Leslye D Beck - lbeck@am3inc.com

Access Media 3 Recieves Highest Year-Over-Year Growth (Direct Tv Award)

CHICAGO – July 8, 2010 – Access Media 3, Inc. (AM3), the Midwest's largest non-franchised provider of "triple-play" media services (satellite television, high-speed internet and voice) to multi-tenant residential, commercial and multi-use properties, has received DirecTV’s Highest Year-over-Year Growth Award. This award ranks Access Media 3 1^st among all DTV’s MDU partners nationwide for Q2 annual growth from 2009 thru 2010. Additionally, AM3 has been awarded a seat at the upcoming DTV Board of Advisors meeting for the DTV MDU division. 

Access Media 3 continues to distance itself from competitors as being the premier provider of TV, Internet and Voice service in the Midwest.  “AM3’s partnership with DirecTV is a key component to our success because it provides our customers with the advanced technology, pricing and unparalleled programming they want.  These distinctions from our key partner are indicators that our aggressive plan to take market share from the incumbent providers is on track”, according to AM3’s Chief Executive Officer, Scott Rediger.

About Access Media 3
Access Media 3, Inc., headquartered in Oakbrook, Illinois, provides triple-play media services (satellite television thru its key account partnership with DirecTV, high-speed internet and voice) to multi-dwelling resident and commercial customers in the Midwest. Servicing more than 26,000 units and 300 buildings, Access Media 3 is the Midwest's largest non-franchised triple-play media provider. For more information about Access Media 3, Inc., visit www.am3inc.com, or call Scott Rediger at 630.230.0555.

J. Christine Feeley - cfeeley@am3inc.com

Access Media 3 Expands With Acquisition of
Three Media Telecom Service Providers

Access Media 3, the Midwest's largest non-franchised, triple play services provider is leveraging its equity funding to spur strategic growth to better serve the Multi-Dwelling Market.

Oak Brook, IL (PRWEB) April 12, 2010 -- On the heels of an infusion of equity financing, Access Media 3 Inc. (AM3) announced today the acquisition of three firms that provide media and telecom services to multi-dwelling units (MDUs). The acquisitions are part of AM3's (www.am3inc.com) strategic growth plan to expand services for TV, high-speed Internet and voice (triple-play services) for the MDU market, serving primarily residential end users.

AM3 is the Midwest's largest, non-franchised, triple-play services provider. The firm has successfully integrated six media/telecom companies under its operational umbrella, providing clients with flexible networking options and customized customer care. The three acquisitions increase AM3's regional penetration to more than 40 thousand doors passed in more than 300 buildings.

The acquired firms are:

• Avvid Technologies in Minneapolis/St. Paul
• Cipher Ltd.'s (MDU division only) in the Chicago area
• onShore Networks, LLC's MDU business in the Chicago area

"We seek out properties to acquire where we can best leverage our suite of products to address a clearly identified residential need and pent up demand, " said Scott Rediger, chief executive officer of AM3. "AM3 understands how to best serve the MDU market by blending our innovative media and telecom services and our strong relationships with property managers and management companies."

In late 2009, AM3 raised $10 million in equity funding to accelerate growth through acquisition and organic sales.

About Access Media 3
Access Media 3 Inc. (AM3), provides triple-play services (satellite television trhough its key account partnership with DirecTV, high-speed Internet and telephone/voice services) to customers managing multi-dwelling residential, commercial and multi-use properties in the Midwest. Access Media 3 is based in Oak Brook, IL and is the Midwest's largest, non-franchised, triple-play services provider. For more information about AM3, visit www.am3inc.com

For additional contact information:
Christine Feeley
Sr. VP of Sales and Marketing
630-230-0555 x2450

J. Christine Feeley - cfeeley@am3inc.com

Access Media 3 Secures $10 Million to Continue Aggressive Growth Strategy

Oak Brook, Ill. – Jan. 7, 2010 – Access Media 3 (AM3) has secured $10 million of equity financing from Meritage Funds (Meritage) and WP Global Partners (WP Global), two leading private equity firms that have had significant success backing hyper-growth media and telecommunications companies such as AM3.

“The combined success and experience of these two leading firms will provide even more synergy to AM3’s very successful business model and strategic plan to grow through acquisitions,” said Scott Rediger, CEO of AM3. “The infusion of capital will also allow us to accelerate our plans to continue delivering innovative products and services and to meet and exceed our customer’s expectations through our state-of-the-art back office infrastructure.”

