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CORR CorEnergy Infrastructure Trust Inc NEW (PK)

0.0198
0.00 (0.00%)
22 Jul 2024 - Closed
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 Lights-Up Expanded WIFI HotZone Service to Downtown Stayton Oregon and Deploys Its New Deale

23/06/2004 12:30pm

PR Newswire (US)


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Corridor Communications Corporation Lights-Up Expanded WIFI HotZone Service to Downtown Stayton Oregon and Deploys Its New Dealer Marketing and Resale Program A Core Method That the Company Will Utilize to Expand Its Customer Base Will Be Through the Deployment of Its Dealer Programs. Dealer's Chosen Will Have the Benefit of Being in the Heart of a HotZone. MOUNTAIN VIEW, Calif., June 23 /PRNewswire-FirstCall/ -- Corridor Communications Corporation: (OTC:CORR) (BULLETIN BOARD: CORR) deployed its newest HotZone and Dealer Incentive program this week at Wizbones PC located in downtown Stayton, Oregon. Every business, residential and Wi-Fi roamer in the downtown area can now have Wireless Internet access without the necessity of an expensive truck roll. The company has tested the area for use of "off the shelf" 802.11 gear and has found it to be very effective in the downtown coverage area. The Corridor Communications Corporation Dealer Incentive program allows local computer retailers and repair shops to capitalize on their loyal customer base and provides them additional products and services to sell. Likewise, the Dealer Incentive program will boost Corridors wireless marketing efforts with the endorsement of Computer retailers and exposure to their existing customer base. Corridor currently markets high-speed Internet services to large geographic areas utilizing centralized Access Points. This wide area coverage allows participating dealers to sell service to their local customer base and beyond. Corridor is also planning to expand its subscriber base by offering T1 wireless services to area business and industry. Nick Schmit of Wizbones PC said, "We are having great success with Corridors Broadband Service. In just a short time we have signed up nearly 100 people and have 20 new subscribers installed. What I like about selling Corridors Wireless Service is that I can offer Broadband Wireless Internet to my customers that live 15 or 20 miles away. Many of these customers currently have no other option except dial-up. These same customers can now bring their laptop or PDA to town and surf the net, even in the Park down the street. This is an opportunity that would have never been offered to them by the Telephone or Cable TV Company." "Business partners like the PC shops that are equally interested in our success and to the deployment of a solid reliable broadband connection for their customer will set us apart from our wired competitors. Partnering with an established local business enhances our marketing dollars and endears us to the community. Wizbones PC, a small town shop, sees 50 to 60 people a day. All of them either own a computer or are in the process of buying one. We believe in success and know that having dealers as marketing partners will enable us to achieve our goals in growing this business," said J. Michael Heil, Chief Executive Officer of the Company. Scott Mac Caughern, Chairman of Corridor Communications Corporation stated, "Our Company is preparing to finish three strategic acquisitions pending final due diligence, the dealer program is a core part of one of the companies business models. It is already very successful and a valid part of our future growth. I am pleased at the positive response that our new program is receiving and happy for the success Wizbones PC has had. We see that by expanding this program it will further enable Corridor to execute on our growth plan." About Corridor Communications Headquartered in Mountain View, California with Operations in Salem, Oregon, Corridor Communications, Inc. is an integrated wireless Internet service provider (WISP) offering high-speed Internet and data services, to residents and businesses. The Company plans to implement a growth-through-acquisition strategy by targeting small to mid size Dial Up Internet Service Providers (ISP) in areas underserved by current broadband options. 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: Scott Mac Caughern of Corridor Communications Corp., +1-650-961-5707, or . DATASOURCE: Corridor Communications Corporation CONTACT: Scott Mac Caughern of Corridor Communications Corp., +1-650-961-5707, or Web site: http://www.corridorcommunications.com/

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