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Home > About Us > News Releases


 News Releases



Storm Completes new financing round.
Storm Internet Services has inked a new financing deal through a combination of traditional financing and private investment.

OTTAWA, Canada, Aug 29, 2006 - Over the last year Storm has quietly been expanding its services and service areas while investing in new technologies to enhance the customer experience.

"For over the past couple of years, we have been challenged by the high levels of demand for our services. Our growth plans, require much more capital to be available for providing the infrastructure" said Barry Williams, President of Storm Internet. "This new round of financing will help us to roll out new services and service areas much more quickly."

The new financing was a key part of delivering on our expansion plans in 2006 and 2007 said Kevin Preece, Client Services Manager at Storm. Our existing network is being upgraded at this time and is expected to be substantially complete in 2006 which allows us to deliver faster services in the coming year as our network upgrade and expansion rolls out.


About Storm:
Storm Internet provides a wide range of Internet access services to residential and business users. An industry leader since 1996 in fixed-wireless connectivity, Storm currently maintains one of the largest broadband wireless networks in North America, covering approximately 35,000 square kilometers, spanning more than 50 communities and municipalities. Locally owned and operated, Storm is known for providing consistent and highly reliable connectivity as well as the dedication and care taken to maintain excellent customer service. Visit Storm on the web at www.storm.ca.

For more information:

Barry Williams
President & Chief Executive Officer
Storm Internet Services, Inc.
(613) 567-6585 x. 222
barry@storm.ca
http://www.storm.ca




 
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