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Friday
May 12, 12:18 pm Eastern Time
Company Press Release
North
American DataCom Receives Certification as a Competitive Local
Exchange Carrier -CLEC-
IUKA,
Miss.--(BUSINESS WIRE)--May 12, 2000--In a public announcement
today, the Lieutenant, Governor of the State of Mississippi,
Amy Tuck, announced that North American DataCom, Inc. (OTC
BB: NADA
- news)
had received certification by the Mississippi Public Service
Commission (MPSC) as a Competitive Local Exchange Carrier
(CLEC) and Interexchange Carrier (IXC). In her statement,
the Lieutenant Governor thanked the Public Service Commission
for their efforts along with the untiring efforts of Senator
Travis Little, who represents the district in which North
American DataCom, Inc. (NAD) is located. NAD will begin offering
voice, data, high-speed Internet and data storage services
from its Mississippi based facilities. NAD plans to co-locate,
high-speed ADSL (asymmetric digital subscriber line) and SDSL
(symmetric digital subscriber line) switches in Mississippi
and across the southeast as interconnection agreements are
finalized between NAD and BellSouth. With the addition of
ADSL and SDSL services, NAD will be in a position to offer
Internet connections at speeds up to 1.5 Megabits per second.
The internet service will be packaged with local, in-state,
and long distance telephone services. NAD also intends to
expand its current wireless operations to provide voice, data,
and high-speed Internet services to business and residential
customers beginning in late summer.
Robert
Crawford, President of NAD, commented that, ``As a CLEC, NAD's
use of ADSL and SDSL technology brings a more robust, reliable
and secure connection to the Internet than traditional dial
up services. The traditional internet service will soon be
replaced with high speed connections (broad band width) by
the ISP (Information Service Provider) companies that will
be leading this information technology industry into the future.''
Mr.
Crawford further stated that, ``As NAD expands its CLEC and
IXC footprint in the southeast, its digital subscriber services
plans to obtain market penetration into commercial and consumer
markets through a optical, metallic, and wireless hybrid service
system.''
Safe
Harbor Statement
Statements
in this release express management's beliefs and expectations
regarding future performance. These statements are forward-looking
and involve risk and uncertainties. These risks include, but
not limited to, the ability to negotiate venture agreements,
properly identify acquisition partners, manage and integrate
acquired businesses, react to quarterly fluctuation in results,
raise working capitol and secure other financing, respond
to competition and other rapidly expanding technology, deal
with market and stock price fluctuation, and other risks.
These risks are and will be detailed, from time to time, in
North American DataCom, Inc. Securities and Exchange Commission
filings, including Form 10KSB for year ending June 30, 1999,
Form 8K dated December 20, 1999, Form 10Q dated April 13,
2000, and subsequent Forms yet to be filed. Actual results
may differ materially from management's expectations.
____________________
Contact:
North
American DataCom, Inc., Iuka
Investor
Relations, 662-424-5030
www.nadata.com
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