Warwick, RI, April 1, 2005 – ICOA, Inc., (OTC Bulletin Board: ICOA), a leading provider of neutral-host wireless broadband Internet networks and managed services in airports, restaurants, marinas and hot zones, announced today its iDock division launched its 41st Marina Wi-Fi hot zone at the Ventura Yacht Club.
iDockUSA is one of the largest providers of marina Wi-Fi zones in the US, currently reaching more than 20,000 slips with broadband wireless coverage and long-term contracts.
The new deployment at Ventura Yacht Club provides wireless Internet service to the entire facility, slips and adjoining public use facilities and adds to iDock’s existing regional deployments at Ventura Harbor, Ventura West Marina I and Ventura West Marina II.
“ICOA continues to see very encouraging month over month growth in the marina market and we will focus increasing resources on this business unit going forward,” said ICOA’s president Rick Schiffmann. “ICOA’s broadband wireless solution allows subscribers in the marine environment to stay in touch, stay informed and stay safe. The iDockUSA marina Wi-Fi HotZone provides more than convenience. It also provides the capacity to stay in touch with home and office as well as obtain in-depth weather reports and charts and receive real time safety bulletins at the slip, in the parking lot or on the water.”
Boaters with Wi-Fi enabled laptops or PDAs can connect to the Internet to check their e-mail, access their corporate servers, download important documents and surf the Web with convenient and flexible service plans including a daily rate, and monthly and yearly subscription services. Rates and subscription plans can be found by visiting http://www.icoacorp.com or http://www.idockusa.com.
About ICOA, Inc.
ICOA, Inc. is a leading 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, marinas, hospitality and hot zone locations. ICOA currently owns or operates 1000 broadband access installations in high-traffic locations serving tens of millions of annual patrons in 44 states. For additional information, visit http://www.icoacorp.com.
An investment profile about ICOA may be found online at http://www.hawkassociates.com/icoa/profile.htm
For more information, contact John Balbach at ( 401) 352-2368. For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, e-mail: firstname.lastname@example.org. Detailed information about ICOA, Inc. can be found on the website http://www.icoacorp.com. An online investor kit containing ICOA press releases, SEC filings, current price Level II quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com andhttp://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.