August 22, 8:05am Eastern Time
Company Press Release
American DataCom Announces Fiber Optic Conduit Agreement
Miss.--(BUSINESS WIRE)--Aug. 22, 2000--Robert R. Crawford,
president of North American DataCom, Inc. (OTCBB:NADA - news),
today announced DataCom's finalization of an agreement to
purchase more than one thousand miles of fiber optic conduit
along a corridor connecting Atlanta, Georgia; Chattanooga,
Tennessee; and Memphis, Tennessee. The agreement provides
a framework for additional network segments throughout the
southeastern United States. This agreement, along with DataCom's
previous purchase of 500 miles of conduit secured earlier
in the year between Jacksonville, Florida and New Orleans,
Louisiana, finalizes several critical routes for the Company's
fiber optic infrastructure.
``We are very pleased and excited to have concluded this transaction.
This Agreement represents a major milestone as we deploy and
expand our fiber optic network throughout the region,'' said
DataCom will provide Enterprise Data Storage Services, Bandwidth,
and Professional Services for high-speed Storage Area Networks
and point-to-point Critical Data Storage. Services will exploit
DataCom's network infrastructure for data availability, data
protection, scalability, and performance for the medical,
financial, government, and corporate arenas.
North American DataCom is an information technology company
with a core emphasis in Fiber Optic and Wireless Technologies,
Critical and Remote Enterprise Storage Services, Internet
Access, Network Support and Information Technology Services.
This vertical market structure is central to DataCom's overall
business plan. DataCom plans to offer high-speed data access
and remote critical data storage services from its ``state-of-the-art''
Mississippi-based data center facilities.
North American DataCom, through its North American InfoTech,
LLC subsidiary, is deploying a broadband fiber optic and wireless
distribution network within the southeastern United States.
When completed, the NAIT network will consist of more than
3,000 route miles of fiber optic facilities, and will be able
to support the data storage and retrieval, multimedia and
e-Commerce communications applications associated with the
emerging Broadband Economy. NAIT plans to offer a host of
network based services including point-to-point broadband
services, managed wavelength services and secure Enterprise
Data Storage throughout the southeastern United States.
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 June 16, 2000, and subsequent Forms yet to be filed.
Actual results may differ materially from management's expectations.
North American DataCom's principal executive offices are located
at 751 County Road 989, Building 1000, Iuka, MS 38852. For
further information, contact Investor Relations, 662/424-5030,
and by e-mail at firstname.lastname@example.org.
American DataCom, Inc., Iuka