[WISPA] LA Access
Anybody have network in 6380 Wilshire in LA? http://www.rapidlink.com/ Michael Prachar - COO Voice: (1) 402-392-7502 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) mi...@rapidlink.com mailto:mi...@rapidlink.com?subject=i%20clicked%20your%20email%20signatu re! image001.gif WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Prairie i-net
Does anybody have a personal contact at Prairie in Iowa? I have a semi-urgent need... Michael Prachar - COO Voice: (1) 402-392-7502 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) mi...@rapidlink.com WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Tower Builds
We are looking at putting up towers in a couple of areas where we don't have our own engineering personnel. Are any of your guys interested in turn-key construction deals? For starters, we are looking at putting up a 100 ft. tower in Omaha - anyone interested? http://www.rapidlink.com/ Michael Prachar - COO Voice: (1) 402-392-7502 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) mi...@rapidlink.com mailto:mi...@rapidlink.com?subject=i%20clicked%20your%20email%20signatu re! image001.gif WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Announces Strong 2nd Quarter 2008 Financial Results
- Net Income Positive, $4 Million Improvement in Working Capital, Acquisition Completed of One Ring Networks, Results Exceed Management's Expectations - OMAHA, NE - June 17, 2008 - Rapid Link, Incorporated (OTCBB: RPID), one of the leading providers of WiMAX and Communication Services, announced financial results for its second quarter ended April 30, 2008. SECOND QUARTER FISCAL 2008 HIGHLIGHTS Net Income of over $400 thousand for the quarter, and approximately $200 thousand fiscal year to date. Over $1 million net income gain from discontinued operations. Earnings per share of $.01 available to common stockholders for the second quarter fiscal 2008. Working capital improved over $4 million during the second quarter. Completed acquisition of One Ring Networks. Three Months Ended April 30, 2008 2007 Total Revenue $3,450,350 $ 3,720,098 Gross Profit $1,126,997 $ 1,158,602 Gross Profit Percentage 33% 31% Net Income $ 442,164 $(506,458) Net Income (Loss per Share) $ .01$ (.01) In this second fiscal quarter of 2008, the company has fully integrated Communications Advantage into our operations, and recently completed the acquisition One Ring Networks, Inc. As a result of the One Ring acquisition, we further evolve our goal of becoming a provider of communication services via fixed wireless and fiber optic transport of voice and internet. said John Jenkins, Rapid Link's Chief Executive Officer. We are pleased to have been able to back up our strong 2007 year-end numbers and earnings with a solid second quarter of fiscal 2008. The financing transactions that we completed during the second quarter will help enable us to grow through both organic means and strategic acquisitions. Improvements in our working capital position and recent acquisitions are helping the Company to implement its strategic growth model. We are beginning to see positive operating results and have set our sights on realizing an aggressive yet attainable growth model for the balance of our fiscal year. stated Chris Canfield, Rapid Link's President and Chief Financial Officer. Three Months Ended April 30, 2008 2007 Revenues $3,450,350 $ 3,720,098 Costs and expenses: Costs of revenues 2,323,353 2,561,496 Sales and marketing 193,406 307,391 General and administrative 1,063,053 841,698 Depreciation and amortization268,432 235,619 3,848,244 3,946,204 Operating loss (397,894) (226,106) Other income (expense): Noncash financing expense (79,928) (284,473) Interest expense (74,418) (70,669) Related party interest expense (64,800) (58,491) Foreign currency exchange gain (2,796) 2,442 Other - - (221,942) (411,191) Loss from continuing operations (619,836) (637,297) Discontinued operations Gain on disposal of discontinued operations 1,062,000 - Net income (loss) $ 442,164 $ (637,297) Basic and diluted income (loss) per share: Loss per share from continuing operations $ (.01) $ (.01) Income per share from discontinued operations .02 - Net income (loss) per share $ .01 $ (.01) Basic and diluted weighted average shares outstanding 66,987,044 51,750,419 Including non-cash items, net income available to common stockholders for the quarter ended April 30, 2008 was $442,164 vs. a net loss to common stockholders of $637,297 for the same period of fiscal 2007. For the three months ended April 30, 2008, Rapid Link incurred $79,928 in non-cash interest expense, and a gain on disposal of discontinued operations of $1,062,000. Additional non-cash items incurred during the year include depreciation and amortization expense, share-based compensation expense, bad debt expense, and loss on property and equipment. About Rapid Link Rapid Link, Incorporated is a Diversified Communication Services company, supplying
