SACRAMENTO, Calif., Jan. 24, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Intelligent Highway Solutions, Inc. (OTC PINK:IHSI) announced today that the new strategic alliance with Bravatek Solutions, Inc. has created new and exciting revenue opportunities that the company plans to take full advantage of in the coming months.
Devon Jones, CEO of Intelligent Highway Solutions stated, "Through our partnership with Bravatek, we have been introduced to the management team at HelpComm, a company that specializes in telecom and electrical services projects. In early February, we will be traveling to their headquarters to discuss joint venture projects with them in both California and North Carolina. The synergies are strong between our two companies and we feel strongly that this new relationship will yield exciting new revenue opportunities in the multiple millions of dollars."
Intelligent Highway Solutions recently announced that their subsidiary, Fazync Corporation will become an integral part of the Tripac Systems Phase Angle Synchronization (PAS) rollout that allows utility companies to recycle wasted electricity. The Bravatek team and Dr. Cellucci specifically will work with IHSI to create and develop new accounts in the energy/utilities industry.
Mr. Jones finished up with, "Dr. Thomas Cellucci, Bravatek's CEO was instrumental in helping us to align ourselves with HelpComm and will play a consulting role as we coordinate and implement our working relationship with HelpComm. In addition, Dr. Cellucci will be traveling to our Sacramento headquarters next month to learn more about the PAS units and discuss how his company can help facilitate the growth of Fazync Corporation. We could not be more pleased with this working relationship and look forward to the positive impact all of this will have on our company."
About Intelligent Highway Solutions, Inc: From full turn-key general contracting, to LED lighting retrofits, HVAC and temperature control upgrades to solar renewable energy systems, Intelligent Highway Solutions, Inc. provides technology driven solutions for commercial, industrial, and municipal facilities. Our subsidiary, Fazync Corporation is responsible for the installation, monitoring and maintenance of the Tripac Systems Phase Angle Synchronization (PAS) rollout that allows utility companies to recycle wasted electricity. In addition, our subsidiary, Cresent Construction, located in Concord, North Carolina is a full-service general contractor providing design, installation and construction management services.
Forward Looking Statements: Any statements contained herein that are not historical facts are "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. These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.
Contact: Paul Knopick
Pknopick@eandecommunications.com
940.262.3584