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Hammer Fiber Optics Holdings Corp and WCI Announce LOI to Provide Wireless Services in Jamaica

02/26/2019 – Piscataway, N.J. :

 Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and WCI announced the signing of their second LOI to provide fixed wireless, mobile data, voice and SMS services in Jamaica. As planning and construction is underway in Sierra Leone and Dominica, Hammer and WCI continue their expansion plans in the Caribbean. According to the terms of the LOI, Hammer Wireless and WCI will jointly own Woke Communications, their local Jamaican subsidiary. 

As part of the transaction WCI will provide the licensing, legal and regulatory framework, as well as day-to-day in-country staffing. Hammer will provide the equipment, engineering, remote-management and NOC as well as certain back-office functions. Glen Simon and Sean Partington, WCI’s partners, will be joined by Erik Levitt and Kristen Vasicek from Hammer Wireless on the Board of Directors. Further details of the transaction will be announced upon signing a definitive agreement.

Woke has obtained the necessary licenses and spectrum grants to offer fixed wireless, mobile data and smart city services on the island. “We are very excited to be working with our partners at WCI on a second project,” said Erik Levitt, Hammer’s CEO. “The Caribbean will be a strong market for us moving forward.”

“We look forward to continuing our work with Hammer’s team,” said Glen Simon, the CEO of Woke. “Our combined team has a great deal of experience in the market, and we are poised to grow at a rapid pace.” 

“This latest announcement shows that our Mobile Network Service Provider program can be deployed effectively across multiple markets with a variety of individual use cases,” commented Kristen Vasicek, Hammer’s COO. Hammer announced the MNSP program in July of 2018. The program provides a template for small and mid-sized operators to deploy fixed wireless, mobile networks, OTT or smart cities while minimizing their upfront capital expenditure. 

 

 

About Hammer
Hammer Fiber Optics 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 ir@hammerfiber.com.

 

About WCI

WCI  (formerly Wikibuli Communications Inc.) is a full service, facilities-based telecommunications company that operates and maintains the only carrier-grade data network in the Eastern Caribbean and has approved interconnection agreements in multiple nations.

Established in 2010, the company brought together the principals of WCI’s Management team, which have a combined 60 years communications experience. WCI offers products and services spanning Mobile (voice, text and data), business and residential Internet access, TV and home phone service.

 

 

  


 

Hammer Fiber Optics Holdings Corp Begins Network Deployment in Sierra Leone and Dominica

02/12/2019 – Piscataway, N.J :

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) has begun construction of its networks in Sierra Leone and Dominica. The first phase of both networks, which includes the deployment of wholesale voice and SMS services in each market, is progressing on schedule. POP selections have been made and network equipment has either been delivered in country or is en route into the market. Hammer announced that the first services in these markets would be available in its third fiscal quarter, ending April 2019.

“Hammer has now entered its next phase of development,” said Erik Levitt, Hammer’s CEO. “The acquisitions made last quarter have been fully integrated, and we now look forward to building into the new markets we have established.” Hammer announced its partnership with Wikibuli to deploy its wholesale network and retail wireless facilities in Dominica in December of 2018. The announcement of its first deployment in West Africa in Sierra Leone followed in January. “We will grow organically in our new markets as well as through acquisition.”

“Our accomplishments last quarter have laid the foundation for Hammer’s future,” said Michael Cothill, Hammer’s Chairman and a veteran of the African wireless marketplace. “We look forward to expanding our operations in West Africa, the Eastern Caribbean and in the United States.” Hammer is deploying its “Everything Wireless” strategy across multiple markets both as an operator and using strategic partnerships under its Mobile Network Service Provider Program.

“We are proving that Everything Wireless can be deployed effectively in any market, anywhere in the world,” said Kristen Vasicek, Hammer’s COO, who oversees Hammer’s global marketing strategy. “We plan to set the standard for connectivity for the global citizen.” Hammer’s Air Technology provides a high speed, triple play service for residential and business customers, while also providing a high-speed backhaul for LTE networks, WiFi and other mobility services as well as Smart City networks. Hammer’s OTT technology includes a robust SMS platform and high speed voice switching platform that addresses the needs of both the mobile network, enterprise clients and other carriers.

