BOCA RATON, Florida, June 01, 2021 (GLOBE NEWSWIRE) – Specter Global Solutions Inc. (the âCompanyâ or âSpectrumâ) (OTCQB: SGSI), today announced that High Wire Networks Inc. (“High Wire”) awarded $ 1.28 million power contract for a new 170,000 square foot production facility and office in southern Wisconsin, centralized between metro Chicago and Milwaukee . As previously announced, High Wire has agreed to go public through a merger with Spectrum Global Solutions Inc. (OTCQB: SGSI). Although the merger closing has been delayed, as the company awaits the cancellation of the SBA PPP loan, the benefits of this contract and other High Wire activities will be reflected in Spectrum’s public records in the future. as part of the two companies previously announced. Management contract.
High Wire will install 1,100 light fixtures, a new 2,000-amp electrical service and a 1,600-amp busbar. The team will also provide a turnkey fire alarm solution, including design and installation.
In addition to the warehouse electrical distribution, the electricians will upgrade the power supply to the second floor office being modernized. The new site is expected to improve the customer and employee experience, ensure supply chain efficiency and operational flow, as well as facility optimization and automation.
âBeing able to power and ensure the security of this new flagship facility and head office where 300 employees will work is incredible,â said Mark Porter, CEO of High Wire. âWe are a one-stop-shop solution for our customers who take advantage of our commercial electricity, low-voltage technology and fire alarm systems, all from a single source. “
âHigh Wire and Spectrum continue to see increased sales momentum and pent-up demand as pandemic restrictions relax,â Porter added.
About Spectrum Global Solutions
Spectrum Global Solutions Inc. operates through its subsidiaries ADEX Corp., Tropical Communications Inc. and AW Solutions Puerto Rico LLC. The Company is a leading provider of telecommunications engineering and infrastructure services in the United States, Canada, Puerto Rico and the Caribbean. For more information on the Company and its technologies, visit the Company’s public documents at www.SEC.gov or the Company’s website at https://SpectrumGlobalSolutions.com
About high intensity networks
For 20 years, High Wire Networks has been a trusted partner of VARs, MSPs, Distributors, Integrators, Manufacturers and Telecommunications Suppliers, enabling them to minimize overhead costs while expanding delivery capabilities worldwide. Our flexible workforce provides vendor-independent technical, professional and security services in more than 180 countries. Our services include design, installation, configuration and support for unified communications, wired and wireless networks, cabling and infrastructure, and electrical systems. Our Overwatch Managed Security Platform as a Service enables our partners to deliver comprehensive cybersecurity that’s easy to sell and buy for an affordable subscription. We also offer a variety of on-demand, fast-response solutions with service levels ranging from two hours to the next business day for on-site fault repair and remote technical support. With High Wire Networks, partners are doing work. Learn more about http://www.highwirenetworks.com/
The above press release contains forward-looking statements. Statements contained herein that are not statements of historical fact, including, but not limited to, statements identified by the use of terms such as “anticipate”, “appear”, “believe”, ” could “,” estimate “,” “expect”, “hope”, “indicate”, “intend”, “probably”, “may”, “could”, “plan”, “potential” , “Plan”, “seek”, “should”, “will,” “” and other variations or negative expressions of these terms, including statements relating to expected market trends and the performance of the Company, are all âForward-looking statementsâ within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on what management believes are reasonable based on information currently available, and include statements regarding the current intention, belief or expectations of the Company and its management. Potential investors are cautioned that these forward-looking statements are not guarantees of future performance and are subject to a wide range of external factors, uncertainties, business risks and other risks identified in documents filed by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by these forward-looking statements. The Company expressly disclaims any obligation or commitment to update or revise any forward-looking statement contained herein to reflect any change in the Company’s expectations in this regard or any change in the events, conditions or circumstances on which a statement is made. is based, unless required by law and regulations.
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