AARO Acknowledges Legal Action.Business Editors OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 10, 2000 AARO AARO Association of Americans Resident Overseas AARO Automotive Aftermarket Retailers of Ontario Broadband Wireless See wireless broadband. Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AARW AARW Alliance of American and Russian Women ) reported today that the company is one of several parties named in a lawsuit by a former employee of Utica Publishing of Arkansas. AARO Vice President of Internal Affairs Internal affairs may refer to:
"All of the allegations listed in this suit occurred prior to our merger with Utica's former parent company, AAROW Environmental Group. These allegations are entirely without merit as far as AARO is concerned. We have retained counsel in Arkansas and are prepared to defend this case vigorously," Stutsman said. Utica Publishing merged with AAROW Environmental Group in September of 1999. AAROW Environmental Group ceased operations following its merger into Global Wireless Technologies, Inc. in May 2000, forming the company that would eventually become AARO Broadband Wireless Communications, Inc. Stutsman said Utica Publishing was returned to its former ownership shortly after the merger between AAROW Environmental and Global Wireless. Stutsman said AARO will continue to focus its efforts on providing high-speed fixed wireless Internet, networking and application services in 33 western and southern U.S. markets over the next 12 to 18 months. About AARO AARO Broadband Wireless Communications, Inc. provides wireless connectivity up to 100 Mbps. AARO New World services such as unified communications, IP telephony and videoconferencing services are delivered via a highly secure, carrier-class IP network. For additional news and information, please visit us at www.aarowireless.com. This document includes forward-looking statements, made under the 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. Provision of 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. Such forward-looking statements are generally identifiable by the use of words such as "believe," "expect," "intend," and other words of similar nature. These statements are based on management's current expectations, estimates and projections that are subject to risk and uncertainties, including, but not limited to, success of negotiations, availability of financing, political currency and regulatory, competitive and technological developments. Consequently, actual results could differ materially from those forward-looking statements. AARO Broadband Wireless Communications, Inc. does not undertake, and specifically disclaims any obligations to update forward-looking statements, which speak only as of the date made. |
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