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-
subscribe@icoacorp.com.
For more information regarding ICOA, contact ICOA CEO Rick Schiffmann at
(401) 352-2360 or email rschiffmann@icoacorp.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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