Wednesday, May 19, 2010

Juniper Group Announces New Contract with Industry Leader

BOCA RATON, Fla.--(BUSINESS WIRE)--Juniper Group (JUNP:OB) announced today that pursuant to a Master Service Agreement signed in early March with an industry leader that has designed over 34,000 towers and is licensed in all 50 states, its wholly-owned telecommunications subsidiary has been awarded a substantial contract for tower modifications in the Massachusetts market.

The requisite training for this customer, the country’s sixth largest telecommunications engineering and infrastructure provider, was focused on tower upgrades and modifications, and was successfully completed by late March.

Vlado P. Hreljanovic, President and CEO said, “This contract for over $134,000 represents what we hope will be only the first of many sites this year and the beginning of a long and successful relationship between our two companies. We have prepared extensively for this opportunity, and will put forth every effort to maintain and exceed customer expectations.”

Safe Harbor

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management’s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov%2F&esheet=6298310&lan=en_US&anchor=www.sec.gov&index=1&md5=2d7e8c68fbf4297b0558924001418d9b.

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