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Hammer Fiber Optics Holding Corp Closes the Acquisition of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm

11/06/2018 – Piscataway, N.J :

Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) announced today that effective November 1, 2018 it has closed on the acquisitions of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm, Inc. the acquisition of Endstream Communications is pending regulatory approval. The terms of the acquisitions were released via an 8K on September 12, 2018  and amended on November 6, 2018.  The structure of the acquisitions is both accretive and non-dilutive to common shareholders.

 

“Upon closing the acquisitions Hammer now has all of the components in place to begin to execute on its ‘Everything Wireless’ strategy,” said Erik Levitt, Hammer’s Chief Executive Officer. The newly acquired assets include strong intellectual property in over-the-top technology such as hosted carrier switching for both voice and SMS, CLEC licenses in Florida and New York, and a nationwide Commercial Mobile Radio Services License. Through its subsidiaries Hammer will complement its carrier offerings with a variety of hosting services including cloud computing, virtual servers, virtual desktop and collaboration tools that fully integrate voice, video, messaging and file sharing. Open Data Centers offers colocation from its Piscataway, NJ facility as well as its edge data center in Homewood, Alabama.

 

Hammer’s ‘Everything Wireless’ strategy will include four key services: high speed fixed wireless using the proprietary Hammer Wireless® AIR technology, Mobility, OTT and Smart City.  “Our intention is to provide these services both directly to consumers as well as through unique programs such as the Mobile Network Service Provider (MNSP) program, announced jointly earlier in 2018,” said Kristen Vasicek, 1stPoint’s Director of Marketing.

 

“Wireless communications, mobility and cloud services represent the future of our industry,” said Levitt. “Whether it’s in the United States, developed or developing economies, Hammer’s breadth of services now has a place in markets worldwide.”

 

About Hammer
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, over-the-top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Frank Pena at fpena@hammerfiber.com.

 

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

Hammer Communications Announces Definitive Agreement to Acquire Open Data Centers, LLC, Endstream Communications, LLC and 1stPoint Communications, LLC and Its Subsidiaries

09/12/2018 – Point Pleasant Beach, NJ and Piscataway, N.J. :

Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) announced today that it has signed a definitive agreement to acquire the stock of Open Data Centers, LLC,  Endstream Communications, LLC and 1stPoint Communications, LLC and its subsidiaries. 1stPoint has strong intellectual property in over-the-top services such as SMS/texting and collaboration tools, virtual desktop and managed hosting services. Its subsidiaries have multiple CLEC licenses and a mobile operator license. Endstream Communications offers wholesale voice services worldwide. Open Data Centers operates a carrier neutral colocation facility in Piscataway, New Jersey and an edge data center in Homewood, Alabama.  The acquisitions are accretive to Hammer and provide operating synergies. The details will be described further in an upcoming 8K filing.

 

The Mobile Network Service Provider program, announced jointly by Hammer and 1stPoint, exemplifies how Hammer will use its existing capabilities and those of each of the acquired entities to operate and maintain managed wireless networks both domestically and Internationally. The offering will include wireless networking equipment, an over the top platform for value added services, 24×7 remote NOC and deployment services, sales and marketing support as well as project management. Open Data Centers will provide the infrastructure and personnel to facilitate the NOC for remote management capabilities.

 

“Using the proprietary Air Technology, complemented by the intellectual property and operations of the acquired entities, Hammer now has the ideal solution to cable network extension, wireless service expansion or an opportunity for DSL replacement,” said Mark Stogdill, Hammer’s Founder. Today Hammer provides triple-play services to retail customers in its operating market, and intends to deliver that service nationwide alongside its operator partners.

 

Erik Levitt, the Managing Member of 1stPoint, Endstream and Open Data Centers immediately assumes the roles and responsibilities of Hammer’s Chief Executive Officer. “The acquisitions create a strong management team, all of whom individually possess a long history of success in the industry,” said Levitt. “We are all dedicated to executing on the vision that has been created for Hammer since inception. We are focused on delivering on projects that will grow the company’s agenda aggressively.” 

Mark Stogdill will assume the role of Chief Technology Officer of Hammer. Kristen Vasicek, 1stPoint’s Director of Marketing, has been appointed as Hammer’s Chief Operating Officer. “We are looking forward to rolling out Hammer’s strategy and to further position the company to provide high speed triple play services, Smart City, M2M and IoT products to consumers through our MNSP program and our Everything Wireless approach,” added Vasicek. 

 

About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.

 

About 1stPoint Communications

1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net .

 

About Endstream

Endstream is a wholesale voice operator, providing voice termination, toll origination and toll free origination services to other carrier clients. For more information visit www.endstream.com .

