LONGWOOD, Fla., March 13, 2018 -- Spectrum Global Solutions, Inc., (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network solutions, to the service provider (carrier) and corporate enterprise markets, has received over $1.2 million in new purchase orders in the last week. The customer orders are for engineering and audit of fiber networks. This work has commenced though our AW Solutions subsidiary, and the revenue will be realized in Q1 and Q2 of 2018.
Roger Ponder, CEO said; "These new orders for services confirm our status as a premier “go to” service and solution provider for clients needing to audit their fiber assets to support future small cell densification, distributed antennas systems (DAS) and 5G wireless technology projects. We anticipate seeing more of this activity during 2018." Mr. Ponder added: “This adds to our existing backlog of work and these new orders confirm our Company’s ability to meet the increasing demands of the enterprise and service provider markets."
About Spectrum Global Solutions, Inc:
Spectrum Global Solutions operates through its subsidiaries AW Solutions, ADEX Corp and Mantra Energy Alternatives. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean.
The Company’s subsidiary Mantra Energy Alternatives develops electrochemical technologies designed to make profitable the reducing of greenhouse gas emissions. For more information about the Company and its technologies visit the Company’s public filings at SEC.gov.
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.
CONTACT:
Investor Relations
Spectrum Global Solutions
561-672-7068


Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations
SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch
Novo Nordisk Raises 2025 Outlook Despite Wegovy Pill Miss and CagriSema Setback
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results
Jetstar to Charge for Overhead Cabin Bags From February
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised
Nintendo Shares Jump as Switch 2 Sales Boost Earnings
DeepSeek to Raise AI API Prices as Demand for New Models Surges
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns
Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth 



