News | February 20, 2009

OptiCon (OPCN) Enters Exploding African Telecommunications Marketplace

Grapevine, TX - OptiCon Systems, Inc. announced recently that the Company has signed a non-exclusive Sales Representative Agreement with NDR Marketing CC of South Africa, to sell the OptiCon Fiber Management Software to local telecommunications companies in South Africa.

The growth of fiber network communications in South Africa is at its infant stage. The country has seen double digit growth over the past 2 years in voice and data demand and South Africa is aggressively working on fiber infrastructure to comply with the need for global communications as the country readies for the World Cup Soccer Tournament in 2010. Private investment into South African fiber networks has seen a tremendous increase with the market expected to grow ten-fold over the next 3-5 years. In addition, the national government, major cities and municipalities are committed to expanding fiber optic coverage to governmental office buildings, schools and outlying areas. The Governor of Gauteng province, the largest of South Africa's seven provinces with over 15 million people, announced in a speech this week, the government's commitment to fiber optic connectivity throughout the province.

"This agreement with NDR Marketing will give OptiCon the first entry into South Africa and an opportunity to sell its OptiCon Fiber Optic Management System to local telecommunications companies at a time when the country is in the process of expanding its fiber systems. NDR's expertise and knowledge in South Africa Telecomm market will give OptiCon a distinct market advantage and provide OptiCon the opportunity to introduce our superior software system into South Africa and the African continent. Through this agreement, South African telecommunication companies will have the most cutting-edge fiber optic network management system in the market today," stated Sam Talari, Chairman of OptiCon Systems, Inc.

SOURCE: OptiCon Systems, Inc.