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Opticon Systems, Inc., (OSYS) Introduction and Update to Shareholders on Progress of Company

Posted on: Monday, 31 March 2008, 06:00 CDT

OptiCon Systems, Inc. (OTCBB: OSYS), a Network Management Software and Professional Services Company that enables medium and large companies to accurately and cost-effectively manage the physical and logical layers of their fiber and wire networks, released the following update to all shareholders regarding the company's progress to date:

"As investors are aware, OptiCon acquired the intellectual property of a business unit of Corning Cable that formerly serviced cable and telecom companies that had deployed fiber optics. Corning Cable developed, marketed and installed this software under the brand, OptiCon. Previous customers included Comcast, Charter, Adelphia and Sprint.

"As the first quarter of 2008 comes to a close, OptiCon is extremely pleased with the progress the company has made to date. We recently completed updating the current version of our software, to release 3.8.0.0, enhancing functionality and ensuring compatibility with the latest versions of Microsoft(R) and Oracle(R) software. Our internal testing has demonstrated that we are fully ready for effective deployment of this new product.

"The OptiCon Network Management Software is considered among the best and most cost-effective solutions for management and fault detection of fiber and wire networks. Our goal is to reposition OptiCon as the leader in this space, utilizing our previous customer base and leveraging new customers in this expanding market. The company's sales and marketing efforts have already commenced and a number of contract negotiations are now in an advanced stage. The management at OptiCon will continue to build shareholder value as we work to regain our leadership position in the global fiber optic management sector."

"We will also be releasing developmental information and a possible valuation, as well announcing our hire of Capital Pros Network to provide additional market coverage on our development. We are extremely excited about the future value we can bring to shareholders and the revenue prospects that OptiCon Systems, Inc. holds," stated Sadruddin Currimbhoy, OptiCon's CEO.

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan,""expect,""believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

 Media Contact:  jpappie@capitalpros.comwww.capitalpros.com Capital Pros Network 760-669-9521 Fax 760-281-9130  

SOURCE: OptiCon Systems, Inc.

Source: MARKET WIRE

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