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Industry Press Releases >> U.S. Wireless Online to Acquire Skyline Broadband
28/7/2005 - U.S. Wireless Online to Acquire Skyline Broadband
LOUISVILLE, Ky., July 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- U.S. Wireless Online, Inc. (UWRL); (website: www.uswirelessonline.com), which owns and operates one of the nation's largest wireless Internet broadband networks, today announced that it has entered into an agreement to acquire DHR Technologies, Inc. DBA Skyline Broadband (website: www.slbb.com).
Founded in 2000 and headquartered in Fort Myers, FL, Skyline Broadband has recently purchased several competitors and created one of the largest independent Internet Service Provider Networks in Southwest Florida. The company offers a variety of broadband internet options as well as web-hosting and network security services. Skyline currently has approximately 600 commercial and SOHO wireless broadband customers representing approximately 4,400 users, over 10,000 hosted domains and approximately 2,000 non-wireless internet access customers.
"We are very excited to be moving into the Florida market," commented Rick Hughes, CEO of U.S. Wireless Online, Inc. "We intend to aggressively market our bundled wireless voice and data service offerings in the state and have selected an excellent point of entry with Skyline Broadband."
"We believe the two companies have a bright future together," stated Richard Williamson, President of Skyline Broadband. "U.S. Wireless has taken aggressive steps in the past several months to build a team which combines innovative technology and a strong support network. I look forward to implementing new marketing strategies as we work to expand the wireless broadband market in Florida."
About U.S. Wireless Online, Inc.
U.S. Wireless Online owns and operates one of the nation's largest wireless Internet broadband networks with a coverage area of approximately 3,000 square miles in an eleven state area including Mississippi, Alabama, Louisiana, Tennessee, Arkansas, Texas, Kentucky, Georgia, Pennsylvania, Ohio, Indiana and Florida. The Company provides wireless Internet access and related applications in the rapidly growing wireless broadband industry. U.S. Wireless Online is headquartered in Louisville, Kentucky, where it also owns and operates a carrier-grade network operations center (NOC). More information can be found at www.uswirelessonline.com.
This press release contains certain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Factors that could cause or contribute to such differences include, but are not limited to, market acceptance of products and technologies, competitive factors, the Company's ability to continue to secure sources of financing and other factors described in the Company's filings with Securities and Exchange Commission. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.
For more information on U.S. Wireless Online, Inc. please visit the Company's website at www.uswirelessonline.com or call (502) 213-3717
SOURCE U.S. Wireless Online, Inc.
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