ICOA acquires AuthDirect; retains group for investor relations

WARWICK – ICOA Inc., a provider of neutral-host wireless broadband Internet networks in airports, restaurants and marinas, announced it has acquired AuthDirect Inc., a privately held San Jose, Calif., company that provides flexible and customized service management platforms for Wi-Fi hot-spot service providers and operators.



AuthDirect’s service management platform, TollBooth, includes total customized branding, credit card merchant gateway integration and flexibility to incorporate access control devices from more than 15 hardware manufacturers.



ICOA also announced it has engaged Hawk Associates to provide investor relations and financial media relations. “Hawk Associates is the premier investor relations agency working with micro-cap companies on Wall Street today,” said George Strouthopoulos, CEO of ICOA, in a release. “We look forward to working with them as we execute ICOA’s strategy for growth.”


 


Verizon Online adds new high-speed lane for businesses

NEW YORK – Verizon Online has introduced a new DSL speed option for consumers and businesses.



The new service offers a maximum connection speed of 3 Mbps (megabits per second) downstream and 768 Kbps (kilobits per second) upstream and is available in a dozen states, including Rhode Island. Verizon plans to expand the service later this year.



“Today’s broadband customers are looking for higher speeds to support working from home, multi-player gaming and e-mailing large files like photographs, but most of all, they’re looking for a great value,” said John Wimsatt, vice president of broadband for Verizon Online, in a release.

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