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KittyCat · #1 09-04-2009, 02:41 PM

ICOA: $0.0003[+] $0.0004 $0.0004 0.0001 33.33% $0.0003 $0.0003 1,457,500 Trade 9/4/2009 2:32:41 PM ET

This is a low-float runner, I am thinking...

(old news)

Market Wire - September 1, 2006 7:30 AM (EDT)

Restaurant Patrons Enjoy Free Broadband Web Access With Great Food and Micro-Brewed Beer

WARWICK, RI, Sep 01, 2006 (MARKET WIRE via COMTEX) -- ICOA Inc. (OTCBB: ICOA) has added a menu item that is proving very popular with customers of the new Embers Grill in Alpharetta, Georgia. In addition to tasty grilled meats and fine beers from an on-premises microbrewery, patrons of Embers Grill enjoy free Wi-Fi broadband Internet access.

Restaurateur Gilles Maillet has spent three decades in senior posts at major restaurant chains, so he knows what it takes to keep customers happy and coming back. He applied all of that knowledge and experience when he struck out on his own, establishing Embers Grill. The upscale grill, located in a fast-growing suburb north of Atlanta, seats 250.

Mr. Maillet chose a format popular with today's busy diners -- hearty, cooked-to-order food served quickly in a friendly, casual setting. He also installed an amenity that is increasingly popular at restaurants across America: a Wi-Fi network that offers his patrons free high-speed Internet access, and also serves as a vital tool for the Embers Grill staff. Mr. Maillet turned to ICOA, Inc. to design, install and maintain the network, and to provide ongoing customer support both to Ember Grills and to any of his customers that need a little help getting online.

"Wi-Fi is an important service for our customers today," says Mr. Maillet. "They want to relax and have a great meal, but they also want the ability to take a moment and check e-mail or get online for a few minutes before or after they eat. Offering them our ICOA wireless network is just another way to let them know that we appreciate their patronage."

Although one of the farthest of Atlanta's suburbs, Alpharetta is an affluent, growing city that has a strong business community. Many Embers Grill diners work at the high-tech companies that now have offices in the area, including IBM, AT&T, Siemens, E-Trade, Lucent, Nortel, Verizon and the headquarters of ChoicePoint. All are within a few minutes of the restaurant, which is located at 3655 Old Milton Parkway in Alpharetta.

The Embers Grill Wi-Fi network is powered by ICOA through its Restaurants and Retail Solutions group. ICOA is a leading provider of Wi-Fi solutions to venues nationwide, including Panera Bread, Au Bon Pain, Denny's, Panda Express, Bruegger's, Stop & Shop, Giant Foods, Kroger and others.

Mr. Maillet, who trained in the culinary arts in Lausanne, Switzerland, worked at the TGI Fridays, Taco Bell and Panera Bread restaurant chains before establishing Embers Grill. It was at Panera Bread, which also uses the ICOA Wi-Fi system in some of its stores, that he first became familiar with the technology and its appeal.

The ICOA Wi-Fi networks offers customers of the host locations secure, convenient broadband wireless Internet access. The on-premises networks typically cover the entire store as well as adjacent areas, such as parking lots and outdoor patios. While popular with customers at any time, the networks have proven to be an especially effective way of generating additional business at off-peak times.

Mr. Maillet says that he chose ICOA in part because they offer turnkey support, including design, setup and fine-tuning of the sophisticated wireless technology. "But what really impressed me was their ability to turn technology into a true customer amenity," he says.

He explains that ICOA's customer call center is available around the clock to help any patron who needs support. "I don't want my reservations clerk trying to figure out how to configure a customer's wireless card or VoIP setup," he says. "Even more important, ICOA can filter the content, so I don't have a situation where one customer is viewing **** or other material that could be offensive to diners at the next table."

