ADSL: Flashcom Receives Funding to Accelerate Nationwide DSL Deployment; Additional Capital From Crosspoint Venture Partners Will be Used to Facilitate 35 City Rollout

ADSL: Flashcom Receives Funding to Accelerate Nationwide DSL Deployment; Additional Capital From Crosspoint Venture Partners Will be Used to Facilitate 35 City Rollout – Company Business and Marketing

Flashcom Inc., the premier National Digital Services Provider (DSP), Monday announced that it has received capital funding from Crosspoint Venture Partners to accelerate its plans to offer DSL service nationwide.

Flashcom is the nation’s largest DSL exclusive supplier and the only company currently providing service to thousands of businesses and power users in Northern and Southern California, Massachusetts, New York, New Jersey, Connecticut, Illinois and Washington D.C.

At its top speed, Flashcom’s DSL service is up to 50 times faster than most dial-up modem connections and 20 times faster than ISDN. And, unlike dial-up services, there is no wait to connect and no busy signals. Once installed, the high-speed connection is always on and available. The DSL service is also a flat-rate service with no usage charges — eliminating both costly, unpredictable charges often associated with ISDN.

Superior to cable modems which operate in a shared environment, Flashcom’s DSL offers a secure connection that is perfect for banking and E-commerce services. DSL is also well suited for high bandwidth applications such as Video on demand, Multimedia applications, Local Area Networks, Voice over IP (VoIP), or Web Site Hosting.

Flashcom maintains a National Digital Network that was designed exclusively for DSL and is unique in its ability to provide private, low cost, secure connections between sites without using the Internet.

“We are excited about this opportunity to work with Flashcom,” said Robert Hoff, general partner at Crosspoint Venture Partners. “We like Flashcom’s exclusive focus on DSL technology and it’s aggressive deployment of service nationwide. This combined with our financial backing will enable Flashcom to expand upon it’s current market leadership”.

“Crosspoint’s funding allows Flashcom the opportunity to prove to the world that DSL is a superior high speed access technology and realize our dream of DSL on every copper pair” added Brad Sachs, president of Flashcom.

Flashcom is the leader in providing high-speed, dedicated, direct connect xDSL technology nationally, currently providing service in eight major markets with plans for 27 more by the end of 1999. We offer secure interstate/intrastate multi-office and Internet connectivity solutions that are far less expensive than current methods.

Being a full service Digital Solutions Provider, we also offer expert: Web Development and Hosting, Server Co-location, Monitored Firewall/Virtual Private Networks (VPN) solutions and Nationwide ISP/Reseller programs. Flashcom corporate headquarters are in Westminster. FMI: http://www.flashcom.com, or 714/891-7891.

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