ICOA Announces Shareholder Meeting Date WARWICK, R.I., Jan. 12 /PRNewswire-FirstCall/ -- ICOA, Inc. (OTC:ICOA) (BULLETIN BOARD: ICOA) , a leading provider of neutral-host wireless broadband Internet networks in airports, restaurants, marinas and hot zones, announced today that a special meeting of its shareholders will be held Thursday, February 10, 2005 at 10 a.m. (EST) at the Sheraton Providence Airport Hotel in Warwick, R.I. The meeting will consider amendments to the company's articles of incorporation to increase the number of shares of common stock and to create a class of preferred stock. All shareholders of record as of January 7, 2005 may vote by proxy or in person at the meeting. About ICOA, Inc. Headquartered in Warwick, R.I., 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 700 broadband access installations in high-traffic locations serving tens of millions of annual patrons, including the San Francisco International Airport (SFO), Spokane International Airport (GEG), the Greater Baton Rouge, La. Airport (BTR), Sacramento International Airport (SMF), Manchester Airport (MHT), Savannah/Hilton Head International Airport (SAV), Fresno-Yosemite International Airport (FYI), Killeen Municipal Airport (GRK), 450 Panera Bread locations, 40 marinas in California and Virginia, and hot zones in Lexington, Ky. and Rhode Island's Newport Harbor. 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: . Detailed information about ICOA, Inc. can be found on the website http://www.icoacorp.com/. 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/ andhttp://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, or e-mail, , for ICOA Web site: http://www.icoacorp.com/

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