Contact Information: For Further Company Information, Contact: Richard Kingston CEO Business Only Broadband 630-242-6800 For Further PR Information, Contact: Gary McCoy President Fairway Communications 847-622-7228 For Further Information About BITS, Contact: Chuck Daniels CEO BITS 973-474-1800 Christian Ericson Director of Marketing & Sales BITS 973-474-1828
Business Only Broadband Announces Agreement With BITS
| Source: Business Only Broadband
WESTMONT, IL--(Marketwire - April 3, 2008) - Business Only Broadband (BOB), a carrier-class
wireless provider for the financial sector and other large enterprise
clients, announced today it will provide WiMAX service to BITS, a
subsidiary of the Atlantic Central Bankers Bank. ACBB, which is owned by
more than 350 community banks throughout the five states of NY, NJ, PA, MD,
and DE, provides correspondent banking services to its shareholder banks.
BITS (Banking Infrastructure & Technology Services) provides managed
communication services exclusively to community banks nationwide. Services
include secure and encrypted Branch-To-Branch Connectivity through MPLS
IP-VPNs, Hosted IP Telephony Services, Managed Secure Internet Access, and
Managed Third Party Connectivity Services, delivered by two fully
redundant, multi-million dollar data centers.
"Community banks are moving to next generation converged networks and as a
result are heavily dependent on their data network for all voice
communications and data services. A single disconnected circuit can disrupt
an entire bank's operation. Therefore, diversity in physical connectivity
mediums are of significant importance to community banks," said Chuck
Daniels, CEO of BITS. "Through BOB's microwave network solution, BITS can
further enhance our customers' network diversity to assure business
continuity."
BOB offers 100 % diverse service with no common point of failure with the
Local Exchange Carrier or Competitive Local Exchange Carriers. In addition
to Metro Ethernets and City-to-City connections, BOB provides the next
generation of last mile providers for Internet, Extranets and
point-to-point private microwave networks to assist IT professionals in the
development and implementation of their business continuity strategy.
BOB offers the enterprise marketplace four unique products. WiMAN
FinanceConnect™ is a custom Extranet solution that targets financial
exchanges, market data providers, and their data centers. WiMAN
PrivateConnect™ offers the market a wireless Metro Ethernet solution
that never has to traverse the public networks. The company's WiMAN
PublicConnect™ offers business class Internet transit, along with access
to multiple tier 1 transit providers at diverse data centers providing
companies with a routed IP connection to vendor/suppliers and remote
offices over an all wireless self-healing ring architecture.
BOB's latest innovation, WiMAN CityConnect™, connects Chicago to New
York so that its enterprise customers can combine Layer 2 and Layer 3
networks in either market without traversing the public networks.
For more information on Business Only Broadband, phone 877-627-5262, email
sales@bobbroadband.com, or visit www.bobbroadband.com. The Business Only
Broadband New York City office is located at 80 Broad Street 5th Floor, New
York, NY 10004.
About Business Only Broadband
Chicago area-based Business Only Broadband, provides carrier class, 100
percent diverse wireless Metro Area Networks and Extranet Solutions to the
Financial Sector and large enterprise clients. Business Only Broadband has
built the largest wireless broadband network in Chicago and is currently
opening service in New York City. Led by a veteran industry management
team, the company offers 100 percent diverse service with no common point
of failure with the LEC or CLEC network in addition to QOS, MPLS, Metro
Ethernets, Private Networks and City-to-City connections. Visit
www.bobbroadband.com for more information.
About BITS (Banking Infrastructure & Technology Services)
BITS (ACBB-BITS, LLC) is funded and fully owned by the Atlantic Central
Bankers Bank (ACBB) -- which is based in Camp Hill, PA and has assisted
community banks in competing more effectively since being founded by over
70 community banks in 1983. Today, ACBB has over 350 community bank
shareholders in PA, NJ, NY, MD, and DE and provides services to another 200
community banks. Taken together, these 500+ community banks have over 5,000
branch locations. This heritage uniquely positions BITS to provide enhanced
communication services to community banks nationwide. BITS was founded in
February 2005 after receiving approval from the Pennsylvania state banking
authorities and US Federal Reserve Bank.