SOURCE: NextPhase Wireless

November 09, 2006 06:30 ET

NextPhase Reports Rapid Growth at John Wayne Airport, California

Company Forecasts John Wayne Airport's Annual Revenues Exceeding $100K

ANAHEIM, CA -- (MARKET WIRE) -- November 9, 2006 -- NextPhase Wireless (OTCBB: NXPW), a next-generation wireless connectivity company that specializes in integrated Internet, voice and data communication solutions, today announced that customers using its NextZone™ connectivity services at John Wayne Airport in Santa Ana, California, continue to exceed company forecasts.

Originally offered as a free service to the 9.6 million passengers that travel through John Wayne Airport on an annual basis, the NextZone™ solution became a paid service in early August. Combining commercially available WiFi components, along with NextPhase's proprietary multi-beam antenna design, the NextZone™ WiFi Access Point and NextZone™ Connectivity Services were designed from the ground up as a one-stop solution for rapidly deploying a cost-effective, turnkey solution that provides cost-effective connectivity to high traffic, high density locations such as airports, ports, hotels and sports stadiums.

"We thought we'd hit a home run when we designed NextZone™, but the results so far have exceeded all of our expectations," said Robert Ford, President and CEO. "In less than three months of operation, we have seen paid usage more than double, with monthly subscribers fast approaching 10% of the revenue. We're forecasting annual revenue of more than $100,000 from this single NextZone™ location alone."

"Clearly, not all potential locations are as lucrative as one of the nation's 50 busiest airports, but our low operating costs, superior price/performance and value pricing model means that we can extend this to other locations, in a way that rapidly generates strong revenues and positive cash flow," added Ford. NextPhase is planning to introduce similar services at other airports within the region, and will be marketing a turnkey solution for Internet Service Providers by year end.

About NextPhase Wireless, Inc.

NextPhase Wireless is a next-generation connectivity company that specializes in delivering integrated Internet, voice and data communication solutions to its customers. The Company designs, deploys and operates its own wireless networks and also provides wireless technology solutions to businesses and municipalities. The Company is an active member of the WiMAX Forum™ and the Wireless Communications Association International (WCA). Leveraging its full-service capabilities and world-class infrastructure, NextPhase Wireless offers a comprehensive portfolio of broadband solutions that meet customers' needs today, and can anticipate and grow to meet their needs of tomorrow.

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:

    NextPhase Wireless, Inc.
    Robert Ford

    Redwood Investment Group
    Thomas C. Hemingway

    Investor Relations:
    IR Affiliates
    John Pentony