Meritage and WP Global also quickly recognized the competitive value in AM3’s unique business model, Rediger said, as well as the business advantage that would be realized by a seasoned management team accustomed to responding and meeting the discriminating needs of both property management companies (who traditionally operate multi-tenant facilities) and their tenants.

Rediger stated that although many companies have been forced to consolidate their businesses, AM3 has been in the unique and enviable position to acquire companies. “These acquisitions have facilitated our efforts to capture the multi-tenant market including residential, commercial and multi-use properties,” he said.

Through organic sales and the integration of three highly strategic acquisitions including inVision Networks, SkyPix, and the satellite assets of Tunnel Vision Technologies, AM 3 has firmly established itself as the Midwest’s largest non-franchised provider of “triple-play” media services (high-speed Internet, satellite TV, and voice), Rediger said. The company currently operates in Chicago, Ill. and Minneapolis and St. Paul, Minn.  Through its commitment to meeting the needs of this niche market, AM3 grown from addressing the media needs of 3,000 customers to well over 23,000 customers in less than 3 years. 

About Access Media 3
Access Media 3 (AM3), Inc., recently relocated headquarters to Oak Brook, Ill., and provides triple-play media services (satellite television through its key account partnership with DirecTV, high-speed Internet and phone) to customers managing multi-tenant residential, commercial and multi-use properties in the Midwest.  AM3 is the Midwest's largest non-franchised triple-play media provider. For more information about AM3, visit www.am3inc.com, or call Scott Rediger at 630.230.0555.

About Meritage Funds
Meritage Funds (Meritage) is a family of venture capital funds based in Denver, Colorado with approximately $600 million in committed capital under management. Meritage invests in network enabled service businesses with recurring revenue models and proven technology. Meritage brings proven value-creation capabilities to its portfolio companies through a combination of operating and investment expertise.

About WP Global Partners
WP Global Partners Inc. is an independent investment firm and SEC-registered investment advisor focusing on private equity strategies. WP Global targets strategies in small to middle market buyouts, mezzanine, venture capital, growth equity, distressed/turn-around and real estate. The firm invests in these areas through partnerships and direct co-investments. WP Global provides both diversified portfolio solutions and targeted strategies through commingled funds of funds and customized separate accounts. With offices in Chicago, New York and Los Angeles, WP Global Partners is currently managing capital for pension plans, social security systems, Taft-Hartley plans, financial institutions, endowments and foundations located throughout North America, Europe and the Middle East.

Leslye Beck - lbeck@am3inc.com

Access Media 3
Receives 3rd Consecutive DirecTV Excel Club Award

 

 

Leslye Beck - lbeck@am3inc.com

Access Media 3 Acquires SkyPix
Acquisition provides AM3 entrance into Minneapolis/St. Paul Market

CHICAGO – June 2, 2008 – Access Media 3, Inc. (AM3), the Midwest's largest non-franchised provider of "triple-play" media services (satellite television, high-speed internet and telephone) to multi-tenant residential, commercial and multi-use properties, is pleased to announce the acquisition of SkyPix, LLC of Bloomington, MN. Jordan, Knauff & Company, an investment bank with offices in Chicago and Kansas City, Missouri, advised on the acquisition of 2,000 subscribers, which marks Access Media 3's entrance into the Minneapolis/St. Paul, Minnesota market.

"This transaction marks the completion of one of our major 2008 goals – entering the Minneapolis/St. Paul market," stated Scott Rediger, Chief Executive Officer for Access Media 3. "We are also excited to step into the shoes and assume the contracts of SkyPix, a company that shares AM3's commitment to providing superior customer service and we believe the transition will be seamless to our customers." Since its re-launch in January 2007, Access Media 3 has seen its Midwest operations grow from 3,000 subscribers to nearly 12,000 in 17 months. "We are ready to make the same type of impact in Minneapolis as we are making in Chicago," said Rediger.

As part of the transaction, Mr. Jim Aufderheide, the founder and sole owner of SkyPix, will remain active with the company to help spearhead additional subscriber growth. "With the added resources of Access Media 3 behind us, we will be able to enhance our services further and bring them to the entire multi-dwelling unit (MDU) community in the Twin Cities," said Aufderheide. "We are very excited about the future."

