Omnicity agrees to acquire Lightspeed in Ohio pushing its subscriber base over 10,000

RUSHVILLE, Ind., Feb. 4, 2010 (GLOBE NEWSWIRE) -- Omnicity Corp (OTCBB:OMCY), the Midwest's largest fixed Wireless Internet Service Provider (WISP), has agreed with Lightspeed Wireless, DNS, Inc., of Berlin, Ohio, to purchase Lightspeed's central Ohio internet service operation.

This asset purchase of Lightspeed's 41 towers and over 3800 predominantly wireless subscribers will be Omnicity's first cross border acquisition in the state of Ohio and is expected to serve as a cornerstone for Omnicity's growing presence in Ohio. This acquisition will push Omnicity's subscriber base over 10,000, an increase of more than 450% in 1 year since its public listing in February 2009...