[Able Telcom Retains Leading Investor Relations Firm]
The Financial Relations Board to Assist Company In Investor and Communications Programs
WEST PALM BEACH, Fla., March 9 /PRNewswire/ -- Able Telcom Holding Corp. today announced that it has retained The Financial Relations Board, Inc. to assist the Company in communications with stockholders, investment professionals, the investing public and media. The Financial Relations Board, founded in 1963, is the largest U.S. investor relations firm with approximately 250 personnel located across the nation.
Billy Ray, the Company's Chief Executive Officer, said, "We will look to FRB for both strategic counsel and tactical execution to raise awareness of the Company's business strategy. Much of our energies in 1998 was focused on completing the acquisition of MSF Network Technologies. In the coming year, we will focus on increasing Able's market share, by leveraging the Company's considerable construction expertise with MFS Network Technologies' project management leadership. FRB will aid the Company in broadening our visibility, increasing media awareness, and introducing us to a wide variety of research analysts and financial institutions."
Through FRB, the Company intends to highlight the potential and investment appeal of its businesses, especially Able's leadership role in automated traffic control systems, which recently won the Company a $58.9 million contract with the Virginia Department of Transportation. The project will consist of upgrading an existing traffic control center and integrating all devices through a central computer system.
SOURCE Able Telecom Holding Corp |