“Technology is only one piece in solving the world’s connectivity puzzle. Hammer’s combination of global reach, local experience and advanced technology makes us unique in the marketplace,” added Levitt. “I have the utmost confidence in our team. The trust and respect that we have built over the last decade provides the ideal environment for us to accomplish our objectives.”

 

About Hammer
Hammer Fiber Optics 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 Fiber Optics Holdings Corp to Acquire American Network, Inc.

01/29/2019 – Piscataway, N.J. :

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced today that it will acquire the equity of American Network, Inc. a New York CLEC. American Network obtained its NYS CLEC license in 1997 and has a number of interconnection agreements, wholesale agreements and numbering assets that will aid Hammer in its growth plans in the north eastern United States. “American Network’s assets are complimentary to Hammer’s existing assets in New York and New Jersey,” said Erik Levitt, Hammer’s CEO. Hammer’s “Everything Wireless” strategy includes four key components: high speed fixed wireless, based on Hammer’s proprietary AIR™ technology, OTT, mobility and smart city. Hammer’s wholesale voice, wholesale SMS and hosting practice forms the foundation of the Everything Wireless platform. “In acquiring American Network we are continuing to solidify our platform,” said Kristen Vasicek, Hammer’s COO.

 

Hammer subsidiaries possess CLEC licenses in several states including New York, New Jersey and Florida as well as a nationwide CMRS license and have access to a number of other states via its joint venture agreements with partner CLECs. “We plan to continue to expand our footprint in the north east, south east, south and north western United States throughout fiscal 2019 and fiscal 2020, focusing on markets where we can deploy our wireless technology both as an operator and in partnership with other operators through our MNSP program,” added Levitt.

 

Hammer is acquiring all of the equity of American Network in exchange for common stock and payables associated with the expenses of the transaction. The acquisition is non-dilutive to common shareholders. The transaction is expected to close in February pending necessary approvals.

 

About Hammer
Hammer Fiber Optics 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

 

large hammer logo

PISCATAWAY, N.J., Jan. 23 2019 –Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced today that it has formed its first African subsidiary, Hammer Wireless [SL] Ltd. to deliver its proprietary wireless broadband services to the African continent. Hammer Wireless was recently awarded a nationwide 28GHz license by the telecommunications regulator NATCOM. Hammer Wireless will deploy Sierra Leone’s first true high speed fixed wireless network. The first phase of the project will be co-financed by Hammer and Telecom Financial Services [SA] in Switzerland in exchange for equity in the subsidiary.

 

Construction of the new network is set to begin in March 2019 and will initially target Freetown, the nation’s most populous city, which has in excess of one million possible subscribers. As part of its Everything Wireless strategy, Hammer will expand the network in several phases, providing access to fixed wireless internet, video and voice applications all on one integrated high-speed network.

 

“The government of Sierra Leone’s ICT mandate is to significantly improve education and economic development through broadband penetration, which was measured at 3% nationwide by the ITU in 2018,” said Michael Cothill, Hammer’s Executive Chairman. “In deploying our AIR technology the government can meet its objectives.” Mr. Cothill has extensive experience in broadband deployment across the continent of Africa.

 

“The deployment in Sierra Leone marks our entry into our second, and largest, major geographical market,” said Kristen Vasicek, Hammer’s COO. “Our flexible model, which can include direct operator agreements as well as partnerships through our MNSP program, can be replicated throughout Africa, the Eastern Caribbean, in the United States and other parts of the world.”

 

“The breadth and scope of our team, which includes a combination of local expertise and global reach, is displayed prominently with this announcement,” said Erik Levitt, Hammer’s CEO, who also has experience deploying networks in Africa. “We want to improve the everyday lives of people worldwide. The global citizen deserves high speed access to the world’s greatest information resource.”

 

About Hammer
Hammer Fiber Optics 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.

