FRNS First Avenue Networks (MM)

First Avenue Networks (NASDAQ:FRNS), a fixed wireless services provider, today announced Government Connection, its flat-rate plan for Carrier Ethernet and existing transport services. The plan is structured to provide Carrier Ethernet services up to 100 Mbps as well as NxDS-1, DS-3 or OC-3 connections to government agencies and suppliers for $2,000 per month. To meet increasing data requirements and federal compliance standards for physically diverse and redundant networks, government agencies need the flexibility and capacity of services such as Carrier Ethernet to future proof their networks. Estimates are that 85 percent of the buildings in a given metro area do not have fiber access, precluding the delivery of Carrier Ethernet and other high capacity services. Offering government-grade connectivity over licensed spectrum at high availability (99.995%), Government Connection provides agencies and their suppliers with a simple plan for deploying primary and redundant high capacity transport connections. "The government's requirement for broadband communications is driven by the need for high availability and for the diverse routing of critical information," said retired Lt. Gen. John B. Conaway, chairman & CEO of the Conaway Group, and former Chief of the National Guard Bureau. "Today, agencies are struggling to provide secure and protected communication services while controlling their costs. The market is ripe for a cost-effective fixed wireless offering with government-grade services that enables an agency to meet these needs." "First Avenue Networks is revolutionizing the way government agencies provide secure and highly available communications services to their departments," said Mike Gallagher, president and CEO, First Avenue Networks. "Government Connection's innovative, flat-rate pricing positions First Avenue Networks as a market leader. We are pioneering a new era of wireless communications by providing government agencies and their suppliers with high capacity fixed-wireless services. Our offering not only protects their existing investments, but also enables them to easily and cost-effectively meet their future requirements." Pending GSA Schedule approval, First Avenue Networks' Government Connection is available throughout the U.S. Full service details are available at: www.firstavesolutions.com/governmentconnection.htm About Government Connection First Avenue's Government Connection is a fixed wireless transport service that utilizes the company's nationwide, multi-channel 24 GHz and 39 GHz licensed spectrum holdings to deliver NxDS-1, DS-3, OC-3, and up to 100 Mbps Carrier Ethernet transport links. Available at a flat rate of $2,000 per month, per connection, Government Connection offers nationwide coverage (with high densities in major metros) and the following: -- Government-grade high availability (99.995%) -- A unique network diversity and redundancy qualification software application -- Optional multi-service and ATM configurations -- Installed and commissioned by government approved wireless & networking staff About First Avenue Networks First Avenue Networks (NASDAQ:FRNS) is a leader in delivering wireless transport services to cellular carriers, service providers and government suppliers and agencies. First Avenue provides wireless backhaul and Carrier Ethernet services over its licensed spectrum footprint, which includes nationwide 24 GHz and 39 GHz holdings. For further details, visit http://www.firstavenet.com/ or call (703) 873-4165. The above information includes forward-looking statements regarding the benefits of the announced new service offering, securities trading and the provision of services by the Company and other opportunities in the Company's marketplace. These statements are not guarantees of future performance. Known and unknown risks, uncertainties, and other factors, including without limitation, the risk that the new service offering will not be widely accepted or will not produce the anticipated results, capital constraints, changes to or failure to execute the Company's strategy and business plan, non-renewal or revocation of FCC licenses, variable customer demand, technological risks, ability to manage growth, competition and government regulation and other risks may cause actual results to differ materially from the future results implied or expressed in the forward-looking statements. Many of these risks and uncertainties are further discussed in our most recent filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the fiscal year ended December 31, 2004. The Company does not undertake to and expressly disclaims any obligation to update or revise its forward-looking statement publicly to reflect any change in these forward-looking statements, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.