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 ================================================================ 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./ ================================================================