Gateway Access Solutions -- OTC: GWYA -- Completes Acquisition of Albuquerque, NM-based WISP, Purelink.net.CARSON CITY Carson City, city (1990 pop. 40,443), state capital, W Nev., in the Eagle valley; inc. 1875. The city is a trade center for a mining and agricultural area. State government is the major employer, and tourism is economically important. , Nev. -- Gateway Access Solutions (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :GWYA) a provider of licensed, wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 solutions for business, announced today that the company has completed the acquisition of Purelink.net, an Albuquerque, NM-based wireless Internet services provider. The acquisition furthers Gateway Access Solutions' mission to build highly secure, quality of service (QoS) networks and solutions in emerging markets utilizing licensed, wireless Broadband Radio Spectrum (BRS BRS - Big Red Switch. This abbreviation is fairly common on-line. ) technologies. "The advantages of Gateway Access Solutions' tailored, wireless broadband solutions are perfectly matched with pent-up demand within markets such as Albuquerque," said Andrew Nester nest·er n. 1. One, such as a bird, that nests. 2. Western U.S. A squatter, homesteader, or farmer who settles in cattle-grazing territory. Noun 1. , 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. of Gateway Access Solutions. "Purelink.net had a well-developed customer base that was happy with their Internet service, which gave us an edge in this market. We are now transferring these customers to the Gateway licensed wireless network, and are taking them to the next level of service by offering business solutions such as virtual private networks, voice (VoIP) and video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. -- all residing on our secure, high quality network." Purelink.net's growth in the Albuquerque market prior to acquisition illustrates that the area is eager to adopt the newest hi-speed access and solutions that come along with a wireless network. (Purelink's network was originally built and operated by Clearwire, a broadband wireless See wireless broadband. service provider.) "Purelink.net agreed to this acquisition because Gateway Access Solutions has proven their dedication to their customers and their business model," said Trent Sutton, president/CEO, Purelink.net. "Gateway's team is highly skilled in these technologies and is able to serve our markets aggressively and competently." Albuquerque is one of 33 markets across the United States in which Gateway owns BRS licensed frequencies. The company plans to enter, penetrate and dominate the second and third tier markets, and offer tailored business solutions over a private, wireless network, including voice, video conferencing, virtual private networks (VPNs) and other business process applications. One of Gateway's key differentiators is use of a combination of Licensed (BRS) spectrum and fiber to build out QoS networks for the company's services and solutions to run on. Moreover, in rural areas where ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , cable and 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 solutions are not available due largely to range limitations, Gateway Access Solutions' proprietary spectrum may be the only economically viable solution. Using these licensed frequencies and wireless deployment, broadband can be delivered at significantly lower costs and faster deployment speeds than competing technologies, DSL or cable modems. About Gateway Access Solutions, Inc. Gateway Access Solutions, Inc. currently trading on the Other OTC under the symbol GWYA provides tailored broadband solutions to businesses of all sizes in small to mid-sized communities throughout the United States Gateway Access Solutions uses a combination of wireless and fiber technologies that provide protected service areas with licensed frequencies, complete flexibility in deploying customized services, optimum coverage and a private high-speed backbone between markets, customers and the Internet. These underserved markets represent billions of dollars in annual revenues for those companies currently "rolling over" their markets. The company's solution results in a price/performance combination that is superior to other broadband offerings in the low population, less dense marketplace. Gateway Access Solutions is headquartered in Carson City, NV and is currently providing solutions in the Danville, Scranton and Wilkes-Barre, PA, as well as in Albuquerque, NM. For more information contact the company at 775-841-7442 or visit the web site at www.GatewayAccessSolutions.com. Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to 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. These forward-looking statements reflect assumptions and involve risk and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements. |
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