| [February 16, 2005] |
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Omnicity Announces High Speed Internet Business Opportunity for REMCs
INDIANAPOLIS --(Business Wire)-- Feb. 16, 2005 -- Service Concepts, a service corporation formed through the alliance of 29 rural electric membership cooperatives (REMCs), and Omnicity, Inc., an Indiana-based company that provides high speed Internet access and advanced communications solutions to communities, businesses and residential users, announced a venture to bring a wireless high speed Internet business opportunity to REMCs across the country.
"Our goal is to make sure that rural areas don't get left behind by the broadband revolution," noted Michael Earley, Omnicity Chairman and CEO. "Many residents and businesses in rural areas need and want high speed Internet at a reasonable cost. It's important to residents for the convenience and opportunities it offers, and for businesses to help them survive in today's fast paced and competitive environment. Partnering with REMC's is a great way to leverage their strengths and ours."
Steve Thrash, Service Concepts CEO, noted the economic importance of broadband access in rural areas. "Providing high speed Internet connectivity directly supports our goals of filling a need that allows recruiting employers and making our rural towns an even more attractive place."
Omnicity's pricing provides the incentive for customers to make the leap to broadband or to switch from more costly services such as cable modem access. Omnicity will also provide alternative wireless, wired and fiber solutions for larger businesses and customers who require higher bandwidth access.
Omnicity already provides wireless Internet services in several Indiana counties, and most recently launched service in partnership with Wabash County REMC. "Wabash is a perfect model of the Omnicity approach to Indiana's underserved communities," said Michael Earley, the company's CEO. "Our goal is to work with the REMCs to create partnerships that are mutually beneficial and to create a new source of revenue."
About Service Concepts
Service Concepts is an alliance created by rural electric cooperatives to serve as the gateway for innovative product and service solutions for rural America. These solutions focus on strengthening cooperative membership bonds. Service Concepts provides products and services to over 300 cooperatives nationwide.
About Omnicity
Omnicity is a provider of broadband Internet services to communities in rural areas that are underserved by traditional broadband providers such as telephone and cable companies.
Visit www.omnicity.net or email info@omnicity.net
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