Wednesday, July 29, 2009

ERF wireless updates current WISP strategies and recent achievements

LEAGUE CITY, Texas--(BUSINESS WIRE)--ERF Wireless (OTCBB:ERFW), a leading provider of enterprise-class wireless broadband products and services, announced today that the company’s WISP operations are continuing to grow at a significant rate. New acquisitions during the past seven months have added more than 16,000 square miles of coverage that support the company’s Oil & Gas Services Division, as well as its regional banking networks. Some $2,500,000 in recurring annual revenues has also been added as a result of theses recent acquisitions. To date, the WISP subsidiary has acquired and assimilated a total of 15 WISPs, with coverage that now exceeds 160,000 square miles in Texas, New Mexico and Louisiana, as well as parts of Oklahoma.

According to Robert McClung, CEO of the Wireless Bundled Services subsidiary of ERF Wireless, “During the past several months, we’ve achieved a number of acquisition and operations objectives that have allowed us to build a solid foundation for expanding our customer base and service offerings...”