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CORR CorEnergy Infrastructure Trust Inc NEW (PK)

0.0198
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
CorEnergy Infrastructure Trust Inc NEW (PK) USOTC:CORR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0198 0.0165 0.03 0.00 01:00:00

Corridor Communications Corporation Announces Additional Services for Quik Internet of the Valley Inc., an ISP Serving Salem and

19/10/2004 5:28pm

PR Newswire (US)


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Corridor Communications Corporation Announces Additional Services for Quik Internet of the Valley Inc., an ISP Serving Salem and Albany, Oregon Quik is Now Marketing to its Over 1200 Subscribers, New Wired and Wireless Broadband Services and Accelerator Dial Up Service (to speed normal dial up 5x as fast) MESA, Ariz., Oct. 19 /PRNewswire-FirstCall/ -- Corridor Communications Corporation (OTC:CORR) (BULLETIN BOARD: CORR) -- Quik Internet has announced new rates for dial up customers and expanded broadband services at new benchmark rates. Quik is an established Oregon ISP serving cities located on the I-5 corridor from Albany to Newberg. Quik Internet provides wired and wireless broadband, dial up Internet access, DSL, email and web site hosting. With these combined services Quik has a marketing advantage over other dial up only ISP's. Quik is working to convert all dial up customers to the new $29.99 per month DSL or wireless 802.11 plan. With the acquisition earlier this year of Ash Creek Wireless and Quik Internet, Corridor is now positioned to provide a full offering of Internet services to every potential customer in the Central Willamette Valley. Quik Internet's subscribers will be able to continue with their wired connection but now have wireless roaming capabilities within Corridor's existing and future HOTZones provided by Ash Creek. At the same time the existing wireless customers will now have a dial-up option when traveling outside the area. Corridor is positioning for a large scale wireless roll out that will include purchasing additional dial up ISP's. Chris Lindgren of Quik Internet stated, "I have always thought joining with a broadband service provider was a good idea; the new service package we can offer existing dial up customers is somewhat unique in this marketplace. We are excited about becoming part of Corridor Communications. As subscribers move from dial up to broadband, we have a very competitive set of products that even the bigger Telcos are not offering. We are covering all the bases; currently we provide high speed satellite internet, we sell DSL in all Qwest territories, we sell DSL in all Verizon territories, we offer high speed dial up internet and we offer high speed wireless service." "The plan we envisioned earlier this year of joining two service providers with unique and complementary products is taking hold. We have always known new subscriber acquisition costs are very high with today's competitive markets and expensive advertising costs. Instead our strategy has been to take existing subscribers via dial up and convert the ones we would have otherwise lost, to our broadband products. Buy joining Ash Creek and Quik we have generated a very competitive platform. With combined infrastructure and a hard to beat set of products, we expect to see our central Oregon operations very profitable," said J. Michael Heil, Chief Executive Officer of the Company. About Corridor Communications Headquartered in Mesa, Arizona, with operations in Oregon, Nevada and Arizona, Corridor Communications, Inc. is an integrated wireless Internet service provider (WISP) and Cable television provider offering high-speed Internet, free and pay television, and data services to residents and businesses. The Company plans to implement a growth-through-acquisition strategy by targeting small to mid size Cable providers and Dial Up Internet Service Providers (ISP) in areas underserved by current broadband multi system operators. The growth strategy will also focus on creating partnerships with existing hot spot management companies while building company owned hotspots to create ubiquitous coverage or "Hot Zones" that encompass entire cities. Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x) standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and can be deployed far less expensively than comparable copper and cable technologies. The company also plans to leverage its network build out for other services that may include voice and video. For more information about Corridor Communications, please visit the Company's web site at http://www.corridorcommunications.com/ "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. Our forward-looking statements are based on currently available information which management has assessed but which is dynamic and subject to rapid and even abrupt change due to risks and uncertainties that affect our business, including the unpredictability of future revenues and limited visibility into future demand on which to base our forecasts; the current uncertainty in our marketplace which may impact expected demand, customer selection criteria and sales cycle; our ability to execute on product deliverables and major customer contracts, slower economic growth generally, slower adoption of broadband technology, or cutbacks in information technology spending; and factors beyond our control such as power outages or work stoppages at key customers. CONTACT: Investor Relations at Corridor Communications Corp., (480) 380-5855, or . DATASOURCE: Corridor Communications Corp. CONTACT: Investor Relations at Corridor Communications Corp., +1-480-380-5855 or Web site: http://www.corridorcommunications.com/

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