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Air-Q Wi-Fi Corporation Assigned New Trading Symbol - AQWF.OB; AQWF.OB Trading to Begin at Market Open on Monday, June 30.


Business Editors/High-Tech Writers

BATON ROUGE Baton Rouge (băt`ən rzh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La.--(BUSINESS WIRE)--June 27, 2003

Air-Q Wi-Fi Corporation (formerly Covenant Financial Corporation) (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: AQWF AQWF All Quiet on the Western Front (1930 film) .OB), a Wi-Fi (wireless fidelity See Wi-Fi. ) Internet access provider See ISP.

(networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers.
, announced today that it has been assigned a new trading symbol Trading symbol

See: Ticker symbol
 - AQWF.OB. The new trading symbol is to become effective at the open of the market on Monday, June 30, 2003.

The company's new management changed the corporate name to "Air-Q Wi-Fi Corporation" to better reflect the new business plan. Air-Q will operate as a provider of wireless Internet access See how to access the Internet.  service to business and residential customers. Air-Q's first market is Baton Rouge, Louisiana For the Canadian restaurant, see .
Baton Rouge (from the French bâton rouge), pronounced /ˈbætn ˈɹuːʒ/ in English, and
, where system engineering is underway. The first beta-customers are expected to be online by the middle of August 2003.

About Air-Q Wi-Fi Corporation

Air-Q Wi-Fi Corporation (formerly Covenant Financial Corporation) is a development-stage company that has begun to establish its first wireless Internet access system in Baton Rouge, Louisiana. Air-Q's "Wi-Fi" Internet access systems will operate on a platform comprised of Wi-Fi standard equipment that has been configured in a proprietary manner. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz. Air-Q's business plan focuses on the marketing of its wireless Internet access services to businesses and residential customers.

Forward-Looking Statements

Some information in this release is forward looking. These forward-looking statements may be affected by the risks and uncertainties in Air-Q's business. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Air-Q's Securities and Exchange Commission filings. Air-Q wishes to caution readers that certain important factors may have affected and could in the future affect its actual results and could cause actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of Air-Q. There are many factors that will determine whether Air-Q will be successful in its wireless Internet endeavors, including, without limitation, access to adequate capital, consumer acceptance of its products and services and the ability of Air-Q to provide timely customer installation services. Air-Q undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

For further information please contact: David Loflin, President of Air-Q Wi-Fi Corporation: dloflin@air-q.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 27, 2003
Words:395
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