FOR
IMMEDIATE RELEASE
EHC
Communications Completes Acquisition of
ASTI Communications Group
San
Juan, Puerto Rico, January 15, 2002 – EHC Communications, a systems
integrator, provider of 2-way commercial radio communications,
cost-effective e-Marketing,
and IT consulting services for
government tourism companies, hotel chains, and
the industry in general. Has
completed the acquisition of privately held ASTI
Communications Group, an independent owner and
operator of shared wireless communications and broadcast
infrastructure.
ASTI Communication Group engineers, deploys, owns and
operates technologically advanced shared wireless infrastructure,
including networks of towers and rooftops as well as analog and
Digital broadcast transmission systems.
“We
believe that the merge of the two companies strengthens our
position in the rapidly developing direct
digital communications space,” stated Carlos
Rodriguez, president of EHC Communications. "Reaction
to this acquisition from our respective clients, employees and
the media has been very positive, and we continue to
expect the transaction to be accretive before the end of the year. We
look forward to serve and provide our combined client base with
enhanced products and services from our consolidated operations.”
This transaction is being accounted for as a purchase. The
purchase price has not been disclosed.
###