LAKO - ATLANTA--(BUSINESS WIRE)--Dec. 2, 1999--Houston-based
2-Infinity.com, a subsidiary of Lakota Technologies Inc. (OTCBB:LAKO),
announced today that it has signed a letter of intent with Ryko
Development to provide bundled digital Internet and telecommunications
services to 1,400 homes in the new Lakes of Eldridge subdivision in
Houston, Texas.
2-Infinity.com utilizes technology that allows high-speed
networking and Internet access through regular twisted copper
telephone cable, without disrupting or limiting telephone service.
Lakes of Eldridge residents will enjoy high-speed Internet access and
local phone service, for significantly less than $100 per month.
The homeowners in areas served by 2-Infinity.com will be able to
download files, telecommute, videoconference, browse the Internet and
play games significantly faster (up to 1 Mbps) than they would with
their old 28k/56k dial-up connections. Clients will get a secure,
dedicated connection that is theirs 24 hours a day, without the
hassles of dropped connections. Network solutions require no
additional wiring, which means a timely installation and fewer delays
for the consumer.
Traditional telecommunications companies offering or planning to
offer high-speed services in the future include SBC Communications
(NYSE:SBC), Bell Atlantic (NYSE:BEL), Excite At Home (Nasdaq:ATHM) and
US West (NYSE:USW). Local companies providing high-speed access
include Clearworks.net (OTCBB:CLWK).
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including without
limitation, continued acceptance of the Company's products, projects,
competition, completion problems, technological changes and other
unforeseen risks. 2-Infinity.com, a subsidiary of Lakota Technologies
Inc. believes its expectations are based on reasonable assumptions
within the bounds of its knowledge of its business and operations, but
gives be no assurance that actual results will not differ materially
from its expectations. 2-Infinity.com believes that its primary risk
factors include, but are not limited to: the need for substantial
financial requirements; the need to develop effective internal
processes and systems; the ability to attract and retain high-quality
employees; changes in the overall economy; changes in technology; the
number and size of competitors in its markets; changes in the law and
regulatory policy; and the mix of product and services offered in the
company's target markets.
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CONTACT: 2-InFinity.com Inc.
Jason Miller, 713/838-8853
miller@2-infinity.com |