At Embers Grill, the customers are not the only ones using the Wi-Fi network. The system also serves as the communications backbone of the restaurant's own computer system. Mr. Maillet has installed a suite of software packages that help manage virtually all of the restaurant's operations. For example, a program from Atlanta-based Queuent allow Embers Grill customers to make reservations online, and enables the restaurant's staff to track and manage reservations to minimize customer waiting time while maximizing revenue.

"Our staff needs to be mobile, and having the ability for them to access the restaurant's software from anywhere on the premises, via the ICOA Wi-Fi network, gives us enormous flexibility and saves a lot of time," Mr. Maillet says.

About ICOA, Inc.

ICOA, Inc. (OTCBB: ICOA) is a national provider of wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operation, maintenance and management of Wi-Fi hot-spot and hot-zone Internet access. Based in Warwick, Rhode Island, ICOA owns or operates over 1,800 broadband access installations in high-traffic locations across 45 states, located in airports, quick-service restaurants, hotels and motels, travel plazas, marinas, universities, and municipal structures and locales. ICOA networks are compatible with widely-used 802.11x technology and with virtually all Internet service providers. Further information is at ICOA:: Broadband Wireless Solutions.

Press contact:
Alexander Auerbach
Auerbach & Co., Inc.
1-800-871-2583
auerbach@aapr.com

SOURCE: ICOA, Inc.

mailto:auerbach@aapr.com

KittyCat · #2 09-04-2009, 02:50 PM

Volume slowly climbing - this may run this afternoon - I hope so!

KittyCat · #3 09-04-2009, 03:19 PM

ICOA Sampling AnchorFree Extras
By Eric Griffith

April 17, 2007

Wi-Fi hotspot provider ICOA is offering its customers the opportunity to join AnchorFree's hotspot community.

For the last six months, AnchorFree -- which established itself by offering free hotspot services in the San Francisco Bay area, as well as an online directory of free hotspots -- has been offering venues the opportunity to get a free Wi-Fi router that they can use for more than just customer Internet access. Customers are greeted by a browser login page that can be fully customized by venue owners with their own content, such as sales and specials or even simple blog entries, widgets with info like local movie listings, and more.

"Businesses can't always tell customers about upcoming events, new drinks," says Chris Bauman, marketing coordinator for AnchorFree. "Whatever they can think of to tell customers, this does it, over the Wi-Fi connection. That's the main value proposition."

AnchorFree also has an advertising option, and a Free Rewards program that will share revenue with venue owners who deliver the eyeballs. There's no minimum nor limit on how little or how much -- but the users have to be Web surfers, as the ads are viewed only in a browser.

ICOA, which operates hotspots in venues as varied as cafes, airports, hotels and RV parks, will apparently make the AnchorFree box available to all its own venue customers. ICOA will still authenticate users, but users can also register through AnchorFree with just a name and e-mail, which is then shared with venue owners. "It continues the open communication, which is valuable for the owner, and develops some customer loyalty," claims Bauman. "The customer gets updates then about their favorite locations, finding out things they didn't know otherwise."

ICOA's own billing system, part of its TollBooth OSS Platform, was upgraded in October 2006 to support time-based billing. It's up to the venue owners whether they charge or not, and how much. ICOA provides Wi-Fi for, among others, Denny's, Panera Bread, Bruegger's Bagels and Au Bon Pain.

Bauman didn't have any specific numbers on how many ICOA venues are using the AnchorFree service/router yet, but says it's been a large conversion, and that "they're ramping up."

The router -- a Buffalo Technology router with a change to the firmware inside -- is actually free for any hotspot venue owner. Updates are happening all the time automatically, but as yet, AnchorFree has not centralized the smarts of the system. Each venue still needs a full router.

The goal is to make signing on at free hotspot venues as concise a procedure as you'd find at a for-fee hotspot like Starbucks. "You connect, open your browser, come to the landing page, and it asks for money," says Bauman of T-Mobile's service at the coffee shop chain. "So the big idea is this: a consistent experience at every location. The same for free Wi-Fi. That's our vision."

