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NexHorizon Acquires Cable Television Subscribers in Oklahoma WESTMINSTER, CO--(MARKET WIRE)--Oct 30, 2008 -- NexHorizon Communications, Inc. (OTC BB:NXHZ.OB - News) today announced
it has completed the acquisition of certain cable TV
assets and subscribers located in Oklahoma. The systems
provide cable
television and wireless Internet services to businesses
and residents in
Oklahoma representing approximately 6,200 homes passed.
The acquired assets
include upgraded network infrastructure to 550MHz. NexHorizon
will continue
to upgrade the infrastructure by adding digital video and
digital phone
(VoIP) services where possible. "The acquisition of the assets will provide the opportunity for NexHorizon to develop a footprint in Oklahoma and to acquire enough subscribers to begin realizing greater operating efficiencies," said Calvin D. Smiley, Sr., NexHorizon's CEO. "The Company has closed and is immediately managing the assets." About NexHorizon Communications, Inc. NexHorizon Communications, Inc. (OTC BB:NXHZ.OB - News) is a Multiple System Operator (MSO) focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan. SAFE HARBOR STATEMENT The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions. Contact: For more information contact:
Calvin D. Smiley, Sr.
303-404-9700
Investor Services
386-409-0200
Source: NexHorizon Communications, Inc.
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