ICOA Launches 2005 IR Program With Participation in Wall Street Investor Forum WARWICK, R.I., Feb. 16 /PRNewswire-FirstCall/ -- ICOA, Inc. (OTC:ICOA) (BULLETIN BOARD: ICOA) , a leading national provider of wireless broadband Internet networks and managed services in high-traffic public locations, announced today the launch of its 2005 IR program with its participation in the 16th Annual Wall Street Analyst Forum (WSAF) in New York. Attending the Forum will be institutional investors, portfolio managers, analysts and private investors. The company's senior management team will present an overview of ICOA's strategy and review progress of ICOA's strategic initiatives, including providing the latest developments in its acquisition and growth plans. "In 2004, we executed well beyond our plan. With the IR goal in 2005 of broadening our investor base and increasing liquidity, we are making a concerted focus to bring the exciting ICOA story to a wider audience of investors on Wall Street and Main Street," said Rick Schiffmann, president of ICOA. "The Wall Street Analyst Forum and other similar high-visibility opportunities are some of the many channels ICOA will deploy this year to gain recognition among top analysts, portfolio managers and private investors on Wall Street." The forum will be held at the Roosevelt Hotel. ICOA is scheduled to present at 10:20 a.m. on Monday, February 28, 2005. A live webcast of individual company meetings, which will also be available after the forum, can be accessed at http://www.analyst-conference.com/. The WSAF has been sponsoring analyst conferences in New York, Boston and London since 1989. The forum has involved 2,500 different presenting corporations and the attendance of more than 15,000 analysts and portfolio managers. The forum has received coverage in the Wall Street Journal, Barron's, CNBC, Bloomberg and other respected news organizations. 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. DATASOURCE: ICOA, Inc. CONTACT: Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-852-2383, Web site: http://www.icoacorp.com/ http://www.hawkassociates.com/ http://www.hawkmicrocaps.com/

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