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PRESS RELEASE
Phillip J. Storin
Chief Financial Officer
NetNearU
409-775-3405 or
512-327-6152
December 9, 1999
Internet Access Terminal Provider
Poised for Rapid Growth
COLLEGE STATION, Texas, Dec. 9 /PRNewswire/ -- You and the family are cruising down the Interstate headed toward your favorite vacation spot. Suddenly you get the urge. No, not to grab a snack or freshen up -- but to check your e-mail.
Actually, you can take care of all of these needs at more and more truck stops, gas stations, restaurants, retail outlets and convenience stores, according to Larry M. James, chairman and CEO of NetNearU, a leader in the fast growth business of Internet access terminals.
Thanks to Internet access terminals, you can not only check e-mail while out on the road, you can also browse the World Wide Web, play a variety of popular video games, print documents and even participate in a videoconference.
According to industry analyst reports, there are about 5,000 such units already in use throughout the United States. But that number is expected to grow to more than 100,000 over the next three years.
Most people using Internet access terminals browse the Web, access online services, or get their e-mail, James says.
"Our terminals make Internet access available outside the home or office to anyone who needs it at any time," says James. "Most units installed today are in airports and truck stops. But growth is being driven by the demand for terminals in major public access areas, such as hotels, restaurants, retail outlets, convention centers, bus stations, colleges and universities, shopping malls, office buildings and coin laundries."
Users can pay for their Internet access using a credit card, cash or prepaid cards.
NetNearU began operations in 1997 to capitalize on the exponential growth of the Internet and increasing consumer demand for convenient Internet access. Since then the company has become a leader in an embryonic but rapidly growing business.
Truck stop and restaurant owners like the new Internet access terminals because they provide an additional customer amenity and are an important new source of revenue.
James points out an interesting side effect of the budding new industry: "More and more small businesses will become involved in e-commerce as they install Internet access terminals for the convenience of their customers," he says.
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just add internet