SmartVideo and ICOA Sign National Live and On-Demand Video Distribution Agreement
WARWICK, R.I., Dec. 13 /PRNewswire-FirstCall/ -- ICOA, Inc. (OTC Bulletin Board: ICOA), a national provider of wireless broadband Internet networks, today announced that it has signed a national distribution agreement with SmartVideo Technologies (OTC Bulletin Board: SMVD.OB). Under terms of the agreement, ICOA will offer SmartVideo's live and on-demand video at ICOA owned and operated hotspots, including those using the LinkSpot and iDock brands. In addition, ICOA will offer SmartVideo content to its wholesale customers as a new offering by ICOA through its operating companies. With a combined retail and managed footprint of over 1,500 locations, ICOA hotspot users will have live and on-demand mobile video content available for their laptop computers, cell phones and PDAs. The service is expected to be available beginning early in 2006. "We are pleased to be able to offer our customers SmartVideo's live and on-demand video," said Rick Schiffmann, CEO of ICOA. "This will provide us with an additional revenue stream, as well as providing a new and exciting service as we continue to expand our managed services offering." "ICOA's rapidly expanding footprint is very attractive to us," said Richard E. Bennett, Jr., president and CEO of SmartVideo. "It has become increasingly important for people to obtain news and related information as it is happening, and our relationship with ICOA will help to ensure that our mobile society has access to high quality content everywhere." About SmartVideo Technologies, Inc. SmartVideo Technologies offers the first and best-in-class services for broadcasting live, on-demand and download-and-play television content for mobile video consumers around the world. SmartVideo's television solutions deliver sharp video images with fully synched audio for broadcast to video- enabled cell phones and other handheld devices, via current and next- generation cellular and Wi-Fi systems. SmartVideo's proprietary technologies include a full suite of television content management services for wireless telco carriers as well as content owners, to provide an end-to-end mobile television broadcast and business solution. SmartVideo's robust library of content includes news, weather, sports, children's programming and more, from such leading international brands as ABC News, NBC Universal, Fox Sports, The Weather Channel and dozens of others. SmartVideo's mobile video solutions provide exceptional image quality on all existing 2.5G and Edge cellular networks, and near-broadcast quality on 3G and Wi-Fi networks. SmartVideo is a Microsoft Windows Media(R) 9 Series Certified Hosting Provider. For additional information and to subscribe to SmartVideo's Live TV content packages visit http://www.smartvideo.com or using your smartphone visit http://www.windowsmedia.com/mobile. About ICOA, Inc. ICOA, Inc. 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, marinas, hospitality and municipal/hot zone locations. ICOA owns or operates over 1,500 broadband access installations in high-traffic locations across 45 states. For additional information, visit http://www.icoacorp.com. To subscribe to ICOA's email alert system, please send an email to: news- firstname.lastname@example.org. For more information regarding ICOA, contact ICOA CEO Rick Schiffmann at (401) 352-2360 or email email@example.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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