Chadmoore Wireless Group, Inc. adds four additional cities to its operations.LAS VEGAS--(BUSINESS WIRE)--April 7, 1997-- -- Eight Markets Now Being Served -- Chadmoore Wireless Group, Inc. (NASDAQ/BB: MOOR), a provider of Specialized Mobile Radio See SMR. (SMR (Specialized Mobile Radio) The communications services used by police, ambulances, taxicabs, trucks and other delivery vehicles. Throughout the U.S., approximately 3,000 independent operators are licensed by the FCC to offer this service, which provides always-on ) wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. services, announced today that it is commercially operational in four additional cities, bringing the total number of markets in which it operates to eight. The four additional cities included: Richmond, VA, Lewiston, ME, Portland, ME and 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 which serve a combined total population of 1.74 million. Chadmoore said it intends to have between thirty and forty cities operational in its proposed operational footprint by year end 1997. Additionally, Chadmoore has placed orders for twenty Smartnet II systems from Motorola for use in its initial operational buildout. Jan Zwaik, Chief Operations Officer for Chadmoore, said, "We are now witnessing a strong desire on the part of SMR dealers in our markets across the country to partner with Chadmoore to provide customers with a reliable and cost-effective solution to their communication needs. As we move into these new markets, this should translate into an aggressive loading of our channels and increased revenues." Chadmoore Wireless Group, Inc. is engaged in the business of wireless communications utilizing 800 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. SMR frequencies throughout the Midwest and Southeastern United States. SMR, one of the fastest growing types of wireless communications in the U.S., currently services over two million radio users, with total industry sales of over $200 million and annual service revenues over $500 million. Chadmoore now manages over 7,000 SMR frequencies serving a population in excess of 50 million. The company operates SMR systems in eight markets with annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. gross revenues in excess of $2 million. CONTACT: Chadmoore Wireless Group Inc. Diana Nicolai or Nancy Geller, 702/891-5255 -or- KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Joseph A. Mansi/Paul Holm 212/682-6300 ext. 205/201 |
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