CHECK THIS OUT.....LAKO
LAKO@$.26=DSL High Speed ISP/IP voice Telephoney+ Gas+ Oil.
nologies, Inc. (OTCBB:LAKO) announced: it will spin-off its oil and gas holding company to focus on its technology subsidiaries, 2-Infinity.com and AirNexus, Inc.
the spin-off of the oil and gas holding company and the planned merger of 2-Infinity and AirNexus, Inc. will allow us to focus exclusively on our digital bundled services strategy. We have shrugged off the business incubator model and can now concentrate on the further development of our strategy to offer Digital Bundled Services via DSL (Digital Subscriber Line) service.
2-Infinity.com is a provider of digital bundled services for both residential, commercial, multi-tenant, and hospitality markets worldwide over DSL. 2-Infinity.com utilizes technology that allows high-speed networking, digital cable, phone service and Internet access through twisted copper pair or (POTS).
AirNexus, Inc. is a retail provider of commercial voice and data services with emphasis on wireless or "ethernet" networks.
offering a true integrated suite of voice, data and Internet services on one single cable plant. AirNexus is one of the leading providers of the new 3Com NBX 100, product of the year by CTI Magazine for 1999 and the Maisoft Office Messenger, also product of the year by CTI Magazine for 1999
AirNexus, Inc. is a Houston-based provider of commercial voice; Internet services and Internet telephony solutions provider. it has have signed a contract with Ziplink, Inc. (Nasdaq: ZIPL - news) to begin offering Digital Subscriber Line-based (DSL) high speed Internet access nationwide. The agreement with ZipLink allows us to begin offering multi-location businesses a true voice networking solution. With the 3Com NBX 100 LAN PBX, we can give any business a cost-effective solution to voice networking multiple locations across the Internet with DSL Services, As of today, AirNexus has an accumulated a client base of over 100 active customers. The company believes it has an edge over its competition, because its core business -- telephony -- gives it the expertise and credibility to offer true, integrated suite of voice, data and Internet services, which are delivered across wireless Ethernet. The company has recently signed agreements with 3Com and Maisoft, Inc., both agreements in the area of Voice over IP technology.
Other leading companies focused on DSL services include Northpoint Communications (Nasdaq:NPNT - news), Rhythms NetConnections (Nasdaq:RTHM - news), and Covad Communications (Nasdaq:COVD - news). Traditional telecommunications companies that are offering or planning to offer high-speed services in the future include SBC Communications (NYSE:SBC - news), Bell Atlantic (NYSE:BEL - news), Excite At Home (Nasdaq:ATHM - news) and US West (NYSE:USW - news). And, local companies currently providing high-speed access include Clearworks.net (OTCBB:CLWK - news).
Investor Information:
Symbol: LAKO
Shares Outstanding: 35,932,581
Free Trading Float: 14,441,016
Restricked Stock: 21,491,565
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