Earlier this week, a technology dealer responsible for developing next generation media services that integrate TV, high speed Internet and enhanced voice services known as Lyfe Communications Inc., recently revealed that in order to provide services to The Mayfair at Turtle Creek apartment complex in Dallas, Tex. it has signed an important contract.
This is a bulk contract that will extend the company's data services to each of the almost 150 customers in the apartment complex. In the first quarter of 2013, the services will be implemented and in line with the newly inked contract the company is allowed to service its customers through 2015.
"Bulk service contracts with apartment complexes and property management groups are a tremendous asset to the company because they allow us to provide services to each tenant in the property on day one," said Garrett Daw, EVP of Operations at Lyfe Communications, in a statement. Daw added that this deal represents contractual monthly revenues for every unit as well as the opportunity to offer additional services to an existing customer base.
Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company, and other factors detailed in the company's filings with the SEC (News - Alert).
Moreover, these forecasts speak only as of the date they are given mainly because the factors underlying company forecasts are dynamic and subject to change. The company is not responsible to update them however, it may choose from time to time to update them and if it should do so it will disseminate the updates to the investing public.
Through its wholly owned subsidiary, Connected Lyfe Inc., LYFE Communications operates as an application services provider of Internet protocol television (IPTV (News - Alert)), Internet services, and voice over Internet protocol (VoIP) telephone services in Utah.
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