 

 

Sierra Leone

 

 

large hammer logo

Hammer Fiber Optics Holdings Corp and Wikibuli Close Transaction to Provide Service in Dominica

Piscataway, N.J. January 7, 2018 – Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and Wikibuli, Inc. announced today that the transaction between the companies closed as planned on January 1, 2019. As part of the agreement Hammer Wireless will acquire an interest in Wikibuli in exchange for cash and common stock. The details of the transaction were released via an 8-K in December 2018. Erik Levitt, Hammer’s CEO and Kristen Vasicek, Hammer’s COO will join Wikibuli’s Board. Sean Partington and Glen Simon will continue to manage Wikibuli’s day-to-day operations.

Wikibuli suspended service in 2017 due to severe weather-related damage to its infrastructure. The new infrastructure will be owned by Wikibuli and operated by Hammer and its subsidiaries as part of it’s Mobile Network Service Provider (MNSP) program. The planned network, powered by Hammer’s proprietary Air (TM) technology, will be designed to provide high speed fixed wireless services, mobility, WiFi and will incorporate Smart City capabilities.

“We have been preparing for the implementation of the wholesale voice and SMS network through the end of 2018,” said Sean Partington, Wikibuli’s CEO. “We are still on schedule for an initial deployment in late February.” The first phase of construction will establish the basic network infrastructure and allow for revenue streams from the wholesale business in advance of the wireless deployment.

Hammer launched its MNSP program in July 2018 with 1stPoint Communications, now a key Hammer subsidiary. The program is a framework for launching networks in the United States and internationally where wireless spectrum is available. The Air architecture allows for a wide range of allocations and is many times more efficient than fiber based implementations while delivering similar speeds and a wide range of applications.

“The unique value proposition of our Everything Wireless strategy will bring a new paradigm to subscribers in Dominica,” said Erik Levitt. “Our objective is to bring unparalleled new service levels both on and off-island.”

“Connecting our subscribers worldwide as we build networks with our partners is going to be a priority for us,” said Kristen Vasicek, who is responsible for the global marketing plan. “The partnership with Wikibuli is a tremendous opportunity for meaningful social change through our unique technology and local expertise.”

About Hammer
Hammer Fiber Optics 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.

 

 

Image of dominica

 

Hammer Fiber Optics Holdings Corp Subsidiary Hammer Wireless and Wikibuli, Inc. to Provide Wholesale Voice and Wireless Services in Dominica

12/24/2018 – Piscataway, N.J. :

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and Wikibuli, Inc. announced a definitive agreement to provide wireless telecommunications services in Dominica with a closing date of January 1, 2019. Wikibuli obtained its telecommunications license in Dominica in 2013, providing services on the island until September 2017. It temporarily halted services after catastrophic weather conditions caused severe damage to its infrastructure.

 

Wikibuli and Hammer are primed to begin construction of a new network infrastructure in January 2019. The network will be owned by Wikibuli and operated by Hammer under its Mobile Network Services Provider program. The initial agreement addresses the construction of the wholesale voice network, and creates the framework for the possible construction of LTE, Wi-fi and fixed wireless infrastructure in subsequent phases of the project. Hammer’s proprietary Air™ technology will provide Wikibuli a unique high speed fixed wireless solution and a powerful backhaul technology for the proposed LTE and mobile Wifi deployments. Hammer’s subsidiaries, 1stPoint Communications, Endstream Communications and Open Data Centers will provide the hosted switching services and wholesale gateway for Wikibuli’s next generation voice and SMS network. Wikibuli anticipates completion of the wholesale voice network by the end of February 2019.

 

As part of the agreement Hammer will purchase an equity interest in Wikibuli in exchange for cash and common stock of Hammer. Hammer CEO Erik Levitt and COO Kristen Vasicek, will join the Board of Directors of Wikibuli. “The transaction with Wikibuli is a template for how Hammer will execute on its vision,” said Erik Levitt.

 

WIkibuli co-founders CEO Sean Partington and COO Glen Simon, will remain on the Board of Directors of Wikibuli and will continue to manage the day-to-day business affairs of Wikibuli. “We are very excited to be working with the Hammer team,” explained Mr. Simon. “They have a strong track record of success and we have confidence in our combined capabilities.” The combined extensive Caribbean experience of Mr. Partington, Mr. Simon and Mr. Levitt bring a strong understanding of the region and marketplace enhancing the success of the project.

