HotAir was conceived by Steve Gould and John Hogan in July of 2002, with operations commencing in January of 2003. Based in Melbourne Beach, Florida, the company delivers highly-specialized Wi-Fi (wireless fidelity) technology solutions to several target markets, specifically the hotel/resort industry, the restaurant/hotspot industry, and the business center/office park industry. HotAir has successfully met its near-term goals, including the completion of technology evaluations, proving and fine-tuning its business model, securing relationships with primary technology vendors, developing relationships with a national installation firm, and acquiring a base portfolio of customers in all three major target markets.

HotAir has secured over 40 customers, representing ion excess of 4,000 rooms, conference areas, restaurants, and hotspots across the southeast market. Established corporate relationships include the following key hospitality players, for which HotAir is brand-certified system provider:

• InterContinental Hotels Group (Holiday Inn)
• Starwood (Sheraton)
• Hilton Hospitality, Inc. (Hampton Inn)
• Best Western International (Best Western)
• Choice Hotels International (Comfort Inn, Quality)
• Kitchin Hospitality, LLC (Jameson Inn, Signature Inn)

HotAir also provides service for several Hawthorn Suites and Radisson properties. Current customers include 30 hotels with coverage to a mixture of guest rooms, hotel meeting rooms and convention facilities. Beyond the hospitality industry, HotAir has a secondary market focused on restaurant/hotspots; the company's current customer base includes Durango Steakhouse, with whom HotAir expects to sign an agreement to extend coverage franchise-wide.

Providing high-speed wireless coverage using Wi-Fi is a very competitive market. Through research of existing companies and its own sales efforts, HotAir has successfully developed a business model that enables HotAir and its customers to derive revenue. The company is now poised to enter an aggressive growth stage through accelerated sales and marketing programs. The company expects to accelerate revenue growth throughout 2005.