Classic Cable and Full Channel TV, Inc. Add 44,000 More Homes to High Speed Access Corp.'s Reach
DENVER--(BUSINESS WIRE)--March 9, 2000--
Classic Cable Grants HSA 25,000 Homes
Latest Commitment Adds to 130,000 Classic Homes
Already Under Contract
New Agreement With Full Channel TV Encompasses 19,000 Homes
Classic Cable, one of High Speed Access Corp.'s (HSA) first cable affiliates, has tapped the broadband ISP to extend its services to an additional 25,000 homes. This is in excess of over 130,000 homes already under contract with Classic Cable. HSA also announced today that they have also signed a letter of intent with Full Channel TV, Inc. to provide high-speed Internet access to its customers in Bristol, Barrington and Warren, Rhode Island, passing approximately 19,000 homes.
HSA will deploy high-speed Internet access services to the following Classic Cable communities in Texas: Burkburnnet, Iowa Park, Center, Clarksville, Eastland, and Breckenridge. The service will be marketed using the ClassicNet.net brand.
"This latest announcement further demonstrates our ongoing commitment to enhance the products and services we offer our customers," said Ron Jansonius, Vice President, Advanced Technology of Classic Cable. "We place high confidence in HSA and their ability to deliver quality high-speed Internet access services to Classic Cable customers."
"We're very grateful to Classic Cable for their continued confidence in HSA and our ability to provide the best broadband Internet service possible to their customers," said Dan O'Brien, President and CEO of HSA. "ClassicNet.net has been well received in the Classic Cable systems where we've already established ourselves, and we look forward to deploying high-speed access to these additional Classic Cable systems."
HSA will also provide Full Channel TV all technical support, including Internet service network design, development and operations state-of-the-art Network Operating Centers (NOC) with Customer Help Desks as well as marketing, billing and technical management support. The service will be marketed locally as "FCTVplus".
"We are happy to partner with HSA and look forward to providing Full Channel subscribers the highest quality of broadband Internet services," said John Donofrio, Jr., President and CEO of Full Channel TV, Inc.
"We are very pleased with our affiliation with Full Channel TV and look forward to bringing their customers high-speed Internet access in the upcoming months," said Ferris Peery, Executive Vice President of Industry Sales for HSA.
About Classic Cable
Classic Communications, Inc., based in Austin, Texas, has approximately 414,000 subscribers in non-metropolitan markets in Texas, Kansas, Oklahoma, Nebraska, Missouri, Arkansas, Louisiana, Colorado, and New Mexico. Classic trades on the NASDAQ under the trading symbol "CLSC."
About Full Channel TV, Inc.
Full Channel was the first company certified to build and operate a cable television system in Rhode Island. Full Channel is also the only privately held independent company to operate a cable television system in Rhode Island. Full Channel TV, Inc. is the first cable system to install addressable set-top converters in 100 percent of subscribers' homes and the first to produce over four hours of daily local programming 52 weeks a year. Full Channel TV, Inc. is dedicated to many local community projects in Warren, Bristol and Barrington.
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.
This press release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specific factors that might cause such a difference include, but are not limited to: the company's unproven business model the company's history of losses and anticipation of future losses the potential fluctuations in the company's operating results the company's competition the company's potential inability to attract and retain end users the company's potential inability to establish or maintain relationships with cable operators, including Charter the possibility that our contract with Road Runner may not benefit us and those risks and uncertainties discussed in filings made by the Company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the Company's Registration Statement on Form S-1 as filed with the Securities and Exchange Commission.
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Contact:
High Speed Access Corp., Denver
Katina Vlahadamis, 303/256-2018
kvlahadamis@hsacorp.net |
