Corridor Communications Corporation Completes Its New Wireless Link to Stayton, Oregon and Begins to Build a New Tower Site in F
June 21 2004 - 6:30AM
PR Newswire (US)
Corridor Communications Corporation Completes Its New Wireless Link
to Stayton, Oregon and Begins to Build a New Tower Site in Falls
City, Oregon Company Continues Expanding Its Coverage Adding an
Additional 15-Mile Range to the West and Has a New 100-Foot Tower
2nd Location 15 Miles East Furthering Its Reach to the Un-Served
Rural Markets MOUNTAIN VIEW, Calif., June 21 /PRNewswire-FirstCall/
-- Corridor Communications Corporation (OTC:CORR) (BULLETIN BOARD:
CORR) has just completed steps in expanding its wireless Broadband
Service both east to the Cascades and west to the Pacific Coast.
Each of the new areas will be served from the main Salem, Oregon
Tower at Prospect Hill with 5.7 GHz / 54mbs backhauls connected to
tier one fiber backbone. The expansion will help the company
fulfill it mission of providing service at competitive price points
in areas where no other broadband service is available. The
additional coverage area comes with no increase in bandwidth cost
or overhead and the company will be offering T-1 service burstable
to 8mbs. The additional access points will increase the company's
ability to serve many hundreds of additional homes and businesses.
Paralleling this deployment Corridor began its first apartment
complex (MDU) installation. Corridor is the exclusive high-speed
broadband provider deploying 100% hookup on a bulk billing bases to
the property owner. Corridor provides high-speed wireless Internet
services in a contiguous and ubiquitous service area known as a
HotZone serving homes, business and roaming users. Corridor will
continue engage in contractual negotiations to provide broadband
service to the nearly 200 apartment complexes in Salem, Oregon.
"Blazing trails and establishing Corridors HotZone wireless
Broadband service to new areas is of top priority in the early
stages of our business plan. Our favorite profile of a new area is
one that broadband is not available and dial-up options are long
distance. That makes Corridor the only option and when we give our
new subscribers wireless connectivity outside their hometown we are
winning a lot of loyalty and new customer referrals," said J.
Michael Heil, Chief Executive Officer of the Company. Scott Mac
Caughern, Chairman of Corridor Communications Corporation stated,
"The future value of this company will come through the deployment
of our wireless broadband service in dozens of cities and towns and
by providing solid and desirable connectivity at the right price.
Whenever we can expand our service area and customer base without
adding cost we know we are making good business decisions. Also, as
we launch our business into MDU's and we can get contracts with a
bulk billing and exclusivity to the property we are just hitting
nothing but home runs on the business field of success. About
Corridor Communications Headquartered in Mountain View, California
with Operations in Salem, Oregon, Corridor Communications, Inc. is
an integrated wireless Internet service provider (WISP) offering
high-speed Internet and data services, to residents and businesses.
The Company plans to implement a growth-through-acquisition
strategy by targeting small to mid size Dial Up Internet Service
Providers (ISP) in areas underserved by current broadband options.
The growth strategy will also focus on creating partnerships with
existing hot spot management companies while building company owned
hotspots to create ubiquitous coverage or "Hot Zones" that
encompass entire cities. Corridor's IP-Based technology supports
all hardware meeting Wi-Fi 802.11(x) standards operating in an
unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and can be
deployed far less expensively than comparable copper and cable
technologies. The company also plans to leverage its network build
out for other services that may include voice and video. For more
information about Corridor Communications, please visit the
Company's web site at http://www.corridorcommunications.com/ .
"Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: This release contains forward-looking
statements that are subject to risks and uncertainties, including,
but not limited to, the impact of competitive products and pricing,
product demand and market acceptance, new product development,
reliance on key strategic alliances, availability of raw materials,
the regulatory environment, fluctuations in operating results and
other risks detailed from time to time in the company's filings
with the Securities and Exchange Commission. Our forward-looking
statements are based on currently available information which
management has assessed but which is dynamic and subject to rapid
and even abrupt change due to risks and uncertainties that affect
our business, including the unpredictability of future revenues and
limited visibility into future demand on which to base our
forecasts; the current uncertainty in our marketplace which may
impact expected demand, customer selection criteria and sales
cycle; our ability to execute on product deliverables and major
customer contracts, slower economic growth generally, slower
adoption of broadband technology, or cutbacks in information
technology spending; and factors beyond our control such as power
outages or work stoppages at key customers. CONTACT: Scott Mac
Caughern of Corridor Communications Corp., +1-650-961-5707, or .
DATASOURCE: Corridor Communications Corporation CONTACT: Scott Mac
Caughern of Corridor Communications Corp., +1-650-961-5707, or Web
site: http://www.corridorcommunications.com/
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