CorEnergy Infrastructure (PK) (USOTC:CORR)
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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/