DALLAS, TX -- (Marketwire) -- 05/11/12 -- TeleFix Communications Holdings, Inc. (PINKSHEETS: TLFX) is pleased to announce the closing of a Stock Purchase Agreement via Reverse Merger, which has been executed with Sierra Desert Holdings, Inc. (formerly BRZM). This acquisition will give the company a reorganized business model providing turn-key Telecommunications Services, serving the Wireless Infrastructure Development market, projected at $80 billion and growing, in the next two years. TeleFix will acquire considerable national and global market share in both private and public sectors in 4G deployments, DAS Networks, Public Safety Communications, and Broadband Infrastructure.
This investment, a milestone, will ensure and significantly boost TeleFix's financial ability to execute and leverage the rapid increase in demand for their vast technical expertise. Launched in 2010, the company has established several Tier 1 vendor relationships as a diverse supplier, including two of the largest corporations since its inception. The goal is to build their competitive edge, become a recognized industry leader, and partner with equipment manufacturers and carriers to optimize their networks, the ultimate goal always being, "The Satisfied End User."
Mezaun Norman, CEO and Founder, stated: "We believe that TeleFix has a strong future. Our objective is to invest in the development of our business and to expand through organic growth and acquisitions. We recognize that the diverse supplier chain has become as fundamental to the future of the wireless industry as wireless is to the world."
About TeleFix Communications Holdings, Inc.
TeleFix Communications, Inc. is a certified women business enterprise in the business of planning, designing, building, installing, and maintaining the networks for wireless communications.
To learn more please visit our website www.telefixcommunications.com.
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of the initiative and other cost-containment strategies, and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
Investor Relations Contact