Big City Bagels Announces Agreement With KeySpan Communications; New High Speed Network Designed for Downstate New York Region.HICKSVILLE, N.Y.--(BUSINESS WIRE)--July 12, 1999-- VillageNet Inc., which recently merged into Big City Bagels (OTC BB: VILN VILN - Vermont Interactive Learning Network) announced today it has selected KeySpan Communications, a wholly owned subsidiary of KeySpan Energy (NYSE:KSE KSE - Karachi Stock Exchange KSE - Kernel Scheduler Entities KSE - Key System Element KSE - Kill Switch Engage (band) KSE - Korea Stock Exchange KSE - Kuat Systems Engineering (Star Wars) KSE - Kuwait Stock Exchange), to build its fiber optic network throughout the New York region. Under the terms of the agreement, Villagenet will receive co-location space in KeySpan's facilities and use of the KeySpan OC-192 fiber optic network, as well as peering and bandwidth arrangements with other KeySpan customers. In addition, Villagenet will be able to provision high speed circuits (DS3, OC3 OC3 - Optical Carrier 3 - 155.52 Mbps leased line, OC12 OC12 - Optical Carrier 12 - 622.08 Mbps Leased Line, and OC48 OC48 - Optical Carrier 48 - 2.48832 Gbps Leased Line) between its locations and the locations of its customers. Under a separate agreement KeySpan will provision dark fiber for Villagenet customers. Peter J. Keenan, President of VillageNet, stated, "The advanced nature of the new services we are bringing our customers required we upgrade our backbone quickly and cost effectively. KeySpan's unique network allows us the flexibility to provision exactly what we need when we need it, enabling us to meet the needs of our growing customer base with unmatched speed and reliability." About KeySpan Communications: KeySpan Communications is a wholly owned subsidiary of KeySpan Energy (NYSE:KSE) which is the parent company of two utilities that distribute natural gas under the Brooklyn Union name to 1.6 million customers in New York City and on Long Island. Other KeySpan companies market a portfolio of energy-related services in the Northeast, own and operate numerous electric-generation plants in New York City and on Long Island, and provide operating and customer services to over one-million electric customers of the Long Island Power Authority. About Big City Bagels: Big City Bagels recently completed a merger with VillageNet, Inc. ("VillageNet") and Intelligent Computer Solutions, Inc. ("ICS"). VillageNet is a community-oriented Internet service provider specializing in educational and family-based Internet services with a local emphasis on business advertising and shopping, chat rooms and parent student/teacher interaction. ICS is a systems-integration firm specializing in network design, implementation and maintenance and providing Internet/intranet messaging and security products. ICS is a value-added government and commercial reseller for Cisco Systems Inc. (NASDAQ: CSCO) and FORE Systems (NASDAQ: FORE) and is authorized to sell and install their products to public entities in New York (e.g., school districts) without public bidding through those companies' New York State contracts. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks and uncertainties are described in the Company's filings with the SEC. This release and prior releases are available on the KCSA Public Relations Worldwide website at www.kcsa.com. |
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