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Lite Access Technologies Inc
Symbol LTE
Shares Issued 27,879,275
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ORIGINAL: Lite Access Technologies Receives $275,000 Purchase Order from Telecommunication Services of Trinidad And Tobago

2015-10-05 09:15 ET - News Release

(via Thenewswire.ca)

October 5, 2015 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce the receipt of a purchase order in the amount of approximately Cdn$275,000 from Telecommunication Services of Trinidad and Tobago (TSTT) . This order is for the provision of Lite Access microducting products required for a Fibre to the Home (FTTH) deployment in the Caribbean island of Trinidad and Tobago. This constitutes the third such sale in a successful business partnership between Lite Access and TSTT that will provide an additional 250+ homes with connectivity to the existing fibre backbone.

Michael Priest, CEO of Lite Access states, "We are very pleased TSTT has chosen to increase their fibre deployment using our best-in-class technology so they meet the ever-increasing demand for connectivity from their client-base. We greatly appreciate the long-term relationships that we have built with TSTT and other valued partners across the globe and look forward to providing them with the products and services they need to ensure that they can deliver the most "future-proof" network possible for their customers. "

About TSTT

Telecommunications Services of Trinidad and Tobago Limited (TSTT) is the largest provider of communications solutions to the residential and commercial markets of Trinidad and Tobago. TSTT is jointly owned by National Enterprises Limited (NEL) which in turn is majority owned by the Government of Trinidad and Tobago, and Cable & Wireless (West Indies) Limited, (C&W).

About the "Fibre to the Premise" and "Fibre to the Home" industry

Fibre to the Premise (FTTX) and Fibre to the Home (FTTH) , sometimes referred to as "the last mile", is the delivery of a communications signal over optical fibre from the operator's switching equipment all the way to a home or business, thereby replacing existing copper infrastructure such as telephone wires or coaxial cable. FTTX is a rapidly growing method of providing vastly higher bandwidth to consumers and businesses, and thereby enabling more robust video, internet and voice services.

Billions of dollars are being spent to upgrade communications systems and the demand for the Fibre-Optic cable manufacturing and deployment industry has surged as downstream customers upgrade infrastructure that was delayed during the recession. Wireless carriers are expanding their fiber-optic cable networks as more carriers upgrade their networks and consumers increasingly demand high-speed internet on their mobile phones, necessitating more fiber-optic cable purchases.

Communications Internet speed (or lack of) has been described by some industry experts as the single greatest economic issue facing North America today, and an ever increasing demand for bandwidth caused by streaming video and music services, smartphone usage, and consumers and businesses using cloud based and real time communication services has created a surge in investment into last mile infrastructure by internet service providers, businesses, government and educational institutions. The Fiber to the Home Council Americas states that "Fiber-enabled applications and solutions have the potential to create value for service providers and their customers, promote economic development and enhance quality of life for communities".

About Lite Access

Lite Access is a world leader in microduct and fibre optic technologies. Lite Access' proprietary microduct technology extends a network provider's ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, and Asia.

For further information please contact:

Lite Access Technologies Inc.
2180 - 21331 Gordon Way

Richmond, BC V6W 1J9
www.liteaccess.com

For investor relations please contact:

Rob Gamley

Phone: 1-604-689-7422

Email: rob@contactfinancial.com

Contact Financial Corp.

1450 - 701 West Georgia St.

Vancouver, BC V7Y 1G5

Forward Looking Information

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties described in the Company's Listing Statement dated May 26, 2015 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially form the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.

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