ICOA Signs Three-Year Panera Bread Wi-Fi Contract Extension WARWICK, R.I., Feb. 3 /PRNewswire-FirstCall/ -- ICOA, Inc. (OTC:ICOA) (BULLETIN BOARD: ICOA) , a leading national provider of neutral-host wireless broadband Internet networks and managed services in high-traffic public locations, has signed a three-year contract extension to furnish equipment, system monitoring and customer care for Panera Bread's Wi-Fi services. Panera Bread currently offers free high-speed wireless Internet access (Wi-Fi) as an amenity to its customers at more than 600 bakery-cafes nationwide, making the Panera Bread amenity network the largest in the United States. ICOA designed, equipped and managed Panera Bread's Wi-Fi service from inception and continues to assist in the deployment of free Wi-Fi at Panera Bread's bakery-cafes around the United States. The free Wi-Fi service allows customers with a Wi-Fi-enabled laptop or PDA to securely access the Internet, check their e-mail, connect to a corporate server or browse the Web while enjoying the comfortable surroundings of a Panera Bread bakery-cafe. Customer support is available every day of the week. A regularly updated list of Panera Bread bakery-cafes with free Wi-Fi is available at http://www.panerabread.com/wifi . About Panera Bread Company Panera Bread owns and franchises bakery-cafes under the Panera Bread and Saint Louis Bread Co. names. The company is the leader in the emerging specialty bread/cafe category due to its unique bread combined with a quick, casual dining experience. As released in the October 28, 2004 earnings statement, Panera Bread operates 701 bakery-cafes (212 company-owned and 489 franchised). Additional information is available on the company's website, http://www.panerabread.com/ . About ICOA, Inc. ICOA, Inc. is a leading provider of neutral-host wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operations, maintenance and management of neutral, common-use 802.11x standard WLAN Wi-Fi hot spot and hot zone infrastructure throughout airport facilities, quick-service restaurants, marinas, hospitality and hot zone locations. ICOA currently owns or operates over 900 broadband access installations in high-traffic locations serving tens of millions of annual patrons in 43 states. For additional information, visit http://www.icoacorp.com/ . An investment profile about ICOA may be found online at http://www.hawkassociates.com/icoa/profile.htm . For more information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, e-mail: . An online investor kit containing ICOA press releases, SEC filings, current Level II price quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com/ and http://www.hawkmicrocaps.com/ . The foregoing contains "forward-looking statements," which are based on management's beliefs, as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside ICOA's control, that could cause actual results to differ materially from such statements. For a more detailed description of the factors that could cause such a difference, please see ICOA's filings with the Securities and Exchange Commission. ICOA disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ICOA. ICOA CONTACT: John Balbach (401) 352-2368 PANERA CONTACT: Julie Somers (314) 633-7210 DATASOURCE: ICOA, Inc. CONTACT: John Balbach of ICOA, Inc., +1-401-352-2368, or ; or Julie Somers of Panera Bread Company, +1-314-633-7210, or ; or Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-852-2383, or , for ICOA, Inc. Web site: http://www.icoacorp.com/ http://www.hawkassociates.com/icoa/profile.htm http://www.panerabread.com/ http://www.panerabread.com/wifi http://www.hawkassociates.com/ http://www.hawkmicrocaps.com/

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