How do they offer it for free? "There's enough benefit for the owner and for us, so there's no reason to charge at this point," says Bauman. He expects they'll have over 1,000 venues using the system before the end of June; the company's goal is to reach 10,000 locations. "We'd love to do that before the end of the year," he says.

The company is testing an enterprise-class box to handle much larger amounts of traffic than is typical for them today in a cafe or restaurant. The new unit will be for hotels and convention centers.

AnchorFree offers access to its regularly updated usage statistics online, and currently lists California, Illinois, Texas, Washington and Georgia as the "Top 5 Wireless Regions in the United States." San Francisco -- AnchorFree's hometown -- is the number one city, with 467 free hotspots in the AnchorFree directory, which is currently limited to the U.S. and Canada.

KittyCat · #4 09-04-2009, 03:21 PM

ICOA Buys RV Park Hotspot Provider
By Eric Griffith

July 14, 2005

ICOA Corp. continues building out its little Wi-Fi empire. This week, the company announced its sixth acquisition, this time of LinkSpot Networks, a provider of Wi-Fi services at 80 recreational vehicle (RV) parks and campgrounds around the United States.

John Balbach, Vice President of Corporate Development at ICOA, says this puts the company at over 1,200 hotspots across 45 states. The bulk of this growth happened just last year, when ICOA went from a few airports to 900 owned or managed hotspots.

Other hotspot providers owned by ICOA include QGo, which does café hotspots; iDockUSA, with service at marinas and ports; Airport Network Solutions (the name speaks for itself); and Wise Technologies, with hotspots in a number of areas, including multi-dwelling units (MDUs). The company also owns AuthDirect, which provides OSS back-end services for several hotspot providers.

The entire ICOA hotspot footprint is in the process of moving to AuthDirect's TollBooth system, giving a subscriber using iDockUSA locations access to those at ICOA-run airports as well, for example. "Today, the payments are separate on all," says Balbach, "but it'll shortly be seamless. We built the network through acquisition, but we're unifying under a single platform."

ICOA's latest buy, LinkSpot, has grown from 30 locations in the summer of 2003 to 80 locations in 26 states today. Those locations encompass 20,000 individual campgrounds. That's only a drop in the bucket, though, as the company estimates the total market of RV/campgrounds includes over 2 million locations that are potential customers for wireless connections.

The former CEO of LinkSpot, Alan Kobran, will move to ICOA to become Vice President of Outdoor Hospitality and Recreation. He'll work on consolidating all of ICOA's recreational-related locations.

Balbach says the LinkSpot buy makes sense considering their success with iDockUSA. "If you look at RV parks and marinas, they're highly complementary," he says. "They operate in similar ways in terms of user base, habits and behaviors."

The LinkSpot deal was done for stock, so all LinkSpot share holders become ICOA shareholders.

While ICOA is already a roaming partner with hotspot aggregators like Boingo Wireless and iPass, Balbach says the company was waiting to pass the 1,000 locations mark to have more serious conversations with other network providers for roaming deals. "It's an open architecture," he says. "Our business model isn't owning the customer. We build and manage and maintain networks, and want to make them available to others."

KittyCat · #5 09-04-2009, 03:27 PM

This seems to be a progressive company - I believe this stock is way undervalued!

ICOA: Building a Wi-Fi Empire
By Gerry Blackwell

That a company like ICOA Corp. would emerge in the Wi-Fi industry seems almost inevitable in retrospect. It's a conglomerate built through acquisition, designed to exploit the continuing consolidation in the industry. ICOA is in some respects the antithesis of the entrepreneurism that marked the first phase of the development of Wi-Fi.

Once known as Information Companies of America, the Warwick, R.I.-based company is just plain ICOA now. Publicly traded for 20 years, ICOA has had a long and varied history in communications and information-related industries. Before it began an on-the-fly restructuring in mid-2003 to change its focus to the exploding Wi-Fi market, the company was mainly known for operating a network of self-service wired Internet payphone kiosks.

