CCGI good news. (BSNS WIRE) Networks-Online Signs Agreement with Squarial Wireless Broadban
Networks-Online Signs Agreement with Squarial Wireless Broadband to Roll-Out
Wireless Internet Access
Business Editors/High-Tech Writers
HOUSTON--(BUSINESS WIRE)--July 20, 2000--Networks-Online Inc., a
subsidiary of ComTech Consolidation Group Inc. (OTCBB:CCGI) today
announced that the company has signed a contract with Squarial
Wireless Broadband to offer its new and existing customers a wireless
solution for high speed, low cost Internet access in the Houston
Market.
Networks-Online plans to roll out the wireless connection within
the next 30 days, and will become one of the first companies to offer
a High Speed Wireless connection in the growing Houston business
district. Networks-Online plans to market the "Broadband in a Box"
proprietary product that has been developed by Squarial Wireless as a
simple plug and play wireless solution that provides customers with
instant high speed wireless Internet access.
ComTech Chairman Walter Davis commented, "We are very excited to
be one of the first companies in Houston to roll-out high speed
wireless Internet Access to our customers. The plug and play product
simplifies the process and takes the mystery out of wireless access.
The ability to provide a high speed wireless connection will create a
new revenue stream for Networks-Online, especially when targeted at
small businesses or SOHOs (small office home office) in addition to
the traditional small and mid-size business opportunities." Davis went
on to say, "We are continuing to make progress improving the
fundamentals of the company, we have recently signed an agreement with
an investment banking firm to provide us with assistance financing M &
A candidates which have been identified over the past 90 days. The
company is continuing to communicate with several companies regarding
possible joint ventures, acquisitions, and spin-offs."
About ComTech Consolidation Group Inc.
ComTech Consolidation Group Inc. is a Houston based holding
company whose primary focus is to acquire and develop Internet and
technology related companies. ComTech trades on the Over the Counter
Bulletin Board under the ticker symbol CCGI and is a fully reporting
company. The company currently owns two technology-related companies,
Enhanced Internet Service Providers and Networks-Online; both located
in Houston, and has health care operations in Louisiana and Texas. The
company's Web sites are www.ccg.net, www.nol.net. ComTech's SEC
filings can be found at www.freeedgar.com.
Statements regarding financial matters in this press release other
than historical facts are "forward looking statements" within the
meaning of section 27A of the Securities Act of 1933, Section 21E of
the Securities Exchange Act of 1934, and as that term is defined in
the Private Securities Litigation Reform Act of 1995. The company
intends that such statements about the company's future expectations
including future revenues and earnings, and all other forward looking
statements be subject to the safe harbors created thereby. Since these
statements (future operational results and sales) involve risk and
uncertainties and are subject to change at any time, the company's
actual results may differ materially from expected results.
--30--sr/sd* ts/sd
CONTACT: About-Face Communications LLC
Scott Gallagher, 215/741-5883
SG@AFCventures.com
or
Charterbridge Financial Group Inc.
Robert Sullivan, 619/696-8000
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET HARDWARE
NETWORKING MARKETING AGREEMENTS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
(BSNS WIRE) Networks-Online Signs Agreement with Squarial Wireless Broadban
Networks-Online Signs Agreement with Squarial Wireless Broadband to Roll-Out
Wireless Internet Access
Business Editors/High-Tech Writers
HOUSTON--(BUSINESS WIRE)--July 20, 2000--Networks-Online Inc., a
subsidiary of ComTech Consolidation Group Inc. (OTCBB:CCGI) today
announced that the company has signed a contract with Squarial
Wireless Broadband to offer its new and existing customers a wireless
solution for high speed, low cost Internet access in the Houston
Market.
Networks-Online plans to roll out the wireless connection within
the next 30 days, and will become one of the first companies to offer
a High Speed Wireless connection in the growing Houston business
district. Networks-Online plans to market the "Broadband in a Box"
proprietary product that has been developed by Squarial Wireless as a
simple plug and play wireless solution that provides customers with
instant high speed wireless Internet access.
ComTech Chairman Walter Davis commented, "We are very excited to
be one of the first companies in Houston to roll-out high speed
wireless Internet Access to our customers. The plug and play product
simplifies the process and takes the mystery out of wireless access.
The ability to provide a high speed wireless connection will create a
new revenue stream for Networks-Online, especially when targeted at
small businesses or SOHOs (small office home office) in addition to
the traditional small and mid-size business opportunities." Davis went
on to say, "We are continuing to make progress improving the
fundamentals of the company, we have recently signed an agreement with
an investment banking firm to provide us with assistance financing M &
A candidates which have been identified over the past 90 days. The
company is continuing to communicate with several companies regarding
possible joint ventures, acquisitions, and spin-offs."
About ComTech Consolidation Group Inc.
ComTech Consolidation Group Inc. is a Houston based holding
company whose primary focus is to acquire and develop Internet and
technology related companies. ComTech trades on the Over the Counter
Bulletin Board under the ticker symbol CCGI and is a fully reporting
company. The company currently owns two technology-related companies,
Enhanced Internet Service Providers and Networks-Online; both located
in Houston, and has health care operations in Louisiana and Texas. The
company's Web sites are www.ccg.net, www.nol.net. ComTech's SEC
filings can be found at www.freeedgar.com.
Statements regarding financial matters in this press release other
than historical facts are "forward looking statements" within the
meaning of section 27A of the Securities Act of 1933, Section 21E of
the Securities Exchange Act of 1934, and as that term is defined in
the Private Securities Litigation Reform Act of 1995. The company
intends that such statements about the company's future expectations
including future revenues and earnings, and all other forward looking
statements be subject to the safe harbors created thereby. Since these
statements (future operational results and sales) involve risk and
uncertainties and are subject to change at any time, the company's
actual results may differ materially from expected results.
--30--sr/sd* ts/sd
CONTACT: About-Face Communications LLC
Scott Gallagher, 215/741-5883
SG@AFCventures.com
or
Charterbridge Financial Group Inc.
Robert Sullivan, 619/696-8000
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET HARDWARE
NETWORKING MARKETING AGREEMENTS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com |
