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Technology Stocks : CORR - Corridor Communications Corporation

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To: jmhollen who started this subject6/17/2004 10:50:19 AM
From: jmhollen   of 179
 
Corridor Communications Corporation Signs Agreement to Deploy Wireless
Broadband Service (WIFI) to Alpha Broadcasting Communications Customer
Base and Surrounding Area Company Will Expand Broadband Wireless Data
Services to Homes and Businesses in Pi


MOUNTAIN VIEW, Calif., Jun 17, 2004 /PRNewswire-FirstCall via COMTEX/ --
Corridor Communication Corporation (OTC Bulletin Board: CORR) has entered into
an agreement to Deploy Wireless High-Speed Internet service to the Cable TV
subscribers of Alpha Broadcasting Communications for a July 2004 deployment.
Alpha Communications provides cable TV to private homes and residents in Apache
Junction and Pinal County Arizona. The companies have agreed to launch Corridors
Wireless HotZone system to complement the service from Alpha's Main tower
locations where Corridor will be able to reach thousands of homes and businesses
in East Mesa and Apache Junction. Most of the potential subscribers are in areas
of Pinal and Maricopa County Arizona and fall outside of Alpha's cable service
area.


Corridor plans to market its high-speed Internet data services to Alpha's
existing customer base and the surrounding community. Corridor will also aid in
the expansion of Alpha's cable subscriber base by adding broadband cable modem
services utilizing Alpha's existing cable delivery infrastructure.

"This agreement springboards Corridors Wireless service into the community that
is adjacent to our Future Coast Cable asset acquisition target. Alpha has
strategic Tower locations that are very important and give us the opportunity to
launch today in the Arizona Market. Alpha's subscriber base is anxious for
broadband services. We know that by adding High-Speed Broadband Services we can
significantly enhance the subscriber revenue and numbers. The wireless launch by
Corridor into this new market will provide service where, in most cases,
high-speed broadband service is not yet available to the consumer. Given this
fact we feel that both the existing subscriber base and future subscribers will
embrace the combined services offered by the company," said J. Michael Heil,
Chief Executive Officer of the Company.

Scott Mac Caughern, Chairman of Corridor Communications Corporation stated, "The
Alpha Tower locations will allow us to provide WIFI service to customers in a
high density area that is part of our immediate expansion plans. By launching
today Corridors Wireless Broadband Internet service in Mesa and Apache Junction
Arizona will allow us to be already present as a local Broadband Internet
Service Provider when we close our Cable acquisition deal with Coast
Communications."

About Corridor Communications

Headquartered in Mountain View, California with Operations in Salem, Oregon,
Corridor Communications, Inc. is an integrated wireless Internet service
provider (WISP) offering high-speed Internet and data services, to residents and
businesses. The Company plans to implement a growth-through-acquisition strategy
by targeting small to mid size Dial Up Internet Service Providers (ISP) in areas
underserved by current broadband options. The growth strategy will also focus on
creating partnerships with existing hot spot management companies while building
company owned hotspots to create ubiquitous coverage or "Hot Zones" that
encompass entire cities.

Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x)
standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and
can be deployed far less expensively than comparable copper and cable
technologies. The company also plans to leverage its network build out for other
services that may include voice and video. For more information about Corridor
Communications, please visit the Company's web site at
corridorcommunications.com

CONTACT: Scott Mac Caughern of Corridor Communications Corp., +1-650-961-5707,
or smac@speedpalcom.

SOURCE Corridor Communication Corporation
CONTACT: Scott Mac Caughern of Corridor Communications Corp.,
+1-650-961-5707, or smac@speedpalcom
URL: corridorcommunications.com
.
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