Today it focuses exclusively on Wi-Fi, mainly on providing managed services. Vice president of corporate development John Balbach notes that ICOA is one of the only pure Wi-Fi companies that is publicly traded, a significant distinction.

It has built its Wi-Fi presence in a very short time through acquisition. And more acquisitions are coming.

In 2003, after the mid-year makeover, ICOA snapped up QGO, a Wi-Fi infrastructure management firm and hotspot operator, and Airport Network Solutions, a company providing public hotspot and private Wi-Fi services in airports.

Then in 2004, a break-out year, it added:

Metaccord Systems, a software developer offering "a partnership management software platform to wireless operators enabling them to create, implement and manage relationships with large numbers of partners,"
Seventh Wave, operator of convention center Wi-Fi services in Chicago and owner of the Net-on-the-Go advertising/information portal
iDockUSA, a WISP focused on the west coast marina market and
AuthDirect, developer of the TollBooth service management platform.
Out of this concoction of companies and technologies, ICOA has fashioned a turnkey Wi-Fi platform that it is selling to any carrier, service provider, hotspot venue owner or enterprise interested in offering a private or public Wi-Fi service. "We can now offer anything along the entire Wi-Fi value chain," says Balbach. "Network design, implementation and management, OSS [operational support systems], customer care."

In the space of one year in 2004, it went from a few airport locations to over 900 owned or managed Wi-Fi sites—including 635 in cafi and other retail locations (many of them in the Au Bon Pain chain of bakery restaurants), 40 in marinas, eight in airports, four metro hot zones and 213 others. This was only partly a result of the acquisitions. It also built out its footprint aggressively over the year. Earlier in 2005 it hit the 1,000-location mark.

At the same time as it was acquiring companies, ICOA was also loading up on experienced Wi-Fi executives, like Balbach who had been at Cometa, the short-lived AT&T-IBM-Intel joint venture that crashed and burned. Others came from MobileStar (now part of T-Mobile) and NetNearU.

"We've learned a lot from that previous experience about what does and doesn't work in Wi-Fi," Balbach says. One of the things the company learned is that it doesn't make sense to build infrastructure on spec—or almost never. ICOA would much rather build and manage Wi-Fi systems for other people (exceptions are below).

AuthDirect, though it came into the fold last, is in many ways the cornerstone of ICOA's business going forward. AuthDirect introduced TollBooth 3.0, the latest version of its OSS platform, late last year, a few months after the acquisition. The product was the winner of a Best of Show Award at the Wi-Fi Planet Conference & Expo in San Jose, Calif., in December. TollBooth is at the heart of the company's managed service offering.

Traffic from most ICOA customer sites is backhauled to one of two company operations centers—one on each coast—to redundant TollBooth servers. TollBooth includes a transaction server, administration portal, customer self-care portal, retail sign-up system, commerce processing center (third-party credit card processing) and SMTP mail server.

Key to the ICOA strategy is that the services it manages are almost never branded with an ICOA brand. It's an important differentiator, says vice president of sales Dennis diBattista.

"We want to be brand-neutral," diBattista says. "You compare that to almost any other OSS platform and it makes us different. If you're with AuthDirect, it's your own portal—you never see the AuthDirect brand. We don't want to invest in a brand and can't afford to."

The single exception within ICOA is iDock, which like many of the other acquisitions of 2003 and 2004 continues to operate as a semi-autonomous entity. iDock and Airport Network Solutions (ANS) are also the only exceptions to ICOA's rule of not building infrastructure on spec.

"If you look back at the business models of the past, like MobileStar, that were not successful, everything they did was on spec, it was their entire strategy," Balbach says. "We've made a conscious decision in the case of marinas and airports that we will pick up the capex and opex (capital and operating expenditures) because we have data to prove that it makes economic sense to do so in those sectors. But in most locations, we choose not to do that."

