LOUISVILLE, Ky., April 24, 2007 (PRIME NEWSWIRE) -- US Wireless Online (Pink Sheets:UWRL), one of the nation's largest wireless broadband network operators, announced today that it has been selected as provider of wireless broadband internet service by Metrocenter Mall in Jackson, Mississippi.
Metrocenter Mall is the largest enclosed shopping center in the state of Mississippi with over 1,150,000 square feet of retail shops and is anchored by Belk, Sears and coming soon, Burlington Coat Factory. Metrocenter currently has a retail mix of over 115 stores including Bath & Body Works, New York and Company, Victoria's Secret and Foot Locker Concepts.
US Wireless Online will provide wireless broadband internet service to the mall's management office and will make wireless broadband and other bundled technology services available to all retail stores within the complex.
"Metrocenter Mall is among a growing number of commercial developments recognizing the role that technology plays in attracting tenants and customers," commented Rick E. Hughes, CEO of US Wireless Online. "We're excited about expanding in Metrocenter and view this as a unique opportunity for US Wireless to reach a large customer base and showcase our upcoming products and service offerings."
About US Wireless Online:
US Wireless Online owns and operates one of the nation's largest wireless Internet broadband networks with significant coverage areas in Alabama, Florida, Indiana, Kentucky, Mississippi and Pennsylvania. The Company provides commercial wireless Internet access and related applications and services in the rapidly growing wireless broadband industry. US Wireless Online is headquartered in Louisville, Kentucky. On December 27, 2006, US Wireless completed the sale of a 50.1% ownership stake to Sutioc Enterprises, Inc. In conjunction with the transaction, Sutioc and US Wireless entered into an agreement with IElement Corporation, Inc. (OTCBB:IELM) (Frankfurt:SZQ1.F or IELM.F) whereby IElement began providing management and support services to US Wireless. Under the agreement, IElement provides integrated customer service, technical support, network management, accounting, billing and collection services and acts as an advisor to the US Wireless management team. For more information on US Wireless Online, Inc. please visit www.uswo.net.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; and (7) other factors over which we have little or no control.