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Wialan Technologies Builds New WIFI Prototype Application, Expands Board of DirectorsApplies for New Patents to Accommodate National and International Market Expansion (October 14, 2013)
SUNRISE, FL -- (Marketwired) -- 10/14/13 -- Wialan Technologies (OTC Pink: ACYD), a next generation telecommunications provider, today announced that they have retained, Ruben Alcoba from Alcoba Law Group as their patent lawyer and are proud to announce that they filed the first of four new patents. This particular patent is on the revolutionary new Beach Public Address Wireless Early Warning System ("WEWS", Patent Application# 14050516).
WEWS is a new product that was developed at the request of various safety and municipal officials from various beach and park management organizations that required a new tool to help maintain the safety of the public. The unit contains an intelligent Public Address system consisting of a loudspeaker capable of carrying an emergency message across long distances, wireless high resolution Internet Protocol video surveillance equipment, and commercial grade wireless internet capabilities. The device is housed in Wialan Technologies patented hermetically sealed box and can be driven by solar power with a backup battery to ensure functionality even in cloudy weather. The device can be controlled remotely, via laptop, tablet, or cell phone.
The new product was unveiled last month in Clearwater Beach, FL to nine municipalities and was exceptionally well received by all of the representatives present; Pinellas and Manatee County were the first to request further demonstrations of the functionality of the device, Clearwater has requested a proposal to cover the entire beach with the system. The remaining six municipalities, including Miami Dade County, expressed interest and are in talks for further demos. Two more demonstrations have been scheduled; the next one is scheduled for the 23rd of this month in Coquina Beach, FL and talks for another demonstration in Haulover Beach in Miami are in progress.
"This new Intellectual Property significantly enhances Wialan Technologies intellectual portfolio," said Victor Tapia, the patent inventor and Vice President of Wialan Technologies. "Imagine a WEWS unit on each lifeguard tower at every beach across the country, think of the lives that can be saved."
"This new product addresses the need of an untapped market, one which we hope to satisfy immediately," commented Timothy Peabody, Chief Executive Officer of Wialan Technologies. "The market opportunities for every beachfront community and park are enormous, especially when you consider the possibilities of all of the international waterfront applications," concluded Mr. Peabody.
In other recent developments regarding the OTC filing status, Wialan Technologies has retained the services of Lawrence Press, CPA and Morgan Petitti, Esq. to assist with all the necessary processes to become current with the OTC filings as well as the name/ticker change.
In further actions to expand the professional management team, Wialan intends to add two new members to the board of directors. The candidates under consideration include a national real estate development and construction professional and a well-recognized entrepreneur with multibillion dollar national and international connections.
About Alcoba Law Group
A small boutique intellectual property law firm serving clients out of Miami, Florida. The Firm's founder, Ruben Alcoba, has practiced law in South Florida for the past 14 years and has filed over 150 patents and over 600 trademark applications. The Firm litigates matters in State and Federal Coast Courts. The Firm has vast experience in intellectual property. The Firm prides itself in helping startup companies with their intellectual property needs, whether patent, trademark, copyright, or corporate matters.
For more information about the Alcoba Law Group please visit, www.miamipatents.com.
About Morgan E. Petitti
Morgan is a corporate and securities attorney specializing in the rendering of Rule 144 legal opinions directed to issuers, transfer agents, brokerage firms, debt purchase and conversion, service agreements, promissory notes and non-shell status.
In her representation of smaller private and public, reporting and non-reporting, companies, she also prepares OTC Markets Group Inc. Attorney Letters with Respect to Current Information, SEC filings, corporate formation and state of domicile filings/documents, FINRA Issuer Company-Related Action Notification Forms, along with DTC Eligibility legal opinions.
Relating to the day-to-day operations of an issuer, she styles corporate resolutions, service agreements, letters of intent, releases, non-disclosure/non-solicitation agreements, debt and share purchase agreements, subscription agreements, promissory notes and merger/acquisition agreements.
About Lawrence Press CPA
Larry has over 23 years of accounting and financial reporting experience as a practicing accountant and also 23 years with the Internal Revenue Service and the United States Department of the Treasury. He holds a bachelor's degree in business administration and master's degree in accounting from New York University (NYU). Larry served his country admirably and received both a Purple Heart and Bronze Star for his service in the US Air Force during the war in Vietnam
Wialan, a next generation Wireless telecommunications provider, is poised for exponential growth from their 5 years of successful R&D, sales and installations of their impressive WIFI solutions spanning 10 countries. They have established a track record of successful installations in airports, municipalities, apartment buildings, parks, marinas and other locations that require a superior and more robust communication footprint than conventional WIFI providers. Among the outstanding features available with Wialan's wireless 802.11n 300 Mbps solutions is the capability of real-time live color video streaming for many simultaneous end-users, which can help companies with video on demand services, like Netflix, Hulu, etc, to deliver their services wireless without using the Internet.
Safe Harbor: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
For additional information, visit the website below or contact the undersigned directly:
Wialan Technologies LLC
Chief Executive Officer
Copyright @ Marketwire
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