GOOD LEVELS!!!!MobilePro Corp. Forms Strategic Alliance with Global Triad
BETHESDA, Md. - PRNewswire-FirstCall - Sept. 23
BETHESDA, Md., Sept. 23 /PRNewswire-FirstCall/ -- MobilePro Corp. (BULLETIN BOARD: MOBL) announced today the company has formed a strategic alliance with Global Triad Incorporated, a Ft. Lauderdale, FL-based software and wireless broadband company (OTC Pink Sheets: GTRD). Pursuant to the arrangement, the companies will look to jointly pursue select wireless projects and work together utilizing Global Triad's compression software.
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Jay Wright, MobilePro president and CEO, said, "Global Triad has a compression software that we believe could potentially radically alter the telecom landscape by effectively enabling ordinary phone lines with the equivalent power of some broadband links. Once ported to our platform, we anticipate testing and evaluating the software with select MobilePro customers and, if successful, rolling it out nationwide in 2005."
Anthony Mellone, Global Triad executive vice president, said, "Mobilepro's strategy of utilizing next-generation technologies such as VoIP, compression software, Wi-Fi and Wi-Max on a national scale to deliver a complete menu of broadband telecom services to its customers fits perfectly with the technologies and strategies that Global Triad has been pursuing. We look forward to working with Jay and his team in the months to come and building a long, successful partnership."
About Global Triad
Global Triad Incorporated (GTI) is a holding company with headquarters in Ft. Lauderdale, Florida. It is the company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates one subsidiary, Global TV, Inc. (GTV), a Florida corporation. The primary business of GTV is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system utilizing both Internet Protocols (IP) and proprietary digital devices. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video-On-Demand (VOD). Both the Internet and VOD are expected to be accessible through the consumer's television. The VOD content is expected to appear at 30 frames-per-second, the industry standard for television. Global Triad recently announced the acquisition and worldwide rights to a proprietary compression technology that the company believes will significantly reduce the cost of bandwidth required for VoIP.
About MobilePro Corp.
MobilePro Corp. is a wireless technology and broadband telecommunications company based in Bethesda, MD, with operations in Hurst, Houston, Dallas and Beaumont, TX; Coshocton, OH; Kansas City, KS; Janesville, WI; Detroit, MI; Shreveport, LA and Tucson, Arizona. The company is focused on creating shareholder value by developing innovative wireless technologies, acquiring and growing profitable broadband telecommunications companies and forging strategic alliances with well-positioned companies in complementary product lines and industries. MobilePro has announced closed deals, definitive agreements and pending letters of intent with cumulative expected 2005 calendar revenue of more than $137 million.
An investment profile about MobilePro Corp. may be found online at http://www.hawkassociates.com/mobilepro/profile.htm .
For more information, contact MobilePro CEO, Jay Wright at (301) 315-9040. For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, e-mail: info@hawkassociates.com . Detailed information about MobilePro can be found on the website http://www.mobileprocorp.com/ . An online investor kit including copies of MobilePro press releases, current price quotes, stock charts and other valuable information for investors may be found on the website http://www.hawkassociates.com/ .
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward- looking statements including the company's ability to obtain future financing on favorable terms, changes in the wireless and telecommunications industries that compel the company to alter its present business strategy, the company's ability to attract management capable of implementing the company's existing or future business strategy and the risk factors set forth in the company's SB-2 registration statement. Results actually achieved may differ materially from expected results included in these statements as a result of these factors or others. Specifically, Global Triad's compression software needs to be ported to an appropriate platform for use with MobilePro's customer base. Such porting can take significant time, and there is no guarantee that such porting will be successful.
And
MobilePro Corp. Signs Letter of Intent for New Hampshire ISP
North Country Internet Access Expected to Be Accretive to MOBL Earnings, Add Over $1 M in Revenue BETHESDA, Md. - PRNewswire-FirstCall - Sept. 21
BETHESDA, Md., Sept. 21 /PRNewswire-FirstCall/ -- MobilePro Corp. (BULLETIN BOARD: MOBL) announced today the company has signed a letter of intent to acquire North Country Internet Access, Inc. (http://www.ncia.net/ ), an Internet services provider based in Berlin, New Hampshire. The deal is forecast to add over $1 million in annualized revenue and to be accretive to MobilePro's earnings. The terms of the transaction were not disclosed.
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Jay Wright, MobilePro president and CEO, said, "We believe that NCIA is a little gem of a company based in the Great North Woods of New Hampshire. In addition to their substantial customer base, NCIA has a strong wireless network and an excellent management team in our opinion. We look forward to helping grow their business by bringing our local, cellular and long-distance products to their customer base and utilizing our capital to expand their wireless footprint."
About MobilePro Corp.
MobilePro Corp. is a wireless technology and broadband telecommunications company based in Bethesda, MD, with operations in Hurst, Houston, Dallas and Beaumont, TX; Coshocton, OH; Kansas City, KS; Janesville, WI; Detroit, MI; Shreveport, LA; and Tucson, AZ. The company is focused on creating shareholder value by developing innovative wireless technologies, acquiring and growing profitable broadband telecommunications companies and forging strategic alliances with well-positioned companies in complementary product lines and industries. MobilePro has announced closed deals, definitive agreements and pending letters of intent with cumulative expected 2005 calendar revenue of more than $137 million.
An investment profile about MobilePro Corp. may be found online at http://www.hawkassociates.com/mobilepro/profile.html .
For more information, contact MobilePro CEO Jay Wright at (301) 315-9040. For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, email: info@hawkassociates.com . Detailed information about MobilePro can be found on the website http://www.mobileprocorp.com/ . An online investor kit including copies of MobilePro press releases, current price quotes, stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com/ and http://www.hawkmicrocaps.com/ .
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward- looking statements, including the company's ability to obtain future financing on favorable terms, changes in the wireless and telecommunications industries that compel the company to alter its present business strategy, the company's ability to attract management capable of implementing the company's existing or future business strategy and the risk factors set forth in the company's SB-2 registration statement. Results actually achieved may differ materially from expected results included in these statements as a result of these factors or others. Additionally, while MobilePro expects regulatory approval shortly, shareholders should be aware that it is possible that for some unforeseen reason, failure or delay in obtaining regulatory approval could materially delay or prevent the closing of the transaction described above.
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