Air-Q Wi-Fi Gets Exposure for Q-Spot on FoxNews.com.Business Editors/High-Tech Writers BATON ROUGE Baton Rouge (băt`ən r zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La.--(BUSINESS WIRE)--March 4, 2004 David Loflin, 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 Air-Q Wi-Fi Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AQWF AQWF All Quiet on the Western Front (1930 film) ), 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 they are currently advertising their hotspot access points program on FoxNews.com. Air-Q Wi-Fi has recently announced the opening of several new Q-Spots and a funding agreement Funding Agreement Illiquid insurance contracts that provide guaranteed principal repayment and interest payments for a predetermined period of time. Notes: Funding agreements are marketed to mutual fund companies and municipal reinvestments. providing $500,000 of a possible $2.5 million deal for the further expansion of its "footprint." Two of its Q-Spot(TM)-brand Wi-Fi hotspots have opened for customer use in prominent retail areas in Phoenix. This is the result of Air-Q's strategy to model the success of the Starbuck's (Nasdaq:SBUX SBUX Starbucks Corporation (stock symbol) SBUX Starbucks Coffee Company ) T-Mobile Wi-Fi partnership. One of the new Phoenix Q-Spots is located in Gainey Village inside a Paradise Bakery & Cafe, one of a 31-location chain. The second Q-Spot is found in a Market Street Coffee Company store located in Phoenix's popular 7th Street District. Customers at these eateries have already begun to access the Internet via Air-Q's Wi-Fi service. The Phoenix Q-Spots come on top of an agreement to develop Wi-Fi hotspots for 1,000 nationally known postal centers through MyMart, Inc. MyMart, Inc. is a privately held, San Marcos San Marcos (săn mär`kəs). 1 City (1990 pop. 38,974), San Diego co., S Calif., a northern suburb of San Diego; settled 1880s, inc. 1963. , Calif.-based Internet access firm. They currently provide wire-line Internet access in kiosks in each of the target postal center locations. About Fox Fox Entertainment Group, Inc., owned by The News Corporation (NYSE NYSE See: New York Stock Exchange :NWS NWS National Weather Service NWS Naval Weapons Station NWS New World Symphony NWS Nuclear Weapon State NWS Not Work Safe NWS National Watercolor Society NWS North Warning System NWS Nose Wheel Steering NWS National Waste Strategy (UK) ), is an entertainment company with operations in four business segments: Filmed Entertainment, Television Stations, Television Broadcast Network and Cable Network Programming. The Filmed Entertainment segment consists of the production and acquisition of motion pictures for distribution and licensing in all entertainment media, primarily in the United States, Canada and Europe, and the production of original television programming in the United States and Canada. The Television Stations segment principally consists of the operation of broadcast television stations in the United States. The Television Broadcast Network segment consists of the broadcasting of network programming in the United States. The Cable Network Programming segment consists of the production and licensing of programming distributed through cable television systems and direct broadcast satellite operators in the United States and professional sports team ownership in the United States. About Air-Q Wi-Fi Corporation Air-Q Wi-Fi Corporation develops and maintains wireless Internet access systems. Air-Q's "Wi-Fi" (hotspot) Internet access systems 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, as well as to visitors to its markets with Wi-Fi-compatible laptop computers and other wireless devices. 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. |
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