[WISPA] Rapid Link Executive to be Featured at Broadband Wireless World Conference in Las Vegas, Nevada
- Rapid Link's Lead Technologist to sit on WiMAX panel - OMAHA, NE - June 16, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of WiMAX and Communication Services, is pleased to announce that Chief Technology Officer Matt Liotta is scheduled to speak as part of the WiMAX Progress Report panel at the upcoming Broadband Wireless World conference taking place June 18-19 at the Las Vegas Convention Center. WHO:Matt Liotta, Chief Technology Officer WHEN: Wednesday, June 18, 2008 Track: WiMAX Progress Report 3:10 PM - 4:10 PM WHERE: Las Vegas Convention Center 3150 Paradise Road Las Vegas, NV 89119 WHAT: WiMAX Progress Report Through Clearwire and Sprint Nextel, WiMax has captured the U.S. market's attention as the next big thing in mobile broadband. But how mature is the global WiMax ecosystem, and how is the technology actually progressing in terms of carrier implementation and user takeup here in the U.S.? Mr. Liotta states, The term WiMAX has received lots of attention in the industry, yet many people, including insiders, are unsure how it will actually impact businesses in our space. This panel aims to clear up some common misconceptions and bring everyone up to date on where the technology really stands. Our real-word experience as a major provider of commercial voice and internet service over WiMAX has given me valuable insight into where WiMAX makes sense versus where it's simply a buzzword. I am eager to share Rapid Link's findings with the conference attendees. NOTE TO PRESS: To book an interview with Rapid Link's CTO at the event, please contact Rhea Topolski at 402-392-7525. About Broadband Wireless World Broadband Wireless World boasts a 10-year history delivering quality information to leading service providers including mobile operators, ISPs, wireline carriers, utilities, and municipalities. This year's Broadband Wireless World, produced by Light Reading and Heavy Reading, will take place at NXTcomm, the largest telecom exhibition and conference in the United States. About Rapid Link Rapid Link, Incorporated is a Diversified Communication Services company, supplying bundled internet and voice services to Business and Residential customers. Rapid Link offers broadband access via its own facilities to ensure fast and reliable delivery of its content. As a leading licensed WiMAX carrier, Rapid Link is on the cutting edge of this exciting new technology. We are one of the only carriers that can offer an end-to-end solution for our customers without a dependency on any other company's resources. For more information, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Investor Relations Rapid Link, Incorporated Tel.: 402-392-7561 Or: David Elias Investor Relations DME Capital 516-967-0205 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Improves Working Capital Position by Over $1, 000, 000
- Long-Standing Texas State Tax Liability Settled - OMAHA, NE - June 11, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of WiMax and Communication Services, announced today the final settlement, and release from any ongoing liability, of a long-standing sales tax dispute in the State of Texas. A result of the settlement was the elimination of a $1,062,000 current liability. The original liability was due to an assessment by the State of Texas for past due sales tax. This assessment stemmed from an alleged underpayment of sales taxes by a now dissolved subsidiary of Rapid Link Incorporated. At no time was there a judgment against Rapid Link Incorporated; however the potential for a future judgment necessitated the accrual of this potential liability. John Jenkins, Chief Executive Officer of Rapid Link states, Though it was a long time coming, we are very pleased to settle this issue once and for all, and again show our shareholders that we are serious about our goal to attain a net positive working capital position. This is just one of many steps we are taking to do just that. Chris Canfield, Chief Financial Officer of Rapid Link states, Extinguishing this liability has improved our balance sheet significantly. In the past year Rapid Link has seen its Chief Executive convert $900,000 of debt into equity at above market prices, announced the extensions of virtually all short-term notes into long-term notes due in 2011, and raised significant capital, all of which has dramatically improved our working capital position. We are confident we can now aggressively grow our business without the need to seek additional capital. About Rapid Link, Incorporated. Rapid Link, Incorporated is a Diversified Communication Services company, supplying bundled internet and voice services to Business and Residential customers. Rapid Link offers broadband access via its own facilities to ensure fast and reliable delivery of its content. As a leading licensed WiMAX carrier, Rapid Link is on the cutting edge of this exciting new technology. We are one of the only carriers that can offer an end-to-end solution for our customers without a dependency on any other company's resources. For more information about Rapid Link, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. For more information: Rapid Link, Incorporated Investor Relations 402-392-7561 Or: DME Capital Investor Relations David Elias 516-967-0205 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Retains DME Capital to Provide Global Investor Relations Program
