OMAHA, NE -- 11/18/08 --
Rapid Link, Incorporated (OTCBB: RPID), a leading
provider of WiMax and Communication Services, announced today the delivery
and successful installation of a three year contract to provide internet
access to the Cobb County School District of Georgia.
The Cobb County School District is the second largest school district in
the State of Georgia, with over 15,000 employees, 115 schools, and
approximately 107,000 students.
Matt Liotta, Chief Technology Officer of Rapid Link, commented,
"Previously, Cobb County District had an OC-3 (155Mbps) of internet access,
which translates into less than one T1 (1.54Mbps) per school. Through this
contract with Rapid Link, they now receive 1Gbps of internet access. This
is an increase of over six times. The ever increasing bandwidth demands by
both students and employees alike make our service the perfect solution for
the Cobb County District needs."
About Rapid Link, Incorporated
Rapid Link, Incorporated is a Diversified Communication Services company,
supplying bundled internet and voice services to Business and Residential
customers. Rapid Link offers broadband access via its own facilities to
ensure fast and reliable delivery of its content. As a leading licensed
WiMAX carrier, Rapid Link is on the cutting edge of this exciting new
technology. We are one of the only carriers that can offer an end-to-end
solution for our customers without a dependency on any other company's
resources.
For more information, visit www.rapidlink.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: With the exception of historical information, the statements set
forth above include forward-looking statements that involve risk and
uncertainties. The Company wishes to caution readers that a number of
important factors could cause actual results to differ materially from
those in the forward-looking statements. Those factors include, but are not
limited to, risks and uncertainties such as the failure to satisfy
contractually agreed upon closing conditions that may delay or prevent the
closings of subsequent debt financings contemplated by the applicable
agreements; the risk factors noted in the Company's filings with the United
States Securities and Exchange Commission, such as the trading price of the
Company's common stock reaching levels that would cause funding to occur;
the rapidly changing nature of technology, evolving industry standards and
frequent introductions of new products, services and enhancements by
competitors; the competitive nature of the markets for the Company's
products and services; the Company's ability to gain market acceptance for
its products and services; the Company's ability to fund its operational
growth; the Company's ability to attract and retain skilled personnel; the
Company's ability to diversify its revenue streams and customer
concentrations; and the Company's reliance on third-party suppliers.
Contact:
Investor Relations
Rapid Link, Incorporated
Tel.: 402-392-7561
