RUSHVILLE, Ind, July 17, 2009 (GLOBE NEWSWIRE) -- Omnicity Corp (OTCBB:OMCY) issued a news release dated July 13, 2009 indicating that Omnicity had established terms with partners of East Allen High Speed Internet to acquire the business and network infrastructure of Hoagland, Indiana based EAWiFi. The purpose of this current news release is to advise that no terms have been established with respect to any such acquisition.
About Omnicity:
Our vision is to be the first broadband service provider to expand its network across rural America.
Omnicity Corp is a public company based in Indiana providing broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets and is planning to be the premier consolidator of rural market broadband nationwide. Omnicity's strategy is to provide a total broadband solution and continue rapid growth through acquisitions, organic growth and continue to partner with Rural Electric Membership Co-ops and Rural Telephone Companies. Omnicity has an experienced broadband operations team with extensive wireless broadband/ISP expertise as well as the expertise to consolidate large numbers of businesses through its roll-up strategy.
Forward-looking statements, made pursuant to safe harbor provisions of the PSLR Act of 1995, inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for changes after the date of this release.