Air-Q Wi-Fi and Mobile Reach form Partnership to Develop Wi-Fi Hotspot Access Points with an Enterprise Application Network.Business Editors CARY, N.C. & 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 25, 2004 Alliance to Focus on Service to Fortune 500 Companies Air-Q Wi-Fi Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AQWF AQWF All Quiet on the Western Front (1930 film) - News), and Mobile Reach International, Inc. (OTCBB: MBRI MBRI MultiBasic Rate Interface (Cisco) - News), announced today that they have entered into a partnership that is to provide Fortune 500 businesses an enterprise application network integrated into Air-Q's Wi-Fi hotspot network. Under the terms of the deal, both Mobile Reach and Air-Q will work jointly to extend enterprise data systems beyond the traditional four walls of the office, broadening the reach of connectivity through the use of emerging network structures, such as Wi-Fi (Wireless Fidelity See Wi-Fi. ). "Gaining exposure to America's finest companies through Mobile Reach represents an extremely important point in our growth," said David Loflin, Air-Q's president. "We firmly believe that we will be able to benefit from our partnership with Mobile Reach, because our Wi-Fi hotspot network is reliable and cost efficient," added Mr. Loflin. By providing a complete solution to the enterprise of Mobile Infrastructure Solutions and Wi-Fi network See wireless Ethernet and 802.11. technologies, Mobile Reach customers will now have the ability to access mission-critical applications both in and out of the office. IDC expects the mobile middleware market to reach a compound annual growth rate of 36.5 percent through 2007, reaching a total of $1.58 billion. "The partnership with Air-Q represents the next step in our commitment to extending applications within the enterprise," said Brian R. Balbirnie, Mobile Reach's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "Many of our customers are seeking solutions that increase productivity in a mobile environment rather than just a traditional middleware, our strategy is to deliver these solutions in a manner that not only make business sense but also fiscal sense". About Air-Q Wi-Fi Corporation Air-Q Wi-Fi Corporation is a development-stage company that develops and operates wireless Internet access See how to access the Internet. systems. Its first Wi-Fi Internet access system is located in Baton Rouge, LA, and its second Wi-Fi system is located in Phoenix, AZ. Air-Q's "Wi-Fi" (hotspot) Internet access system operates 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. About Mobile Reach Mobile Reach International (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) is a product and services company focused on providing mobile business solutions throughout the United States and Europe. The product offerings are used to extend and integrate business applications to mobile platforms. Additionally, our wide range of service offerings includes a myriad of support functions including the definition, selection, implementation and utilization of mobile business solutions. Visit http://www.mobilereach.com for more information. Forward-Looking Statements This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions 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. Words such as "intends," "believes" and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , and other factors described in the companies' respective filings with the Securities and Exchange Commission. The actual results that the companies achieve may differ materially from any forward-looking statement due to such risks and uncertainties. The companies undertake no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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