Rich Multimedia Technologies Inc. (“RMT”) has issued an additional purchase order for 400 Smart Antennas for installation into bus systems in Mexico and airports located in the United States. This shipment is expected to be completed during January 2018 as we receive shipping instructions from RMT. It is expected that 260 Smart Antennas will be installed into buses and transit stations located in Mexico, with the balance installed in US airports. Payment for this order, as well as for the original shipment of 100 Smart Antennas installed in US airports is anticipated by mid-January 2018.
Initially, these networks will involve commercial messaging only, with Security Alert Messaging (“SAM”) to be added once fees are confirmed with the end-client. Security registration fees for the airports are expected to fall within a range of $5-10 US per subscriber.
As more details are available for release, we will issue a press release.