Omnicity Acquires Forepoint Networks
RUSHVILLE, IN--(Marketwire - March 31, 2009) - Omnicity Corp (OTCBB: OMCY) -- the Midwest's
largest fixed Wireless Internet Service Provider (WISP) -- announces the
acquisition of Indiana's fastest WISP, Forepoint Networks ("Forepoint").
This acquisition represents the third of several acquisitions that Omnicity
plans to complete by the end of May 2009 and adds another approximately
1,000 subscribers and 23 towers with 20 towers located in Omnicity's
Tipmont REMC partner region. Greg Jarman, COO of Omnicity, said, "We have
been partnering with Tipmont REMC providing services to their customers for
a couple of years. We see this as an excellent opportunity for Omnicity to
increase network coverage, speeds and services to customers throughout the
region. There are many folks desperately looking for service today and the
Forepoint acquisition pushes that agenda forward in a big way."
March 31, 2009 | Filed Under
Mergers and Acquisitions Comments