Panaband Sale

While at dinner tonight, I heard Panaband (one of our internet providers) is being sold (or being brought). So I searched and found the following.

Blue Wireless & Data Announces Letter of Intent to Acquire Panaband

Jan. 26, 2005–Blue Wireless & Data, Inc. (OTCBB:BWDI) is pleased to announce that it has signed a letter of intent to acquire Panaband (DSG Technology, Inc.), a wireless Internet company that provides Internet service to several suburban and rural areas near the Dallas/Fort Worth Metroplex. The coverage areas include the towns of Frisco, Prosper, Aubrey, Little Elm, and McKinney.

“The acquisition of Panaband will increase our base of business and residential customers. We are pleased to offer our wireless broadband Internet services with our top-notch customer support to these new customers.”

Blue Wireless & Data is aggressively pursuing similar acquisitions to complement its current wireless broadband Internet network system and increase its customer base.

Blue Wireless & Data is a broadband service provider delivering high-speed wireless Internet access to residential customers and small to medium-sized businesses, as well as high-speed land based bandwidth from T1s to DS3s for enterprise-level solutions.