MobilePro Buys Evergreen

BETHESDA, Md. -- MobilePro Corp. (BULLETIN BOARD: MOBL) , a wireless technology and broadband telecommunications company, announced today that it has acquired Evergreen Open Broadband, a wholesale wireless Internet service provider (WISP) based in Boston, Mass., for stock and the assumption of certain liabilities, to cultivate and manage relationships with regional and national ISPs targeting retail wireless customers.

Evergreen's wholesale business model provides an open, competitively priced wireless platform for local, regional and national ISPs to market their services. Under this model, the retail customer receives service and a bill from their preferred ISP while Evergreen bills the ISP for the value of wholesale services provided. Evergreen will continue to sign up new ISPs as part of Evergreen Open Broadband, a division of MobilePro. Principals of Evergreen are CEO Martin Levetin (formerly a founder and COO of CopperCom and senior vice president at RAM Mobile Data), Dick Edmiston (formerly senior vice president of R&D at EarthLink), Robert Weber and Jay Barnell.

Evergreen has actively participated in NeoReach's wireless bid preparations and bids for Tempe, Ariz., Orlando, Fla., and approximately 20 other city-wide deployments that are either pending or under consideration by other cities and will continue to do so as a part of NeoReach.

Bruce Sanguinetti, CEO of NeoReach, said, "While the WazAlliance focuses on municipal deployments and NeoReach brings back-office and operational expertise, Evergreen will work with large retail ISPs to provide wireless broadband services to their customers. By leveraging a known retail brand, we expect the customer base to rapidly increase with each new partnership. Marketing efforts, therefore, are not duplicated."

Jay Wright, CEO of MobilePro, said, "The acquisition of Evergreen underlines our commitment to becoming the leading wireless broadband telecommunications company. I look forward to continuing to work with Martin and his team under the NeoReach Wireless umbrella."

Martin Levetin, CEO of Evergreen, said, "Evergreen is pleased to become part of the NeoReach team. We believe that the synergistic cooperation of a wholesale wireless network with multiple retail ISPs affords municipalities, their citizens and businesses the widest possible choice of services and competitive prices."

MobilePro Corp.