OMAHA, NE - June 9, 2008 - Rapid Link, Inc. (OTCBB: RPID) announced today that it has retained DME Capital, a New York Based Investor Relations firm to enhance the Company's strategic investor relations program. John Jenkins, CEO of Rapid Link stated, With the current expansion we have going on at this time, I believe now is the right time to send our message to the investment community. After careful consideration, DME Capital, with their established relationships among retail and institutional investors, combined with their extensive databases, is the perfect partner for Rapid Link. David Elias, Co-President of DME Capital, said, We are excited about the opportunity to work with John and the staff at Rapid Link to enhance the investment community's awareness of Rapid Link. Implementation of our plans to enhance Rapid Link's communication with current and future shareholders begins today. Our primary objective is to establish Rapid Link's relationships with the investment community, broadening the shareholder base and increasing the Street's awareness of RPID's market opportunities and growth strategy. About Rapid Link, Inc. Rapid Link, Incorporated is a Diversified Communication Services company, supplying bundled internet and voice services to Business and Residential customers. Rapid Link offers broadband access via its own facilities to ensure fast and reliable delivery of its content. As a leading licensed WiMAX carrier, Rapid Link is on the cutting edge of this exciting new technology. We are one of the only carriers that can offer an end-to-end solution for our customers without a dependency on any other company's resources. For more information about Rapid Link, visit www.rapidlink.com. About DME Capital DME operations include DME Securities LLC and DME Capital LLC. DME Capital LLC is a full service investor relations firm, representing growth oriented companies to the investment community. Investor Relations services include financial community and media relations, editorial services and interactive communications, as well as administrative, consulting and advisory services. DME Capital ensures money, fund, and portfolio managers, financial analysts, brokers and individual investors receive a constant flow of information and updates. To learn more about DME Capital go to www.dmecapital.com. DME Securities is a Member Firm of the NYSE, FINRA and a licensed broker-dealer. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Rapid Link, Incorporated Investor Relations 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Launches WiMax Service in Atlanta
- Atlanta business can now enjoy the only wide-area alternative to ATT - OMAHA, NE - June 3, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of WiMax and Communication Services, announced today the official launch of its much anticipated WiMax service offering in the Atlanta Metropolitan area. Following the soft launch of this service in February 2008, Rapid Link has several active customers enjoying the benefits of this cutting edge technology. Due to the overwhelming success of the early release through our Channel Partners, Rapid Link is now offering voice and internet service via WiMax to the commercial public. Operating in the licensed-only 3650 MHz spectrum, customers can now enjoy guaranteed high speed connectivity, voice and internet bundled service, at the best cost/efficiency ratio in the industry. Matt Liotta, Chief Technology Officer of Rapid Link states, We are clearly ahead of the competition and the technology power curve with this offering. Customers are increasingly discovering the limitations of antiquated technologies. Following the recent release of WiMax technologies and equipment in the United States, Rapid link is proud to be a licensed WiMax carrier offering this breakthrough service to our foundation of customers in the greater Atlanta area. About Rapid Link Rapid Link, Incorporated is a Diversified Communication Services company, supplying bundled internet and voice services to Business and Residential customers. Rapid Link offers broadband access via its own facilities to ensure fast and reliable delivery of its content. As a leading licensed WiMAX carrier, Rapid Link is on the cutting edge of this exciting new technology. We are one of the only carriers that can offer an end-to-end solution for our customers without a dependency on any other company's resources. For more information, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Investor Relations Rapid Link, Inc. Tel.: 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Launches WiMax Service in Atlanta
