WiMax License Acquisitions

November 1, 2007 —
Amstelveen, The Netherlands – Optima Wireless is aggressively setting up WiMax licensed companies on behalf of a third party that intends to purchase and develop the properties long term. The focus is on emerging markets that lack telecom infrastructure to support data services. There are multiple opportunities in Africa and Asia we are currently evaluating and expect to close several within 2008. As part of the process Optima Wireless will arrange financing and other support for the partner companies that have access to a substantial block of contiguous frequency.

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