O2 Secure Wireless Inc. (OTC PINK: OTOW) is pleased to announce that the highly anticipated O2 Wave Smart Phone will be released to the public on April 28th 2013.
Mr. Kazia states, "We have been diligently working with our global partners to expedite the release of the O2 Wave due to the high volume of indications, current negotiations we are undergoing with re-sellers and orders we have been receiving. We expect sales of our smartphones to reach 1 million units in first year of sales expecting to generate a minimum of $25 million in gross profit."
This revolutionary Smart phone uses an Android 4.1 platform, Dual SIM Dual standby, (NFC) Nearfield Communication Technology and the proprietary FIT security technology. This FIT technology is the first of its kind exclusive to the O2 Wave SmartPhone. The FIT technology is a fully functional retina and Facial Integration security Technology software program that can be implemented in a wide variety of security protocols. What it can do is allow a fully functional facial recognition application to be integrated into common security applications that otherwise might limited to advance installations such as military or government applications or something as simple as the phone scanning one's retina and facial features rather than entering a password to unlock the phone. The only way to be able to access the phone if lost or stolen would be to reload the OS thereby wiping out all personal information.
The applications of the software are very wide from school security systems alerting officials from un-authorized visitors or simple recognition of common business applications such as office buildings or any public access points. O2 intends on focusing on the banking industry and nationwide voter registration as the major end users of this technology. It has been reported that worldwide credit card fraud equates to 5.5 billion dollars annually in losses. O2 will look to implement the FIT technology heavily towards nationwide bank ATM machines as well as national retailer's point-of sale (POS) stations. And as recently acknowledged worldwide voter recognition can be taxing on any election with FIT technology discrepancies can be eradicated. Our technology is easily integrated with new or existing camera video system, or existing credit card and bankcard systems, and its quick subject identification allows for smooth transitions of customer transactions. No need to show print identification, the real facial recognition is proof.
As of June 2012, there were almost 322 million wireless devices in the U.S., and almost 41 percent of them were smartphones (almost 131 million in the U.S. today). We expect exciting new things this year from our company. The phones are absolutely fantastic and we expect to challenge the major brands. In the coming months we will begin releasing specifications on the phones and models and will be submitting samples for review by independent organizations. "I can personally state that every person who I have shown the 5.3" screen phone to wants to purchase one. Thank you for sharing in our success."
Company Overview: O2 Secure Wireless is responsible for the development of wireless Internet facilities across the U.S. The company's recent merger with Earthcom Service Inc. has triggered a stream of investment into underserved markets, including flat rate pre-paid wireless telecom services in developing countries, and the current O2USA MasterCard facility.
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SOURCE O2 Secure Wireless Inc.