Interesting News ...
ICOA Acquires Kiosk Assets From Go Online Networks
WARWICK, R.I., Dec. 21 /PRNewswire/ -- ICOA Inc. (OTC Bulletin Board: ICOA - news) announced today that it has acquired the kiosk division from Go Online Networks, Inc. (OTC Bulletin Board: GONT - news). The transaction adds 115 Internet kiosks to the Company's network and expands market presence to prime hotel and conference properties in 19 states. The financial terms of the transaction were not disclosed.
``This acquisition advances our existing network of airport kiosks, giving us instant penetration into the hospitality industry, '' noted ICOA CEO George Strouthopoulos. ``These valued new locations significantly increase our reach and advertising opportunities, allowing us to leverage our existing network and cybercenter.''
``The rapid growth of our computer services division Digital West Marketing has necessitated a refocus of the GONT management direction. We have found a marvelous strategic partner, which will serve to optimize the kiosk divisions potential,'' Joe Naughton, CEO of GONT, elaborated on this transaction
About ICOA
ICOA, Inc., located in Warwick, RI, deploys and operates an automated network of self-service Internet payphone kiosks, through its wholly owned WebCenter Technologies subsidiary. The Company deploys a managed network capable of providing telecommunication, business, and e-commerce services via these kiosks. These services include communication services such as telephone, e-mail, and e-fax; business services such as printing; and e-commerce services including shopping and bill paying; and advertising. It intends to operate networks in airports and surrounding heavily trafficked public facilities, including convention centers and hotels. It currently has installations at the San Francisco Domestic and International Terminals. For more information, visit icoacorp.com.
About Go Online Networks
Go Online Networks Corp. is a Buena Park technology holding company, consisting of Digital West Marketing (a computer service firm).
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. |
