SCOTTSDALE, Ariz., Oct. 3, 2005 (PRIMEZONE) -- RV Wireless, Inc. (Pink Sheets:RVWS), a company dedicated to delivering wireless Internet connectivity to the growing niche market of Recreational Vehicle owners and RV resorts and a major stakeholder in Connectifi, Inc., announced that the number of new customer sign-ups has increased dramatically, driving up revenue, beating forecasts, and reducing customer acquisition costs for Connectifi. RV Wireless owns 30 percent of Connectifi, the number-one provider of nationwide, high-speed wireless Internet access to RVers in North America.
"We've exceeded our new customer forecasts in nearly every resort we service," said Jonathan Miller, CEO of Connectifi. "In some resorts we've actually doubled the number of subscribers expected. And because we only install the network once and revenues are recurring, our acquisition cost per customer is greatly reduced."
RV Wireless affiliate Connectifi has established itself as the largest nationwide provider of full-time connectivity to the RV community. The company builds 802.11b Wireless Fidelity (Wi-Fi) networks at RV resorts and delivers high-speed Internet access, email and voice capabilities to RVers. It enables resorts to provide "must have" wireless Internet service to guests and gives RVers an affordable, reliable and easy way to go online using more than 7,500 Wi-Fi locations and 3,300-plus dial-up access numbers.
The RV market is experiencing unprecedented growth. In North America there are more than 16,000 RV resort parks and 25 million RVers, 80 percent of whom travel with computers. The number of RV-owning households is projected to rise 15 percent to nearly 8 million in 2010. The fastest-growing segment of RVers is the baby boom generation, a wealthy and powerful demographic who want to travel and need to stay connected. More and more RVers are planning their trips around online connectivity, relying on the Internet to check email, pay bills, provide entertainment and conduct business.
"We believe this surge in revenue and customer growth is just the beginning, as nationwide wireless connectivity becomes a necessity for RVers," Miller said. "The market is ready -- the demand for Internet access is extremely high and will only rise as the number of RVs on the road increases, laptops today are built Wi-Fi-enabled, technology savvy RVers need to conduct business while traveling, and resorts recognize that online service has become an essential amenity."
About RV Wireless, Inc. (Pink Sheets:RVWS)
RV Wireless is Connectifi's major stakeholder. Capitalizing on the power of Wi-Fi technology to meet the growing demand for high-speed Internet connectivity among RV enthusiasts and resort owners, RV Wireless is working to consolidate the Wi-Fi industry within this highly valuable market niche. The company is creating a large customer base for its leading edge communications offerings through acquisition and organic growth.
RV Wireless has identified an enormous opportunity within the rapidly expanding RV community. The resorts act as seasonal homes to many 50 to 65 year old "early retirees", a growing demographic that will soon include the technically sophisticated baby-boom generation. AARP reports people the age of 50 and over control 75% of the nation's disposable income and 77 percent of all financial assets. 10 percent of those over 55 own an RV. And for the next ten years, approximately 12,000 people a day will turn 50. RV Wireless is dedicated to meeting their increasing needs for full-time Internet connectivity with technologically superior network solutions and services.
About Connectifi, Inc.
Connectifi is the leading provider of high-speed Internet access to RV resorts and their guests in North America. The company installs and maintains cutting-edge wireless networks and enables RVers to go online via more than 7,500 Wi-Fi locations and 3,300-plus dial-up access numbers, with plans to expand its wireless network. Targeting the rapidly expanding, highly profitable RV market niche with leading edge Wi-Fi network technology and superior services, Connectifi makes high-speed Internet connectivity affordable, easy to use, reliable and available to RVers nationwide.
Safe Harbor
Certain statements above constitute forward-looking statements with respect to RV Wireless, Connectifi and affiliated companies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.