ERF Wireless Inc (ERFW.OB) Jumps Up 21% on $1M Contract News
Shares of ERF Wireless Inc. (OTCBB: ERFW) jumped up today after news of its $1 million contract with First Federal Bank of Louisiana. In early trading today, ERFW was up 6 cents (21 percent) to 41 cents per share on volume of 545,405 shares.ERFW announced today that its ERF Enterprise Network Services subsidiary has contracted with First Federal Bank of Louisiana to supply bandwidth transport across US-BankNet, ERF Wireless' new, fault-tolerant encrypted enterprise-class wireless banking network. First Federal's seven-year US-BankNet contract, which also includes a number of renewal provisions that could extend it up to 25 years, is in addition…
