IBUI news - Don't know if this will move it but it is a news driven stock.
IBUI's 2xWireless Division Launches Wireless T-1 Service; 2xWireless Offers Affordable Flat-Rate Wireless T-1 Packages to Las Vegas High-End Commercial and SOHO Market
LAS VEGAS, Apr 11, 2002 (BUSINESS WIRE) -- Internet Business International Inc.'s (OTCBB:IBUI) 2xWireless Division today announced the availability of economical wireless T-1 packages for the Las Vegas commercial and small office/home office (SOHO) marketplace.
The Premier 2xWireless wireless T-1 package provides customers with 1.54 megabytes per second (mbps) data transfer burstable to 3 mbps for a flat rate of $475 per month with a minimum 2-year commitment and $1,000 installation fee.
This package also includes up to 25 e-mail accounts, advanced Web hosting for one domain and 60 gigabytes of data transfer per month -- making it perfect for Internet-enabled businesses that need reliable and affordable bandwidth.
Las Vegas Color Graphics had the following to say regarding 2xWireless: "We have been providing printing solutions in Las Vegas for more than 20 years. With today's technology, more and more of our customers are relying on the Internet, FTP, and e-mail to conduct their business. 2xWireless provides us with the ability, which no other company was able to provide, to send and receive numerous megabyte files very quickly and reliably. Their customer service and technical assistance has also been consistently outstanding. Without our 2xWireless connection we would struggle to complete an increasing amount of our business."
"Our recent change in bandwidth providers and advances in wireless technology have given us the opportunity to offer commercial-quality high-speed services at rates significantly better than land-line providers, without customers having to wait 45 to 60 days for the phone company to schedule a T-1 installation," said Neil Golli, vice president of 2xWireless.
Golli continued: "Previously we had focused our efforts on the smaller, underserved business customers who were looking for lower-bandwidth packages. We have been extremely successful in delivering service to these customers; as we grow our primary focus will be to expand our higher-end customer base.
"This change in our focus will allow us to better utilize expensive client-end equipment, improving our return on investment and maximizing profits over the long run. We will also be providing our clients with a full complement of networking and configuration services."
About 2xWireless and IBUI
Internet Business International (www.ibui.net) conducts business over the Internet through two operating divisions: 2xAccess (wireless high-speed Internet and data communications for business and consumers, dial-up access, Web design and hosting services) and Lending On Line (real estate loans and equipment leasing).
IBUI has six U.S. and one European office and more than 40 employees worldwide. For additional information, contact IBUI Investor Relations toll-free: 866/441-8901 or via e-mail: info@ibui.net.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Acts of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other then statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
CONTACT: 2xWireless Neil Golli, 702/967-0160 ngolli@2xwireless.com or 3rd Millennium Management Rich Schineller, 973/633-0888 ext. 110 rich@3rd-mm.com
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Copyright (C) 2002 Business Wire. All rights reserved.
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KEYWORD: NEVADA INDUSTRY KEYWORD: INTERNET E-COMMERCE REAL ESTATE TELECOMMUNICATIONS SOURCE: Internet Business International Inc.
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