 

About Open Data Center

Open Data Center is a carrier neutral colocation facility in Piscataway, NJ. It provides services to 1stPoint Communications, Core Technology Services, Endstream Communications and is a utility data center for over 20 other clients. It is a 2N+1 design with an array of nine fiber providers and 26 resident carriers make it an ideal platform for HMMRs activities. For more information visit www.opendatacenter.net .

 

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

Hammer Fiber Optics Holdings Corp and 1stPoint Communications, Endstream Communications and Open Data Centers Renew Letter of Intent

07/31/2018 – POINT PLEASANT BEACH, N.J. and Piscataway, NJ :

 

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) d/b/a Hammer Communications announced today that it has renewed its Letter of Intent to acquire 1stPoint Communications, Endstream Communications and Open Data Centers. “The industrial logic of the acquisition remains unchanged,” said Erik Levitt, CEO of 1stPoint Communications. “The resulting entity will be perfectly positioned to be a market leader in wireless network deployment.” Today Hammer provides DOCSIS over wireless triple play services to subscribers in its first deployment in Atlantic County. In adding these assets Hammer will be able to deploy the technology in other markets around the US as well as several International targets. 1stPoint’s assets include multiple CLEC licenses and a mobile network operator as well as intellectual property for carrier switching of both voice, SMS and advanced collaboration tools. 

“The combined entities will be able to execute on Hammer’s ‘Everything Wireless’ approach to the market,” said Kristen Vasicek, 1stPoint’s Director of Marketing. “We will be able to deliver very high speed triple plays, smart city, IoT, OTT and texting applications, M2M and 5G mobile networks. That breadth will make us unique in the industry,” added Vasicek.

 

Earlier this quarter Hammer and 1stPoint announced its Mobile Network Services Provider platform, intended for use by cable operators for network extension, wireless ISPs for network enhancement and expansion and DSL replacement. “Several projects are now in the planning stages,” said Hammer’s founder, Mark Stogdill. “These acquisitions will be transformative, and will take Hammer to the next level.”

 

The details of the transactions and closing dates have not been publicly disclosed.

About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.

 

About 1stPoint Communications

1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net .

About Endstream

Endstream is a wholesale voice operator, providing voice termination, toll origination and toll free origination services to other carrier clients. For more information visit www.endstream.com .

About Open Data Center

Open Data Center is a carrier neutral colocation facility in Piscataway, NJ. It provides services to 1stPoint Communications, Core Technology Services, Endstream Communications and is a utility data center for over 20 other clients. It is a 2N+1 design with an array of nine fiber providers and 26 resident carriers make it an ideal platform for HMMRs activities. For more information visit www.opendatacenter.net .

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

 

Hammer Fiber Optics Holdings (HMMR) Offers High-Tech Wireless Communications Potential for Small Communities

07/25/2018 – Online :

More info: http://newtothestreet.tv/hammer-fiber-optics-holdings-hmmr-offers-high-tech-wireless-communications-potential-for-small-communities

 

 

7.10.2018 PISCATAWAY, NJ AND HOMEWOOD, AL – 1STPOINT COMMUNICATIONS ACQUIRES THE ASSETS OF HIWAAY INFORMATION SERVICES

1stPoint Communications announced today that it has completed the acquisition of the assets of HiWAAY Information Services, Inc. Since 1995 HiWAAY has provided hosting and email services, data center colocation, Internet access, and private network services to subscribers from its facilities in Alabama.

“The acquisition of HiWAAY’s assets builds on the success we have had with the acquisition of WebSite Source,” said Erik Levitt, 1stPoint’s CEO. “Access to retail subscribers is a very important part of our business plan. The HiWAAY name is well known in the local market and will provide us the building blocks that we need to service the marketplace in the southeastern United States, which we see as strategically important.”

1stPoint will continue to operate the HiWAAY facility in Homewood and will add the facility to its MPLS network, adding a number of private networking resources to HiWAAY’s existing products. The new services offered to HiWAAY clients will include 1stPoint’s line of collaboration tools, business texting, and more advanced hosting offerings including its virtual desktop environment. HiWAAY services, including email spam protection, will be added to other 1stPoint product offerings.

“This is a great outcome for the customers, employees, and the owners of HiWAAY,” said Jason Mohprasit, one of HiWAAY’s two owners. Mr. Mohprasit and Mr. Chris Campbell grew HiWAAY from 2010 to 2018, migrating the business from a dial-up and DSL provider into an advanced hosting provider. “We are very excited to see 1stPoint’s team take the business to the next level,” added Mr. Campbell.

