We
are confident that with this passion, Digicel is the right partner
to grow
Haitian football. DEERFIELD BEACH, Fla.
The transaction is scheduled to close on
or before February 28, 2005 and
is subject to United States Bankruptcy Court approval and a hearing
regarding
the approval is scheduled for later this week. Thomas
in the U. Maarten in the Netherlands
Antilles, on St. "That is why the present Caribbean market
is ideal for Stewart Title.
tobago turks
Established in 1904, the Haitian Football Federation is one of the oldest
in the region. We are
very excited about launching in
Haiti and greatly enthused by the warm welcome we have been receiving
from the
community. The
Construction Division dredges harbors, builds marine facilities, constructs
golf courses and prepares residential, commercial and industrial sites,
primarily in the Bahamas
and the eastern Caribbean.
Stewart Title Eastern Caribbean provides a suite of products and services
that enhance the local Caribbean real estate transaction process. Kitts and Nevis, St.grenada tobago
It is the
largest GSM operator in the region.
Opportunities exist to consolidate the operations of DSS and
Adelphia
Security, and we are optimistic that DSS will benefit from an increased market
presence
as a result of this platform acquisition.
Adelphia's electronic security services operation being
acquired is a
leading provider of installation, monitoring and related security services to
commercial
and residential customers in Florida.
About Stewart Title Latin America
Stewart Title
Latin America through Stewart Title Eastern Caribbean now
has the exclusive right to serve as the
Stewart affiliate in Anguilla,
Antigua, Bonaire, Bermuda, Curacao, Dominica, Grenada, Guadeloupe
, Haiti,
Jamaica, Martinique, Montserrat, St. Stewart also provides post-closing lender services
,
automated county clerk land records, property ownership mapping, geographic
information systems
, property information reports, flood certificates,
document preparation, background checks and expertise
in tax-deferred
exchanges.caicos kitts
Visit http://www.com for more information on Digicel
Devcon Signs Purchase Agreement to Acquire Electronic Security Services Assets From Adelphia Communications
Corporation
Croix and St.
This newest Stewart operation joins a growing network
of Latin American
and Caribbean operations providing both international and local purchasers and
lenders with cutting-edge title and real estate information services.aruba bahamas
"
Digicel was awarded
a GSM license to operate in Haiti in June 2005. The
office's products and services include title
guarantees, escrow services,
closing coordination, online file management and other administrative
services
that are necessary for a Caribbean real estate closing.islands antilles
"
As a result of the partnership
and sponsorship investment, 16 football
teams and 550 football players from across the country will
begin competing in
Les Championnats de Digicel Division One. After taking into
consideration the
planned acquisition and DSS's existing security services
business, DSS would be providing security
services to more than 62,000
customers.barbados caicos
At a recent gala to celebrate the new partnership
between Digicel and the
Haitian Football Federation in Port Au Prince, Mr.
About Digicel
Since its launch in 2001, Digicel has become the fastest growing wireless
telecommunications
operator in the Caribbean.lease kitts
, Devcon International Corp. The assets to be acquired include a modern
, full-
service monitoring center located in Naples, Florida, from which more than
57,000 subscribers
' homes and businesses are monitored.Stewart Title Begins Operations in the Eastern Caribbean
HOUSTON, Stewart Title Latin America has
opened a new international operation with the establishment
of Stewart Title
Eastern Caribbean in Anguilla, British West Indies.
"We are committed to
providing developers, individual purchasers and
lenders with the products and services that will
make their Caribbean real
estate transaction process more secure and efficient," said Brad DeLoach
,
general manager, Stewart Title Eastern Caribbean. Lucia and
St.com .anguilla cayman
Digicel takes enormous
pride in becoming the official
main sponsor of Haitian football.8 million in cash, based substantially
upon estimated
contractually recurring monthly revenue of approximately $1. Sites may include, but
not limited to: agents and agencies, inspections, appraisals, and title services.
barbuda barbados
This category includes
links to sites focused on real estate, commercial or residential.
cayman barbados
Football fans that support their local
clubs throughout
Haiti will experience football action at the top venues in the nation and
through
interactive mobile technology that brings Haitian fans closer to the
game and to their football heroes
. Digicel intends
to expand to the French West Indies islands of Martinique, Guadeloupe and
French
Guiana with the acquisition of Bouygues Telecom Caraibe, subject to all
the appropriate and necessary
approvals.
(Nasdaq: DEVC) today announced that, in pursuit of its strategy to expand its
security
services division, Devcon Security Services Corp."
The estimated purchase price for the acquired
net operating assets is
approximately $42. These forward-looking
statements contain projections
of Devcon's future results of operations,
financial position or state other forward-looking information
.cayman grenada
Vincent and the Grenadines and Trinidad + Tobago. (NYSE: STC), a technology driven, strategically
competitive
, real estate information and transaction management company. More information can be found at http:
//www.kitts dominican
Affiliated to FIFA in 1933, they have been taking part in
regional international competition
- when circumstances allow - for near-on
three-quarters of a century. With
investments in the
region at US$1 billion, Digicel operates in 15 countries
across the Caribbean and employs over 1500
people of which 92 percent are
Caribbean nationals.
About Devcon
Devcon has three
operating divisions and an operating joint venture.
Martin in the French West Indies, on Puerto Rico
, and on Antigua in the
independent nation of Antigua and Barbuda.
