Investment
& Market Overview
The rapid growth in the number of Internet users has increased the market
for Internet-based products and services. Businesses and consumers are
becoming increasingly reliant on the Internet for access to information,
communication, e-commerce, and other transactions including operations,
sales, and customer service processes. The increasing sophistication of
service demands coupled with the volume of activity over the Internet,
is making high speed access to the Internet a necessity.
As a result; people and businesses need the capability of connecting
to the Internet from anywhere. Whether it be work, home, while traveling,
in hotels, resorts, hospitals, everywhere there is a need.
The mass acceptance of the Internet and the need for high speed, reliable
access, has created a substantial business opportunity in the following
four market segments:
Hospitality
Less than 10% of hotel rooms are currently equipped with high speed Internet
access! Our target segments in the hospitality market are North America
and the Caribbean.
These regions are home to approximately 60,000 hotel properties housing
5 million rooms.Of these, over 2.5 million rooms in approximately 20,000
hotels are targeted at business travelers.
Multi-Dwelling Residential Units
There are thousands of multi-dwelling units and hundreds of thousands
of residents of these units, looking for low cost, easy to obtain, high
speed Internet access. That is what this market represents! In North America,
approximately 50% of the population reside in multi-dwelling units (MDU)of
some kind.These include: apartments, condominiums, assisted-living facilities,
private communities or other types of multi-dwelling facilties.
The vast majority of these MDU's do not offer high-speed broadband Internet
access to their residents. Those that can, must do so on an individual
basis, and at a premium cost.
Healthcare Properties
North America alone, has over 7,000 hospitals! Patients and families,
as well as customers of healthcare facilities can be served by always-on,
high speed Internet access.
There are no indications that always-on, high speed Internet access is
readily available to serve the patients, families, or customers of healthcare
facilities.
Multi-Tenant Business Properties
International Data Corporation forecasts that dedicated connections to
the Internet for small and medium-sized businesses will grow from approximately
240,000 connections in 1998 to approximately 771,000 in 2000.This represents
an 83% compounded annual growth rate. Forrester
Research projects that the worldwide market for dedicated Internet
access spending among businesses will grow from $1.4 billion in 1998 to
approximately $33.5 billion by 2003 (ibid).
Services
By using ConnectAway services, property owners in each of these segments
can offer their customers enhanced Internet services thereby increasing
customer loyalty and generating repeat business. If you would like to
participate in ConnectAway, please call us at (425) 961-0363 or send us
email
ConnectAway
Investor Relations Department
(425) 961-0363 • investor@ConnectAway
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