LAKO signs CONTRACT for DSL with NASDAQ listed Company.
Tuesday December 7, 8:30 am Eastern Time
Company Press Release
AirNexus, Inc. Signs Contract With ZipLink, Inc. To Begin Offering Nationwide DSL Services
ATLANTA--(BUSINESS WIRE)--Dec. 7, 1999--Houston-based Internet telephony solutions provider AirNexus, Inc. - a subsidiary of Lakota Technologies, Inc. (OTCBB:LAKO - news) - announced today that it has have signed a contract with Ziplink, Inc. (NASDAQ: ZIPL - news) to begin offering Digital Subscriber Line-based (DSL) high speed Internet access nationwide. Ziplink provides dial-up and dedicated bandwidth to small, medium and large Internet Service Providers and to providers of Web appliances, such as TV set-top boxes, pagers, personal digital assistants and other devices. Ziplink is currently constructing an advanced ATM-based SuperPOP network with points of presence in the 34 largest cities in the United States.
``The agreement with ZipLink allows us to begin offering multi-location businesses a true voice networking solution. With the 3Com NBX 100 LAN PBX, we can give any business a cost-effective solution to voice networking multiple locations across the Internet with DSL Services,' says Cody Morgan, president of AirNexus, Inc.
The 3Com NBX is the world's first LAN-based PBX that offers businesses the ability to administer voice and data on a single cable plant. Because the NBX 100 is a network appliance, voice is carried across the network as data packets. This key difference allows organizations to streamline their voice and data communications onto one infrastructure, giving them the ability to network across any digital media: ISDN, DSL, Cable Modem, T-1, etc.
CEO of AirNexus, Charlie Downey states that ``Our focus is on converging voice onto network topology. Because ZipLink has a presence in most major cities, we are essentially using ZipLink as a backbone to support our contracts with companies who have requirements to network multiple locations for voice traffic. By distributing voice across data networks, AirNexus clients can streamline their voice and data communications to work more efficiently and open the door to a host of new features that become available when voice is integrated on the network. The number of possible new applications is unlimited.'
AirNexus has also recently become a business telephone system reseller. Even though profit margins on computer resales continue to drop, margins on business telephone systems have remained a healthy level.
AirNexus, Inc. is a Houston-based provider of commercial voice and Internet services. As of today, AirNexus has an accumulated a client base of over 100 active customers. The company believes it has an edge over its competition, because its core business - telephony - gives it the expertise and credibility to offer true, integrated suite of voice, data and Internet services, which are delivered across wireless Ethernet. The company has recently signed agreements with 3Com (Nasdaq: COMS - news) and Maisoft, Inc., both agreements in the area of Voice over IP technology.
C-Net's (Nasdaq: CNET - news) News.com reported on Wednesday that according to recent study by IDC, a well-known research service, the demand for high-speed Internet connections is increasing so rapidly that more than 27.3 million people are expected to use these type of services over the next three years. Major DSL companies that are already gearing up to meet the growing demand for high-speed Internet connections include Covad Communications (Nasdaq: COVD - news), Northpoint Communications (Nasdaq: NPNT - news), Rhythm Netconnections (Nasdaq: RTHM - news), US West (NYSE: USW - news), Bell Atlantic (NYSE: BEL - news) and Bellsouth Corp. (NYSE: BLS - news).
Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, projects, competition, completion problems, technological changes and other unforeseen risks. AirNexus, a subsidiary of Lakota Technologies Inc. believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, but gives be no assurance that actual results will not differ materially from its expectations. AirNexus believes that its primary risk factors include, but are not limited to: the need for substantial financial requirements; the need to develop effective internal processes and systems; the ability to attract and retain high-quality employees; changes in the overall economy; changes in technology; the number and size of competitors in its markets; changes in the law and regulatory policy; and the mix of product and services offered in the company's target markets.
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Contact:
AirNexus Inc.
Charlie Downey, 281/925-2500
charlied@airnexus.net
airnexus.net |
