| [January 31, 2005] |
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Blue Wireless & Data Announces Acquisition of Canton Technology Center, LLC
DALLAS --(Business Wire)-- Jan. 31, 2005 -- Blue Wireless & Data, Inc. (OTCBB:BWDI) today announced it has acquired Canton Technology Center, LLC, a collocation data center based in Dallas. Canton Technology Center is a secure telecommunications collocation facility that provides carrier-neutral access to tier 1 broadband Internet services for its customers.
Blue Wireless & Data Chief Operating Officer, John Mills, stated, "With the addition of Canton Tech Center, Blue Wireless will realize the benefits of increased control over the Company's bandwidth utilization, lowered cost of Internet service, and the ability to provide enhanced services. The resulting arrangement will enable us to more efficiently provide quality service to our new customers we have brought on through our recent acquisitions."
"We anticipate that both companies will create new sales opportunities for each other," he added.
Blue Wireless & Data is aggressively pursuing similar acquisitions to complement its current wireless broadband Internet network system and increase its customer base.
Blue Wireless & Data is a broadband service provider delivering high-speed wireless Internet access to residential customers and small to medium-sized businesses, as well as high-speed land-based bandwidth from T1s to DS3s for enterprise-level solutions. For further information, visit www.bluewirelessdata.com.
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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