BOCA RATON, Fla., March 17, 2011 (GLOBE NEWSWIRE) -- Juniper Group (OTCQB:JUNP) is pleased to announce that Hakan Wretsell has joined the Company as a consultant to assist in expanding its wireless telecommunication operations. Mr. Wretsell brings with him vast knowledge of our industry, talent in achieving sales growth and has a proven record in strong team building.
Mr. Wretsell has almost 20 years of experience in the wireless telecommunication industry with over a decade with Ericsson Mobile Phones, both domestically and internationally. During his tenure in the United States, with Ericsson Mobile Phones-Region Americas as Executive Vice President and General Manager reporting to the President of Ericsson Mobile Phones, the company's sales volume doubled to approximately $2.0 billion and its U.S. market share grew from 11% to 15%. He also has broad experience in the South American and Asian markets which underscores his vast international business acumen.
Of his association with Juniper, Mr. Wretsell said, "I am very excited to join Juniper and get involved in the U.S. market again. I see many vertical and horizontal opportunities for Juniper to grow both organically and through acquisitions. I look forward to helping to build a strong management team in order to avail Juniper of the opportunities in the fast growing wireless telecommunications market."
Vlado P. Hreljanovic, President and CEO said, "It is with great pleasure that we welcome Hakan Wretsell to Juniper. We anticipate that Mr. Wretsell will stimulate the organization in taking on new challenges. We believe we are in position to launch a new era of growth. Mr. Wretsell has extensive experience and success, both domestically and internationally, and will help guide us in this transition. We all wish him well here at Juniper, and look forward to new opportunities for the company ahead."
About Juniper Group, Inc.
Juniper Group, Inc. (OTCQB:JUNP) conducts wireless infrastructure services through its operating subsidiaries which primarily focus their activities in the Eastern and Central United States. Our intention is to be able to support the increased demand in the deployment of wireless infrastructure services with leading wireless telecommunication companies in providing them with maintenance and upgrading of wireless telecommunication network sites, site acquisitions, site surveys, co-location facilitation, tower construction and antenna installation to tower system integration, hardware and software installations.
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 ability to build a strong management team, expected growth trend, Mr. Wretsell's ability to stimulate the organization and our belief that we will launch a new era of growth. 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, that the addition of Mr. Wretsell will not have the anticipated effects 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.