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Releases
Ygnition Announces Acquisition of
Cable Systems in Orlando, Florida
Company acquires broadband access rights at 6 Florida properties
Ygnition Networks a leading provider of Video,
Internet, and Voice services to the multi-family real estate industry,
announced today that it has acquired private cable system assets serving
2,612 homes in six properties in the greater Orlando, Florida market. The
six cable systems were owned by Park Square Enterprises and Prime Time
Broadband, a wholly-owned subsidiary of AIMS Worldwide (OTC BB AMWW).
Ygnition provides broadband services to over 140,000 apartment units
throughout the United States. The company also provides point-to-point data
circuits and T-1 Internet circuits to commercial users across the country.
"This acquisition is an excellent fit for Ygnition as these properties are
all within our existing central Florida footprint." Said Glenn Meyer Founder
and Chairman of Ygnition. "We completed our first acquisition in this market
two years ago with the goal of growing rapidly. The latest acquisition along
with a number of recent agreements we have signed directly with property
owners in the area significantly increases our presence in this market."
" We are pleased that the cable systems will be operated by Ygnition
Networks going forward," said Chris Petersen, President & CEO of Prime Time
Broadband. "This transaction is part of our overall corporate strategy where
AIMS Worldwide will concentrate on its core business of marketing services."
"Park Square is also pleased that Ygnition Networks will be operating the
systems in the future," stated Charles Cavaretta, Vice President - Land
Division at Park Square Homes. "We always strive to offer our homeowners
world-class service, whether it is in homebuilding or communications
services. I am confident that Ygnition will continue the level of
professional service we have provided along with Prime Time Broadband."
About Ygnition Networks, Inc.
Ygnition Networks is a leading provider of
state of the art broadband services including cable TV, high-speed Internet
and digital voice (VoIP) to the multifamily housing industry. The Company
was named by Broadband Properties magazine as one of the "Top 100 Broadband
Companies of 2006." Ygnition Networks is the preferred broadband services
provider to over 140,000 apartment homes across the country. The company is
headquartered in Seattle, Washington and maintains offices in California,
Texas, and Florida
For more information please contact:
Glenn Meyer
gmeyer@ygnition.com
(206) 574-5480
www.Ygnition.com
About Aims Worldwide.
AIMS Worldwide is a vertically integrated marketing communications
consultancy providing organizations with focused marketing solutions at the
lowest possible cost. AIMS increases the accuracy of the strategic direction
of its client's marketing program, improves results and reduces the cost, by
refocusing "mass marketing" to a more strategic "One-2-One" relationship
with the ideal customer. To further differentiate from the rest of the
market, AIMS places intense focus on the Return on Marketing Investment, or
ROMISM. The Company's goal is to provide clients with a measurable return by
first conducting an analysis of the client's existing marketing strategy in
order to deliver an increased return on its investment. AIMS is accelerating
its growth by targeting and acquiring a group of media and marketing
communication services companies.
For more information, please contact Gerald Garcia Jr. at 703-621-3875, ext.
2256, email:
ggarcia@aimsworldwide.com
or visit
www.aimsworldwide.com .
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