High Wire Networks Wins Government Contract for Networking Solutions and Project Management

Rhea-AI Summary

High Wire Networks (OTCQB: SGSI) announces a significant networking solutions project valued over $800,000, deploying onsite engineers and project management to nearly 600 government locations across the U.S. This initiative enhances the company's track record of nearly a dozen federal projects completed in the past two years. According to President and CEO Mark Porter, this project aligns with growing demand for federal infrastructure upgrades and supports strategic growth plans for 2022.

Positive

• Secured a project worth over $800,000, enhancing revenue potential.
• Successful track record with nearly a dozen completed federal projects in two years.

Negative

• None.

VOIP Network Deployment Spans Nearly 600 Locations Across U.S.

BATAVIA, Ill., Dec. 14, 2021 (GLOBE NEWSWIRE) -- High Wire Networks Inc.’s (the “Company” or "High Wire") (OTCQB: SGSI) today announced a networking solutions project valued at more than $800,000. The Company will deliver onsite engineers and project management for nearly 600 government locations.

This impending rollout adds to the growing number of government projects High Wire has been awarded—successfully completing nearly a dozen federal projects in the past two years.

“With the demand for federal infrastructure upgrades intensifying, High Wire is the go-to technical field and professional service delivery partner for turnkey solutions,” said Mark Porter, President and CEO of High Wire.

“Projects like these, from repeat clients as well as new logos, fuel our forecasted 2022 growth plans and accelerate our strategic objectives.”

About High Wire Networks
For 20 years, High Wire Networks Inc. (OTCQB: SGSI) 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
High Wire Networks Inc.
http://www.highwirenetworks.com/investors


Media Contact:
Susanna Song
Vice President of Marketing and Communications
High Wire Networks
630-635-6717
susanna.song@highwirenetworks.com

FAQ

What is the value of the new project announced by High Wire Networks (SGSI)?

High Wire Networks announced a networking solutions project valued at over $800,000.

How many locations will High Wire Networks deploy its services to?

High Wire Networks will deploy its services to nearly 600 government locations across the U.S.

What role does High Wire Networks play in federal infrastructure upgrades?

High Wire Networks is positioned as a technical field and professional service delivery partner for turnkey solutions in federal infrastructure upgrades.

How does this project impact High Wire Networks' growth plans for 2022?

The project is expected to fuel High Wire Networks' forecasted growth plans and accelerate its strategic objectives for 2022.

What has High Wire Networks achieved in the federal project space recently?

High Wire Networks has successfully completed nearly a dozen federal projects in the past two years.