Advanced Radio Telecom Announces New Customers; Sales Activity Gathers Momentum for Broadband Wireless Provider.Business Editors BELLEVUE, Wash.--(BUSINESS WIRE)--Dec. 8, 2000 Advanced Radio Telecom Corp. (ART) (Nasdaq:ARTT ARTT, n.pr See asymmetry/range of motion alteration/tissue texture alteration/tenderness. ) a leading broadband wireless See wireless broadband. Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) services provider, today announced that the following companies have recently signed service orders with ART: McKinsey & Company (Houston) USCB, Inc. (Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ) Clearview Networks (Los Angeles) GASP Partners (Los Angeles) Impetus (San Jose) MKD MKD The ISO 4217 currency code for the Macedonian Denar. (San Jose) EChips (San Jose) Chindadotcom Corp. (San Jose) Clark Nuber PS (Seattle) Meals.com (Seattle) Alliance Residential Management (Houston) Advent Enterprises (Los Angeles) Ariana Telecommunication (Los Angeles) Pangea Design (Houston) Tavanza, Inc. (San Jose) Mission Valley Executive Plaza (San Diego) Mark III Systems (Houston) Koreantel (Los Angeles) Geonet Services (Houston) OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the Management Inc. (Washington, D.C.) These new customers are early adopters of ART's new high-speed broadband service, which debuted on Sept. 18, 2000. This product offers connectivity from 3 to 10 Mbps directly to business users and is designed to further strengthen office building penetration in markets where ART currently operates. In addition to orders for the new service, ART has recently received 30 orders from its wholesale channel partners for service in San Jose, Portland, San Diego, Phoenix and Seattle. "We are beginning to see some real momentum on the sales front," said Wharton ("Zie") Rivers, Jr., ART's 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. . "Our value proposition is more than straightforward, it's unbeatable. We offer broadband wireless service that is as reliable as fiber at dramatically reduced provisioning intervals, and at prices that are extremely compelling. ART's value proposition is clearly striking a chord with the market. "We are very encouraged by the early adoption of our service among the growing number of companies who see fixed broadband wireless as the wave of the future," Rivers added. "It is also very much in keeping with our strategic goal of aggressively driving revenue in on-net markets. Our direct product is the perfect complement to our core business of selling higher capacity bandwidth -- today up to OC-3, or 155 Mbps, connectivity -- to regional and national Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. and carriers." About ART Advanced Radio Telecom Corp. (ART) provides broadband fixed wireless Internet Protocol 'Wireless Internet Protocols' are the suite of wireless protocols after Wireless Application Protocol 2.0 (WAP). It includes XHTML Basic, Nokia's XHTML Mobile Profile, and future developments of WAP by the Open Mobile Alliance. (IP) services with Ethernet interface to Integrated Communication Service Providers (ICPs), Internet Service Providers (ISPs), Application Service Providers (ASPs) and interexchange carriers (IXCs). ART offers a point-to-consecutive-point network ring design with speeds up to 100 Mbps, as well as dedicated, protected and redundant OC-3 connectivity with speeds up to 155 Mbps. Using ART's highly scalable network architecture, ICPs, ISPs, ASPs and IXCs can extend Local Area Networks to Wide Area Networks at native LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. speeds for their own end-user customers. ART provides this last-mile connectivity without the delay and disruption that can occur with phone company hook-up or fiber optic installation. ART is a Cisco Powered Network Service(TM) provider headquartered in Bellevue, Wash. ART currently owns and operates broadband wireless metropolitan area networks in Dallas/Ft. Worth, Houston, Los Angeles, Phoenix, Portland, San Diego, San Jose, Seattle and Washington, D.C. ART has a nationwide footprint of 39GHz spectrum licenses in the United States, and spectrum licenses in the United Kingdom and several Scandinavian countries. For more information, visit ART's website at www.ipsp.com. The above information includes forward-looking statements regarding services. These statements are not guarantees of future performance. Known and unknown risks, uncertainties, and other factors, including without limitation, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , need for additional financing and other financial risks, changes to the strategy and business plan, customer demand, technological risks, management of growth, satisfying borrowing conditions, competition and government regulation may cause actual results to differ materially from the future results implied or expressed in the forward looking statements. Additional information about the most significant of such factors is set forth in ART's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . The Company does not undertake to update or revise its forward-looking statements publicly even if experience or future changes make clear that any projected results expressed or implied herein will not be realized. |
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