ICOA Inc., Listed on Berlin Stock Exchange
April 28 2004 - 9:00AM
PR Newswire (US)
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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