The new contract awards are from both new and existing clients. The work orders are predominantly for infrastructure projects as carriers upgrade their networks for 5G wireless services throughout
“We continue to see strong demand for our professional services as demonstrated by continued new orders,” said
“Since acquiring
“By integrating CCT, battery users can dramatically extend the service life of a battery while increasing charging efficiency – notably lowering the lifetime cost of a battery system. We believe this is a transformational technology and look forward to rolling this technology out into the marketplace alongside our established tier-1 customer base.”
About
Spectrum’s patented energy management solution, Crystal Control Technology (CCT®), uniquely prevents lead sulphate crystal buildup, a primary cause of lead-acid battery failure. Integrated in the form of a microchip in the battery lid, CCT improves battery capacity, longevity and charging efficiency while concurrently reducing the lifetime service costs of a battery system. To learn more, visit the Company’s website at https://spectrumglobalsolutions.com/.
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
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