Access Media 3's rapid growth over the last 17 months has included three acquisitions adding approximately 6,000 total subscribers and an aggressive organic sales plan adding another 3,000 subscribers. Rediger, a veteran of the telecommunication industry is pleased with the progress to-date and confident there is plenty more ahead for Access Media 3. "I believe we have the necessary business plan and management team in place to continue rapid growth over the next 24 to 36 months," says Rediger.

In addition to the purchase of SkyPix, LLC, Access Media 3's acquisition strategy has resulted in two other recently completed transactions; the satellite assets of Tunnel Vision Technologies and inVision Networks. Access Media 3 will continue its targeted acquisition strategy along with its aggressive sales program.

About Access Media 3
Access Media 3, Inc., headquartered in Willowbrook, Illinois, provides triple-play media services (satellite television, high-speed internet and telephone) to multi-dwelling resident and commercial customers in the Midwest. With a current base of 12,000 subscribers, Access Media 3 is the Midwest's largest non-franchised triple-play media provider. For more information about Access Media 3, Inc., visit www.am3inc.com, or call Scott Rediger at 630.230.0555.

About Jordan, Knauff & Company, LLC
Jordan, Knauff & Company provides a comprehensive line of investment banking services to private companies of American business. Jordan, Knauff & Company specializes in providing mergers and acquisitions advisory, capital formation and strategic financial services to companies across the U.S. in a variety of industries. Typical transaction sizes range from $10 million to $300 million in total consideration.

To learn more about Jordan, Knauff & Company, please visit www.jordanknauff.com or contact Cook Jordan at 312-254-5901 or Tom Knauff at 312-254-5902.

Leslye Beck - lbeck@am3inc.com

Access Media 3 Chooses JPMorgan Chase For New Senior Credit Facility

CHICAGO – May 30, 2008 – Access Media 3, Inc. (AM3), one of the Midwest's largest non-franchised, provider of "triple-play" media services (satellite television, high-speed internet and telephone) to multi-tenant residential, commercial and multi-use properties, is pleased to announce it has selected JPMorgan Chase as the provider of its new senior credit facility to help fund its organic sales and acquisition strategy. Jordan, Knauff & Company, an investment bank with offices in Chicago and Kansas City, Missouri, served as the exclusive financial advisor to Access Media 3.

"I am very excited for us to partner with one of the most respected banks in the world," said Scott Rediger, Chief Executive Officer of AM3. "This relationship will provide Access Media 3 the necessary capital to fund its business plan. The credit facility will provide AM3 with the additional operating and financial flexibility we need to continue to deploy our services into new buildings and to undertake selective acquisitions," added Rediger.

Since its re-launch in January 2007, Access Media 3 has seen its Midwest operations grow from 3,000 subscribers to nearly 10,000 in 17 months through a combination of organic growth and the integration of two acquisitions. With the new credit facility, Access Media 3 is expecting to continue its aggressive organic and acquisition growth strategy.

About Access Media 3, Inc.
Access Media 3, Inc, headquartered in Willowbrook, Illinois, provides triple-play media services (satellite television, high-speed internet and telephone) to multi-dwelling resident and commercial customers in the Midwest. With a current base of approximately 10,000 subscribers, Access Media 3 is one of the Midwest's largest non-franchised triple-play providers. For more information about Access Media 3, Inc., visit www.am3inc.com or contact Scott Rediger at 630.230.0555.

About Jordan, Knauff & Company, LLC
Jordan, Knauff & Company provides a comprehensive line of investment banking services to private companies of American business. Jordan, Knauff & Company specializes in providing mergers and acquisitions advisory, capital formation and strategic financial services to companies across the U.S. in a variety of industries. Typical transaction sizes range from $10 million to $300 million in total consideration.

To learn more about Jordan, Knauff & Company, please visit www.jordanknauff.com or contact Cook Jordan at 312-254-5901 or Tom Knauff at 312-254-5902.

