High Speed Access Corp. to Open New Facilities in Louisville, Ky., and Denver Metro Areas
DENVER and LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 24, 2000--
New National Customer Care Facility to Add 500
High-Tech Jobs in Louisville Area
New Corporate Headquarters
Slated in Metro Denver
High Speed Access Corp. (HSA), a leading provider of high-speed Internet access via cable modems to exurban markets, announced today it will open new facilities in Louisville, Kentucky, and Denver, Colorado. HSA's new national customer contact facility and worldwide network operations center (NOC) will bring up to 500 new high-tech jobs to the Louisville area. The company has also signed a lease to consolidate its corporate offices, which employ approximately 250 people, in Denver, Colorado.
"We are excited to bring HSA's new, state-of-the-art customer contact facility to the Louisville area, which will be the primary worldwide NOC for the Company," said Dan O'Brien, President and CEO of HSA. "The Company is taking customer care to the next level by establishing the systems, practices and training required for providing our customers with exemplary customer care and establishing HSA as the best broadband customer service provider in the country."
"We have always known that Louisville is a great place to build businesses," said David Jones, Jr., Chairman of HSA, and Chairman of Chrysalis Ventures, a prominent venture capital firm.
HSA also announced today that it will be consolidating its corporate offices as the sole tenant of a new building, in the Jefferson Corporate Center, in Jefferson County, Colorado. The building, which is expected to be ready for occupancy this summer, will house all of HSA's corporate functions as well as its Western Region offices.
"We are very excited to bring our corporate offices to Jefferson County, Colorado," said Mr. O'Brien. "The Denver community has played a significant role in the development of HSA, and this is a great way for us to support its continued economic development through the employment and training opportunities we are committed to providing its residents."
About HSA
High Speed Access Corp. (Nasdaq:HSAC) is a leading provider of high-speed Internet access via cable modem to residential and commercial end users in exurban areas. The Company believes that it provides the most comprehensive turnkey solution available to the cable operator. Its service enables subscribers to receive Internet access at speeds substantially faster than traditional Internet access at minimal cost to the cable operator. HSA is also engaged in the deployment of IP telephony, video conferencing, high-quality audio and distance learning, e-commerce applications, set-top boxes and other interactive services. HSA enters into long-term exclusive contracts with cable operators to provide them with the Company's services. The Company pays its cable partners a portion of the monthly fees it receives from the end users in exchange for the opportunity to access and provide service to the cable partners' subscribers.
This press release contains statements about future events and expectations regarding HSA ("we" or "our"), which are "forward-looking statements." Any statement we make in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and factors include, but are not limited to: our unproven business model; our history of losses and anticipation of future losses; potential fluctuations in our operating results; our competition; our potential inability to attract and retain end users; our potential inability to establish or maintain relationships with cable operators, including Charter Communications, Inc.; the possibility that our contract with Road Runner may not benefit us; and those risks and uncertainties we discussed in filings made with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in our Registration Statement on Form S-1 as filed with the Securities and Exchange Commission.
CONTACT:
High Speed Access Corp., Denver
Katina Vlahadamis, 303/256-2018
kvlahadamis@hsacorp.net
KEYWORD: COLORADO KENTUCKY
BW0445 FEB 24,2000
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