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Averox Inc. Announces Contracts With Warid Telecom International

Posted on: Monday, 12 February 2007, 12:00 CST

Averox Inc. (OTCBB:AVOX) announced today that its Pakistan subsidiary, Averox Private Limited, has signed four contracts with Warid Telecom International, an Abu Dhabi-based mobile telecommunication firm providing GSM (Global Systems for Mobile Communications) telephony services in Pakistan. Averox Private Limited's Project Planning Division has been awarded contracts relating to Warid Telecom International's five stage rollout of more than 2000 BTS (Base Transceiver Stations) sites in the Northern Region of Pakistan including:

A Consultancy Agreement for Soil Investigation of Sites / Structural Stability of Buildings / Development of Structural Design and Drawings.

A Service Agreement for Site Acquisition for proposed Base Transceiver Stations (BTS) sites.

A Service Agreement for provision of Civil Construction Services on the acquired BTS sites.

A Supply Agreement for the provision and setup of equipment for the BTS sites in the form of towers, shelters and other equipment.

"We are very pleased to have been chosen by Warid Telecom International to assist in its development of a wide network of BTS in Northern Pakistan. Warid is an internationally recognized provider of state-of-the-art GSM services and support and we look forward to working with them," said Christopher Baker, Regional Director of Averox Private Limited and member of the Board of Directors, Averox, Inc.

"We chose Averox for its ability to take our BTS rollout from initial site investigation to complete setup and installation," said Hamid Farooq, Chief Executive officer of Warid Telecom. Averox' reputation for delivering complete telecommunications solutions on time and within budget was a major factor in our choice," he continued.

About Warid Telecom International

Warid Telecom International is backed by The Abu Dhabi Group, one of the largest groups in the Middle East. The group is led by HH Shaikh Nahyan Mabarak Al Nahayan who is also Minister of Higher Education and Scientific Research United Arab Emirates. Warid Telecom International currently provides GSM cellular services in Pakistan from its headquarters in Abu Dhabi, UAE. Warid Telecom International began operations in Pakistan in May 2005.

About Averox Inc. Averox Inc. (OTCBB:AVOX) is a publicly held independent provider of solutions and services in the domains of telecom engineering, telecom OSS and BSS and information technology. Its services mainly include offshore product development, application management, project management, program management, telecommunications network deployment, management, optimization and maintenance for small, medium and large enterprises. Averox, Inc. has two principal subsidiaries Averox Private Limited and Averox FZ-LLC.

This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Averox management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Averox as of the date of the press release, and it assumes no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect Averox' results of operations are detailed in the filings of Averox with the SEC.

Source: Business Wire

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