services practice also specializes in helping clients navigate grants and loan programs including public safety and homeland security funding opportunities. Wireless engineering and installation services, along with managed services for clients will also play a key role in establishing a robust bottom line for the Company at this time."
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of CBCL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future CBCL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and CBCL has no specific intention to update these statements.
SOURCE CyberTel Capital Corp.
James Wheeler of CyberTel Capital Corp., +1-858-646-7410,
investor@cbclinc.com
http://www.prnewswire.com