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Central Wireless Acquires Towers

November 21, 2003 07:01:00 (ET)


SARASOTA, Fla., Nov 21, 2003 (BUSINESS WIRE) -- Central Wireless, Inc. (CWIR, Trade) announced today that it has acquired three 260 ft. guyed towers for installation at future sites. The towers were acquired from Diversified Management, Inc. Specific terms and conditions were not announced.

Each of the towers are capable of handling up to four wireless carriers. They will be used at sites in the current expansion project underway in the Southeastern United States.

The Company, has set forth on a major construction growth phase in the Southeastern United States. To date, there have been announcements on six major tower construction projects including the 260 ft. Sasser Tower facility, the 280 ft. Ousley Tower facility, the 280 ft. Norman Tower facility, the 360 ft. Georgetown Tower facility, the 195 ft. Line Tower facility, as well as the Greens Cut 300 ft. Tower facility, Steve Troyan, Vice President of construction, said today.

All of the construction projects are being completed for Alliance Tower, Inc. of Sarasota, FL and are located in Georgia and South Carolina.

About Central Wireless, Inc.

Central Wireless, Inc., specializes in providing site development and construction services to the wireless telecommunications industry. Central Wireless understands the needs and complexities found in today's telecommunication marketplace and we are committed to offering our customers both innovative and cost savings solutions. For more information on Central Wireless, Inc. see http://www.centralwirelessinc.com.

Statements about the company's future expectations, including revenues and earnings and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Capital Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as the term defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the company will appropriately inform the public.

SOURCE: Central Wireless, Inc.


Central Wireless, Inc., Sarasota
Ken Brand, 941/929-1534

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