Press Releases

Fortran Corporation Announces Successful Completion of 21 North Carolina School Technology Upgrades

Conover, North Carolina, October 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire—FortranCorporation (OTC: FRTN), an emerging telecommunications technology systems integrator, is pleased toannounce that our subsidiary, B and L Telephone has been busy this summer upgrading the capabilitiesof twenty-one (21) schools in three Western North Carolina counties.

“These upgrades will greatly enhance the abilities of these 21 schools to provide services to theirstudents and faculty,” stated Fortran President & CEO Glenn Withers.

School projects require the work to be done during the summer to minimize interruptions to theeducational process. B and L employees stepped up and completed these upgrades on time and onschedule while maintaining our normal relationship with our other customers.

About Fortran Corporation:
Fortran Corporation is a telecommunications system integrator dedicated to designing, implementingand maintaining complex communications solutions. Fortran is comprised of engineering and design,network service, sales, remote monitoring, and on-site services. Fortran’s subsidiary companies includeComconexx, LLC, M & B Communication, LLC, B and L Telephone, and Fortran Communications.

Each of our subsidiary companies is in the process of converting their historical and traditional telecombusiness models to a TaaS model. With our subsidiaries’ ability to offer these moderntelecommunication technologies, we believe that companies and organizations requiring upgrades,expansion, or replacement of existing equipment will be able to realize significant savings compared toaging copper or wired digital infrastructures.

Companies can now integrate their voice platform with data network technology to improvecollaboration and usability. Our subsidiary companies offer one-stop service and products to provideorganizations with the very best in both value and quality for communications and data networkservices.

For more information contact us at: info@fortrancorp.com. Visit us at www.fortrancorp.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Statements and information contained in this communication that refer to or include Fortran’sestimated or anticipated future results or other non-historical expressions of fact are forward lookingstatements that reflect Fortran’s current perspective of existing trends and information as of the date ofthe communication. Forward looking statements generally will be accompanied by words such as“anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,”“guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or othersimilar words, phrases or expressions. Such forward looking statements include, but are not limited to,statements that companies and organizations requiring upgrades, expansion, or replacement of existingequipment will be able to realize significant savings compared to aging copper or wired digitalinfrastructures. It is important to note that Fortran’s plans, objectives, expectations and intentions arenot predictions of actual performance. Actual results may differ materially from Fortran’s currentexpectations depending upon a number of factors affecting Fortran’s business. Factors that could cause or contribute to such differences include, but are not limited to, fluctuation in operating results, theability of Fortran to compete successfully and other events. These factors also include, among others,the risks associated with the COVID-19 pandemic and related public health measures on its business,customers, markets and the worldwide economy; the inherent uncertainty associated with financial andother projections; the anticipated size of the markets and continued demand for Fortran’s products; theimpact of competitive products and pricing; changes in generally accepted accounting principles;successful compliance with governmental regulations applicable to Fortran’s facilities, products and/orbusinesses; changes in laws, regulations and governmental policies; the loss of key senior managementor staff; and other events, factors and risks previously and from time to time disclosed in FortranCorporation’s filings with the OTC Markets Group Inc. including, specifically, those factors set forth inany “Risk Factors” section contained in such fillings.

Contact: Glenn Withers Tel: 828-324-4611 Gwithers@fortrancorp.com

Get Started