Hammer Fiber announces expansion of IAAS server infrastructure in Atlantic City to support new DFS legislation
POINT PLEASANT BEACH, N.J., Jan. 3, 2018 /PRNewswire/ -- New Jersey based wireless and fiber network operator, Hammer Fiber Optic Investments Ltd., a wholly owned subsidiary of Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) announced today that it will be increasing its network infrastructure within the city limits of Atlantic City in support of growing demand from customers for server space located within the township. The increase in demand is largely in response to New Jersey's legislation regarding the online sports fantasy business. The new legislation requires Daily Fantasy Sports (DFS) operators to have physical hardware within Atlantic City town limits.
Hammer Fiber will begin to expand its server capacity as part of a plan to strengthen its overall network presence in Atlantic City. Hammer Fiber operates a wired and wireless network on Absecon island, delivering internet, voice and television services to both residential as well as small and medium business customers.
"Hammer Fiber is in a unique position to support customers' needs regarding this new legislation. We are excited to continue to develop flexible architecture solutions as well as helping to modernize Atlantic City's infrastructure," said Brian Snyder, Director of Corporate Strategy. "This is a market that can really benefit from the addition of critical infrastructure and our network growth there allows us to support new verticals both in Atlantic City and throughout New Jersey and beyond," Snyder said.
About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com or contact Frank Pena at firstname.lastname@example.org.
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 is in a unique position to support customers' needs regarding this new legislation. We are excited to continue to develop flexible architecture solutions as well as helping to modernize Atlantic City's infrastructure," said Brian Snyder, Director of Corporate Strategy.