WESTMINSTER, Colo., June 17, 2009 (GLOBE NEWSWIRE) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ) today announced it has finalized plans to complete the next phase of its infrastructure growth in the Chula Vista, California market. Since the acquisition of the cable systems, management has been developing plans to build out 1200 miles of network to serve a minimum additional 30,000 homes in Chula Vista - East. The company has completed installation of the first two nodes and has begun marketing its Triple Play bundled services; Video, High-speed Internet and Digital Phone (VoIP). The entire project is scheduled to be completed over the next two years.
"We are expanding in California as we are in other states," Calvin Smiley, NexHorizon's CEO pointed out. "Rural communities across America need and want our ultra-modern communication services, and we are determined to be the leader in this field."
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (NXHZ) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008 NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC').In October 2008, NexHorizon Communications executed a definitive agreement to acquire certain assets and subscribers from Story Communications, passing more than 10,000 homes in the rural communities of Oklahoma. The transaction will close pending receipt of certain financial information for audit purposes. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
SAFE HARBOR STATEMENT
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.