SkyWay Communications Holding Corporation Enters Sales and Marketing Agreement With Titan to Provide High-Speed Airborne Network Services
5/12/2004 1:50:40 PM
CLEARWATER, FL, May. 12, 2004 (MARKET WIRE via COMTEX) -- SkyWay Communications Holding Corp. (SWYC) and The Titan Corporation, a leading provider of comprehensive information and communications solutions and services headquartered in San Diego, Ca., have entered into a teaming agreement for Titan to sell Skyways's high-speed airborne network services to the U.S. Government for use with selected military and homeland security applications.
Under terms of the contract, SkyWay grants The Titan Corporation the rights to market and sell SkyWay Systems and Services to Government customers. The services consist of real-time Video Teleconferencing, High-Speed Internet Access and Data, Telecommunications, In-Flight Video Surveillance, Air Filtration System Monitoring, Flight Management Avionics Data Link and Multiyear Data Archiving. The SkyWay Network, supported by the Air-to-Ground tower network and patented technology, allows for data transmission at speeds up to 15 Mbps to an aircraft. Testing with SkyWay's aircraft at Dulles International Airport demonstrated transmission speeds in excess of 23 Mbps.
"We are proud The Titan Corp, an industry leader, recognizes the opportunities and applications presented by the Sky Way Aircraft System," states Brent Kovar, President of SkyWay Communications Holding Corp. "We are equally proud that through Titan we are able to offer our Government a solution to keep American sky's safe."
"We are excited about the possibilities Sky Way Aircraft System technology offers," said Titan's David Stinson. "Including applications such as real-time video for homeland security and enhanced collaboration tools -- VTC, broadcast video, and high-speed data--for airborne use. We are testing the SkyWay Aircraft System and supporting technology so as to identify how to exploit the system's capabilities for the Government's benefit."
About Sky Way Aircraft, Inc.
Sky Way Aircraft is a division of SkyWay Communications Holding Corp. a Clearwater, Florida based company is developing a unique ground to air in-flight aircraft communication network that will facilitate homeland security and in-flight entertainment. Sky Way Aircraft is focused on bringing to the market a network supporting aircraft-related service including anti-terrorism support, real time in-flight surveillance and monitoring, WIFI access to the Internet, telephone service and enhanced entertainment service for commercial and private aircraft throughout the United States. Based on the final upgrading of a previous airborne telephone and communications network, Sky Way Aircraft intends to provide broadband connectivity between the ground and in-flight aircraft throughout the U.S. using technology that provides a broadband high-speed data transmission. Sky Way Aircraft intends to be the communications solution for commercial and private aircraft owners wanting real time access to on-board security systems, aircraft health and welfare monitoring, avionics operations and for passengers wanting real time high-speed access to the internet. Their network will enable applications that can personalize the in-flight entertainment experience, provide real time access to flight management avionics with long-term data storage and also support for ground monitoring of in-flight surveillance systems that are being designed with the goal of enhancing current airline security standards.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
For more information about SkyWay Communications Holding Corp. please
contact:
Brent Kovar
President
(727) 535 8211
www.skywayaircraftsecurity.com
SOURCE: SkyWay Communications Holding Corp.
5/12/2004 1:50:40 PM
CLEARWATER, FL, May. 12, 2004 (MARKET WIRE via COMTEX) -- SkyWay Communications Holding Corp. (SWYC) and The Titan Corporation, a leading provider of comprehensive information and communications solutions and services headquartered in San Diego, Ca., have entered into a teaming agreement for Titan to sell Skyways's high-speed airborne network services to the U.S. Government for use with selected military and homeland security applications.
Under terms of the contract, SkyWay grants The Titan Corporation the rights to market and sell SkyWay Systems and Services to Government customers. The services consist of real-time Video Teleconferencing, High-Speed Internet Access and Data, Telecommunications, In-Flight Video Surveillance, Air Filtration System Monitoring, Flight Management Avionics Data Link and Multiyear Data Archiving. The SkyWay Network, supported by the Air-to-Ground tower network and patented technology, allows for data transmission at speeds up to 15 Mbps to an aircraft. Testing with SkyWay's aircraft at Dulles International Airport demonstrated transmission speeds in excess of 23 Mbps.
"We are proud The Titan Corp, an industry leader, recognizes the opportunities and applications presented by the Sky Way Aircraft System," states Brent Kovar, President of SkyWay Communications Holding Corp. "We are equally proud that through Titan we are able to offer our Government a solution to keep American sky's safe."
"We are excited about the possibilities Sky Way Aircraft System technology offers," said Titan's David Stinson. "Including applications such as real-time video for homeland security and enhanced collaboration tools -- VTC, broadcast video, and high-speed data--for airborne use. We are testing the SkyWay Aircraft System and supporting technology so as to identify how to exploit the system's capabilities for the Government's benefit."
About Sky Way Aircraft, Inc.
Sky Way Aircraft is a division of SkyWay Communications Holding Corp. a Clearwater, Florida based company is developing a unique ground to air in-flight aircraft communication network that will facilitate homeland security and in-flight entertainment. Sky Way Aircraft is focused on bringing to the market a network supporting aircraft-related service including anti-terrorism support, real time in-flight surveillance and monitoring, WIFI access to the Internet, telephone service and enhanced entertainment service for commercial and private aircraft throughout the United States. Based on the final upgrading of a previous airborne telephone and communications network, Sky Way Aircraft intends to provide broadband connectivity between the ground and in-flight aircraft throughout the U.S. using technology that provides a broadband high-speed data transmission. Sky Way Aircraft intends to be the communications solution for commercial and private aircraft owners wanting real time access to on-board security systems, aircraft health and welfare monitoring, avionics operations and for passengers wanting real time high-speed access to the internet. Their network will enable applications that can personalize the in-flight entertainment experience, provide real time access to flight management avionics with long-term data storage and also support for ground monitoring of in-flight surveillance systems that are being designed with the goal of enhancing current airline security standards.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
For more information about SkyWay Communications Holding Corp. please
contact:
Brent Kovar
President
(727) 535 8211
www.skywayaircraftsecurity.com
SOURCE: SkyWay Communications Holding Corp.
