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Technology Stocks : Advanced Radio Telecom (ARTT) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (975)	2/15/2000 5:53:00 PM
From: DubM	Respond to of 1176

Tuesday February 15, 12:38 pm Eastern Time Company Press Release Advanced Radio Telecom Adds 800 Commercial Buildings to Access Portfolio via Agreement with RREEF BELLEVUE, Wash.--(BUSINESS WIRE)--Feb. 15, 2000--Advanced Radio Telecom Corp. (ART) (Nasdaq:ARTT - news), the first broadband wireless Internet Protocol Service Provider (IPSP), announced today that it has signed a master license agreement with The RREEF Funds, an institutional real estate advisor, for access to more than 800 commercial buildings nationwide. Tower Resource Management, Inc. (TRM) directed the agreement negotiations on behalf of The RREEF Funds. ART has signed a number of master leases and individual building license agreements that give the company access to more than 4,400 commercial buildings in the United States. ART will incorporate the RREEF buildings (along with other buildings) into its plans to build broadband metropolitan area networks in 11 markets this year, and 40 markets nationwide over the next few years. ART integrates broadband wireless, IP, and fiber technologies into a fully-redundant ring architecture in order to provide carrier-class quality IP services at speeds up to 155 Mbps to Internet service providers (ISP), interexchange carriers (IXC), on-site service providers (OSP) and application service providers (ASP). ``Master license agreements with national real estate companies like RREEF are a key component to ART's accelerated deployment of high-speed metropolitan networks,' said Robert McCambridge, ART president and COO. ``We have done an outstanding job of accumulating a national footprint of thousands of commercial buildings that we can incorporate into our accelerated market build out.' A