- Atlanta business can now enjoy the only wide-area alternative to ATT - OMAHA, NE - June 3, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of WiMax and Communication Services, announced today the official launch of its much anticipated WiMax service offering in the Atlanta Metropolitan area. Following the soft launch of this service in February 2008, Rapid Link has several active customers enjoying the benefits of this cutting edge technology. Due to the overwhelming success of the early release through our Channel Partners, Rapid Link is now offering voice and internet service via WiMax to the commercial public. Operating in the licensed-only 3650 MHz spectrum, customers can now enjoy guaranteed high speed connectivity, voice and internet bundled service, at the best cost/efficiency ratio in the industry. Matt Liotta, Chief Technology Officer of Rapid Link states, We are clearly ahead of the competition and the technology power curve with this offering. Customers are increasingly discovering the limitations of antiquated technologies. Following the recent release of WiMax technologies and equipment in the United States, Rapid link is proud to be a licensed WiMax carrier offering this breakthrough service to our foundation of customers in the greater Atlanta area. About Rapid Link Rapid Link, Incorporated is a Diversified Communication Services company, supplying bundled internet and voice services to Business and Residential customers. Rapid Link offers broadband access via its own facilities to ensure fast and reliable delivery of its content. As a leading licensed WiMAX carrier, Rapid Link is on the cutting edge of this exciting new technology. We are one of the only carriers that can offer an end-to-end solution for our customers without a dependency on any other company's resources. For more information, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Investor Relations Rapid Link, Inc. Tel.: 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Service Availability
Anyone? 9500 Etiwanda Ave. Rancho Cucamonga, CA 91739 http://www.rapidlink.com/ Michael Prachar - COO Voice: (1) 510-758-2002 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) [EMAIL PROTECTED] mailto:[EMAIL PROTECTED] re! image001.gif WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Alvarion Gear
We are looking for 8 Alvarion BreezeAccess SU-NI-1D-HP-2.4 indoor units. If anyone has a lead... Thanks, Mike http://www.rapidlink.com/ Michael Prachar - COO Voice: (1) 510-758-2002 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) [EMAIL PROTECTED] mailto:[EMAIL PROTECTED] re! image001.gif WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Completes Initial Round of Debt Financing Transaction
- Financing of up to $7 Million to Support Growth and Acquisition Strategy - OMAHA, NE - April 8, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of Broadband and Diversified Communication Services, announced today the closing of the initial round of debt financing. The financing agreement provides for $1.8 million in funding that Rapid Link will use to retire certain short-term debt, and to restructure all remaining short-term notes payable by Rapid Link in to long-term debt. Additionally, the financing will provide the working capital Rapid Link needs to aggressively pursue its business strategy in the Alternative Access and Broadband Services marketplace. A secondary component of the agreement calls for additional financing of up to approximately $5.2 million, which Rapid Link also plans to use as a working capital resource, as well as for the acquisition of certain wireless and carrier assets in the Dallas, Texas metropolitan area furthering our growth and expansion. Rapid Link expects to close on the secondary round of this financing transaction in the summer of 2008. John Jenkins, Chairman and CEO of Rapid Link commented, This debt financing arrangement is a perfect fit for our company at this juncture in time, and accomplishes a myriad of objectives. The main objective was to raise enough money to finance our growth and acquisition strategy, while minimizing the dilution to our shareholders in a tough credit market. Clearly, we accomplished our main goal, which should position Rapid Link well for the years to come. About Rapid Link, Incorporated Rapid Link, Incorporated is a Diversified Communication Services company providing various forms of voice and data transport services to wholesale and retail