CARSON CITY, Nev., May 25, 2005 (PRIMEZONE) -- Gateway Access Solutions, Inc. (Pink Sheets:GWYA), a provider of wireless broadband solutions, announced today that the company has posted its first quarter results on www.pinksheets.com. The company has sustained significant growth in first quarter 2005 as compared to first quarter 2004. As one of the largest holders of licensed wireless spectrums in second and third tier markets in the U.S., Gateway Access Solutions, a provider of broadband solutions for business, has also announced plans to build out eight additional regional wireless networks in 2005. The development of these additional markets will propel Gateway Access Solutions to its next stage of growth while maintaining the Company's foothold as a market leader in delivering businesses high quality, broadband solutions such as data access, voice over Internet (VoIP), virtual private networks and video conferencing.
"2005 will be a breakout year for Gateway Access Solutions. We're beginning to realize our vision of bringing high quality, cost-effective broadband solutions to businesses located in second and third tier markets," said Andrew Nester, CEO. "Geographic location and corresponding technology infrastructure will no longer be a handicap for these businesses. Gateway Access Solutions offers our customers the chance to have the same high-quality services as businesses in big cities."
The Company's strategy has already produced the desired results in its early stage, with acquisitions of several proprietary frequencies in key MSAs (Metropolitan Statistical Area), executing on its first large, long-term anchor contract, and building out an infrastructure that will open service areas to a substantial subscriber base. This is possible within a very short time period and at very low investment levels due to the technology. The core infrastructure necessary for entry into a MSA is only a small fraction of that of competing technologies. Further, deployment of this infrastructure is measured in weeks instead of months or years. And most importantly, wireless broadband technologies allow deployment on an as-demanded basis. Large capital outlays for infrastructure are not required. Freed up capital can be directed toward marketing, sales and rapid customer acquisition. This time-to-market is a competitive advantage that cannot be matched by the cable companies and Telco's competing in these secondary markets.
The cornerstone of each of the company's products is the broadband technology platform. In each small to mid-sized market targeted by the Company, they secure proprietary frequencies available exclusively for use in the Company's network. This spectrum satisfies key requirements which competing alternatives cannot directly compete.
Wireless broadband technologies offer lower costs and quicker deployment times, having no trenches to dig, no cable to bury and no leased line charges from telephone companies. Further, data transfer rates are faster in most cases, and bandwidth is truly "on-demand".
To remain competitive, companies of every size and shape, from large conglomerates to small home-based businesses, are finding it imperative to implement the latest technologies.
To learn more about this press release in an audio interview with CEO, Andy Nester, click here http://www.smallcapvoice.com/GWYA/index.html
Gateway Access Solutions is headquartered in Carson City, NV, and is currently providing solutions in the Danville, Scranton and Wilkes-Barre, PA, as well as in Albuquerque, NM. For more information contact the company at 775-841-7442 or visit the web site at www.GatewayAccessSolutions.com.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risk and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.