Newport Digital Technologies, Inc. (NPDT.OB) to Participate in a $500 Million State and Federal Grant Program
Today at the opening bell, Newport Digital Technologies, Inc. announced it entered into a Letter of Intent with Orange County Department of Education (OCDE) for the opportunity to participate in a $500M State and Federal Grant program earmarked for schools and public areas that do not have wireless connectivity by the end of the second quarter. According to the press release, Newport Digital’s WiMax demonstration system will be reviewed by State and Federal Grant committees to confirm the benefits of the company’s WiMax solution and grant funds for deployment. Newport Digital launched the installation of a WiMax base station and…