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Technology Stocks : HIGH SPEED ACCESS {HSAC} -- Ignore unavailable to you. Want to Upgrade?

To: Greg S. who wrote (766)	12/2/1999 5:14:00 PM
From: KLP	Read Replies (1) \| Respond to of 963

Did you see the news today....and notice the volume!!! Also, I think it would be interesting to go back through the news, and check the volume around that time... KLP siliconinvestor.com High Speed Access Corp.'s Ron Pitcock Moves to Vice Chairman Dan O'Brien, COO, to Assume Duties as President DENVER--(BUSINESS WIRE)--Dec. 2, 1999--Ron Pitcock, co-founder and President of High Speed Access Corp. (NASDAQ: HSAC) announced today that Dan O'Brien, whom he recently recruited to the company as COO, will assume the responsibilities of President. Mr. Pitcock will serve as Vice Chairman of the Company. "Dan O'Brien is a talented leader who has demonstrated the ability to implement HSA's vision, which has expanded from a start-up to a large, rapidly growing, public company," said Mr. Pitcock. "I look forward to continuing to help build the company in my new role." "Charter has had a long, established relationship with Ron and we're very excited about how he has created and positioned HSA," said Jerald Kent, President and CEO of Charter Communications. "We are impressed with the HSA team and enthused about the talent Ron has recruited to take the company to the next level. We look forward to continuing our close relationship with HSA under Dan's leadership." William Savoy, President of Vulcan Ventures added: "HSA's expertise in delivering rural and suburban markets a high-speed Internet access solution is a key component of Vulcan Venture's wired world strategy. We are fully confident in Dan's ability to continue the development of a strong organization that will further its leadership position in the broadband arena." "Ron's vision has given the exurban market something that even many metropolitan cities have not yet received - high-speed Internet access," said David Jones, Chairman of HSA's board and of Chrysalis Ventures, an early investor in the Company. "His foundation of entrepreneurial spirit, coupled with Dan's proven leadership capabilities, ideally position the company to expand its marketplace opportunities and customer growth." Dan O'Brien joined HSA as Chief Operating Officer in October 1999. Prior to joining HSA, Mr. O'Brien most recently served as President and COO of PRIMESTAR, Inc. where he oversaw the company's growth to 2.2 million customers, $1.5 billion in revenue and $300 million in operating cash flow. Prior to that, he served as President of Time Warner Satellite Services. He previously served as Vice President of Operations in Time Warner Cable's Cincinnati division, and Vice President - Business Development of Warner Cable Communications. "Dan's experience in delivering both rapid growth and great customer service make him a superb fit for this job," said David Jones. "We look forward to Dan leading the charge toward making HSA the best high-speed Internet access provider in the country." About HSA High Speed Access Corp. (Nasdaq: HSAC) is a leading provider of high-speed Internet access via cable modem to residential and commercial end users in exurban areas. The Company believes that it provides the most comprehensive turnkey solution available to the cable operator. Its service enables subscribers to receive Internet access at speeds substantially faster than traditional Internet access at minimal cost to the cable operator. HSA is also engaged in the deployment of IP telephony, video conferencing, high-quality audio and distance learning, e-commerce applications, set-top boxes and other interactive services. HSA enters into long-term exclusive contracts with cable operators to provide them with the Company's services. The Company pays its cable partners a portion of the monthly fees it receives from the end users in exchange for the opportunity to access and provide service to the cable partners' subscribers. This press release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specific factors that might cause such a difference include, but are not limited to: the company's unproven business model; the company's history of losses and anticipation of future losses; the potential fluctuations in the company's operating results; the company's competition; the company's potential inability to attract and retain end users; the company's potential inability to establish or maintain relationships with cable operators, including Charter; the possibility that our contract with Road Runner may not benefit us; and those risks and uncertainties discussed in filings made by the Company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the Company's Registration Statement on Form S-1 as filed with the Securities and Exchange Commission. Contact: High Speed Access Corp. Investor Contact: Stephen Calk, 303/256-2091 scalk@hsacorp.net or Media Contact: Katina Vlahadamis, Director of Media Relations 303/256-2018 kvlahadamis@hsacorp.net