Published: June 26, 2007
NexHorizon Communications Closes Sunrise Transaction
NexHorizon Communications, Inc. (OTCBB: NXHZ) announced today the Company has received the final audit from Sunrise
Television Networks, Inc. and its wholly owned subsidiary NexHorizon of
Colorado, Inc., subsidiaries of Sunrise Broadband Group Inc. The receipt of
the audit now enables NexHorizon Communications to acquire the entities.
Sunrise Television Networks provides cable TV and high speed Internet
service to approximately 1,000 homes primarily in Southeast Colorado.
In connection with the acquisition, the Company will be issuing 2,666,667
shares of its common stock to shareholders of Sunrise Broadband Group.
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (OTCBB: NXHZ) is focused on delivering
broadband solutions to rural communities through strategic acquisitions and
mergers accretive to its shareholders. The Company's strategic business
plan targets rural cable television system providers and synergistic cable
technologies to consolidate and upgrade, resulting in increased bandwidth,
improved reliability and customer service satisfaction building value for
its shareholders. NexHorizon is focused on delivering a true "triple play"
of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and
other advanced broadband solutions.
SAFE HARBOR STATEMENT
The Private Securities Litigation Reform Act of 1995 provides a safe harbor
for forward-looking statements made on behalf of the company. All such
forward-looking statements are, by necessity, only estimates of future
results and actual results achieved by NexHorizon Communications, Inc.
(NexHorizon) may differ materially from these statements due to a number of
factors. NexHorizon assumes no obligations to update these forward-looking
statements to reflect actual results, changes in assumptions or changes in
other factors affecting such statements. You should independently
investigate and fully understand all risks before making investment
decisions.
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