FullNet Purchases Downtown Oklahoma City Broadband Network.Business Editors/Technology Writers OKLAHOMA CITY--(BUSINESS WIRE)--June 22, 2001 FullNet Communications, Inc. ("FullNet")(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FULO) today announced the acquisition of substantially all of the assets of Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm based IPDataCom, a division of Higganbotham.com, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . IPDataCom is a premier provider of Internet business solutions that work. In addition to Internet access, they also provide web site hosting and e-commerce solutions. Included in the acquisition is their proprietary, high-speed broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a network, serving a number of key office buildings in downtown Oklahoma City Downtown Oklahoma City is located near the geographic center of Oklahoma City and is the main business district of the city. Downtown OKC also is the economic, financial, and entertainment center of the state of Oklahoma. , including the Bank One Tower, City Center Tower and First National Center. Commenting on the acquisition, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Timothy J. Kilkenny said "This network, combined with our recently completed $1.0 million carrier-neutral co-location facility and our recently introduced line of DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary products, gives us a strong competitive advantage in downtown Oklahoma City for high-speed broadband Internet access. In addition, this acquisition allows us to expand our ability to provide both entry level and high-end e-commerce solutions to clients worldwide." FullNet is a facilities-based Integrated Communications Provider headquartered in Oklahoma City, engaged in consumer and business Internet services, including 1) dial-up, DSL, dedicated and broadband wireless access, with customers in 25 communities in Oklahoma, and 2) web hosting, server co-location and telecommunications premise co-location, with customers throughout the United States and more than 40 foreign countries. For more information, visit the Company's web site at www.fullnet.net. Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology such as "anticipates," "believes," "expects," "may," "will," or "should" or other variations thereon, or by discussions of strategies that involve risks and uncertainties. The actual results of the Company or industry results may be materially different from any future results expressed or implied by such forward-looking statements. |
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