SIMI VALLEY, Calif., Aug. 27, 2018 /PRNewswire/ -- Airborne Wireless Network (OTC Pink: ABWN), an emerging growth company redefining global connectivity, announced today that it has retained CORE IR as its Investor Relations firm of record. Core IR will provide comprehensive investor relations and shareholder communications services and assist the Company in expanding market awareness and engagement with the institutional and retail investment communities.
CORE IR is a leading boutique investor relations firm, specializing in leveraging the most effective investment, growth and exposure strategies for small to mid-sized companies through an integrated approach to relationship development and shareholder communications.
"We are pleased engage CORE IR, whose depth of experience and comprehensive approach to relationship development and excellence in financial communications will serve our goals to broaden the Airborne Wireless Network visibility and engagement with the market," said Michael Warren, Chief Executive Officer of Airborne Wireless Network. "We are keenly focused on strengthening our relationships within the institutional and retail segments to convey the investment thesis of our company. With Core IR, we will enhance our shareholder communications and investor outreach and look forward to working with the CORE IR team in expanding our IR efforts," Mr. Warren concluded.
"The CORE IR team is thrilled to support Airborne Wireless Network in expanding its Investor Relations efforts with targeted investor outreach and enhanced shareholder communications," said Scott Gordon, President of CORE IR. "The company is focused on developing, marketing and licensing an integrated high-speed broadband airborne wireless network by linking aircraft in flight. Recently the company successfully demonstrated the integration of its proprietary flight control software which illustrates the potential transformative nature of its technology. We look forward to communicating its investment thesis to the market in support of their investor relations objectives," he added.
About Airborne Wireless Network
The Company intends to create a high-speed broadband airborne wireless network by linking commercial aircraft in flight. It is projected that each aircraft participating in the network will act as an airborne repeater or router, sending and receiving broadband signals from one aircraft to the next and creating a digital information superhighway in the sky. The Company intends the network to be a high-speed broadband internet pipeline to improve coverage and connectivity. The Company does not intend to provide retail customer coverage to end users, but, instead, act as a wholesale carrier with target customers, such as internet service providers and telephone companies.
Currently, the world's connectivity is achieved by use of undersea cables, ground-based fiber and satellites. The Company believes that the Company's airborne digital highway may be a solution to fill the world's connectivity void. The Company's network, once developed, should provide low cost, high-speed connectivity to rural areas, island nations, ships at sea, oil platforms, in addition to connectivity to commercial and private aircraft in flight.
For further information see: www.airbornewirelessnetwork.com
Notice Regarding Forward-Looking Statements:
This release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company's management and are subject to significant risks and uncertainties. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward- looking statements.
Risks and uncertainties include, but are not limited to, availability of capital; the inherent uncertainties associated with developing new products or technologies and operating as a development stage company; our ability to raise the additional funding we will need to continue to pursue our business and product development plans; our ability to develop and commercialize products based on our technology platform; competition in the industry in which we operate and market; general industry conditions; general economic factors; the impact of industry regulation; technological advances; new products and patents attained by competitors; manufacturing difficulties or delays; dependence on the effectiveness of the company's patents; and the exposure to litigation, including patent litigation, and/or regulatory actions.
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SOURCE Airborne Wireless Network