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LAS VEGAS, April 22, 2013 (GLOBE NEWSWIRE) -- Inova Technology (OTCBB:INVA), through its wholly owned subsidiary, Desert Communications, has announced that it has $900,000 of network solutions projects for Lowes.
Inova subsidiary, Desert Communications, has built and established a long relationship with Lowe's Market, a large supermarket chain headquartered in Littlefield, TX. Desert has completed network solutions projects for more than 30 different store locations throughout Texas and New Mexico. Lowe's Market recently acquired approximately 55 stores, making their total footprint 147 grocery stores throughout Texas, New Mexico and Colorado. As the new locations become remodeled and needs are assessed Desert will be involved in the infrastructure upgrades.
Inova CEO, Adam Radly, said, "We look forward to doing more projects for Lowes. The award and completion of these projects is validation of our ability to deliver enterprise network solutions to customers of all sizes. We are also looking forward to extending our solid track record in government projects to corporate projects."
Mr Radly also said that, "We are working through our backlog of network solutions contracts as quickly as possible. We have also started providing much more frequent updates regarding the commencement and completion of projects as we proceed."
Inova also launched its new website (
www.Inovatechnology.com ). Mr. Radly said, "The new site is much more attractive than the old site but, more importantly, it provides more detailed updates about our projects and will continue to do so on an ongoing basis."
Mr. Radly said, "We also expect to be able to provide an update regarding our new backlog in the near future."
The majority of the projects in the current backlog are network solutions projects for government customers in the Texas area. The backlog includes more than 15 customers and consists of a combination of both new and previous customers. The larger projects are network solutions projects for Ft Worth and Dallas School Districts. These projects do not represent all of Inova's revenue for any given period. They only reflect a portion of the revenue generated by Desert Communications and exclude revenue from its other subsidiary, Trakkers.