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Rental Property Installation Release
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Futura Internet Launches Purchase of Broadband Wireless Equipment to Link Cabot and Little Rock
IVI Communications, Inc.: IVI Communications, Inc. Subsidiary, Futura Internet, Launches Purchase of Broadband Wireless Equipment to Link Cabot and Little Rock, Arkansas WEDNESDAY, FEBRUARY 28, 2007 03:55 AM Cabot, Arkansas, Feb 28, 2007 (M2 PRESSWIRE via COMTEX) -- IVI Communications, Inc. (OTCBB: IVCM-NEWS; German WKN# A0DNWJ) announced today that its wholly owned subsidiary, Futura, Inc. has purchased equipment needed to establish a high capacity wireless broadband Internet access link between Little Rock and the City of Cabot, Arkansas, over 20 miles away. "We are extremely excited about installing and testing this equipment in the next thirty days and we are looking forward to making our Lickity-SplitSM wireless broadband Internet access available to customers in Cabot in early April." stated Francis Allen, President of Futura, Inc. Futura is purchasing the Motorola Canopy Access Point and Customer Premise Equipment (CPE) and antennas from its sister company, IBC Wireless (www.ibconsulting.com), an IVI Communications subsidiary. A backhaul link will be established between the twenty-one story Union Plaza building in Little Rock, Arkansas and Futura's 175-foot tall tower at its Cabot, Arkansas site. "We have a waiting list of customers and will deploy the first fifty installations "Lickity-Split." stated Francis Allen, President of Futura, Inc. "The viability of this business model was proven by our Boone, North Carolina subsidiary, AppState.net. AppState provides wireless Internet access to over 90% of its customer base and provides Internet access via a 21 mile wireless link to another ISP in West Jefferson, North Carolina." stated Charlie Roodenburg, CFO of IVI Communications, Inc. About IVI Communications, Inc.: IVI Communications (www.ivcm.net) subsidiary, IBC, has successfully deployed fixed wireless networks throughout the southeastern United States. AppState.net, a subsidiary located in Boone, North Carolina, is a broadband ISP providing fixed wireless services to over 90% of its customers. Futura, Inc. is in the initial stages of deploying a fixed wireless network in areas surrounding Little Rock, Arkansas with plans in place to complete a statewide network. IVI plans to deploy WiMAX fixed wireless broadband Internet access and offer broadband services such as VoIP and Internet based entertainment services to rural towns across America. Safe Harbor This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. WWW: www.ivn.net CONTACT: IVI Communications, Inc. Investor Relations Tel: +1 707 444 6617
IVI Communications, Inc. Launches Lickity-Split(SM) Fixed Wireless Broadband
IVI Communications, Inc. Launches Lickity-Split(SM) Fixed Wireless
Broadband
Los Angeles, California, PR Newswire-First Call- IVI Communications,
Inc. (OTC Pink
Sheets: IVCM-NEWS - News)
announced today the launch of Lickity-Split(SM), its
national broadband Internet service.
Lickity-Split(SM) wireless broadband will be marketed, delivered and supported by IVCM’s owned and operated locally branded ISPs and local ISP affiliates. IBC Wireless, a wholly owned subsidiary of IVCM, will survey, engineer, and install the Lickity-Split(SM) systems. Nyhl Henson, CEO of IVCM explained, "While broadband Internet access penetration has exceeded 50% in the major metropolitan markets it lags far behind in rural communities, averaging less than 5%. In towns with a population less than 10,000, broadband internet access may simply not be available." Mr. Henson stated, "We believe that this market niche will prove to be lucrative for the Company. The opportunity exists now! With the acquisition of IBC and the strong relationships that we have developed with leading fixed wireless equipment manufacturers such as Motorola Canopy and Alvarion, IVCM is ready to implement its plan to deploy Lickity-Split(SM) branded networks throughout America."
Charlie Roodenburg, COO of IVCM stated, "One of the key elements of our plan is the strength of a local presence in each Lickity-Split(SM) market. Lickity-Split(SM) customers will enjoy the benefit of local support from an established local brand." Jim Hollis, President of recently acquired IBC Wireless said, "Lickity-Split(SM) was tested and is now being deployed in the Boone, NC market by IVCM’s recent acquisition, AppState.net." IVCM has also initiated an engineering survey with the intent of designing and installing a wireless "pure-play" network in a rapidly developing affluent suburban market in the southeastern United States. This market encompasses 450 square miles and over 100,000 households. Nyhl Henson explained, "This is not a speculative effort, we have a customer and a funding source that has commissioned this survey. We have identified similar opportunities in Kansas, South Carolina, and eastern Tennessee." About IVI Communications, Inc. IVI Communications’ first objective is to acquire up to 50,000 dialup subscribers in strategic tier-three markets across America. IVCM will operate the ISPs under the local brands but implement administrative centralization to achieve economies of scale and to generate cash flow. In conjunction with the acquisition of dialup ISPs, the Company will launch Lickity-Split(SM), a nationally branded wireless broadband service. It is the Company's goal to grow up to 250,000 subscribers over the next three years through both aggressive marketing and ISP acquisition. The Company plans to significantly increase revenue through conversion of many of its dialup customers to its nationally branded fixed wireless broadband service. Safe Harbor This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Contact: IVI Communications, Inc.6171 W. Century Blvd., Suite 130 Los Angeles, CA 90045 p 310-216-7740 f 310-216-7747 www.ivn.net Source: IVI Communications, Inc. |
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