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ERF Wireless (ERFB) Aligns Strategic Partnership With Assisted Energy LLC in Exclusiv

Discussion in 'Stock Market News & Analysis' started by mickymoose99, Oct 1, 2013.

  1. mickymoose99

    mickymoose99 Member

    Nov 24, 2009
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    Red Bank N.J
    ERF Wireless (ERFB) Aligns Strategic Partnership With Assisted Energy LLC in Exclusive Multi-State Contract

    Complementary Services Allow for Economy-of-Scale Benefits in Eagle Ford, Haynesville-Bossier and Anadarko Basin Plays; Diversification Strategies Becoming Trademark for Energy Broadband-Adding Value and Revenue to Core Competencies

    LEAGUE CITY, Texas, Oct. 1, 2013 (GLOBE NEWSWIRE) -- ERF Wireless (ERFB), the operator of the nation's largest terrestrial wireless broadband network servicing the domestic oil and gas sector, announced today that it has signed a contract with Assisted Energy LLC to provide reseller services in the Eagle Ford Shale play in South Texas. The agreement specifically names ERF Wireless Inc. as the exclusive reseller of lighting and surveillance equipment in the South Texas market as well as the entire states of Oklahoma and Louisiana.

    Tim Maxson, COO of ERF Wireless, commented, "We are pleased to be working with the Assisted Energy team. This strategic partnership allows our Energy Broadband Inc. subsidiary to take advantage of economies of scale by providing more services from our vast terrestrial network down to the rig site inside the same footprint with the added benefit of reduced support costs. We are constantly looking for ways to reduce our costs while at the same time increasing our value to the customer. Being the exclusive reseller of Assisted Energy products in these oil- and gas-rich areas supports ERF Wireless' strategic goals of providing excellence and value to our customer base."

    Nick Mackie, COO for Assisted Energy LLC, commented, "We have a unique lighting solution that provides partners such as ERF Wireless with cost-effective solutions for the end user that are far superior to competitors' products that require intensive support and greater expense to operate. ERF Wireless is clearly the broadband communications leader in the oil and gas industry and so we were eager to work with a company that aligns with our principles of operation as well as our core values of doing business."

    About ERF Wireless:
    ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Wireless Bundled Services, ERF Wireless Messaging Services and ERF Network Operations. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at http://www.erfwireless.com/ and http://www.energybroadband.com/ o. (ERFBG)

    About Assisted Energy:
    Assisted Energy LLC was established to provide, for lease or rent, environmentally friendly rigsite lighting solutions. Our products equip oil and gas jobsites with cost-effective, environmentally low-impact lighting solutions.

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