ICOA Promotes diBattista to COO
WARWICK, R.I., Aug. 16 /PRNewswire-FirstCall/ -- ICOA, Inc. (OTC Bulletin Board: ICOA), a national provider of broadband Internet networks and managed services in high-traffic public locations, announced today that it has promoted Dennis diBattista to chief operating officer. diBattista has served as vice president, sales, since August 2004. Since then, ICOA's national footprint has grown by more than 215%. Rick Schiffmann, CEO of ICOA, said, "Dennis diBattista has been central to ICOA's rapid growth, including securing or building out key accounts such as Panera Bread and Trump. I have full confidence in Dennis' abilities to ensure that ICOA continues to pursue aggressive organic growth while exceeding the operational expectations of our customers." diBattista is a seasoned veteran of the competitive local exchange carrier industry. He has a strong record of financial performance and communications infrastructure installation management, including more than $300 million in fiber optic plant, transmission and switching equipment and over 350 miles of underground and aerial network construction to his credit over a 10-year period. Prior to joining ICOA, diBattista was a founder and president of QGO, now a wholly owned subsidiary of ICOA, Inc. At QGO, he led the company's growth in securing national accounts such as Panera Bread. Prior to QGO, diBattista founded QC2, a provider of contract installation services to Fortune 100 accounts, generating over $20 million in revenues. Before that, diBattista was vice president of operations for Telergy, Inc., where he managed the construction of a 300-mile fiber optic network. He has served as the general manager of Brooks Fiber Communications, responsible for the Rhode Island subsidiary operations where he oversaw $20 million in capital expenditures. diBattista holds an M.B.A. from the University of Rhode Island, an M.A. from the University of Pennsylvania and is a graduate of Boston University. diBattista said, "I am excited by the challenge of leading the operational and sales organizations within the ICOA portfolio of companies, and I plan on working aggressively with the growing ICOA team to quickly drive new business and install new services. With a concentrated focus on developing strong relationships with prospects, customers and suppliers, my goal in the near term is to shorten the booking-to-billing cycle and in the long term appreciably growing our revenues across all lines of our business." About ICOA, Inc. ICOA, Inc. (OTC Bulletin Board: ICOA) is a national provider of neutral- host wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operations, maintenance and management of neutral, common-use 802.11x standard WLAN Wi-Fi hot spot and hot zone infrastructure throughout airport facilities, quick-service restaurants, universities, travel plazas, RV/campgrounds and marinas, hospitality and hot zone locations. ICOA owns or operates over 1,300 broadband access installations in high-traffic locations across 45 states. For additional information, visit http://www.icoacorp.com . An investment profile about ICOA may be found at http://www.hawkassociates.com/icoa/profile.htm . For more information, contact ICOA VP of Corporate Development John Balbach at (401) 352-2368, e-mail: email@example.com . For investor relations, contact Frank Hawkins or Julie Marshall, Hawk Associates, (305) 451-1888, e-mail: firstname.lastname@example.org . An online investor relations kit containing ICOA press releases, SEC filings, current Level II price quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.hawkmicrocaps.com . 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.
SOURCE ICOA, Inc.
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