customers around the world. Rapid Link's retail product focus involves supplying bundled internet and voice services. The company's strategy involves offering broadband access via its own facilities to ensure reliable delivery of its content without compromise from incumbent monopolies. Rapid Link strives to serve its customers unique communications needs with a focus on cost efficiency and quality of service. Through its operating headquarters in Omaha, Nebraska, Rapid Link supports customers with in-house, multi-lingual customer service, proprietary scalable billing systems, and experienced communications professionals. For more information, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Investor Relations Rapid Link, Inc. Tel.: 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Completes Initial Round of Debt Financing Transaction
- Financing of up to $7 Million to Support Growth and Acquisition Strategy - OMAHA, NE - April 8, 2008 - Rapid Link, Incorporated (OTCBB: RPID), a leading provider of Broadband and Diversified Communication Services, announced today the closing of the initial round of debt financing. The financing agreement provides for $1.8 million in funding that Rapid Link will use to retire certain short-term debt, and to restructure all remaining short-term notes payable by Rapid Link in to long-term debt. Additionally, the financing will provide the working capital Rapid Link needs to aggressively pursue its business strategy in the Alternative Access and Broadband Services marketplace. A secondary component of the agreement calls for additional financing of up to approximately $5.2 million, which Rapid Link also plans to use as a working capital resource, as well as for the acquisition of certain wireless and carrier assets in the Dallas, Texas metropolitan area furthering our growth and expansion. Rapid Link expects to close on the secondary round of this financing transaction in the summer of 2008. John Jenkins, Chairman and CEO of Rapid Link commented, This debt financing arrangement is a perfect fit for our company at this juncture in time, and accomplishes a myriad of objectives. The main objective was to raise enough money to finance our growth and acquisition strategy, while minimizing the dilution to our shareholders in a tough credit market. Clearly, we accomplished our main goal, which should position Rapid Link well for the years to come. About Rapid Link, Incorporated Rapid Link, Incorporated is a Diversified Communication Services company providing various forms of voice and data transport services to wholesale and retail customers around the world. Rapid Link's retail product focus involves supplying bundled internet and voice services. The company's strategy involves offering broadband access via its own facilities to ensure reliable delivery of its content without compromise from incumbent monopolies. Rapid Link strives to serve its customers unique communications needs with a focus on cost efficiency and quality of service. Through its operating headquarters in Omaha, Nebraska, Rapid Link supports customers with in-house, multi-lingual customer service, proprietary scalable billing systems, and experienced communications professionals. For more information, visit www.rapidlink.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, risks and uncertainties such as the failure to satisfy contractually agreed upon closing conditions that may delay or prevent the closings of subsequent debt financings contemplated by the applicable agreements; the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the trading price of the Company's common stock reaching levels that would cause funding to occur; the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers. Contact: Investor Relations Rapid Link, Inc. Tel.: 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
[WISPA] Rapid Link Completes the Acquisition of One Ring Networks
OMAHA, NE - March 28, 2008 - Rapid Link, Incorporated (OTCBB:RPID.OB), a leading provider of Broadband and Diversified Communication Services, announced today the closing of the acquisition of One Ring Networks, Inc., an alternative access carrier headquartered in Atlanta, Georgia. One Ring Networks operates one of the largest hybrid fiber and fixed wireless networks in the United States and is one of the few carriers offering end-to-end communications and networking services without relying on other companies' last mile connections. Over its next generation network that spans thousands of route miles, One Ring offers high-speed data services and feature-rich IP telephony throughout the metro areas of Atlanta, St. Louis and Washington, D.C. In January, One Ring expanded its fixed wireless offerings by launching licensed WiMAX service in Atlanta, with plans to serve other select markets in 2008 and beyond. WiMAX is a wireless technology which allows