Los Angeles, April 26, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company’s wholly owned subsidiary, WebRunners business unit, has completed agreements for dual 10 GB high-speed fiber optic interconnections into the Irvine Spectrum data center from downtown Los Angeles.
Kettle said, “This expansion provides WebRunners with direct access to thousands of office buildings throughout Southern California. Our customers will have the added security of complete redundancy in the event of any catastrophic event”.
Henry Clarke, CEO of WebRunners commented, “As we prepare for the grand opening of the new 21-story, 426,000 sq. ft. office building at 200 Irvine Spectrum Drive, in Irvine, CA, this increased redundancy will give our growing list of customers increased confidence in the reliability of our data center and VOIP services. With this advanced access to a supra-regional Internet backbone, WebRunners’ speeds will increase, and our already low-cost-leading prices will go down.”
GAWK’s business plan includes acquiring selected data centers in small population centers and, as a service to the major telcos, offloading and storing the immense amount of data generated each day from cellphones, millions of sensors in cars, appliances, cameras, and personal fitness trackers. According to the New York Times, March 14, 2016, “each month the world’s one billion cellphones throw off 18 exabyte’s of data, translating to 17,600 billion thick books.” The Times article further states that IBM’s estimate is that by 2020, there will be 44 zettabytes, a thousand-fold number next up from exabytes.
It is estimated, the Times article says, that 1.3 billion employees will be working on mobile platforms by the end of 2016, accounting for 37 percent of the total workforce. GAWK’s global footprint extends into 21 countries reaching 100 million people each month and 31 Major Cities for Cloud and Edge Data Center Services. Kettle said,
GAWK’s annual revenue has recently spiked to just under $6 million, as a result of its recent acquisitions, which include Connexum, Net-D Consulting and WebRunners, Inc.
The Company has identified 21 possible additional data center acquisitions.
About GAWK, Inc.
GAWK, Inc. offers a suite of cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to small, medium, and large businesses; and offers domestic and international voice services to communications carriers worldwide. It offers a suite of advanced data center and cloud-based services, including fault tolerant, high availability cloud servers, which comprise platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via Ethernet or fiber at speeds ranging from 10 Mbps to 10 Gbps; and data center solutions, including cloud services, colocation services, and business continuity services, such as storage and security. www.gawkinc.com
All statements in this release that are not strictly historical facts are “forward-looking statements.” Such forward-looking statements are based on GAWK’s current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK’s actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as “expect,” “plan,” “possibility,” “offer,” “if,” “negotiate,” “when,” “believe,” “will,” “estimate,” “continue,” and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK’s ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK’s public filings with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in GAWK’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK’s website (http://gawkinc.com) under the heading “Investor Relations.” GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
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