Broadband Wireless International Corporation Acquires Three Additional Retail Wireless, Pager, & Internet Services Stores in Texas.Business Editors CISCO, Texas/OKLAHOMA CITY, Okla.--(BUSINESS WIRE)--March 3, 2000 BroadBand Wireless See wireless broadband. International Corporation's (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BBAN BBAN Basic Bank Account Number BBAN Bulgarian Business Angels Network ) has confirmed the acquisition of three currently operating retail stores in the Austin, Texas metropolitan region. The stores were previously operated by franchise holders of Wireless USA, Inc. Gary Keith Duke and Ronald L Baker, Cofounders of the GetMore Communications, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control retail chain, who recently sold one hundred percent of their retail centers and operations to BroadBand Wireless, negotiated the acquisition of the additional retail outlets. Two of the stores are located in Round Rock and Wells Branch, Texas Wells Branch is a census-designated place (CDP) in Travis County, Texas, United States. The population was 11,271 at the 2000 census. Geography Wells Branch is located at (30.443997, -97. and the third is located in west Austin. Mr Duke, who spearheads retail operations for BBAN, confirmed that this purchase brings the total number of operating stores to thirteen (13). Leases have been signed for four more locations in Texas and Wichita, Kansas. All of the retail stores previously owned and operated by GetMore Communications have been purchased by BroadBand Wireless International. Previously operated under the name of GetMore or TelCom One, all of the retail stores, including the three stores just purchased, will be renamed BroadBand Wireless & Internet Centers. The stores feature wireless phones and pagers manufactured by Nokia, Motorola, and Ericsson. The retail stores are operated as Authorized Dealers & Distributors for VoiceStream (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VSTM VSTM Visual Short-Term Memory VSTM Verband Schweizer Tourismusmanager ). The Company's operating plan includes, in part, an intent to utilize the retail stores in the various cities in which they are located, as launching points for sales personnel who will be aggressively marketing BBAN's High-Speed Wireless Internet Network services to new customers. BroadBand Wireless International is engaged in various facets of the wireless telecommunications business domestically and internationally, with an emphasis on the construction, installation, and operation of High-Speed Wireless Internet Networks delivering a variety of services to business customers. This document includes forward-looking statements, made under the Safe Harbors Provision 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. Such forward-looking statements are generally identifiable by the use of words such as "believe," "expect," "intend," and other words of similar nature. These statements are based on management's current expectations, estimates and projections that are subject to risk and uncertainties, including, but not limited to success of negotiations, availability of financing, political currency, regulatory, competitive and technological developments. Consequently, actual results could differ materially from those forward-looking statements. BroadBAND Wireless International Corporation does not undertake, and specifically disclaims any obligations to update forward-looking statements which speak only as of the date made. |
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