o2 secure wireless inc (OTOW:OTC US)
o2 secure wireless inc (OTOW) Snapshot
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Open
$0.05
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Previous Close
$0.06
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Day High
$0.06
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Day Low
$0.04
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52 Week High
06/28/12 - $1.81
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52 Week Low
04/3/13 - $0.01
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Market Cap
1.8K
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Average Volume 10 Days
2.0K
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EPS TTM
--
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Shares Outstanding
31.1K
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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O2 Secure Wireless, Inc., an Internet communications company, designs and maintains high-speed wireless broadband connection networks in the southeastern United States. The company designs, engineers, deploys, and maintains wireless broadband systems using WiFi, wireless, mobile, fixed, and consulting service technologies for residents with high-density residential communities; mobile professionals; and companies that support residential communities and mobile professionals. It also specializes in wireless tower construction and lease operations. In addition, the company’s retail services include Internet, television, home phone, and mobile services; and industrial services comprise engineering, construction, build out-services, site development, and industrial consulting services. Further, it operates a retail store that offers wireless services and prepaid MasterCard cards in Palm Coast, Florida. The company was founded in 2003 and is based in Palm Coast, Florida.
o2 secure wireless inc (OTOW) Key Developments
O2 Secure Wireless, Inc. announced the grand opening of its retail store in Palm Coast, FL at 101 Palm Harbor Pkwy. Unit #133. This 1,250 Sq. Ft store, located in the European Village, is perfectly positioned for the local clientele to find, as well as take advantage of the many services that will soon be on the store walls. From wireless services to prepaid MasterCard cards, this store is its location and will be the launching point of its recently announced phone products. They have aggressive plans to utilize this retail location and work with local businesses to enable acceptance of its prepaid cards, mobile phones, and will look further into the future to launch its upcoming product lines. To augment its sales, they have branded phone parts and accessories, and can perform repairs of many of the most common cellular telephones on the market.
O2 Secure Wireless, Inc. announced that the highly anticipated O2 Wave Smart Phone will be released to the public on April 28, 2013. This revolutionary Smart phone uses an Android 4.1 platform, Dual SIM Dual standby, (NFC) Nearfield Communication Technology and the proprietary FIT security technology. This FIT technology is the first of its kind exclusive to the O2 Wave SmartPhone. The FIT technology is a fully functional retina and Facial Integration security Technology software program that can be implemented in a wide variety of security protocols. What it can do is allow a fully functional facial recognition application to be integrated into common security applications that otherwise might limited to advance installations such as military or government applications or something as simple as the phone scanning one's retina and facial features rather than entering a password to unlock the phone. The only way to be able to access the phone if lost or stolen would be to reload the OS thereby wiping out all personal information. The applications of the software are very wide from school security systems alerting officials from un-authorized visitors or simple recognition of common business applications such as office buildings or any public access points. O2 intends on focusing on the banking industry and nationwide voter registration as the major end users of this technology. It has been reported that worldwide credit card fraud equates to $5.5 billion annually in losses. O2 will look to implement the FIT technology heavily towards nationwide bank ATM machines as well as national retailer's point-of sale (POS) stations. And as recently acknowledged worldwide voter recognition can be taxing on any election with FIT technology discrepancies can be eradicated.
O2 Secure Wireless, Inc. announced the implementation of its FIT proprietary security software. Fit is a fully functional retina and Facial Integration security Technology software program, that can be implemented in a wide variety of security protocols. What it can do is allow a fully functional facial recognition application to be integrated into common security applications that otherwise might limited to advance installations such as military or government applications. The technology has been refined to be ‘low-data’ which means it does not require large amounts of bandwidth or data storage. The applications of the software are very wide from school security systems alerting officials from un-authorized visitors or simple recognition of common business applications such as office buildings or any public access points.
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Industry Analysis
OTOW
Industry Average
| Valuation | OTOW | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 7.1x |
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| Price/Book | 0.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact O2 SECURE WIRELESS INC, please visit www.o2securewireless.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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