News | November 28, 2017

Hammer Fiber Launches Initial Cloud Services Based On Dedicated Bare Metal Servers, Infrastructure As A Service (Iaas) Platform

Point Pleasant, NJ /PRNewswire/ - New Jersey based wireless and fiber network operator, Hammer Fiber Optic Investments Ltd., a subsidiary of Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) has launched its Dedicated Bare Metal Server IaaS platform today. This marks the company's entry into Cloud Services, adding a new vertical into their product portfolio.

Bare Metal services allow companies to build their own cloud system on Hammer Fiber's modern server infrastructure, fiber network and data center presences in some of the most secure buildings in the New York, New Jersey and Philadelphia area. Hammer Fiber's servers feature best in class computing power, paired with an all-flash array storage system providing the best in speed, reliability and efficiency. This service allows enterprise businesses the advantages of cloud based systems without losing the benefits of a corporate data center.

"We launched this service based upon feedback from current customers. As traditional cloud services prove to scale poorly for some businesses, Bare Metal offers a best of both worlds scenario for our current and future customers," said Daniel Corbe, Director of Network Operations. "The Cloud Services industry generated $130bn in 2017 and is expected to grow to $160bn by 2020. Hammer is in the perfect position to capitalize on this market and offer a true value service to our customers."

About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Source: Hammer Fiber Optic Holdings Corp.

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