ICOA's competitors vary from one vertical to another. Marinas is the only one where it faces little or no competition. iDock only operates on the west coast where, as diBattista points out, because of the climate, it's a 12-month business and there are many live-aboards, the core market for the marina services. iDock has deliberately chosen not to enter the marina market on the east coast where there are strong competitors.

In the airport vertical, ICOA is focused on smaller markets, which keeps it away from many competitors. The most recent addition to its portfolio is the international airport at Charleston, S.C.. Other locations include Spokane, Wash.; Baton Rouge, La.; Sacramento, Calif.; and Savannah Ga.

"We like the Tier 2 and 3 markets because there are a lot of them in the U.S.," diBattista says. "We feel pretty confident that in those markets we're a strong player and will continue to have success."

AuthDirect markets its managed services to all other verticals. It competes with NetNearU, Pronto and Airpath — though not directly with Wayport or T-Mobile, diBattista says, because neither offers private label services. "We consider ours a very good solution in that marketplace," he says.

While TollBooth appears to be a strong offering, it does not seem that ICOA has many other clear differentiators on the technology side. It's counting on its superior marketing and growth strategies to succeed—and its supposed economic clout as a publicly traded company. The building-through-acquisition process is by no means complete.

"This industry has been around five or six years now," Balbach notes. "We see it as very fractured. Consolidation is inevitable, and we're positioning ourselves to be part of that consolidation. Being publicly traded gives us the tools to do this."

The company is mainly looking to acquire local and regional wireless ISPs with strong subscriber bases and complementary or matching vertical market focuses—although it is also talking to at least one potential target with a national presence.

"We are aggressively pursuing mergers and acquisitions activity right now and are actively engaged in conversations with a number of companies," Balbach says. "We will probably be announcing some [completed deals] in the first half of 2005."

An empire in the making? Possibly. Despite strong revenue growth, though—633% year over year for the first nine months of 2004, for example—the company is still a minor player. That impressive-sounding growth statistic is the result of recording revenue of only $778,613, up from $106,244 in the first nine months of 2003.

February 22, 2005

KittyCat · #6 09-05-2009, 02:07 AM

Pacer Health Corporation Successfully Completes Assignment of $11.7 Million in Convertible Debentures

Pacer Health Corporation Successfully Completes Assignment of $11.7 Million in Convertible Debentures

MIAMI, April 14 /PRNewswire/ -- Pacer Health Corporation, a Miami-based firm specializing in the acquisition and management of financially distressed businesses announced today that it has completed a transaction with YA Global Investments, L.P., acquiring $11.7 million in convertible debentures. The transaction brings five additional companies into the Pacer portfolio and continues Pacer along its strategic path of diversifying into industries outside the healthcare arena.

"This transaction is similar to the transaction Pacer entered into last May which allowed the Company to acquire Cargo Connection Logistics Corp. and expand our turnaround management expertise into the distribution and logistics industry," said Rainier Gonzalez, chairman and chief executive officer.

The debentures, belonging to 5G Wireless Communications, Inc., Connected Media Technologies, Inc., Ei3 Corporation, EYI Industries, Inc. and ICOA, Inc., were assigned to Pacer as a result of the transaction.

5G Wireless Communications, Inc. develops and manufactures indoor and outdoor base stations for broadband wireless networks based on the 802.11 or Wi-Fi standard.

Connected Media Technologies, Inc. is a sales and marketing company that offers digital services across media platforms, including print, television, radio, and the internet, to name a few.

Ei3 Corporation is an internet services company that creates and hosts remote monitoring applications for enterprise customers.

EYI Industries, Inc. markets nutritional supplements through an extensive distribution and sales network. The company sold over 6 million bottles of their flagship product, CALORAD(R), since they began in 1995.

ICOA, Inc. installs and operates wireless broadband (Wi-Fi) hotspots in high-traffic public areas across the United States. The company has more than 900 network installations in 44 states.

"This assignment demonstrates our continued commitment to diversify our company and ability to continue to expand our holdings," said Mr. Gonzalez.