 

“This agreement is representative of the power of Everything Wireless,” said Kristen Vasicek, Hammer’s COO. Hammer’s Everything Wireless strategy includes four components: high speed fixed wireless, Over-the-Top technologies such as voice, video and SMS, mobility and smart city. The foundation of Everything Wireless is Hammer’s colocation, hosting and wholesale voice and SMS practice. Vasicek states, “Our combination of local understanding and global reach will be a key factor in our success. The partnership with Wikibuli proves that we have a strong framework on which to base projects that are currently under consideration. This model can be replicated throughout the Eastern Caribbean, in the United States and other parts of the world.”

About Hammer
Hammer Fiber Optics 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.

 


Hammer Fiber Optics Holdings Corp Announces Closing of Acquisition of Endstream Communications, LLC

12/18/2018 – Piscataway, N.J. :

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced the closing of its acquisition of Endstream Communications, LLC on the 17th of December. “This closing concludes the transaction originally contemplated in the signing of the May LOI with the Partners of 1stPoint Communications, Open Data Centers and Endstream Communications,” commented Erik Levitt, Hammer’s CEO. “The acquisition of our portfolio by Hammer represented a great outcome for our partnership. The combined entities form a strong platform on which to base Hammer’s future growth.”

 

Endstream provides wholesale voice services to clients worldwide, with a focus on termination, origination and toll free services in the United States, Canada, the United Kingdom and Israel. “Hammer will expand these services into other markets as part of the foundation of its Everything Wireless strategy,” said Kristen Vasicek, Hammer’s COO, who has been responsible for Endstream’s marketing and product development since 2016. “In the last three years Endstream has evolved its services to suit the needs of the changing wholesale voice market, including the rollout of its international mobile operator footprint.” Endstream launched its wholesale mobile origination service in the United States in the second quarter of 2018 and is adding France and the United Kingdom to the wholesale mobile DID portfolio. More markets will be rolled out through the first and second quarters of the 2019 calendar year.

 

About Hammer
Hammer Fiber Optics 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.

Top 10 Key Takeaways from CAPRE’s Fourth Annual Greater Seattle & Pacific Northwest Data Center Summit

12/06/2018 – SEATTLE, Washington :

Here are the top 10 highlights consisting of interesting observations or predictions about the Seattle market, compiled by CapRE: https://www.capremedia.com/39118-2


 

FCC Approves Hammer Fiber Optics Holdings Corp Request for Change of Control of Endstream Communications, LLC

11/21/2018 – Piscataway, N.J. :

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced today that the FCC has approved the transfer of control of Endstream Communications, LLC effective December 17, 2018. Hammer and Endstream plan to close that day.  The structure of the acquisition is both accretive and non-dilutive to common shareholders and was detailed in an 8K which included the Definitive Agreement.

 

“Obtaining regulatory approval was the final step in the acquisition of the four entities originally contemplated in the LOI announced on May 8, 2018,” said Erik Levitt, Hammer’s CEO. “Providing domestic and international voice is an integral part of Hammer’s Everything Wireless strategy.” The go-to-market strategy involves four key services: high speed fixed wireless using the proprietary Hammer Wireless® AIR technology, Mobility, OTT and Smart City.  Voice is part of all four of the offerings.

 

Kristen Vasicek, who is responsible for Endstream’s marketing, added: “Hammer intends to expand Endstream’s presence and we anticipate the rollout of these new markets shortly.” Endstream already provides nationwide wholesale origination and termination services in the United States as well as service in Canada, Israel, the United Kingdom and France. Endstream will be releasing its expanded Mobile DID/Virtual Number product in January 2019, which includes the ability to provide mobile numbers to other telecommunications carriers in several countries worldwide. “The market for Endstream’s services is strong. New value has generated through its line of wholesale mobile service, which also includes texting and multimedia messaging capabilities” said Vasicek.

 

About Hammer
Hammer Fiber Optics 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 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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