ICOA Inc., Listed on Berlin Stock Exchange WARWICK, R.I., Apr 28 /PRNewswire-FirstCall/ -- ICOA, Inc., (BULLETIN BOARD: ICOA) , a leading provider of Public Wi-Fi Broadband-on-Demand networks for high speed Internet access, today announced that it has been listed for trading on the Berlin Stock Exchange. Berliner Freiverkehr (Aktien) AG of Berlin recently notified ICOA that, effective March 12, 2004, the company's stock has been trading on the Berlin Bremen Stock Exchange. The German trading symbol will be "IED.BE" and the German securities code (WKN) will be 925262. ICOA CEO, George Strouthopoulos said: "This recognition by the international financial community is a validation of our recent progress as well as our future potential. Listing on this exchange allows German and other European investors the ability to purchase ICOA stock in Euros, and also provides convenient, local access to low-cost trading services. The Berlin exchange lists select American NASDAQ and OTCBB companies free of charge." About Berliner Freiverkehr (Aktien) AG Berliner Freiverkehr, http://www.berlinerboerse.de/ and http://www.freiverkehr.de/, is one of the largest German brokerage firms, and acts as market maker for the unofficial regulated markets in Berlin and Frankfurt. The firm has dual- listed over 6,800 foreign equities in Berlin, and 350 in Frankfurt, with high liquidity. Trading volume in Berlin was about 11.8 Euros for the OTCBB market for 2003. About ICOA ICOA, Inc. (http://www.icoacorp.com/) is a provider of Public Wi-Fi and wired Broadband Internet Access. The company owns, operates and manages private networks of Wi-Fi Hot Spots and Internet Terminals (WebCenter3000(TM)). ICOA operates more than 250 Internet-points-of-presence nationwide in airports, conference centers, fast casual restaurants, and marinas. The Company provides fully managed Wi-Fi and wired broadband Internet connectivity, transactions processing, Internet services, and location based content. ICOA currently operates installations at the San Francisco International Airport (SFO), the Greater Baton Rouge, Louisiana Airport (BTR), Sacramento International Airport (SMF), Savannah Hilton-Head International Airport (SAV), Fresno Yosemite International Airport (FYI), Sporty's FBO at the Clermont County Airport, Rhode Island's Newport Harbor 'Hot Zone', 160+ Panera Bread (http://www.panerabread.com/) restaurants, Chicago's McCormick Place Convention Center and several prestigious hotels. 'Safe Harbor' 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: Erwin Vahlsing, Jr., of ICOA, Inc., +1-401-739-9205 Web site: http://www.icoacorp.com/ http://www.berlinerboerse.de/ http://www.freiverkehr.de/

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