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For Further Information Contact: Mark
W. Jones, President
Waymark Internet Services, Inc.
(972) 503-1100
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FOR IMMEDIATE RELEASE
Waymark Internet Acquires TICNET.Com's Subscriber
Base
Waymark Communications continues its growth strategy.
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ADDISON, TX (January 17, 2001) -- Waymark Internet, one
of North Texas' leading Internet Service Providers, http://www.waymark.net
today announced the acquisition of TICNET.Com, Inc's. (TICNET)
subscriber base, http://www.ticnet.com.
TICNET's individual and business subscribers will begin moving
to Waymark's regional, high speed Internet services immediately.
"We are pleased to be able to serve TICNET subscribers with
a high quality, dependable Internet service" said Mark Jones,
President of Waymark. "We will ensure that TICNET's customers
experience a fast and interruption-free move to our network.
Waymark intends on providing enhanced services not currently
available to TICNET subscribers including Waymark's Truespeed
(tm) DSL in partnership with Southwestern Bell and Verizon.
People today rely on the Internet as a personal and business
productivity tool and need an Internet service they know they
can depend upon. That's why we're committed to making this transition
as smooth as possible for our new customers."
Mr. Jones further stated, "...at a time when other DSL providers
have stumbled and many have filed for bankruptcy, Waymark's
position in the marketplace is strong, with over 12,500 subscribers
we are refining the critical mass to improve our service offerings.
Waymark is preparing to launch an offering of the industry's
most reliable HDSL technology, this high end corporate business
solution will finally be an affordable and practical solution
for small to medium sized businesses looking for speed and reliability
without the limitations of traditional DSL offerings. And with
no distance limitations, customers not previously eligible due
to their distance from the central switching office may now
qualify."
Dave DeGan, President of TICNET, commented "Our enthusiasm for
this transaction is immense; the 'Can Do' attitude of the Waymark
team confirms their commitment to serving our subscribers well.
We made a solid choice in selecting Waymark over others. Our
primary concern was the ability to improve and expand the Internet
experience for our subscribers, we have accomplished that in
this transaction."
Mr. DeGan also referred to the increasing need to invest in
technology and the intense capital requirements to compete today
as key elements in making the decision to sell to Waymark. He
states, "This is an industry poised for continued aggressive
growth. We need to be ready to offer our subscribers new and
innovative technologies while maintaining core customer service
levels not available from national ISP's. Waymark is well positioned
to amass the subscriber base necessary to offer enhanced services
while maintaining our commitment to service."
Waymark Communications, headquartered in Addison, Texas, is
a telecommunications carrier providing a comprehensive array
of network services integrating voice, data and remote networking
solutions for residential and small- to mid-sized business customers.
Waymark has been providing services nationally since 1991.
SOURCE: Waymark Communications
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