Gateway Access Solutions (OTC: GWYA) Acquires Purelink.net
Carson City, NV, 02/04/2005 -- Gateway Access Solutions (OTC: GWYA) a provider of licensed, wireless broadband solutions for business, announced today that the company has completed the acquisition of Purelink.net, an Albuquerque, NM-based WISP. This acquisition furthers Gateway Access Solutions’ mission to build highly secure, quality of service (QoS) networks and solutions in emerging markets utilizing its licensed, wireless Broadband Radio Spectrum (BRS) technologies.
“2005 will be a breakout year for Gateway Access Solutions. We’re beginning to realize our vision of bringing high quality, cost-effective broadband solutions to businesses located in second and third tier markets,” said Andrew Nester, CEO. “The advantages of the company’s tailored, wireless broadband solutions are perfectly matched with pent-up demand within markets such as Albuquerque. 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 -- all residing on our secure, high quality network.” Albuquerque is one of 33 markets across the United States in which Gateway owns BRS licensed frequencies.
“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.”
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.
Please visit 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 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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