Blue Wireless and Data Inc. (fka BWDI)

[kp2005]

Dennis McLaughlin AOOR CEO is Chairman of the Board of Directors at BWDI per the news from May 3 -


http://bigcharts.marketwatch.com/news/articles.asp?guid={E2268423-2CAF-4B11-93C8-3B78796E59C0}&n...

Blue Wireless & Data Announces Changes in Management
TUESDAY, MAY 03, 2005 11:20 AM
- BusinessWire




DALLAS, May 03, 2005 (BUSINESS WIRE) -- Blue Wireless & Data, Inc. (BWDI) today announced the following changes within its management team:

Mr. Kit Chambers, currently serving as a Director on the Company's Board of Directors, has assumed the responsibilities of CEO.

Mr. Dennis McLaughlin has resigned the position of CEO and will remain as Chairman of the Board of Directors.

Mr. John Mills, currently Chief Operating Officer, has assumed the role of Chief Technology Officer.

Mr. McLaughlin stated, "Blue Wireless has come a long way over the past nine months and I am proud of our accomplishments thus far. I am stepping aside as CEO in order to focus on other pressing business activities, but will remain very involved as Chairman. I believe Blue Wireless will continue to grow under the direct guidance of Mr. Chambers, and I am excited about the Company's rate of growth and its new opportunities in areas such as Voice Over IP technologies.

"I believe that Blue Wireless is in a position to show steady growth over the coming months," said Mr. Chambers. "It is my desire to capitalize on the growth we have accomplished recently, push our service offerings to include Voice Over IP and related technologies, and continue our aggressive acquisition path in building our base revenues. We have streamlined much of our operations and have an excellent team committed to our vision and the Company's goals of increased net revenues."

In other news, the Company announced a new marketing campaign to offer its new business class wireless data T1 services across the Dallas Metroplex and surrounding cities. Management believes that in addition to increasing its rural residential customer growth rate, the Company can drastically add high margin business accounts by utilizing this new strategic marketing approach.

Blue Wireless & Data is a broadband service provider delivering high-speed wireless Internet access to residential customers and small to medium-sized businesses, as well as high-speed land based bandwidth from T1s to DS3s for enterprise-level solutions. For further information, visit www.bluewirelessdata.com.

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

SOURCE: Blue Wireless & Data, Inc.

Blue Wireless & Data, Inc., Dallas
Kit Chambers, 214-744-0353
[e-mail]


Copyright Business Wire 2005