CorEnergy Infrastructure (PK) (USOTC:CORR)
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Corridor Communications Corporation Reports Expansion of Ash
Creek Wireless Serving Salem, Dallas, Monmouth and Independence, Oregon
Corridor's Ash Creek Plans Reported in July, 2004 Are Underway Following the
Expansion and Deployment of 2.4Ghz & 5.7Ghz Gear to the 195,000 Household
Coverage Area Acquired With Ash Creek Wireless
MESA, Ariz., Oct. 7 /PRNewswire-FirstCall/ -- Corridor Communications
Corporation (OTC:CORR) (BULLETIN BOARD: CORR) - Ash Creek Wireless (ACW)
serves its current customer base with two primary tower locations and five
Hybrid sites. With the recent addition of Access Points directed toward the
Salem area, ACW now has sites serving a geographic area with a population of
more than 195,000. These sites are all connected to a level one provider,
which is currently providing 4Mbps of bandwidth to support the existing
customer base. The Motorola Canopy 5.7Ghz technology acquired from Ash Creek
will enhance the method Corridor uses to deploy Hybrid sites through out the
community. Corridor's lower subscriber acquisition costs and dealer incentive
programs will allow a faster and more competitive deployment to subscribers in
the new areas.
In a rather unique business agreement, ACW is purchasing fiber-optic bandwidth
from Monmouth-Independence Network (MINET) and distributing that bandwidth to
customers. MINET also provides ACW with equipment space (at a minimal fee) for
routers, switches, etc. at their fiber Point-of-Presence (POP). MINET also
provides ACW with transport services to deliver local business customers
directly to the ACW router via local fiber loop. In further developments, ACW
has been accepted as a certified ISP for the new MINET broadband fiber service
being installed to the entire Monmouth/Independence community. At completion,
the MINET service will reach 8,000 households.
"Our newest site will be located southwest of Dallas, Oregon. We are leasing
tower space and will be providing our own outdoor enclosure at this site.
Point-to-Multipoint equipment will be mounted at the 185' level on an existing
monopole tower. This site will provide enhanced coverage in Dallas and new
coverage in the Kings Valley area," reports John Conley, VP of Broadband
Services for Corridor Communications. "With our MINET ISP Certification and our
new Dallas site, our coverage area will have expanded tremendously. With that
infrastructure in place, we will begin an aggressive marketing rollout."
J. Michael Heil Chief Executive Officer of the Company said, "We have complete
confidence with John, and we see the Ash Creek deployment as a model of other
successes we intend to pursue. Big city technologies have come to rural
America, and we plan to extend our services to many additional communities.
What John has developed in the central Oregon region we see as a great fit
throughout Oregon and with our Arizona and Nevada cable franchises."
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., +1-480-380-5855,
or .
DATASOURCE: Corridor Communications, Inc
CONTACT: Investor Relations of Corridor Communications Corp.,
+1-480-380-5855, or
Web site: http://www.corridorcommunications.com/