OTCBB ALERTS

[Mandroid]

ICOA, Inc. ICOA), a national provider of wireless broadband Internet networks and managed services in
high-traffic public locations, announced today that it has signed a Letter
of Intent to acquire 100% of the stock of CTURN Corporation, a high-speed
wireless broadband network service provider headquartered in Salem, Oregon.
The proposed transaction is subject to the execution of a definitive
agreement, and is contingent upon ICOA's ability to refinance a significant
portion of debt with third-party creditors.



"ICOA has been studying the fixed wireless and Wi-Max marketplace for some
time. We feel that CTURN's rural market strategy is the right plan at the
right time and complements ICOA's long-term strategy," said Rick
Schiffmann, CEO of ICOA.





"Pat Turnidge and his team have developed a comprehensive and well-financed
business model that is already receiving significant traction in their
developmental markets," said Stephen Cummings, ICOA's CFO. "I look forward
to expeditiously closing this transaction."



Pat Turnidge, President of CTURN Corporation, said, "I am extremely excited
to be working with ICOA. As we began to look at ICOA's strong back-office,
operational, and engineering capabilities, combining the wireless
deployment and operational experience of ICOA's team with CTURN's strong
position in the rural fixed wireless arena was an obvious step. This
proposed transaction greatly enhances CTURN's development schedule."



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: [e-mail].



For more information regarding ICOA, contact Erwin Vahlsing, Jr., VP
Finance at [phone] or email [e-mail].



About CTURN Corporation



CTURN Corporation is a Wireless Broadband Network Service Provider. Our
vision is to use today's most advanced technologies to provide world-class
service and products for our clients. We are committed to fast, secure and
reliable broadband wireless service, unsurpassed customer care, and
value-added programs designed to enhance the economic development of rural
America.



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.



For more information regarding ICOA, contact:
Erwin Vahlsing, Jr.
VP Finance
[phone]
[e-mail]