World Wide Wireless Communications, Inc. and Its Subsidiary Digital Way, S.A. de C.V. Announce Commercial Agreement to Provide Last Mile Connectivity to Major Internet Service Provider in Lima, Peru.Business Editors and Technology Writers OAKLAND, Calif.--(BUSINESS WIRE)--Nov. 30, 2000 World Wide 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. , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :WLGS) announced today that its wholly-owned Peruvian subsidiary, Digital Way, S.A. de C.V. has entered into a commercial agreement with Infoductos y Telecomunicaciones del Peru, S.A ("ITPSA") to provide high speed last mile connectivity to ITPSA's customers. ITPSA is a subsidiary of Red Cientifica Peruana, S.A. the long-time leading Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. for Lima and Callao, Peru. Until this agreement was executed, all of ITPSA and Red Cientifica's customers had been connected to the Internet through dial-up service offered by the local telephone companies. "Our selection by ITPSA and Red Cientifica to provide high speed last mile connectivity for their premium customers is quick confirmation of the acceptance of Digital Way's wireless service as a credible alternative to other high speed operators in Lima," noted Douglas P. Haffer, President and Chief Executive Officer of WLGS. "By providing this type of service to the customers of ITPSA and Red Cientifica, Digital Way will be able to secure a significant revenue stream without a significant impact on the capacity of the rest of our system," he added. The agreement with ITSPA ITSPA Information Technology Solutions Providers Alliance is for a period of two years. The other terms, including the specific pricing provisions, were not released for competitive reasons. "The ability to establish tactical and marketing agreements with apparent competitors, as well as to formulate marketing tie-in agreements with a wide variety of possible partners is a major part of our Peruvian business plan," commented Haffer. "Our success in these efforts, along with our rapidly growing retail customer base in Lima, has been most encouraging," he concluded. In the initial two weeks of installations and operations in Lima, Digital Way has installed or is in the process of installing service to at least fifty-eight separate customers, totaling over one-hundred fifty connections. Among the early customers of Digital Way are Aerolineas Argentinas, Biometria Peru S.A., Saver Com S.A. and many others. Among the dozens businesses in the process of being inspected and installed are the Municipality of Lima, Odontology odontology /odon·tol·o·gy/ (o?don-tol´ah-je) 1. scientific study of the teeth. 2. dentistry. o·don·tol·o·gy n. College of Peru, National University of Callao, French Institute of Andean Studies, Algodonera Peruana, S.A. and BBDO BBDO Batten, Barton, Durstine & Osborn BBDO Bringing Biogeographic Data Online Peru, S.A. The inspection process for these businesses requires, among other things, establishing that they are within line-of-sight of Digital Way's transmitting tower on Morro Solar Hill. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , technicians from Andrew Corporation Andrew Corporation is an American multinational producer of communications devices. Andrew is a global designer, manufacturer, and supplier of communications equipment, services, and systems. , WLGS' systems integrator, continue to monitor the transmission characteristics of Digital Way's operations. Digital Way, WLGS, and Andrew are maintaining this initial monitoring to assure uninterrupted high quality service to newly installed subscribers. "The daily monitoring by Andrew continues to show that the quality of Digital Way's transmissions meets or exceeds expectations and competition," noted Dana Miller, Vice President of Systems Expansion of WLGS. "The 3.8 and 4.5 meter satellite dishes are functioning as expected and the Harris microwave data link is working so well that Digital Way has transmitted over ten million data packets without a single packet loss or interruption," he added. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under 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: The statements contained in this release which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control, delays in development and testing of products, and fluctuations in demand for the products and services of the Company |
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