High Speed Access Corp. Reaches 150,000 Residential Cable Modem Subscribers

Apr 25, 2001, 01:00 ET from High Speed Access Corp.

    LITTLETON, Colo., April 25 /PRNewswire/ --
 High Speed Access Corp. (Nasdaq:   HSAC), a leading provider of broadband
 services, announced that it has reached the 150,000 residential cable modem
 subscriber mark, representing a 50% increase from December 31, 2000
 subscribers of 100,000.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000526/HSALOGO )
     "We are delighted with our achievement of another subscriber milestone,
 and we are excited to be delivering a product that is in such high demand
 among consumers," said Dan O'Brien, President and CEO of HSA.
     For the quarter ended March 31, 2001, HSA recorded residential subscribers
 of approximately 140,000, a year-over-year increase of 438% from
 26,000 subscribers at March 31, 2000. In addition to significant subscriber
 gains during the first quarter, HSA also deployed an additional 400,000 homes,
 bringing its total deployments to 4.2 million homes passed at the end of the
 first quarter.
     O'Brien added, "Given such a large number of homes in which our service is
 now available, the opportunity is ripe to continue to expand our subscriber
 base.  As this occurs, we will further enjoy the cost benefits of leveraging
 our national infrastructure.  In addition, as we continue to grow deployments
 under our Network Services Agreement business model, we expect to enjoy lower
 subscriber acquisition costs and enhanced customer service for both the end
 users and our cable customers."
 
     Conference Call Scheduled for May 8
     High Speed Access Corp. will conduct a conference call to discuss their
 first quarter 2001 operating results and outlook on Tuesday, May 8, 2001, at
 1:00 p.m. Eastern Time.  In order to participate, please call (800) 553-0327
 (USA) or (612) 332-0630 (International) 10 minutes prior to 1:00 p.m. Eastern
 Time and inform the operator that you are participating in the HSA First
 Quarter Earnings Conference Call.  The call can also be accessed through the
 web at www.hsacorp.net.  If you are unable to attend the live conference call,
 replays will be available after 3:00 p.m. Eastern Time on both the web at
 www.hsacorp.net or telephonically at (800) 475-6701 (USA) or (320) 365-3844
 (International) access code 580441.
 
     About High Speed Access Corp.
     High Speed Access Corp. (Nasdaq:   HSAC), a Wired World company(TM), is a
 leading provider of broadband Internet access and related communications
 services to residential customers and small and medium enterprises, or SMEs,
 nationwide primarily using cable modem technology.  HSA's core service
 offering currently consists of cable modem Internet access, which HSA offers
 at several speeds and prices to residential end users through partnerships
 with cable multiple system operators.
 
     Cautionary Note Regarding Forward Looking Statements about HSA
     This press release contains statements about future events and
 expectations that are "forward-looking statements."  Any statement in this
 press release that is not a statement of historical fact is a forward-looking
 statement that involves known and unknown risks, uncertainties and other
 factors which may cause the company's actual results, performance or
 achievements to be materially different from any future results, performance
 or achievements expressed or implied by such forward-looking statements.
 Specific factors that might cause such a difference include, but are not
 limited to: the company's uncertain ability to control expenses and increase
 revenues to achieve its business plan, particularly in light of the company's
 limited capital; the company's unproven and evolving business model, which
 recently has undergone substantial changes; the company's history of losses
 and anticipation of future losses; the company's limited capital resources,
 which may be depleted faster than the company anticipates if it is not able to
 increase revenues and control expenses consistent with its business plan, and
 which may constrain the company's ability to operate at its current levels or
 to offer current products or services; the company's need for additional
 capital, which may not be available in the future to fund its business plan;
 potential fluctuations in the company's operating results; the company's
 potential inability to attract and retain end users; disruptions to operations
 and accounting charges that could occur if the company decided to pursue an
 acquisition; the company's potential inability to establish or maintain
 relationships with DSL partners and cable operators, including Charter
 Communications; rapid technological change and evolving industry standards in
 the markets for the company's services; and those risks and uncertainties
 discussed in filings made by the company with the Securities and Exchange
 Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73037649
 
