ICOA, Inc. Registered as a Reporting Company

Apr 11, 2001, 01:00 ET from ICOA, Inc.

    WARWICK, R.I., April 11 /PRNewswire/ -- ICOA, Inc.
 (OTC Bulletin Board:   ICOA) announced that it became a reporting company under
 the Securities Exchange Act of 1934, making it possible for ICOA to begin
 trading on the OTC Bulletin Board.
     ICOA President and CEO George Strouthopoulos stated, "Our registration as
 a reporting company is exciting for ICOA, and is the realization of one of our
 key corporate goals.  We expect to begin trading on the OTC Bulletin Board
 shortly, which will benefit our many loyal shareholders by giving them
 increased liquidity, and will provide ICOA with increased credibility and
 access to capital markets."
     ICOA, Inc. is a development stage company in the process of developing an
 automated network of internet pay phone terminals with video advertising
 displays.  We have developed the plans for a managed network to provide
 telecommunications, business, and e-commerce services via these terminals.
 The services we intend to provide include communication services such as
 telephone, e-mail, and facsimile; and business services such as copy and
 print; and e-commerce services, including advertising, shopping, and bill
 paying.
 
     This press release contains certain forward-looking statements concerning
 ICOA, which are subject to a number of known and unknown risks and
 uncertainties that could cause actual results, performance and achievements to
 differ materially from those described or implied in the forward-looking
 statements.  These risks and uncertainties include, but are not limited to,
 the risks and uncertainties discussed in the Company's Registration Statement
 on Form SB-2 on file with the SEC and other filings made with the SEC from
 time to time.
 
     For additional information, please call us at (401) 739-9205.
 
 

SOURCE ICOA, Inc.
    WARWICK, R.I., April 11 /PRNewswire/ -- ICOA, Inc.
 (OTC Bulletin Board:   ICOA) announced that it became a reporting company under
 the Securities Exchange Act of 1934, making it possible for ICOA to begin
 trading on the OTC Bulletin Board.
     ICOA President and CEO George Strouthopoulos stated, "Our registration as
 a reporting company is exciting for ICOA, and is the realization of one of our
 key corporate goals.  We expect to begin trading on the OTC Bulletin Board
 shortly, which will benefit our many loyal shareholders by giving them
 increased liquidity, and will provide ICOA with increased credibility and
 access to capital markets."
     ICOA, Inc. is a development stage company in the process of developing an
 automated network of internet pay phone terminals with video advertising
 displays.  We have developed the plans for a managed network to provide
 telecommunications, business, and e-commerce services via these terminals.
 The services we intend to provide include communication services such as
 telephone, e-mail, and facsimile; and business services such as copy and
 print; and e-commerce services, including advertising, shopping, and bill
 paying.
 
     This press release contains certain forward-looking statements concerning
 ICOA, which are subject to a number of known and unknown risks and
 uncertainties that could cause actual results, performance and achievements to
 differ materially from those described or implied in the forward-looking
 statements.  These risks and uncertainties include, but are not limited to,
 the risks and uncertainties discussed in the Company's Registration Statement
 on Form SB-2 on file with the SEC and other filings made with the SEC from
 time to time.
 
     For additional information, please call us at (401) 739-9205.
 
 SOURCE  ICOA, Inc.