QualityStocks would like to highlight
5BARz International, Inc. (
OTCQB: BARZ), engaged in the design, development and global commercialization of new technologies that enable cellular network carriers to improve the connectivity performance endemic on their networks and provide clear, high-quality signal for their subscribers. By addressing the global demand for high-quality service, 5Barz seeks to capitalize on the minimum market opportunity of approximately $27 billion created by subpar cellular infrastructure.
In the company’s news,
5BARz International is in a unique position to benefit from the gaps in the global cellular network. Cellular industry data shows that more than 3% of mobile subscribers leave one network for a competing network specifically because of poor signal quality, dropped calls and weak data. By addressing the global demand for high-quality service, 5Barz seeks to capitalize on the minimum market opportunity of approximately $27 billion created by subpar cellular infrastructure.
At the core of this mission is the company’s patented product technology, 5BARz™, a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz has incorporated this patented technology to create a highly engineered, single-piece, plug ‘n play unit that strengthens weak cellular signals and delivers high-quality signals for voice, data and video reception on cell phones and other cellular-equipped devices.
Current cellular network infrastructure is comprised of cell towers, cellular base stations, macro repeaters, micro cells, and many other “carrier grade” technologies and categories. 5BARz aims to revolutionize this network infrastructure with its one-of-a-kind and industry first 5Barz Network Extender™ product. This entirely new category will allow network operators the ability to position or “extend” a new and critical piece of their network infrastructure directly into the homes and offices of its subscribers to deliver a stronger, more reliable cellular single.
5Barz Network Extender was launched in February, 2014, in Barcelona during the Mobile World Congress, and garnered widespread and extremely positive feedback that confirmed the company’s belief that the industry is looking for a solution to improve coverage in poor coverage areas within their networks. 5Barz™ represents a critical solution with the potential to fundamentally change the way cellular carrier network infrastructure is designed and deployed to their billions of subscribers worldwide.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
