Standard & Poor's Initiates Factual Stock Report Coverage on HyperSpace Communications, Inc.Click here for Standard & Poor's Fa
June 21 2006 - 10:06AM
Business Wire
Standard & Poor's announced today that it has commenced Factual
Stock Report coverage on HyperSpace Communications, Inc. HyperSpace
Communications, Inc. (AMEX:HCO) was formed in 2001 and completed an
initial public offering in October 2004. In July 2005, the company
acquired MPC Computers, LLC for $24.5 million in stock and
warrants. As a result of the acquisition, HCO significantly changed
the size and nature of its business. The company's vision is to
become an enterprise IT hardware business, providing products and
services to customers in mid-sized businesses, government agencies
and education organizations. This strategy seeks to capitalize on
growth in the server and storage businesses, and moves the company
away from its traditional reliance on desktop and notebook PCs.
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