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Corridor Communications Corporation Purchases 100% of Quik Internet of the Valley Inc., an ISP Serving Salem and Albany, Oregon
Corridor Adds Over 1200 Subscribers to its Customer Base and Expands its Product Offerings to Include Dial-Up Options and DSL Through Qwest MOUNTAIN VIEW, Calif. - PRNewswire-FirstCall - July 12
MOUNTAIN VIEW, Calif., July 12 /PRNewswire-FirstCall/ -- Corridor Communications Corporation (BULLETIN BOARD: CORR) has completed its acquisition of Quik Internet of the Valley Inc. Quik Internet is an established Oregon ISP serving cities located on the I-5 corridor from Albany to Newberg. Quik Internet provides web site hosting, dial up Internet access, DSL and email. With this acquisition, Corridor is now positioned to provide a full offering of Internet services to every potential customer in the Central Willamette Valley. Quik Internet's subscribers will be able to continue with their wired connection but now have wireless roaming capabilities within Corridor's existing and future HOTZone's. At the same time our existing wireless customers will now have a dial-up option when traveling outside the area.

Corridor now has a seasoned marketing group that comes as part of Quik's infrastructure as well as a customer service department and billing system.

Chris Lindgren of Quik Internet said, "We are extremely pleased with becoming part of Corridor Communications. Now with our Wireless option, we will give the entire customer base roaming capabilities, this creates a product that is exclusive to Corridor in our market area. Our WI-FI model and services certainly enhances our ability to compete with Cable Modem and DSL."

"One of our goals is to have a products that fits the needs and pocket books of everyone. This acquisition gives Corridor all of that, plus we pick up the best marketing team of Internet service in the area. We are looking to gain significant market growth and having a home grown group with a winning track record is very important," said J. Michael Heil Chief Executive Officer of the Company.

Scott Mac Caughern, Chairman of Corridor Communications Corporation stated, "Having multiple service options available is important to subscriber growth. This deal with Quik allows us to offer service to 100% of the area and makes our marketing efforts much more effective. There will not be any customer requesting service that will go un-served. This makes us unique and continues to improve our position in the market."

About Corridor Communications

Headquartered in Mountain View, California with Operations in Salem, Oregon, Corridor Communications, Inc. is an integrated wireless Internet service provider (WISP) offering high-speed Internet and data services, to residents and businesses. The Company plans to implement a growth-through-acquisition strategy by targeting small to mid size Dial Up Internet Service Providers (ISP) in areas underserved by current broadband options. The growth strategy will also focus on creating partnerships with existing hot spot management companies while building company owned hotspots to create ubiquitous coverage or "Hot Zones" that encompass entire cities.

Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x) standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and can be deployed far less expensively than comparable copper and cable technologies. The company also plans to leverage its network build out for other services that may include voice and video. For more information about Corridor Communications, please visit the Company's web site at http://www.corridorcommunications.com/ .

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. Our forward-looking statements are based on currently available information which management has assessed but which is dynamic and subject to rapid and even abrupt change due to risks and uncertainties that affect our business, including the unpredictability of future revenues and limited visibility into future demand on which to base our forecasts; the current uncertainty in our marketplace which may impact expected demand, customer selection criteria and sales cycle; our ability to execute on product deliverables and major customer contracts, slower economic growth generally, slower adoption of broadband technology, or cutbacks in information technology spending; and factors beyond our control such as power outages or work stoppages at key customers.

Contact: Scott Mac Caughern of Corridor Communications Corp., [phone], or [e-mail].

Corridor Communications Corporation

Web site: http://www.corridorcommunications.com/




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