BOCA RATON, Fla., March 14, 2011 (GLOBE NEWSWIRE) -- Juniper Group (OTCQB:JUNP) announced today that its wholly owned telecommunications subsidiary is in discussions to provide construction services to a leading cable provider in the Mid Atlantic region.
In this way, Juniper can expand its presence and service benchmarks beyond its present customer base. This particular cable provider operates the single largest cable cluster in the country, with over 5 million residential and commercial customers, providing advanced voice and internet utilizing its state of the art, fiber-rich cable network.
Vlado P. Hreljanovic, President and CEO, said, "We believe that now is a good time for us to try and diversify our portfolio of customers. While we continue to nourish the relationships formed from our wireless base, we believe that this growth into the cable market compliments our strengths and abilities as well. We look forward to further discussions, and as new opportunities in this market continue to increase."
Safe Harbor
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at http://www.sec.gov/blocked::http://www.sec.gov/">www.sec.gov.