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Broadspot World Wide Wireless to Acquire Internet Properties Group



EUREKA, CA--(Marketwire - May 1, 2009) - Broadspot World Wide Wireless, Inc. (PINKSHEETS: BWWD) announced today that it has signed a letter of intent to acquire Internet Properties Group, Inc. ("IPG"), an Internet software development company located in Beverly Hills, CA.

Nyhl Henson, CEO of Broadspot, said, "We recognize the synergies offered by having a portfolio of Internet-based commercial properties and feel that IPG will contribute to the overall success of Broadspot."

Phillip Keuber, President of IPG, said, "We share Mr. Henson's vision of deploying wireless broadband access to underserved areas in the nation and feel that the visibility of this effort will contribute to the commercial success of our products."

About Internet Properties Group

Internet Properties Group, Inc. ("IPG") is a company specializing in the acquisition, development, and sale of software through revenue generating Internet websites. The company is operating and marketing the websites: www.blogpromotionsoftware.com and www.seopainter.com. A third site is in beta testing.

Blog Promotion Software is fully integrated software which seamlessly takes care of blog promotion needs while minimizing effort spent by the blogger on promotion.

SEOpainter is SEO (search engine optimization) software. SEO software allows website owners and Internet marketers to improve the volume and quality of traffic to a web site from search engines via "natural" ("organic" or "algorithmic") search results.

About Broadspot World Wide Wireless, Inc.

Broadspot was founded for the purpose of acquiring existing privately held cash flow positive WISPs in markets with little or no competitive broadband availability to deploy fixed wireless broadband networks. The Company's objective is to gradually convert existing dialup customers to broadband service and deploy Voice Over Internet Protocol ("VoIP") telephony service and made-for-Internet content.

Forward-Looking Statements

This release includes "forward-looking statements" from the Company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
Contact Information

Contact:
Nyhl Henson
CEO
Phone: [phone]
eMail: [e-mail]

http://www.marketwired.com/press-release/broadspot-world-wide-wireless-to-acquire-internet-properties-group-1229585.htm