broad coverage with data-rich connectivity unlike Wi-Fi which is unlicensed and limited to small hot-spots. One Ring has coupled this spectrum with carrier-grade WiMAX equipment to offer a wide array of wireless business offerings. By using the company's existing and extensive wireless infrastructure, the entire metropolitan Atlanta area and surrounding cities can expect to see new, economical, and innovative offerings as a result of the company's WiMAX network. Matt Liotta, CEO of One Ring, stated, One Ring Networks is now a Rapid Link Company. Our shareholders and employees are thrilled to join forces and grow our model at a stepped up pace. The commitment by Rapid Link to embrace our vision and our confidence in the management and operational wherewithal of Rapid Link, made our decision to become a Rapid Link Company very easy indeed. John Jenkins, CEO of Rapid Link added, Today marks a milestone in the history of Rapid Link. This is both literally and figuratively the first day of the new future of our Company. I and the rest of the Rapid Link team would like to thank our shareholders for their continued support, and thank the One Ring shareholders for their trust and confidence in our combined vision. About Rapid Link, Inc. Rapid Link is a Diversified Communication Services company providing various forms of voice and data transport service to wholesale and retail customers around the world. The Company's retail product focus involves supplying bundled internet and voice services. The Company's strategy involves offering broadband access via its own facilities to ensure reliable delivery of its content without compromise from incumbent monopolies. Rapid Link strives to serve its customers unique communications needs with a focus on cost efficiency and quality of service. Through the Company's operating headquarters in Omaha, NE, Rapid Link supports customers with in-house multi lingual customer service, proprietary scalable billing systems, and experienced communications professionals. For more information, visit www.rapidlink.com. Contact: Investor Relations Rapid Link, Inc. Tel.: 402-392-7561 WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
Re: [WISPA] Google - Grand Central
Don't get suckered into giving that number to anybody... If you want to use the service forward a number you actually control, otherwise they've got you hooked when they finally start charging. Also, Beta + Free = not guaranteed to work so if you control the number you can route it somewhere else. Michael Prachar - COO Voice: (1) 510-758-2002 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) [EMAIL PROTECTED] -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of George Rogato Sent: Friday, January 25, 2008 10:33 AM To: WISPA General List Subject: Re: [WISPA] Google - Grand Central So is anyone using Grand Central? I just signed up and they gave me a free local number. George Rogato wrote: http://www.grandcentral.com/ -- George Rogato Welcome to WISPA www.wispa.org http://signup.wispa.org/ WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
Re: [WISPA] Auto Renewing Contracts
These are legal and have been happening in telecom forever. However, I've never seen one chased down and actually enforced. That said, anyone who has will probably jump out of the woodwork right about now with a horror story. And, yes, TC's are always free to change without notice. Sometimes you can cross out the evergreen portion of the contract and send it in, or tell them you want that part removed. A salesperson who feels that that is the only thing standing in the way of the deal will likely get it removed for you. Michael Prachar - COO Voice: (1) 510-758-2002 PST (GMT -8 Hrs.) Fax: (1) 402-392-7585 (Anytime) [EMAIL PROTECTED] -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Matt Sent: Thursday, January 24, 2008 6:04 PM To: WISPA General List Subject: [WISPA] Auto Renewing Contracts Anyone notice how the fine print in contracts seems to work nowdays? Insisited on a 1 year term on a few DS3 quotes. Noticed in the service agreement the terms stated that unless they received written notice within 25 days of the end of the contract it auto renewed for another year. On another one it did not have that listed in any of the paper work that was signed but had several web links and one of those contained that verbage. Also, they always contain some clause that terms and conditions are subject to change. So I cannot help wander if they could add this later. This seems a bit like dirty pool to me. If you want to switch to a different provider you must do it at exactly that point now. Seems to me like a renewal should require a new signature if it goes beyond month to month. Matt WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ WISPA Wants You! Join today! http://signup.wispa.org/ WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/