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Technology Stocks : BIFS ... Patented Environmental Cleanup and Low Float Co. -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (315)4/2/2001 8:08:01 PM
From: scion  Read Replies (1) | Respond to of 381
 
Technology Group

A.(ii)Business Development and Summary

For many years, the Company had been searching for the best method of monitoring remote production facilities. The Company was looking for a method that would utilize current communications technology, would be scalable and would be inexpensive.

On April 1, 2000, the Company completed a major goal of expanding its technology capability through the acquisition of Beach Access.Net, Inc. ("Beach Access"), an Internet Service Provider (ISP) and developer of an exciting new wireless Internet access capability.

Beach Access subsequently acquired additional companies and assets, expanding its ISP capacity, wireless systems technology, network and computer installation and
repair and software and database development capability.

Beach Access is marketing this technology under the trade name of "SWOMI™", SeamlessWirelessOmni-directionalMobileInternet.

SWOMI™ offers the user true roaming capability within the SWOMI™ system with access speeds of 2Mbps, the same as a direct connection to a T-1.

The SWOMI™ system incorporates Beach Access ISP assets and allows customers to link their computers, at T-1 access
speeds, for video, audio or data transmission on the Internet using a patented roaming technology.

Beach Access installed a prototype system covering over six contiguous miles of the Myrtle Beach, South Carolina area.

Using the SWOMI™ equipment, a user will be able to move within the SWOMI™ network area with no loss of service or
degradation of speed.


On December 1, 2000, the SWOMI high-speed wireless network went online and operational in Myrtle Beach, South Carolina.

The system became available to customers at the Caravelle Hotel, the Caravelle Towers, the St. Johns Hotel, the
St. Clements Hotel, the Sea Island Resort and the Tropical Shores.

Additional contracts will be signed so as to expand the coverage of the network to 25 miles.

Beach Access is exploring the best alternative(s) to market this product nationally.

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