SmartVideo and ICOA Sign National Live and On-Demand Video Distribution Agreement
December 13 2005 - 8:00AM
PR Newswire (US)
WARWICK, R.I., Dec. 13 /PRNewswire-FirstCall/ -- ICOA, Inc.
(OTC:ICOA) (BULLETIN BOARD: ICOA) , a national provider of wireless
broadband Internet networks, today announced that it has signed a
national distribution agreement with SmartVideo Technologies
(OTC:SMVD.OB) (BULLETIN BOARD: SMVD.OB) . Under terms of the
agreement, ICOA will offer SmartVideo's live and on-demand video at
ICOA owned and operated hotspots, including those using the
LinkSpot and iDock brands. In addition, ICOA will offer SmartVideo
content to its wholesale customers as a new offering by ICOA
through its operating companies. With a combined retail and managed
footprint of over 1,500 locations, ICOA hotspot users will have
live and on-demand mobile video content available for their laptop
computers, cell phones and PDAs. The service is expected to be
available beginning early in 2006. "We are pleased to be able to
offer our customers SmartVideo's live and on-demand video," said
Rick Schiffmann, CEO of ICOA. "This will provide us with an
additional revenue stream, as well as providing a new and exciting
service as we continue to expand our managed services offering."
"ICOA's rapidly expanding footprint is very attractive to us," said
Richard E. Bennett, Jr., president and CEO of SmartVideo. "It has
become increasingly important for people to obtain news and related
information as it is happening, and our relationship with ICOA will
help to ensure that our mobile society has access to high quality
content everywhere." About SmartVideo Technologies, Inc. SmartVideo
Technologies offers the first and best-in-class services for
broadcasting live, on-demand and download-and-play television
content for mobile video consumers around the world. SmartVideo's
television solutions deliver sharp video images with fully synched
audio for broadcast to video- enabled cell phones and other
handheld devices, via current and next- generation cellular and
Wi-Fi systems. SmartVideo's proprietary technologies include a full
suite of television content management services for wireless telco
carriers as well as content owners, to provide an end-to-end mobile
television broadcast and business solution. SmartVideo's robust
library of content includes news, weather, sports, children's
programming and more, from such leading international brands as ABC
News, NBC Universal, Fox Sports, The Weather Channel and dozens of
others. SmartVideo's mobile video solutions provide exceptional
image quality on all existing 2.5G and Edge cellular networks, and
near-broadcast quality on 3G and Wi-Fi networks. SmartVideo is a
Microsoft Windows Media(R) 9 Series Certified Hosting Provider. For
additional information and to subscribe to SmartVideo's Live TV
content packages visit http://www.smartvideo.com/ or using your
smartphone visit http://www.windowsmedia.com/mobile. About ICOA,
Inc. ICOA, Inc. is a national provider of neutral-host wireless and
wired broadband Internet networks in high-traffic public locations.
ICOA provides design, installation, operations, maintenance and
management of neutral, common-use 802.11x standard WLAN Wi-Fi hot
spot and hot zone infrastructure throughout airport facilities,
quick-service restaurants, universities, travel plazas, marinas,
hospitality and municipal/hot zone locations. ICOA owns or operates
over 1,500 broadband access installations in high-traffic locations
across 45 states. For additional information, visit
http://www.icoacorp.com/. To subscribe to ICOA's email alert
system, please send an email to: news- . For more information
regarding ICOA, contact ICOA CEO Rick Schiffmann at (401) 352-2360
or email . The foregoing contains "forward-looking statements,"
which are based on management's beliefs, as well as on a number of
assumptions concerning future events and information currently
available to management. Readers are cautioned not to put undue
reliance on such forward-looking statements, which are not a
guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside ICOA's
control, that could cause actual results to differ materially from
such statements. For a more detailed description of the factors
that could cause such a difference, please see ICOA's filings with
the Securities and Exchange Commission. ICOA disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. This information is presented solely to provide
additional information to further understand the results of ICOA.
DATASOURCE: ICOA, Inc. CONTACT: Rick Schiffmann, CEO of ICOA, Inc.,
+1-401-352-2360, Web site: http://www.icoacorp.com/
http://www.smartvideo.com/
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