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Release Date: 8/5/2005
LOUISVILLE, Ky., Aug 04, 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 IPOutlet, (website: www.ipoutlet.com).
Located in Columbus, OH, IPOutlet's data center encompasses 26,000 square feet. The facility serves as a primary location, disaster recovery site, and secondary location for its many corporate users. Access to the facility is available via key card and PIN security systems 24/7/365, with all entry and exit points monitored via closed circuit television. The facility is equipped with state-of-the-art environmental and power resources, including thirteen 20-Ton HVAC units configured for N+1 redundancy, 3,000 amps of AC power, true online Uninterruptible Power Supply (UPS), Transient Voltage Surge Protection (TVSS) and a one megawatt standby generator capable of seven days run time on current load without refueling.
IPOutlet offers co-location services, high-capacity broadband connectivity, IP traffic engineering, security services, infrastructure management services, web hosting, disaster recovery services, Virtual Private Networking (VPN) and other customized business solutions.
IPOutlet's founder and COO, Charles Edward Bourne II, believes the acquisition expands the capabilities of both companies. "The addition of IPOutlet's resources to U.S. Wireless provides a solution set that is unique in the industry. Our facilities based approach combined with U.S. Wireless's extensive product, service and support offering will allow us to provide complete customized infrastructure, telecom and technology solutions to companies of any size."
"IPOutlet combines state-of-the-art facilities with highly qualified and motivated managers whose experience ranges from multi-national corporations to start-up companies," commented Thomas J. Busic, COO of U.S. Wireless Online, Inc. "IPOutlet's unique combination of resources is unparalleled in the region and we are proud to welcome them to the U.S. Wireless family of companies."
About U.S. Wireless Online, Inc.
U.S. Wireless Online, Inc. 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 and Indiana. 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 is 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.
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