BW1015 NOV 10,1999 3:00 PACIFIC 06:00 EASTERN
( BW)(NY-WINSTAR-COMMUNICATIONS)(WCII) Winstar to Provide Taylor
Simpson Properties With Advanced Broadband Telecommunications
Services
Business Editors
NEW YORK--(BUSINESS WIRE)--Nov. 10, 1999--
Services Offered in 23 New Taylor Simpson Buildings, With Two
Designated as Hub Sites
Agreement Extends Existing Relationship, Bringing Total to 41
Buildings
WINSTAR COMMUNICATIONS, INC. (NASDAQ:WCII) and THE TAYLOR SIMPSON
GROUP, a privately-held real estate investment trust (REIT) based in
New York City, today announced an agreement under which Winstar will
provide advanced high-speed communications capabilities to 23
additional Taylor Simpson buildings in New York, Atlanta, Miami,
Minneapolis, Detroit, Dallas and Tampa.
The agreement extends an existing relationship between The Taylor
Simpson Group and Winstar, bringing the total number of buildings
serviced to 41, and the total number of HUB sites to four. Two of the
23 new buildings have been designated as Winstar HUB sites, providing
state-of-the-art broadband services to both Taylor-Simpson properties
and other major office facilities located in the vicinity of the HUB
buildings. Winstar is offering its fixed wireless broadband
communications services, including high-speed Internet and data,
Web-based information and local and long distance services, to Taylor
Simpson's commercial tenants.
"In order to effectively compete in the real estate market, we
must provide our tenants with a broadband infrastructure that enables
high-speed Internet access as well as data and voice services," said
Laurance Kaufman, an asset manager with The Taylor Simpson Group.
"Working together with Winstar, we are able to better serve our
customers by increasing their choices for fast and reliable
communications services at affordable prices. Winstar's end-to-end
broadband network differentiates our properties from the competition."
"Winstar gives property managers the necessary technology to
market their buildings as `e-buildings,'" said Richard Uhl, president
of Winstar for Buildings. "Advanced communications capabilities are a
highly-desired and attractive amenity that improves visibility in a
competitive marketplace."
Winstar works with commercial building owners and managers to
provide tenants with a range of state-of-the-art telecommunications
services through its national broadband network. Buildings can be
quickly connected to Winstar's fixed wireless network, giving tenants
swift access to a wider choice of providers for local and long distance
phone service, Internet, video conferencing, data applications and
other advanced telecommunications and data services.
About The Taylor Simpson Group
The Taylor Simpson Group is a New York-based, privately-held real
estate investment trust (REIT), with a portfolio of real estate assets
consisting of 46 office properties totaling over seven million square
feet. The office properties are located in primarily six different
states: Georgia, Minnesota, Michigan, Texas, Florida and New York.
About Winstar
Winstar Communications, Inc. (www.winstar.com) helps companies
around the globe engage in frictionless business through the use of
seamless communications and technology. Winstar provides its customers
with a complete set of high-quality, digital-age broadband
communications services -- including high-speed Internet and data,
Web-based information and local and long distance services.
Winstar offers these services in more than 70 markets throughout
the U.S. and in Europe, Asia and South America. It is the largest
holder of broadband fixed wireless spectrum, with licenses in the top
60 U.S. markets and in 10 international markets. Winstar's broadband
fixed wireless capabilities complement and extend the reach of its
extensive fiber network. The company's long-haul fiber network --
which supports IP (Internet Protocol), ATM (Asynchronous Transfer
Mode) and frame relay -- will extend more than 16,000 route miles
and cover all of the top 60 U.S. markets. Winstar's intracity fiber
network will extend nearly 6,000 route miles in over 60 major
domestic and international markets.
Winstar's Tier 1 Internet backbone and enhanced Web service
offerings, including Web hosting and design, make Winstar one of the
largest Internet companies in the U.S. The company's innovative
applications enable businesses to take advantage of the new Internet
economy. Recently, the company launched Office.com,
A Service From Winstar(SM), (www.office.com) a premier Internet
destination site designed to bring the best of the business Web to the
desktop.
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements
that involve risks and uncertainties, which are described in Winstar's
SEC reports, including the 10-K for the period ended December 31,
1998, and the 10-Q for the period ended June 30, 1999.
Winstar is a registered trademark, and Wireless Fiber and Office.com,
A Service From Winstar, are service marks of Winstar Communications,
Inc.
--30--eb/ny*
CONTACT: Financial Community:
Daniel Briggs
Director, Capital Market Relations
(212) 792-9032
dbriggs@winstar.com
OR
Press:
Marianne Steiner
Vice President, Corporate Communications
(212) 792-9021
msteiner@winstar.com
OR
TAYLOR SIMPSON CONTACT:
Laurance Kaufman
Asset Manager
(212) 632-6900
KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET NETWORKING
SOFTWARE TELECOMMUNICATIONS
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