EX-99.1
3
v091245_ex99-1.htm
KeyOn
Communications:
Jonathan
Snyder
KeyOn
Communications
402-998-4000
KeyOn
Investors:
Christiane
Pelz
Lippert/Heilshorn
& Assoc.
415-433-3777
cpelz@lhai.com
KeyOn
Communications Acquires MicroLnk, LLC.
-
Extends Coverage in Central Nebraska and Iowa -
-
Grows Subscriber Base to More than 15,500 -
OMAHA,
NE, Oct. 23, 2007 -- KeyOn Communications Holdings, Inc. (OTCBB:KYCS - News),
a
leading provider of wireless broadband and voice over Internet protocol (VoIP)
services to rural and underserved markets, has purchased, in an all-cash
transaction, substantially all of the assets of MicroLnk, LLC., a wireless
Internet provider in Nebraska and Iowa with approximately 1,400
subscribers.
"KeyOn
is aggressively pursuing an acquisition strategy designed to drive subscriber
growth and extend our network footprint", stated Jonathan Snyder, president and
CEO of KeyOn Communications. "MicroLnk is an ideal example of an acquisition
that fits our strategy - a company that operates either within or adjacent
to
our networks with a wide geographic footprint. With this purchase, our
subscriber base exceeds 15,500 and the population covered by our networks
increases by 95,000 to more than 2.1 million. Since July 2005, we have completed
four similar acquisitions, leveraging our existing network and resources to
lower operating expenses of the acquired properties".
"KeyOn
intends to continue expand its business and reach through similar asset
purchases and other strategic transactions. Additionally, by applying our proven
direct and indirect distribution methods over a larger coverage area, we expect
to increase our subscriber base organically", concluded Snyder.
About
KeyOn Communications Holdings, Inc.
KeyOn
Communications Holdings Inc. (KeyOn, OTC BB: KYCS) is a leading provider of
wireless broadband services to rural and underserved markets with populations
generally less than 250,000. KeyOn offers its broadband services along with
voice over Internet protocol (VoIP) and satellite video services to both
residential and business subscribers across 11 Western and Midwestern states.
Through a combination of organic growth and four acquisitions, KeyOn has
expanded its network footprint to reach 47,000 square miles and cover nearly
2.1
million people as well as small-to-medium businesses. With its successful track
record of acquiring companies and growing its core subscriber base, KeyOn has
established itself as one of the largest wireless broadband companies in the
United States. Management intends to drive subscriber growth through additional
asset acquisitions as well as organic growth across the company's expanding
footprint by offering bundled services, including the best value broadband,
video and VoIP. In addition, the company intends to purchase spectrum licenses
and opportunistically build mobile and/or nomadic WiMAX networks in and around
its market footprint.
Safe
Harbor Statement
Certain
statements contained in this press release are "forward-looking statements"
within the meaning of applicable federal securities laws, including, without
limitation, anything relating or referring to future financial results and
plans
for future business development activities, and are thus prospective.
Forward-looking statements are inherently subject to risks and uncertainties
some of which cannot be predicted or quantified based on current expectations.
Such risks and uncertainties include, without limitation, the risks and
uncertainties set forth from time to time in reports filed by the company with
the Securities and Exchange Commission. Although the company believes that
the
expectations reflected in such forward-looking statements are reasonable, it
can
give no assurance that such expectations will prove to have been correct.
Consequently, future events and actual results could differ materially from
those set forth in, contemplated by, or underlying the forward the
forward-looking statements contained herein. The company undertakes no
obligation to publicly release statements made to reflect events or
circumstances after the date hereof.

EX - 99 . 1 3 v091245 _ ex99 - 1 . htm KeyOn Communications : Jonathan Snyder KeyOn Communications 402 - 998 - 4000 KeyOn Investors : Christiane Pelz Lippert / Heilshorn & Assoc . 415 - 433 - 3777 cpelz@lhai.com KeyOn Communications Acquires MicroLnk , LLC . - Extends Coverage in Central Nebraska and Iowa - - Grows Subscriber Base to More than 15,500 - OMAHA , NE , Oct. 23 , 2007 -- KeyOn Communications Holdings , Inc . ( OTCBB : KYCS - News ) , a leading provider of wireless broadband and voice over Internet protocol ( VoIP ) services to rural and underserved markets , has purchased , in an all - cash transaction , substantially all of the assets of MicroLnk , LLC . , a wireless Internet provider in Nebraska and Iowa with approximately 1,400 subscribers . " KeyOn is aggressively pursuing an acquisition strategy designed to drive subscriber growth and extend our network footprint " , stated Jonathan Snyder , president and CEO of KeyOn Communications . " MicroLnk is an ideal example of an acquisition that fits our strategy - a company that operates either within or adjacent to our networks with a wide geographic footprint . With this purchase , our subscriber base exceeds 15,500 and the population covered by our networks increases by 95,000 to more than 2 . 1 million . Since July 2005 , we have completed four similar acquisitions , leveraging our existing network and resources to lower operating expenses of the acquired properties " . " KeyOn intends to continue expand its business and reach through similar asset purchases and other strategic transactions . Additionally , by applying our proven direct and indirect distribution methods over a larger coverage area , we expect to increase our subscriber base organically " , concluded Snyder . About KeyOn Communications Holdings , Inc . KeyOn Communications Holdings Inc . ( KeyOn , OTC BB : KYCS ) is a leading provider of wireless broadband services to rural and underserved markets with populations generally less than 250,000 . KeyOn offers its broadband services along with voice over Internet protocol ( VoIP ) and satellite video services to both residential and business subscribers across 11 Western and Midwestern states . Through a combination of organic growth and four acquisitions , KeyOn has expanded its network footprint to reach 47,000 square miles and cover nearly 2 . 1 million people as well as small - to - medium businesses . With its successful track record of acquiring companies and growing its core subscriber base , KeyOn has established itself as one of the largest wireless broadband companies in the United States . Management intends to drive subscriber growth through additional asset acquisitions as well as organic growth across the company 's expanding footprint by offering bundled services , including the best value broadband , video and VoIP . In addition , the company intends to purchase spectrum licenses and opportunistically build mobile and / or nomadic WiMAX networks in and around its market footprint . Safe Harbor Statement Certain statements contained in this press release are " forward - looking statements " within the meaning of applicable federal securities laws , including , without limitation , anything relating or referring to future financial results and plans for future business development activities , and are thus prospective . Forward - looking statements are inherently subject to risks and uncertainties some of which can not be predicted or quantified based on current expectations . Such risks and uncertainties include , without limitation , the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission . Although the company believes that the expectations reflected in such forward - looking statements are reasonable , it can give no assurance that such expectations will prove to have been correct . Consequently , future events and actual results could differ materially from those set forth in , contemplated by , or underlying the forward the forward - looking statements contained herein . The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof .