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Technology Stocks : CORR - Corridor Communications Corporation

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From: dkgross10/7/2004 8:47:08 AM
   of 179
 
CORR

(COMTEX) B: Corridor Communications Corporation Reports Expansion of Ash C
eek Wireless Serving Salem, Dallas, Monmouth and Inde
B: Corridor Communications Corporation Reports Expansion of Ash Creek Wireless S
rving Salem, Dallas, Monmouth and Independence, Oregon Corridor's Ash Creek Plan
Reported in July, 2004 Are Underway Following the Expansion and Deployment of 2
4Ghz & 5.7Ghz Gear to the 195,000 Household Coverage Area Acquired With Ash Cree
Wireless ( PRNewswire-FirstCall )

MESA, Ariz., Oct 7, 2004 /PRNewswire-FirstCall via COMTEX/ -- Corridor
Communications Corporation (OTC Bulletin Board: CORR) - Ash Creek Wireless (ACW)

serves its current customer base with two primary tower locations and five
Hybrid sites. With the recent addition of Access Points directed toward the
Salem area, ACW now has sites serving a geographic area with a population of
more than 195,000. These sites are all connected to a level one provider, which
is currently providing 4Mbps of bandwidth to support the existing customer base.

The Motorola Canopy 5.7Ghz technology acquired from Ash Creek will enhance the
method Corridor uses to deploy Hybrid sites through out the community.
Corridor's lower subscriber acquisition costs and dealer incentive programs will
allow a faster and more competitive deployment to subscribers in the new areas.

In a rather unique business agreement, ACW is purchasing fiber-optic bandwidth
from Monmouth-Independence Network (MINET) and distributing that bandwidth to
customers. MINET also provides ACW with equipment space (at a minimal fee) for
routers, switches, etc. at their fiber Point-of-Presence (POP). MINET also
provides ACW with transport services to deliver local business customers
directly to the ACW router via local fiber loop. In further developments, ACW
has been accepted as a certified ISP for the new MINET broadband fiber service
being installed to the entire Monmouth/Independence community. At completion,
the MINET service will reach 8,000 households.

"Our newest site will be located southwest of Dallas, Oregon. We are leasing
tower space and will be providing our own outdoor enclosure at this site.
Point-to-Multipoint equipment will be mounted at the 185' level on an existing
monopole tower. This site will provide enhanced coverage in Dallas and new
coverage in the Kings Valley area," reports John Conley, VP of Broadband
Services for Corridor Communications. "With our MINET ISP Certification and our
new Dallas site, our coverage area will have expanded tremendously. With that
infrastructure in place, we will begin an aggressive marketing rollout."

J. Michael Heil Chief Executive Officer of the Company said, "We have complete
confidence with John, and we see the Ash Creek deployment as a model of other
successes we intend to pursue. Big city technologies have come to rural America,
and we plan to extend our services to many additional communities. What John has
developed in the central Oregon region we see as a great fit throughout Oregon
and with our Arizona and Nevada cable franchises."

About Corridor Communications

Headquartered in Mesa, Arizona with operations in Oregon, Nevada and Arizona,
Corridor Communications, Inc. is an integrated wireless Internet service
provider (WISP) and Cable television provider offering high-speed Internet, free
and pay television, and data services to residents and businesses. The Company
plans to implement a growth-through-acquisition strategy by targeting small to
mid size Cable providers and Dial Up Internet Service Providers (ISP) in areas
underserved by current broadband multi system operators. 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

"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: This release contains forward-looking statements that are subject to risks
and uncertainties, including, but not limited to, the impact of competitive
products and pricing, product demand and market acceptance, new product
development, reliance on key strategic alliances, availability of raw materials,
the regulatory environment, fluctuations in operating results and other risks
detailed from time to time in the company's filings with the Securities and
Exchange Commission. Our forward-looking statements are based on currently
available information which management has assessed but which is dynamic and
subject to rapid and even abrupt change due to risks and uncertainties that
affect our business, including the unpredictability of future revenues and
limited visibility into future demand on which to base our forecasts; the
current uncertainty in our marketplace which may impact expected demand,
customer selection criteria and sales cycle; our ability to execute on product
deliverables and major customer contracts, slower economic growth generally,
slower adoption of broadband technology, or cutbacks in information technology
spending; and factors beyond our control such as power outages or work stoppages
at key customers.

CONTACT: Investor Relations at Corridor Communications Corp., +1-480-380-5855,
or info@corridorcommunications.com.

SOURCE Corridor Communications, Inc


CONTACT: Investor Relations of Corridor Communications Corp.,
+1-480-380-5855, or info@corridorcommunications.com

URL: corridorcommunications.com
prnewswire.com

Copyright (C) 2004 PR Newswire. All rights reserved.

-0-


KEYWORD: Oregon
Arizona
INDUSTRY KEYWORD: CPR
TLS
OTC
SUBJECT CODE: PDT
CON

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