"With the increased amount
of investment in the Caribbean real estate
market and repeated requests from our clients, this is
the ideal location for
a new Stewart operation," said Christopher Hill, general manager, Stewart
Title Latin America. Barts, St.lucia barbuda
By offering innovative wireless services and community support
, Digicel
has become a leading brand in the Caribbean and has placed the region at the
cutting
edge of wireless communications. The operation has been ranked as the
19th largest electronic security
services business in the United States by
Security Dealer Magazine.stewart.grenada jamaica
Historical
Investment Made in Multi-Million Dollar
Deal to Grow Haitian Football
PORT-AU-PRINCE, Haiti, Digicel, the fastest
growing mobile telecommunications operator in
the Caribbean that is preparing
to transform wireless communication services in Haiti, has announced
an
unprecedented multi-million dollar sponsorship agreement with the Haitian
Football Federation
(HFF). Ghada Gebara, CEO of Digicel Haiti. "From the
onset of being awarded a mobile license in
Haiti, we expressed our commitment
to make an important contribution to the growth and development
of Haiti's
economy and society.
The company is the lead sponsor of Caribbean sports teams
including the
West Indies Cricket Team, Special Olympics teams across the Caribbean and is
title
sponsor of the Digicel Caribbean Football Union Cup, which involves over
30 Caribbean countries and
is an important qualifier towards the CONCACAF Gold
Cup. These factors include, but are not
limited
to: general economic and business conditions; our business strategy
for expanding our presence in
our industry; anticipated trends in our
financial condition and results of operation; the impact
of competition and
technology change; existing and future regulations effecting our business, and
other risks and uncertainties discussed under the heading "Risks Related to
our Business" in Devcon
's Form 10-K report for the period ending December 31,
2003 as filed with the Securities and Exchange
Commission, and other reports
Devcon files from time to time with the Securities and Exchange Commission
.trinidad bahamas
digicelgroup. Ruzika, President of Devcon
and DSS, said, "The acquisition of Adelphia's security
services operation
would make DSS a leader in the Florida electronic security services market.2 million
. DSS will be funding the
transaction through available cash and a senior secured long-term debt
facility.S.barbuda caicos
Paul Berne, Haitian
Secretary of State for Youth, Sports and Civil Services, said
, "Digicel's
landmark investment in Haitian football marks a new era for the Football
Federation
and a very positive development for Haiti. Digicel will supply new equipment
and playing kits to
all league teams and referees as well as additional
training equipment for the National Senior Team
. In five years, Digicel has
become renowned for competitive rates, unbeatable coverage, superior
customer
care, a wide variety of products and services, and state-of-the-art handsets.
Lucia,
St. The
focus for Stewart Title Eastern Caribbean will be the development of Stewart
operations
throughout the English, French and Dutch-speaking Caribbean
islands.lease caribbean
You should not rely on
forward
-looking statements because Devcon's actual results may differ
materially from those indicated by
these forward looking statements as a
result of a number of important factors.antigua nevis
The operation has
sales and
services offices in Boca Raton, Bonita Springs, Miami, Naples, Orlando and
Tampa, as
well as in Buffalo, New York. In some cases
you can identify these statements by forward looking
words such as
"anticipate," "believe," "could," estimate," "expect," "intend," "may,"
"should
," "will," and "would" or similar words.
Devcon does not intend to and undertakes no duty to update
the information
contained in this press release. Stewart Information International has
an ownership
interest in Stewart Title Latin America.timeshare islands
The initial four-year partnership with the HFF is designed
to grow Haitian
football to its true potential in advance of Digicel's imminent launch in
Haiti
. Digicel's commitment represents the most significant, single corporate
investment ever made in
Haitian sport and in the National League's history. The company's passion
for delivering innovative
technology and providing superior mobile phone
services has earned Digicel phenomenal success over
the past five years.
"Investors in the Caribbean have been seeking secure title guarantees and
enhanced real estate services for some time," said John Benjamin, a solicitor
in Anguilla's capital
, The Valley. Vincent for real estate services.kitts caribbean
Digicel is incorporated in Bermuda and has operations
in fifteen countries
including Anguilla, Antigua + Barbuda, Aruba, Barbados, Bermuda, Curacao, The
Cayman Islands, Dominica, Grenada, Haiti, Jamaica, St Kitts + Nevis, St. The Materials Division
produces
and distributes crushed stone, ready-mix concrete and concrete block
in the eastern Caribbean with
principal operations on St."
Benjamin is a local partner of Stewart Title Eastern Caribbean,
which is a
subsidiary of Stewart Title Latin America Inc.
Stewart provides title insurance and
related information services required for
settlement by the real estate and mortgage industries through
more than
7,800 policy-issuing offices and agencies in the United States and
international markets
.timeshare caribbean
Digicel will connect with fans by producing multifaceted promotional and
viewing experiences
. The
new Security Services Division provides electronic security services to
commercial and residential
customers in selected Florida markets. Virgin Islands, on St.
antilles tobago
We welcome Digicel's participation in
the Haitian community
and look forward to a long and rewarding relationship.
Forward-Looking
Statement
This press release may contain statements, which are not historical facts
and are
considered forward-looking statements within the meaning of the
Private Securities Litigation Reform
Act of 1995.
About Stewart
Stewart Information International is a wholly owned subsidiary
of Stewart
Information Services Corp.
timeshares caicos
Digicel Announces Sponsorship of the Haitian Football
Federation
"Football is the passion of the nation and our involvement will encourage
great
performances, support future football legends, and play a role in
advancing the sport," said Ms.
("DSS") was the
successful bidder for certain net assets of Adelphia Communications
Corporation
's (OTC Pink Sheets: ADELQ) electronic security services operation,
Starpoint Limited Partnership
, and has entered into a purchase agreement with
Adelphia to acquire the operation.
In announcing
the successful bid, Stephen J. DevMat, an 80-percent-owned joint
venture, was formed in 2003 to build
, own and operate fresh water, waste water
treatment and power systems.trinidad lease
The
purchase price is
subject to adjustment, based primarily on the final
contractual recurring monthly revenue calculation
.antigua lease
A community sponsored library.
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