About Pacer Health Corporation

Pacer Health Corporation is a company that focuses on financially distressed businesses in all market segments. Pacer owns acute care hospitals and medical treatment facilities; a distribution and logistics company with locations throughout the United States; and, credit facilities for several companies across multiple industry lines. Please visit Pacer for more information.

KittyCat · #7 09-05-2009, 02:12 AM

This is from the ICOA website, dated 2006:

ICOA is led by an industry-leading team, pioneers in creating next-generation broadband wireless solutions for top-tier brands, including: Starbucks, American Airlines, McDonald’s, AT&T, AT&T Wireless, Barnes & Noble Booksellers, Panera Bread, Au Bon Pain and Hilton.

George Strouthopoulos, Chairman & CEO

Utilizing his extensive experience in the marketing, production, distribution, and management of public access terminals, in 1998 he formed WebCenter Technologies, Inc., an ICOA company, to focus on the public internet access market. Partnering with SBC, WebCenter Technologies installed and operated Internet Terminals at San Francisco International Airport (SFO) and Los Angeles International Airport (LAX).

Previously, Mr. Strouthopoulos founded GOFAX, and led the development and deployment of pay-for-use, public access, 'payfax' machines worldwide. GoFAX produced over 2,500 payfax machines for customers in the US, Canada, Caribbean and British Telecom, PLC (BT) in the UK, resulting in the largest network of public access terminals in North America. GOFAX provided customized hardware and software, as well as back-office credit card processing and hotline services for its customers.

Prior to arriving in the US and following service with NATO in Europe, Mr. Strouthopoulos marketed and operated a major resort hotel in Greece.

Erwin Vahlsing, Director and CFO

With nearly thirty years of corporate finance experience, Mr. Vahlsing served as Chief Financial Officer of ICOA from his appointment in 1999 through October of 2005.

Mr. Vahlsing’s numerous fiscal leadership roles include serving as: Vice President and General Manager of Connect Teleservices, an $8 million call center; Senior Financial Analysts for Monarch Industries, a $35 million manufacturer; Vice President and General Manager of Arctic Air, a $2 million contractor; Vice President of Finance for ROLO, a $12 million manufacturer; CFO for Bloom & Son, a $35 million manufacturer; Corporate Comptroller for Trimont Chemical, an $18 million chemical manufacturer; and Corporate Comptroller for Paul Alfred, a $15 million manufacturer.

Mr. Vahlsing holds an MBA from the University of Rhode Island and a B.A. in Accounting from the University of Connecticut.

William D. Ankerstjerne, Director, Field Operations
As the Director of Field Operations for ICOA, Mr. Ankerstjerne has overall responsibility for all of the ICOA Wi-Fi deployments including RF engineering, wireless LAN /WAN design architecture, installations, equipment provisioning, R&D and personnel management for field operation, field services, purchasing, provisioning and field services contractors.

Mr. Ankerstjerne is an innovative, high-tech practitioner skilled at every level of network planning, architecture, engineering, administration, sales and management with over 10 years experience in various facets of wireless technology design and deployments. Wil has played a leading role in the ICOA conversion from a pay-per-fax purveyor into a wireless network and managed service provider for the travel industry, including prominent hotels, airports and restaurant chains nationwide.

Prior to his employment with ICOA, Wil served as the Director of Solutions Architecture for Schlumberger, a New York based fortune 1000 company, where he was responsible for various field services activities, and Chief Technology Officer for ISUTA USA, a Malaysian owned US subsidiary company responsible for the design and development of the first commercially available in-vehicle navigation and computing systems.

Wil attended Kutztown University and Eastern University, various United States Air Force schools, and and holds various certifications, licenses, and certificates in Information Technology.

Christopher Browne, Director, OperationsAs the Director of Operations, Mr. Browne has responsibilities for the overall internal operations of the company including Help Desk Services, Network Operations Center (NOC), Corporate Infrastructure and Security. Mr. Browne is also responsible for the development of operational policies and procedures.

