US Finance, Inc.® to Provide HALO CENTER $24 Million In Funding
Chicago, IL (PRWEB) April 22, 2014 -- US Finance, Inc., a global financial solutions company, announced today that it has issued a commitment to lend $24 million to Laser Light™ Global Limited, UK (“Laser Light™”) to build The HALO Center™, a laser communications test and evaluation facility. The center will be located in Reston, VA, with the funding commitment allocated for facilities, equipment and other corporate purposes that will render The HALO Center operational in late 2014.
“US Finance, Inc. is pleased to provide funding for what we believe is a revolutionary new form of worldwide communications,” said Phil Bianca, CEO and President of US, Finance Inc. “We are confident that The HALO Center™ and Laser Light™ have the ability to change the face of data communications globally from this day forward.”
Robert H. Brumley, CEO of Laser Light™, said the partnership with US Finance, Inc. for the initial funding commitment will enable Laser Light™ to open what they anticipate to be the first global, open-architected commercial test facility and Network Operating Center focused primarily on emerging next-generation Free Space Optics communications technology and operating solutions. “The HALO Center™ is intended to serve as our pre-launch test, demonstration and certification facility for vendor-supplied equipment and operating system for Laser Light™’s planned Global Hybrid Satellite-Terrestrial Optical Network™, currently scheduled for deployment in 2017,” Brumley commented. A competitive Solicitation for these network elements is anticipated this year.
Additionally, ABS Technology Architects was instrumental in the design of the facilities and the state-of-the-art architecture based on Cisco Systems, Inc. equipment for The HALO Center™. “The HALO Center™ design is intended to serve as an active, licensed ‘Point of Presence’ connected to the Global Grid through dual, fully redundant 100 G service rings, supported by on-site data storage, co-location and hosting capabilities,” according to Walker Dorroh, CEO of ABS Technology Architects. “The operational plan for HALO is to route global IP traffic through the Center’s 100G PoP, which will consist of a hybrid fiber-laser-fiber loop, thus validating free space optics performance and interoperability with current global optical network systems.”
“Working with our partners, ABS and CISCO, Integrity Applications, Incorporated (IAI) is proud to have played a key role in defining and developing Laser Light™’s HALO test & evaluation facility,” said Mike Rigo, Vice President for National Programs for IAI. IAI, an engineering and software services company contributed substantially to the architectural concepts, system constraints, network requirements as well as the technical and facility reference designs for The HALO Center™.
For further information on the funding commitment or to speak with Phil Bianca, President and CEO of US Finance, Inc., or Robert H. Brumley, CEO of Laser Light™, please contact Jess Loren.
About US Finance, Inc®.
US Finance, Inc. is a full-service financial organization dedicated to providing progressive financing options for today's advanced business environment. We provide debt financing for commercial real estate and equipment for middle to large market organizations. The staff of US Finance, Inc. has been providing quality financing for over 25 years. We work nationally with an ability to deliver global financing wherever the US can legally provide business assistance.
US Finance, Inc. is not a United States Securities Dealer/Broker or a US Investment Advisor. We are a Business-to-Business Consultant, General Corporate Advisor and in most instance a Private Investor. The information contained in this press release should never be considered a solicitation for securities for any purpose in any form or content.
About The HALO Center™, LLC
The HALO Center™’s mission is to be the first global, open-architected commercial test, evaluation & demonstration center for Next-Generation Free Space Optics communications technology. The HALO Center™ is intended to be a test, demonstration, and certification facility of the underlying critical elements for Laser Light™’s planned Global Hybrid Satellite-Terrestrial Optical Network. The HALO Center™ will also operate a Network Operating Center connected to the Global Grid, capable of simulating the anticipated performance of an all-optical satellite-terrestrial system, years prior to its deployment. The HALO Center™ design is based on a licensed, dual-ring, fully redundant, 100 G Carrier Class Fiber-Laser-Fiber PoP providing global IP routing, on-site data storage and colocation capabilities. HALO Center™ is a solely held subsidiary of Laser Light™ Global Limited, UK. For more information about The Halo Center™ contact Laser Light™ at [email protected].
About Laser Light™ Global Limited, UK
Laser Light™ Global Limited, UK intends to be the Owner, Operator of the World’s 1st Global Hybrid Satellite-Terrestrial All Optical Network System™. Laser Light™ is a registered company in the United Kingdom, and the parent company of The HALO Center™, LLC and Laser Light™ Communications, LLC, both US-registered Delaware companies.
About ABS
ABS Technology Architects is a Value Added Reseller (VAR) that provides advanced technology solutions for service providers, corporate, healthcare, educational and governmental organizations. ABS architects, implements and supports the most advanced technology solutions while providing unmatched service, and award-winning talent. ABS has long been considered one of the top solution partners in the United States with an emphasis on Cisco technologies. ABS is a Cisco Gold Direct VAR with practices on advanced technologies that include: data center / cloud, IP unified communications, (voice+video), contact center, WLAN / wireless mesh and advanced security solutions, etc. For more information, visit absnt.com.
About IAI
Integrity Applications Incorporated (IAI) is an engineering and software services company with a nationwide presence. Headquartered in Chantilly, Virginia, IAI also has offices in California, Colorado, Hawaii, Massachusetts, Maryland, Michigan, New Mexico, Ohio and Pennsylvania. Founded in 1999, IAI is a veteran-owned business that offers breakthrough products, services, and end-to-end solutions designed to provide commercial customers with a competitive advantage. To learn more about Integrity Applications Incorporated, visit http://www.integrity-apps.com.
Jess Loren, US Finance, Inc., http://usfinanceinc.com, +1 3124801085, [email protected]
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