On 24th October’14, BrilliantPennyStocks.com initiated coverage on WLAN. The stock moved up by 66.67% since the coverage was initiated.
Internet service solutions provider WIALAN TECHNOLOGIES (OTCMKTS:WLAN) saw its share price jump up by nearly 45.83% during trading on 29th October. The sustained increase in investor confidence in the penny stock is driven by series of positive announcements which were released by the firm in the previous month.
Wialan Wi-Fi Tech To Be Used
In Mid September, WIALAN TECHNOLOGIES (OTCMKTS:WLAN) had announced that its cutting edge wireless technology (Wi-Fi) which allows users to use internet across large locations has been chosen as a infrastructure provider at the Ft. Lauderdale Boat Show, which is slated to open on 30th October. The Conference is scheduled to end on 3rd November. The firm was chosen as a Wi-Fi service provider by Yachting Promotions, Inc., DBA Show Management. The tech firm has been tasked with laying out a secure and highly available Wi-Fi hotspot feed which would cover the entire Ft. Lauderdale Boat Show area.
Additional Surveillance And Phone Facilities Also Being Showcased
The tech firm has also been contracted to provide holistic camera surveillance of the entire show area by using its wireless internet protocol. The camera network would be able to provide high definition visuals of the show area to security personal in real time from multiple locations. The tech firm has also let it be known that it would be showcasing to public its recently launched “Wi-Fi phone (VOIP) solution” which is designed to work on its patented Wi-Fi protocol platform.
Tech Demonstration Being Pursued Over The Years
Over the years, WIALAN TECHNOLOGIES (OTCMKTS:WLAN) has been positioning its Wi-Fi solutions as an ideal cost effective fit for making internet available in large buildings like Hotels, Stadiums, Malls and Apartments. It had successfully demonstrated the whole range of its Wi-Fi beaming infrastructure during the St. Pete Boat Show held in December of 2013.
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