Leslye Beck - lbeck@am3inc.com

Access Media 3 Acquires Assets from inVision Networks
"Triple-play" provider continues rapid growth

CHICAGO – May 29, 2008 – Access Media 3, Inc. (AM3), a "triple-play" digital media services provider to multi-tenant residential, commercial and multi-use properties, today announced the acquisition of the operating assets and contracts of inVision Networks of Burr Ridge, Ill. Jordan, Knauff & Company, an investment bank with offices in Chicago and Kansas City, Missouri, advised on the acquisition, which brings about 2,000 subscribers in 14 buildings to Access Media 3's customer portfolio and extends the company's reach to more than 10,000 subscribers in 130 buildings in the Midwest.

"We are excited to welcome the inVision subscribers into the Access Media 3 family," said Access Media 3 CEO Scott Rediger. "This acquisition is yet another step toward our goal of becoming one of the largest independent triple-play providers to multi-unit properties. In 17 months, we've grown from 3,000 to 10,000 units. Acquisitions are an important element of our strategy to reach a larger customer base and to offer additional services to those customers."

The Willowbrook, Ill.-based company's rapid growth is due to strong demand in the multi-unit and commercial marketplace for reliable and high-quality media services at fair prices, which Access Media 3's triple-play competitors are not providing, Rediger said. "Local property managers, condo associations and developers appreciate our flexibility and tell us our service is much better than what they have experienced from large franchised cable operators and national companies in our marketplace," Rediger explained. "Our customers are able to save money while receiving reliable, one-on-one service, rather than being stuck in expensive contracts while experiencing disruptions and poor customer service."

The company's current customers include many of the region's largest and most-respected multi-unit property managers. For these customers and others, Access Media 3 has delivered customized end-to-end solutions designed to meet the unique requirements of each building. This tailored approach allows each property to offer flexible combinations of high-speed Internet, TV and voice services to residents at a reasonable price point.

The purchase of inVision Networks marks the second completed transaction for AM3 in the past nine months. In September 2007, AM3 purchased the satellite assets from Tunnel Vision Technology of Chicago, Ill.

About Access Media 3
Access Media 3, Inc., headquartered in Willowbrook, Illinois, provides triple-play media services (satellite television, high-speed internet and telephone) to multi-dwelling resident and commercial customers in the Midwest. With a current base of 10,000 subscribers, Access Media 3 is one of the Midwest's largest non-franchised media providers. For more information about Access Media 3, Inc., you can visit www.am3inc.com or contact Mr. Scott Rediger at 630.230.0555.

About Jordan, Knauff & Company, LLC
Jordan, Knauff & Company provides a comprehensive line of investment banking services to private companies of American business. Jordan, Knauff & Company specializes in providing mergers and acquisitions advisory, capital formation and strategic financial services to companies across the U.S. in a variety of industries. Typical transaction sizes range from $10 million to $300 million in total consideration.

To learn more about Jordan, Knauff & Company, please visit www.jordanknauff.com or contact Cook Jordan at 312-254-5901 or Tom Knauff at 312-254-5902.

Leslye Beck - lbeck@am3inc.com

Access Media 3 Closes Acquisition of Tunnel Vision Satellite TV Business
Combination Expected to Accelerate Company's Success in "Triple Play" Digital Media Market

 

Willowbrook, IL. – September 28, 2007 – Access Media 3, Inc., a competitive provider of high-speed Internet, satellite TV and voice services to multi-tenant residential, commercial and mixed-use properties announced today that it closed its purchase of substantially all of the satellite television assets of service provider Tunnel Vision Technology, Inc. based in Chicago, Illinois.  The acquisition adds 80 buildings including 5,531 addressable units to the existing Access Media 3 portfolio of customers which has grown to a total of 110 buildings and over 14,000 addressable units throughout the Chicago metropolitan area since the company's inception in January, 2007. Access Media 3 now provides services to more than 7,000 units.

"The addition of the Tunnel Vision properties, services and key personnel enhances Access Media 3's position as a premier competitive triple-play provider in the Chicago area," said Scott Rediger, chief executive officer Access Media 3, Inc.  "This acquisition will accelerate the company's already strong growth for 2007."

Eric Welles, formerly of Tunnel Vision, has joined Access Media 3 as its Vice President of Sales and Marketing. "I am excited about the opportunity to join the Access Media 3 team and look forward to continuing to provide high-quality low-cost services to both Tunnel Vision and Access Media 3 customers," said Welles.

David Welles, a principal of Tunnel Vision, will also join Access Media 3 in a Business Development role. Mr. Welles will also remain an active part of Tunnel Vision's continuing business.