Benchmark International represented HiWAAY in the transaction and was responsible for the introduction to 1stPoint. “We are very pleased with the outcome of this transaction” said Robert West, Senior Associate at Benchmark. “The transaction went smoothly and we hope that we can work with Benchmark on future projects,” added Levitt. Benchmark provides growth and exit strategies to businesses interested in creating transformative events.

On May 8th, 2018 Hammer Fiber Optics Holdings Corp (OTCQB:HMMR) d/b/a Hammer Communications announced a letter of intent to acquire the stock of 1stPoint. “There is increased synergy between the assets recently acquired by 1stPoint as part of this purchase,” said Mark Stogdill, Hammer’s founder.

“We welcome the HiWAAY team and look forward to working with the clients and expanding our relationship with them,” added Kristen Vasicek, the Director of Marketing for 1stPoint, who was involved in the acquisition. “HiWAAY’s reputation as being an outstanding service provider with a nationwide capability but a local touch will help us continue to establish our New Way to Work strategy.”

The details of the transaction were not disclosed.

About Benchmark International

Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.

About 1stPoint Communications

1stPoint Communications provides integrated messaging, voice, data and mobile service for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services business need to interact with their customers, employees and suppliers, providing its clients a New Way to Work.

Contact:

Kristen Vasicek

Director of Marketing
212-884-4400 Option #2

Hammer Fiber Optics Holdings (HMMR) Offers High-Tech Wireless Communications Potential for Small Communities

07/25/2018 – Online :

More info: http://newtothestreet.tv/hammer-fiber-optics-holdings-hmmr-offers-high-tech-wireless-communications-potential-for-small-communities

 

 

7.10.2018 PISCATAWAY, NJ AND HOMEWOOD, AL – 1STPOINT COMMUNICATIONS ACQUIRES THE ASSETS OF HIWAAY INFORMATION SERVICES

1stPoint Communications announced today that it has completed the acquisition of the assets of HiWAAY Information Services, Inc. Since 1995 HiWAAY has provided hosting and email services, data center colocation, Internet access, and private network services to subscribers from its facilities in Alabama.

“The acquisition of HiWAAY’s assets builds on the success we have had with the acquisition of WebSite Source,” said Erik Levitt, 1stPoint’s CEO. “Access to retail subscribers is a very important part of our business plan. The HiWAAY name is well known in the local market and will provide us the building blocks that we need to service the marketplace in the southeastern United States, which we see as strategically important.”

1stPoint will continue to operate the HiWAAY facility in Homewood and will add the facility to its MPLS network, adding a number of private networking resources to HiWAAY’s existing products. The new services offered to HiWAAY clients will include 1stPoint’s line of collaboration tools, business texting, and more advanced hosting offerings including its virtual desktop environment. HiWAAY services, including email spam protection, will be added to other 1stPoint product offerings.

“This is a great outcome for the customers, employees, and the owners of HiWAAY,” said Jason Mohprasit, one of HiWAAY’s two owners. Mr. Mohprasit and Mr. Chris Campbell grew HiWAAY from 2010 to 2018, migrating the business from a dial-up and DSL provider into an advanced hosting provider. “We are very excited to see 1stPoint’s team take the business to the next level,” added Mr. Campbell.

Benchmark International represented HiWAAY in the transaction and was responsible for the introduction to 1stPoint. “We are very pleased with the outcome of this transaction” said Robert West, Senior Associate at Benchmark. “The transaction went smoothly and we hope that we can work with Benchmark on future projects,” added Levitt. Benchmark provides growth and exit strategies to businesses interested in creating transformative events.

On May 8th, 2018 Hammer Fiber Optics Holdings Corp (OTCQB:HMMR) d/b/a Hammer Communications announced a letter of intent to acquire the stock of 1stPoint. “There is increased synergy between the assets recently acquired by 1stPoint as part of this purchase,” said Mark Stogdill, Hammer’s founder.

“We welcome the HiWAAY team and look forward to working with the clients and expanding our relationship with them,” added Kristen Vasicek, the Director of Marketing for 1stPoint, who was involved in the acquisition. “HiWAAY’s reputation as being an outstanding service provider with a nationwide capability but a local touch will help us continue to establish our New Way to Work strategy.”

The details of the transaction were not disclosed.

About Benchmark International

 Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.

About 1stPoint Communications

1stPoint Communications provides integrated messaging, voice, data and mobile service for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services business need to interact with their customers, employees and suppliers, providing its clients a New Way to Work.

Contact:

Kristen Vasicek

Director of Marketing
212-884-4400 Option #2

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