Cypress Communications assists former NorthPoint customers
Cypress Communications, Inc. (Nasdaq: CYCO), a provider of in-building broadband communications services, announced it has signed service agreements with more than 25 of NorthPoint Communications' former business customers within the last two weeks.
In March, the United States Bankruptcy Court approved AT&T's purchase of substantially all of NorthPoint's assets. AT&T chose not to acquire NorthPoint's wholesale business, and without enough funds to keep its network running, NorthPoint notified service providers of an "imminent" shutdown.
Recently Cypress Communications announced a revised business plan that is designed to fully fund the company's ongoing business operations and eliminate the company's need to raise additional capital.
About Cypress Communications:
Cypress Communications provides broadband solutions to businesses located in commercial office buildings in major metropolitan markets throughout the United States. The company offers a fully integrated, customized communications package that typically includes high-speed, fiber optic Internet connectivity, e-mail services, Web hosting services, remote access connectivity, local and long distance voice services with advanced calling features, digital telephone systems and digital satellite business television. For more information, visit www.cypresscom.net.

