ICOA Closes Sixth Broadband Wireless Acquisition With National RV Resort and Campground Wi-Fi Provider LinkSpot WARWICK, R.I., July 14 /PRNewswire-FirstCall/ -- IOCA, Inc. (OTC:ICOA) (BULLETIN BOARD: ICOA) , a national provider of broadband Internet networks and managed services in high-traffic public locations, announced today it has acquired LinkSpot Networks, a privately held national provider of broadband wireless services to RV resorts and campgrounds. Former LinkSpot shareholders, including Meritage Private Equity Funds, a Denver-based communications-focused private equity partnership with $475 million in capital under management, will become ICOA shareholders. LinkSpot Networks is ICOA's sixth acquisition since the company entered the broadband wireless market in late 2003. Previous acquisitions were QGo, Airport Network Solutions, iDockUSA, AuthDirect and Wise Technologies. Based in Reston, Va., LinkSpot Networks currently operates broadband wireless services under long-term contracts in 26 states for 80 high-traffic RV resort and campground locations serving more than 20,000 campsites. The addressable RV resort/campground market is estimated to be more than 14,000 locations with more than 2 million campsites. Alan Kobran, formerly CEO of LinkSpot, joins the company as vice president of outdoor hospitality and recreation to focus on consolidating and expanding the full suite of ICOA's outdoor/recreational-focused business units. Rick Schiffmann, ICOA's CEO, said, "This acquisition continues our consolidation strategy. LinkSpot's national network, experienced team and promising market with significant growth opportunity is a strong complement to our growing base in marinas, travel plazas and other high-traffic public locations along the travel ribbon. We look forward to having Alan expand our market share across our entire outdoor/recreational businesses with the same focus with which he has grown LinkSpot." Kobran said, "I can speak for the LinkSpot board, investors and employees when I say that we view ICOA as a strong platform for growth, and we are delighted to become a part of this exciting company. ICOA has built a vertically integrated foundation, national infrastructure and highly complementary asset portfolio. I look forward to working with the ICOA management team, pioneers and veterans of the industry to accelerate ICOA's emerging national leadership." About ICOA, Inc. ICOA, Inc. is a national 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, universities, travel plazas, RV/campgrounds and marinas, and hospitality and hot zone locations. ICOA owns or operates over 1,200 broadband access installations in high- traffic locations across 45 states. For additional information, visit http://www.icoacorp.com/ . An investment profile about ICOA may be found at http://www.hawkassociates.com/icoa/profile.htm . For more information, contact ICOA VP of Corporate Development John Balbach at (401) 352-2368, email: . For investor relations, contact Frank Hawkins or Julie Marshall, Hawk Associates, (305) 451-1888, 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: John Balbach, VP of Corporate Development, ICOA, +1-401-352-2368, or ; or Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-451-1888, or , for ICOA Web site: http://www.icoacorp.com/ http://www.hawkassociates.com/icoa/profile.htm http://www.hawkassociates.com/ http://www.hawkmicrocaps.com/

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