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Press

Hammer Expands its SMS and Over-the-Top Services

07/16/2019

Hammer Fiber Optics Holdings Corp’s (OTCQB: HMMR) announced today that it has expanded its Over-the-Top services. The 1P-SMSC, offered by Hammer’s subsidiary, 1stPoint Communications continues to experience rapid growth, adding three new Hosted SMSC customers in the past month alone. Customers include a wholesale CLEC with over 50 million numbers for which 1stPoint will provide SMS enablement, a well established nationwide unified communications provider and a smaller regional service provider in the New York metro area. Hammer recently announced the expansion of its international messaging footprint, with coverage in markets such as Spain, France, the United Kingdom and Israel, where Hammer subscribers can enjoy voice, text, video, conferencing and collaboration capabilities. Hammer will be expanding its OTT offerings to include MMS capabilities in the coming quarter.


“The underlying platform for our Everything Wireless strategy, which includes our wholesale voice, wholesale SMS and hosting services will continue to provide revenue to Hammer as we finalize the construction of our fixed wireless networks in West Africa and the Caribbean,” said Kristen Vasicek, Hammer’s COO, who is responsible for marketing and product development for Hammer’s OTT services. “Our 1P-SMSC and related services provide high margin, sustainable revenue and are a critical part of our long term strategy to provide value to fixed wireless subscribers in the future.”

 

Hammer will provide high-speed fixed wireless services to its subscribers using its licensed patented Air© Technology and leverage its capabilities as a mobile network operator to provide value added services to its fixed wireless subscribers worldwide. “It is not only important to provide high speed access to customers in the West African, Caribbean and US markets, but also to provide services on that network that the global citizen will consume,” said Erik Levitt, Hammer’s CEO. “We have the opportunity to expand the traditional role of the Internet Service Provider in the digital age. We believe that enhanced services such as multi-media texting, RCS, mobile payment services, the next generation of crypto currencies and digital identity will be the domain of the network service providers in the long term. The underlying service provider has a distinct advantage in providing those services,” added Levitt.

 

 

About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.

 

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

 

 

 

 

  

Hammer Subsidiary 1stPoint Communications Recognized for Outstanding Unified Communications Product by ChannelVision Magazine

07/02/2019

Piscataway, N.J. July 2, 2019 –ChannelVision Magazine has awarded Hammer Fiber Optics Holdings Corp’s (OTCQB: HMMR) subsidiary, 1stPoint Communications, the 2019 Visionary Spotlight award for Enterprise Technology in Unified Communications. The 1P Collaboration Suite integrates voice, video and messaging (including email, chat and SMS) into a single turnkey platform where subscribers can create multi-way video conference across continents with the ease of pressing a few buttons on their smart phone. “OTT is an important part of our Everything Wireless strategy,” said Kristen Vasicek, Hammer’s COO, who is responsible for the marketing platform behind the 1P Collaboration Suite as well as ongoing product development. “As we build out fixed wireless networks in Sierra Leone, the Caribbean, Alabama and other markets in the United States and West Africa our subscribers not only need bandwidth, but also critical communications services like voice, video and texting.”

 

Hammer’s ‘Everything Wireless’ strategy has four pillars: high speed fixed wireless, mobility, Over-the-Top technology and Smart City. “We are very excited to win this award,” said Erik Levitt, Hammer’s CEO. “The channel is an important source of leads for Hammer in the long term, particularly in markets like Huntsville, Alabama and recognition of our capabilities is key to maintaining confidence in our services. We thank ChannelVision for their consideration.”

 

Hammer continues to expand its messaging footprint, having recently completed several interconnections to Tier One international carriers. Powered by its subsidiaries, which includes a US based mobile network operator, Hammer can rapidly grow its OTT network. International two-way messaging capabilities now include European countries such as Spain, France, Portugal, the United Kingdom and Asian markets such as Israel. “Hammer brings greater value to its subscribers by providing more over-the-top services such as voice, texting, video, conferencing and collaboration capabilities. The global citizen will consume those services more as we proceed to build the next generation of networks,” added Vasicek.

 

ChannelVision:

https://www.grnewsletters.com/archive/channelvision_magazine_full/2019-VSA-Winners-635758904.html?e=&s=5YxD4t

 

About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.

 

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

 

Hammer Fiber Optics Holdings Corp Announces Third Quarter Financial Results

06/17/2019

Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced operating and financial results for the third quarter ended April 30, 2019. “This was a strong quarter for Hammer and we are very pleased with our results,” said Erik Levitt, Hammer’s CEO. “We have completely integrated the acquisitions from the second quarter and made significant progress in Sierra Leone and Dominica and our recent announcement regarding the US market provides a road map for our operations moving forward.”

Key results include:

  • Total revenues for the quarter increased to $1,071,212 from $56,550, a 1894% increase versus the same quarter in the prior year.
  • The net loss from operations for the quarter decreased to $77,883 from $1,019,505, a 93.4% decrease versus the same quarter in the prior year.
  • The company attended a number of high profile events during the period, including Mobile World Congress in Barcelona, the Pacific Telecom Council and a number of other carrier industry events which contributed to $83,889 in extraordinary marketing expenses.
  • 1stPoint Communications, Endstream Communications, Open Data Centers and Shelcomm are consolidated and accretive to Hammer’s Q3 results
  • The announcement of our market deployments in Huntsville, AL, Homewood and Birmingham, AL, Sierra Leone and various Caribbean markets
  • The progression of the construction of our networks in Sierra Leone and Dominica
  • Recent enhancements to the SMS/Messaging network and increased international coverage

“We continue to add customers to both our retail and wholesale networks,” said Kristen Vasicek, Hammer’s COO. “As we complete construction in our international markets we will begin to see organic growth from our Hammer Wireless division while we pursue expansion of the underlying platform.”

“During the second and third quarter Hammer executed on its plans and demonstrated its commitment to the Everything Wireless strategy,” said Mark Stogdill, Hammer’s founder and CTO. The strategy consists of four pillars: high speed fixed wireless technology using Hammer’s patented AIR™ technology (“wireless fiber”), mobility, OTT technology including SMS messaging, and Smart City. The underlying platform of Everything Wireless is Hammer’s wholesale voice and wholesale SMS networks and its data center hosting facilities. “Because of the unparalleled range and speed of Hammer’s AIR Technology and its ability to operate across a very wide range of frequencies, Hammer is uniquely positioned to provide high speed services in markets where other technologies are inefficient,” added Stogdill.

About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

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