Chadmoore Wireless Group Exceeds 20,000 Subscribers in 71 Markets.LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 1998--Chadmoore Wireless Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MOOR) today announced that as of the end of September that it had over 20,000 subscribers, an increase of over 36 percent during the quarter. The company has also increased the number of markets offering full services to 71, and increase of 86 percent during the same period. Jan Zwaik, 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. , said, "We are very excited about maintaining the rapid pace of our build-out. Dealer/partners across the country are helping us commercialize markets at an above plan rate. We expect this to quickly translate into accelerated loading as distribution in new markets mature." Robert Moore Robert Moore may refer to
Chadmoore Wireless Group is a national leader in providing 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 (Specialized Mobile Radio See SMR. ) communications with over 4,800 FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. licenses in 180 markets. Chadmoore provides a high-quality, reliable, cost-effective alternative in wireless communications. SMR is a wireless two-way communications commonly called "dispatch" service used by millions of business and government customers like delivery services, contractors, ambulance services and taxi fleets. Chadmoore's services allow reliable, affordable, predictable one-to-one and one-to-many communications. Certain information contained in this press release is forward-looking (within the meaning of Section 27A of the Securities Act of 1934 and Section 21E of the Securities Exchange Act of 1934). The company's actual results could differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company in this press release. Market conditions or the lack of available capital could adversely affect these projections. |
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