To: cm who wrote (839 ) 4/29/1998 2:24:00 PM From: Postman Respond to of 2882
Here's one to check out-UPPI High speed wireless downloads for internet data, just started trading today $1.60 range- ______________________________________________ Upland Properties Signs Letter of Intent with World Wide Wireless, Inc. VANCOUVER, British Columbia--(BUSINESS WIRE)--April 28, 1998--Upland Properties, I (NASDAQ:UPPI - news) The Company is pleased to announce the appointment of Douglas P. Haffer as President and CEO as of April 17, 1998. Mr. Haffer is a graduate of the Harvard Law School and has 25 years of Business Law practice, specializing in the High Tech and Telecommunications field. The Company is also pleased to announce that it has entered into a Letter of Intent with World Wide Wireless, Inc. (''WWW''), of Costa Mesa, CA to acquire all of the assets of WWW. WWW is comprised of two divisions; the Internet Division and the Micronet Division. The Internet Division is involved in pioneering Wireless Cable high-speed access to the Internet. This new technology allows for the rapid downloading of large data-intensive, graphic, video and audio files. The Company has constructed its first transmitter on Mt. Diablo in San Francisco's East Bay area and will launch subscriber service to Contra Costa and Alameda counties during the summer of 1998. The Micronet Division is the exclusive licensee for patent rights of a new generation of microprocessor chip and is developing the ''next generation'' of wireless phone technology which allow hand-sets to act as transceivers or relays thereby reducing the reliance on establishing a massive network of repeater transmission towers. Douglas P. Haffer, President