MANALAPAN, N.J, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTCQB: SNPW) announced that Street Smart Outdoor Corp a wholly owned subsidiary of Sun Pacific Holding Corp contracted with The state of Rhode Island Transportation Authority.
"Street Smart Outdoor Corp. has formally signed a ten year contract with the state of Rhode Island Transportation Authority to manage and sell advertising space on over 700 bus shelter faces which serve the local residents of Rhode Island" said Nicholas Campanella, CEO of Sun Pacific Holding Corp. "We are proud of our accomplishment which has taken several years.
We will be providing a sustainable initiative while offering a cost-effective state of the art technology with our roll out of smart transportation kiosks for local residents." Our contract is for ten years with a five year option which we successfully obtained through an RFP as the successful responder, the contract was previously held by Lamar Outdoor Corp. LAMR (NASDAQ)for over twenty years where they generated millions of dollars per year, we feel that this will be a great addition for our company and for our stock holders to be working with a forward thinking state agency.
The Global Outdoor Advertising Market Report and Forecast 2017-2022 $37.7 Billion Market - Research and Markets, This year, marketers will spend more than $400 million to put their messages on bus shelters and street benches alone.
About Sun Pacific Holding Corp.
Sun Pacific Holding Corp. (OTCQB: SNPW) uses management's knowledge and experience to serve its customers and now its shareholders through quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology. For more information, visit www.sunpacificholding.com.
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