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2/7/07 - TierOne Converged Networks Completes Core Installation on Both Water Towers and Begins Testing Broadband Wireless Mesh Network.

TierOne Converged Networks begins testing of WIFI Equipment and Data Center Infrastructure for the Broadband Wireless Network in the City of Red Oak, Texas. This will begin offsite Data Storage, 2.4GHz, 5.8GHz broadband connectivity for Municipal Buildings & 4.9GHz Mobile Connectivity Solution for Police and Fire Departments. TierOne will also offer Wireless Broadband access to all business and residents expanding Red Oak in the near future to include the cities of Glen Heights, Ovilla, Oak Leaf, Pecan Hill and Rockett.

TierOne Converged Networks is establishing win-win partnerships where the city agencies, school district, and citizens are offered best in class broadband connectivity services and develop a prosperous business environment that will foster growth for both the City and TierOne Converged Networks.

About TierOne Converged Networks
By harnessing a new generation of leading-edge wireless technologies TierOne Converged Networks is a next generation WISP (Wireless Internet Service Provider) and is on the forefront of IP Convergence with the build out of commercial real estate turning them into next-generation smart buildings while providing turn key solutions for both building owners and tenants.

The Company’s business focus is a two pronged approach:

1) TierOne’s Municipal Solution. Bridge the digital divide by targeting underserved areas that don’t have or have limited access to broadband services. The deployment of Secure Broadband Wireless Mesh Networks that will provide enhanced high-speed internet voice, and video to residential & business customers. While building our niche market for 4.9GHz Emergency Services, mobile/fixed wireless internet services to Municipalities and Independent School Districts.

*Multiple Applications that include Public Safety, Wi-Fi, Automatic Meter Reading, Video Surveillance, & Mobility.

2) TierOne’s Commercial Office Building Solution. This Solution finally offers building owners/managers the ability to profit from the “Fourth Utility”; at the same time offering tenants enhanced lower priced services, high-speed bandwidth, mobility solutions, IP communications, and maximum flexibility. Building owners/managers will also increase the bottom line with cost savings in energy, lighting & HVAC systems, building security & access.

*Please visit www.tieronecn.com to view the Connected Real Estate Solution videos under the “Solutions” page.
This news release may include forward-looking statements, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements contained herein.