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


To: KLP who wrote (870)5/26/2000 4:23:00 PM
From: Sarkie  Respond to of 963
 
High Speed Access Corp. Commences Deployment Of Four Additional Cable Systems Passing 220,000 Homes
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DENVER, May 26 /PRNewswire/ -- High Speed Access Corp. (NASDAQ:HSAC), a
leading provider of broadband services to residential and commercial
subscribers, today announced the commencement of the deployment of broadband
services in four new communities, adding approximately 220,000 homes passed to
its national footprint. HSA's deployments will include Charter Communications
cable systems serving Beckley, Charleston and Parkersburg, W. Va., and Jasper,
Ala.
"HSA continues to post excellent results, both operationally and
financially," said Dan O'Brien, President and CEO of HSA. "Demand for
broadband service continues at a rapid pace, especially as consumers realize
the benefits of high speed data applications and the potential for future
applications such as Internet telephony."
HSA recently announced a $100 million commitment to the rollout of
Internet telephony, funded in part by a $10 million equity investment in HSA
by Lucent Technologies. Dan O'Brien added, "With over $140 million in cash
and short-term investments as of March 31, 2000, and outstanding relationships
with Paul Allen's Vulcan Ventures, Microsoft and Cisco, HSA is well positioned
to expand our leadership in the broadband industry."

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 and
evolving business model; rapid technological change and evolving industry
standards in the markets for our services the company's history of losses and
anticipation of future losses and need for additional capital; 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; 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.

SOURCE High Speed Access Corp.
-0- 05/26/2000
/CONTACT: investors, Stephen Calk, VP of Investor Relations,
303-256-2091, scalk@hsacorp.net, or media, Katina Vlahadamis, Director of
Media Relations, 303-256-2018, kvlahadamis@hsacorp.net, both of High Speed
Access Corp./

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