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High Wire Wins $1.80 Million Government Phone Deployment Contract

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High Wire Networks (OTCQB: HWNI) announced a $1.8 million contract for a phone lifecycle refresh project, upgrading over 60,000 IP phone sets at 433 U.S. government sites. This marks their eleventh large-scale government project since 2021. David Hand, Vice President of Global Systems Integrators, expressed confidence in their ability to deliver high-quality results on time. High Wire has been a trusted partner for VARs and telecom providers, offering services in over 180 countries.

Positive
  • Secured a $1.8 million contract, enhancing revenue streams.
  • Will upgrade over 60,000 IP phone sets, demonstrating scalability.
  • Eleventh large-scale government project since 2021, indicating strong market position.
Negative
  • None.

BATAVIA, Ill., Nov. 08, 2022 (GLOBE NEWSWIRE) --  High Wire Networks Inc. (the “Company” or “High Wire”) (OTCQB: HWNI), announced today High Wire won a $1.8 million contract with a value-added reseller (VAR) for a phone lifecycle refresh project. When the project is completed next year, High Wire will have helped upgrade more than 60-thousand IP phone sets at 433 U.S. government sites.

“This is our eleventh large-scale government project since 2021, said David Hand, High Wire Vice President of Global Systems Integrators.

“We are elated we have earned the trust of both our technology partner and end customer; they have the utmost confidence in High Wire to deliver on time and with the highest quality.”

About High Wire Networks
For 22 years, High Wire Networks Inc.(OTCQB: HWNI) has been a trusted partner to VARs, MSPs, distributors, integrators, manufacturers and telecom providers by enabling them to minimize overhead while extending delivery capabilities around the world. Our flexible workforce delivers vendor-agnostic technical field, 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 Marketplace enables our partners to deliver comprehensive cybersecurity that’s easy to sell and easy to buy for an affordable subscription. We also offer a variety of on-demand, rapid-response solutions with service levels ranging from two hours to the next business day for onsite break-fix and remote technical support. With High Wire Networks, partners Get Work Done. Learn more at www.highwirenetworks.com.

Forward-Looking Statements:
The above news release contains forward-looking statements. The statements contained in this document 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,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” 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 assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations. 

Investor Relations

www.highwirenetworks.com/investors
investors@highwirenetworks.com

Media Relations

Susanna Song
Vice President of Communications
susanna.song@highwirenetworks.com


FAQ

What recent contract did High Wire Networks win?

High Wire Networks won a $1.8 million contract for a phone lifecycle refresh project.

How many IP phone sets will High Wire upgrade?

High Wire will upgrade over 60,000 IP phone sets.

How many large-scale government projects has High Wire completed since 2021?

High Wire has completed eleven large-scale government projects since 2021.

What is the stock symbol for High Wire Networks?

The stock symbol for High Wire Networks is HWNI.

HIGH WIRE NETWORKS INC.

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