Before ICOA, Mr. Browne worked at McDonald's Corporate where he played an integral role as Lead Engineer for the national roll out of broadband and wireless services to the 13,000 US restaurants layered with mission critical applications that directly affected restaurant sales. Mr. Browne was also responsible for the development of the national support policies and standards.

Prior to McDonald's, Mr. Browne acted as the Director of Information Technology for CNDI, a Cisco reseller and integrator specializing in VOIP, wireless and security.

Mr. Browne attended Sauk Valley College and holds several highly recognized technical certifications.

KittyCat · #8 09-05-2009, 02:15 AM

I also found this, from 2005:

Contact:
John K. Balbach
ICOA, Inc.
Tel: (401) 352-2368
jbalbach@icoacorp.com
ICOA:: Broadband Wireless Solutions
(OTCBB: ICOA)

--------------------------------------------------------------------------------

ICOA Unit Selects Schlumberger Telweb Solution and Schlumberger Network Solutions

2001-05-25 - WARWICK, R.I. /PRNewswire/ -- WebCenter Technologies, Inc., a wholly owned subsidiary of ICOA, Inc. (OTC Bulletin Board: ICOA), announced today that it has engaged Schlumberger Public Telecom and Schlumberger Network Solutions to conduct a feasibility study and generate a commercial proposal to deploy webpayphones in major U.S. airports. Schlumberger Network Solutions will provide the design and implementation services for the Network Infrastructure to support the webpayphones.

"We have spent the last two years evaluating product offerings from the leading public Internet access terminal manufacturers and have determined that the Schlumberger equipment represents the most durable and reliable technology available today," noted George Strouthopoulos, CEO, ICOA. "We are very confident that Schlumberger Public Telecom and Schlumberger Network Solutions will leverage their core competencies to produce a 'best-of-breed' solution to satisfy the requirements for airport installations," added Strouthopoulos.

"This new business relationship with WebCenter Technologies and the major U.S. airports involved in this project represents a tremendous opportunity for us to show powerful web-based applications to savvy consumers," stated Stephan Lepage, vice president, Schlumberger Public Telecom. "Our expertise in this area is perfectly matched to their needs and timing concerns."

"This feasibility study is the first step in the deployment of telweb phones and associated Network Infrastructure in major U.S. airports," said John Anderson, Northeast Technical Consulting Practice Manager, Schlumberger Network Solutions. "Schlumberger Network Solutions will help WebCenter Technologies advance to that next step by delivering superior support and high-availability network solutions."

About ICOA
ICOA, Inc., is a development stage company in the process of developing an automated network of Internet pay phone terminals with video advertising displays, through our wholly owned subsidiary WebCenter Technologies, Inc. We have developed the plans for a managed network to provide telecommunications, business, and e-commerce services via these terminals. The services we intend to provide include communication services such as telephone, e-mail, and facsimile; and business services such as copy and print; and e-commerce services, including advertising, shopping and bill paying.

About Schlumberger
Schlumberger Public Telecom is the world leader in the development, production and installation of advanced webpayphone networks, combining standard telephony with powerful web-based applications. Schlumberger Network Solutions combines fit-for-purpose technologies, secure network infrastructure and technical expertise to enable the digital enterprise. Leveraging state-of-the-art technical consulting capabilities, Schlumberger Network Solutions provides integrated information security solutions, wireless and remote network connectivity, secure global IP infrastructure, and complete network managed services. Schlumberger Limited (NYSE: SLB) is a global leader in technical services with 2000 revenue of $9.61 billion. Additional information is available from Realtime Schlumberger.

The foregoing contains "forward-looking statements" which are based on management's beliefs, as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside ICOA's control that could cause actual results to differ materially from such statements. For a more detailed description of the factors that could cause such a difference, please see ICOA's filings with the Securities and Exchange Commission. ICOA disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ICOA.

KittyCat · #9 09-05-2009, 02:16 AM

Well, hmmmm... I can`t find any more recent news on Google. Let me keep looking.