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AV1 Group Receives Revenue Potential of $2.5 Million as Result of Being Selected by City in Michigan to Design Their Smart City TransitionSAN DIEGO, June 1, 2017 /PRNewswire/ -- AV1 Group, Inc. (OTC Pink: AVOP), a publicly traded investment and holding company announced today that the Company, through a wholly-owned subsidiary XFIRE Smart Systems, in another partnership with Apollo Smart Lights, a provider of intelligent LED lighting solutions, has been chosen by a major city in Michigan that wants to become a Smart City. They have chosen the Company to design and implement the comprehensive system, technology and financing solutions with an initial estimated order of approximately $2,500,000. Apollo will manufacture the lighting product for the projects. The system and technology will include lighting, camera surveillance and wireless and smart grid networks. Apollo LED Series has the capability to provide street-wide wireless access for many different applications. The Apollo Solutions design has the ability to have an all-in-one housing that incorporates a wireless MESH radio to allow remote access and monitoring of infrastructure but also allows for secure access for the following applications: Wireless Camera and Lighting Control Smart Parking Meters Utility Meters Picocells Lisa Landau, Director of Lighting, stated, "Our wholly-owned subsidiary 'XFIRE Smart Systems', was chosen for its expertise in the 'Smart City' emerging worldwide marketplace. The cities have asked us to design and thereafter implement, the comprehensive system, technology and financing solutions. We expect more cities to follow." For more information, please visit our corporate site: http://www.av1group.com. Visit us on Facebook: https://www.facebook.com/AVOPGroup/. Investors Hangout is the only authorized Investors blog page for AV1 Group, Inc. About AV1 Group, Inc.: Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE AV1 Group, Inc |