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Public Companies : Telecommunications


OneFi Announces the Signing of a Letter of Intent With Secure World International to Add Encryption Protection on the OneFi Networks

Jun 25, 2009 - 5:36:02 PM

News Source MARKET WIRE

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LOS ANGELES, CA -- (Marketwire) -- 06/25/09 -- OneFi Technology, Inc. (PINKSHEETS: ONFI)announced today that it has signed a letter of intent (LOI) with SecureWorld to provide its encryption protection technology on the OneFiNetworks. Mr. Rich Tackels, the Chief Operating Officer of Secure WorldInternational, says, "We are very enthusiastic about the opportunity tolaunch our encryption solutions with OneFi Technology. We bring a serioustechnical solution to OneFi which will enable all text and voicecommunications to be encrypted so that the customer's messages cannot behacked or monitored."

Chet Noblett, President of OneFi Technology, says, "We are pleased to moveforward with Secure World so that OneFi can offer a communicationsenvironment where our customers are confident that their use of devices onour networks is safe and secure."

About OneFi Technology, Inc.

OneFi Technology, Inc. is a WiMax company developing broadband networksthat are capable of 4G (4th generation) compatibility. OneFi Technology'sfocus is on rural communities and developing countries. WiMax is a wirelesstechnology for the delivery of broadband internet.

For Additional Information, Go to the Website: www.onefitechnology.com

This press release contains certain "forward-looking statements" within themeaning of federal securities laws including the use of the words "expect,""anticipate," "estimate," "project," "forecast," "outlook," "target,""objective," "plan," "goal," "pursue," "on track," and similar expressions.Although the Company believes that the statements were reasonable whenmade, these forward-looking statements are subject to known and unknownrisks, uncertainties and other factors that may cause actual results,performance, or achievements of the company to be different from thoseexpressed or implied. The Company assumes no obligation and does not intendto update these forward-looking statements. Among the important factorsthat could cause actual results to differ materially from those indicatedby such forward-looking statements include, without limitation: competitiveand general economic conditions, adverse effects of litigation, the timelydevelopment and acceptance of our products and services, significantchanges in the competitive environment, the failure to generate or the lossof significant numbers of customers, the loss of senior management orincreased government regulation.

Contact:
OneFi Technology, Inc.
Investor Relations
Tom White
Email Contact



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