2-Infinity.Com and Tut Systems to Provide Internet Service to ATS Telecom Customers.ATLANTA--(BUSINESS WIRE)--Sept. 22, 1999-- 2-Infinity.Com Wins Long Term Agreement to Supply ATS Customers in Austin-Area Community with High Speed Internet Solution 2-Infinity.Com a high speed internet service and network solution provider in Houston and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Lakota Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: LAKO), has signed a 25 year agreement with ATS Telecommunication Services, Inc. Under the agreement, 2-Infinity.com will be the exclusive provider of high speed services for as many as 4000 homes which will be located in the Plum Creek There are at least 166 streams in the USA, called Plum Creek, including :
The service arrangement will also be a cooperative effort that involves ATS providing access to residential customers and use of communications facilities. 2-Infinity.Com will use Tut Systems' (Nasdaq: TUTS TUTS Theatre Under the Stars (Houston, Texas) TUTS True Ultimate Tensile Strength ) Expresso family of high speed Internet access See how to access the Internet. products which use properties' existing wiring to deploy cost-effective, fast, always-on data and Internet connectivity to every resident on the property. 2-Infinity.com also provides installation, marketing, sales and support, and building customized portal See personal portal. content. ATS is the incumbent telephone and cable television provider for Plum Creek and selected 2-Infinity.com to round out a comprehensive suite of bundled communications services. 2-Infinity.com will offer a variety of internet services, from 56kbps dial-up service to a 10mbps DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary solution. The most popular offering for high-speed service See broadband. is expected to be 1mbps service, featuring dedicated, symmetrical bandwidth. Pricing projections will give the ATS/2-Infinity.com service the most bandwidth-per-dollar currently available. Customized Community Utilizing Tut's Expresso systems as the infrastructure, 2-Infinity.com will also be able to provide Internet content for Plum Creek's custom-built community website. This community fosters a closer-knit, more convenient, and more cosmopolitan community through e-commerce, message boards, and local information on traffic, weather, entertainment, and education. This content will also help local merchants target their marketing campaigns and grow their businesses alongside the community. This local focus for the content is designed to make frequent use of the service indispensable to residents. "I am looking forward to furthering the relationship with 2-Infinity.com. Our joining forces helps keep ATS on the cutting edge of communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . We are proud to be able to offer the latest technology and the best service available to our customers," says Perry Gotcher, President of ATS. "We are extremely pleased to have teamed up with ATS and Tut Systems. Our services and abilities complement each other very well, enabling our customers to receive the best of available technologies at affordable prices. We anticipate a quality long-term relationship with Perry, ATS and Tut," states Jason Miller, Vice President of Corporate Relations for 2-Infinity.com. "By deploying Tut's Expresso Internet systems, 2-Infinity.com will be able to easily and quickly wire up Plum Creek residents with always-on, high speed Internet access," said Sal D'Auria, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Tut Systems. "Our systems make it possible for solution providers such as 2-Infinity.Com to successfully serve the multi-tenant market, offering a valuable service that increases the intrinsic value Intrinsic Value 1. The value of a company or an asset based on an underlying perception of the value. 2. For call options, this is the difference between the underlying stock's price and the strike price. of properties." About Tut's Expresso MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC. (2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU. Systems Family of Products Tut's Expresso MDU system is a "single box" access concentrator See remote access concentrator. solution designed to sit in the wiring closet of apartments, hotels, dormitories and multi-tenant commercial buildings to provide cost-effective, "plug and play" high-speed, always-on Internet access and data services. The Expresso MDU system uses the existing phone wires of the building to deploy Internet services without disrupting voice services and without the need for costly re-wiring or construction to the property. The part of the system which was designed specifically to meet the needs of small multi-dwelling units in garden-style complexes, Expresso MDU Lite is a 4-port or 8-port multiplexing switch that can be located inside or outside an apartment building to provision high-speed Internet access "beyond the last mile" to individual apartment units. Expresso MDU LiteLink is an all-in-one wireless Ethernet device that links buildings equipped with Expresso MDU Lite on properties without centralized wiring. About 2-Infinity.Com, Inc. 2-Infinity.Com, is a provider of high speed Internet access solutions for the residential, multi-tenant, and hospitality markets worldwide. Utilizing award winning HomeRun(tm) and Long Run(tm) technology from Tut, 2-Infinity.com provides a "plug and play" product to this target market allowing high speed Internet access through existing phone lines that does not disrupt voice service. Users will be able to download files, telecommute See telecommuting. , videoconference, browse, and play games up to 200 times faster, (up to 10Mbps) than they would with a standard dial-up connection by using this technology. Customers have a secure, "always on" dedicated connection that is theirs, 24 hours a day without dropped connections. 2-Infinity.com also utilizes Tut's SDSL See DSL. SDSL - Single-line Digital Subscriber Line systems for the local loop and Ethernet extension products campus market to provide a flexible and powerful solution set for high-speed networking needs at the "last mile." 2-Infinity.Com is a wholly-owned subsidiary of Lakota Technologies (OTC BB: LAKO), an Atlanta based holdings company with funded interests in the energy and internet industries. About ATS Telecommunications, Inc. ATS is a national competitive local exchange carrier (CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ) based in Houston. ATS a facilities-based CLEC providing bundled services such as local dial tone, long distance, and cable television to residential communities such as Plum Creek through their own switching office. President Perry Gotcher has over 30 years of experience in the telecommunications industry. About Tut Systems, Inc. Tut Systems (NASDAQ: TUTS) is a leading provider of high-speed Internet access systems for multi-tenant buildings including apartments, dormitories, hotels and commercial properties. Tut's Expresso MDU system integrated with Tut's award-winning HomeRun(tm) technology allows service providers and property owners to use buildings' existing telephone wires to cost-effectively deliver always-on Internet connections at speeds 20 times faster than a regular dial-up modem. In partnership with service providers, Tut has deployed Expresso MDU for some of the country's largest real estate investment trusts. Tut also produces a line of scaleable, carrier-class digital subscriber line access multiplexers (DSLAMs) for the local loop and a line of robust, high-speed Ethernet extension products for campus environments. Tut's HomeRun technology has been chosen by the Home phone line Networking Alliance (HomePNA) as the initial specification for in-home networking over phone lines. For more information, visit Tut's World Wide Web site at http://www.tutsys.com or contact Tut's US Headquarters in Pleasant Hill, California Pleasant Hill is a city in Contra Costa County, California, in the East Bay of the San Francisco Bay Area. The population was 32,837 at the 2000 census. It was incorporated in 1961. , directly at (925) 682-6510 or (800) 998-4888. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 for Tut Systems, Inc.: Various matters set forth in this press release, such as statements relating to the planned deployment, expected market size, expected revenues and market position of Tut Systems, Inc. and/or its products are forward-looking statements. These statements are subject to risks and uncertainties, including without limitation, the price/performance requirements of customers, the planned deployment, the introduction of alternative technological solutions and other risks detailed from time-to-time in Tut Systems' SEC filings and reports. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, projects, competition, completion problems, technological changes and other unforeseen risks. |
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