Attached files
| file | filename |
|---|---|
| 8-K - INTERNET AMERICA INC | v172347_8k.htm |
Exhibit
99
Internet
America Notified Regarding ARRA Grant Proposal
(Houston) January 26,
2010-Internet America,
Inc. (OTCBB: GEEK) a Houston-based provider of Internet access services,
announced today it received notice that its grant proposal under the American
Recovery and Reinvestment Act was no longer being evaluated for the first round
of funding under the Broadband Technology Opportunities Program. Internet
America has learned that it was one of 1,400 applicants to receive such notice
from the National Telecommunications and Information Administration
recently.
Internet
America’s $30.6 million project planned to bring high-speed broadband Internet
to 35 rural counties in Southeast Texas had previously received formal
recommendation from the State of Texas Department of Agriculture Commissioner
Todd Staples. Among its evaluation criteria the State considered
reasonableness of the proposed cost of service, sustainability and the level of
service to be provided. To date we can find no record of any funding
approval for applicants in the state of Texas.
On
January 15, 2010, the Commerce Department announced availability of an
additional $4.8 billion in the second funding round for rural
broadband. The Company is currently evaluating whether to submit an
application in this second round of funding.
About
Internet America
Internet
America is a leading Internet service provider serving the Texas market. Based
in Houston, Internet America offers businesses and individuals a wide array of
Internet services including broadband Internet delivered wirelessly and over
DSL, dedicated high-speed access, web hosting, and dial-up Internet access.
Internet America provides customers a wide range of related value-added
services, including Fax2email, online backup and storage solutions, parental
control software, and global roaming solutions. Internet America focuses on the
speed and quality of its Internet services and its commitment to providing
excellent customer care. Additional information on Internet America is available
on the Company’s web site at http://www.internetamerica.com.
This
press release may contain forward-looking statements relating to future business
expectations. These statements, specifically including management’s beliefs,
expectations and goals, are subject to many uncertainties that exist in Internet
America’s operations and business environment. Business plans may change, and
actual results may differ materially and without limitation as a result of a
number of risk factors. A more detailed list of cautionary statements is
included in our other publicly filed reports and documents.