 

SOURCE High Speed Access Corp.
    LITTLETON, Colo., April 25 /PRNewswire/ --
 High Speed Access Corp. (Nasdaq:   HSAC), a leading provider of broadband
 services, announced that it has reached the 150,000 residential cable modem
 subscriber mark, representing a 50% increase from December 31, 2000
 subscribers of 100,000.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000526/HSALOGO )
     "We are delighted with our achievement of another subscriber milestone,
 and we are excited to be delivering a product that is in such high demand
 among consumers," said Dan O'Brien, President and CEO of HSA.
     For the quarter ended March 31, 2001, HSA recorded residential subscribers
 of approximately 140,000, a year-over-year increase of 438% from
 26,000 subscribers at March 31, 2000. In addition to significant subscriber
 gains during the first quarter, HSA also deployed an additional 400,000 homes,
 bringing its total deployments to 4.2 million homes passed at the end of the
 first quarter.
     O'Brien added, "Given such a large number of homes in which our service is
 now available, the opportunity is ripe to continue to expand our subscriber
 base.  As this occurs, we will further enjoy the cost benefits of leveraging
 our national infrastructure.  In addition, as we continue to grow deployments
 under our Network Services Agreement business model, we expect to enjoy lower
 subscriber acquisition costs and enhanced customer service for both the end
 users and our cable customers."
 
     Conference Call Scheduled for May 8
     High Speed Access Corp. will conduct a conference call to discuss their
 first quarter 2001 operating results and outlook on Tuesday, May 8, 2001, at
 1:00 p.m. Eastern Time.  In order to participate, please call (800) 553-0327
 (USA) or (612) 332-0630 (International) 10 minutes prior to 1:00 p.m. Eastern
 Time and inform the operator that you are participating in the HSA First
 Quarter Earnings Conference Call.  The call can also be accessed through the
 web at www.hsacorp.net.  If you are unable to attend the live conference call,
 replays will be available after 3:00 p.m. Eastern Time on both the web at
 www.hsacorp.net or telephonically at (800) 475-6701 (USA) or (320) 365-3844
 (International) access code 580441.
 
     About High Speed Access Corp.
     High Speed Access Corp. (Nasdaq:   HSAC), a Wired World company(TM), is a
 leading provider of broadband Internet access and related communications
 services to residential customers and small and medium enterprises, or SMEs,
 nationwide primarily using cable modem technology.  HSA's core service
 offering currently consists of cable modem Internet access, which HSA offers
 at several speeds and prices to residential end users through partnerships
 with cable multiple system operators.
 
     Cautionary Note Regarding Forward Looking Statements about HSA
     This press release contains statements about future events and
 expectations that are "forward-looking statements."  Any statement in this
 press release that is not a statement of historical fact is a forward-looking
 statement that involves known and unknown risks, uncertainties and other
 factors which may cause the company's actual results, performance or
 achievements to be materially different from any future results, performance
 or achievements expressed or implied by such forward-looking statements.
 Specific factors that might cause such a difference include, but are not
 limited to: the company's uncertain ability to control expenses and increase
 revenues to achieve its business plan, particularly in light of the company's
 limited capital; the company's unproven and evolving business model, which
 recently has undergone substantial changes; the company's history of losses
 and anticipation of future losses; the company's limited capital resources,
 which may be depleted faster than the company anticipates if it is not able to
 increase revenues and control expenses consistent with its business plan, and
 which may constrain the company's ability to operate at its current levels or
 to offer current products or services; the company's need for additional
 capital, which may not be available in the future to fund its business plan;
 potential fluctuations in the company's operating results; the company's
 potential inability to attract and retain end users; disruptions to operations
 and accounting charges that could occur if the company decided to pursue an
 acquisition; the company's potential inability to establish or maintain
 relationships with DSL partners and cable operators, including Charter
 Communications; rapid technological change and evolving industry standards in
 the markets for the company's services; and those risks and uncertainties
 discussed in filings made by the company with the Securities and Exchange
 Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73037649
 
 SOURCE  High Speed Access Corp.