"We are pleased to have Eric Welles, David Welles and other key members of Tunnel Vision contribute their expertise and enthusiasm for outstanding customer service to Access Media 3," said Scott Rediger.

Since starting operations in January 2007, Access Media 3 has delivered customized end-to-end solutions that are designed to meet the unique requirements of each building and its managers, condo associations and developers.  This tailored approach allows each property to offer flexible combinations of high speed Internet, satellite TV and voice services to residents at a reasonable price point. Customers enjoy the high quality, low cost alternative that a competitive triple play provider like Access Media 3 can provide.

About Access Media 3
Access Media 3 provides design, installation, maintenance and management of high-speed Internet, TV and voice services to multi-tenant residential, commercial and mixed-use properties. Headquartered in Willowbrook, Ill., Access Media 3 customizes solutions to meet customer needs, using wireless, cable, phone wiring, Cat5 and fiber optics as appropriate. Access Media 3's experienced team of project managers, installers and IT professionals has successfully designed, installed and implemented network solutions in more than 7,000 apartment and condominium units as well as commercial businesses in the greater Chicagoland market and beyond. For more information about Access Media 3, Inc. visit www.am3inc.com.

 

Ray - ray@valekco.com

Two Chicago-area entrepreneurs enter the burgeoning "triple-play" digital media market
New company – Access Media 3 -- plans to become premiere provider, with more flexibility and customer focus than out-of-town competition

CHICAGO – January 16, 2007 – Two Chicago-area entrepreneurs have formed a new company that will provide "triple-play" digital media services, primarily to multi-tenant residential, commercial and mixed-use buildings in metropolitan Chicago and beyond.

CEO Scott Rediger announced today that the new company – Access Media 3 – provides high-speed Internet, TV and voice services with more flexibility and customer focus than pre-packaged solutions offered by competitors, most of which have headquarters outside of Chicago.  The new venture merges Alsip-Ill.-based MDI Access into Access Media 3 and adds Rediger's considerable experience in developing profitable new companies. Access Media 3 is headquartered in Willowbrook, Ill.

"Access Media 3 provides a better alternative to the status quo," Rediger says. "Local property managers tell us cable upgrades in the Chicago marketplace can be costly and disruptive, with customer service providing slow response times and insufficient technical knowledge. Worse yet, there's little choice of providers and they're stuck in contracts when service fails."

Most recently the chief operating officer of Oakbrook Terrace, Ill.-based CIMCO Communications, Inc., Rediger co-founded and developed Ovation Communications before the company was sold in 1999 for $402 million to McLeodUSA. After the sale, he was a senior vice president for McLeodUSA, developing the company's still-strong presence in the Midwest.

Bob Heiderscheidt, president of the former MDI Access, continues his active involvement as partner, officer and principal of Access Media 3. He also continues to operate Midland Data-Electric Installation Co. (MDI), which builds digital media infrastructure for Access Media 3 customers. MDI Access implemented Chicago's largest residential high-rise wi-fi system at Draper and Kramer's 1130 S. Michigan building last August, linking 656 apartment units in the 43-story building. MDI Access also developed connectivity solutions for several other major Chicago-area real estate companies, which continue to be served by Access Media 3.

Rediger says the new company designs and implements tailor-made end-to-end solutions that help building managers, condo associations and developers deliver digital services residents have come to expect. In doing so, Access Media 3 meets each property's needs and requirements. For example, a building may want only high-speed Internet or satellite TV rather than triple-play; one building may prefer a wired solution due to existing infrastructure while another building may want wireless. Access Media 3 also can help buildings turn digital media offerings into revenue streams or offer them as amenities.

This flexibility is made possible by having strong alliances with companies such as McLeodUSA, which Access Media 3 can involve in projects to meet customers' needs.
The convergence of high-speed data transfer, video and voice represents a significant market with outstanding revenue growth potential. Cable, telecommunications, consumer electronics and IT companies are all moving toward delivering these digital services in an integrated fashion known as triple play.

Triple play business models will continue to emerge in 2007, according to Research and Markets, a global market research company. A range of new devices that will connect the Internet to the TV will be launched within the next few years and will require high-speed Internet access. By 2009, there will be more than 135 million VoIP (voice over IP) subscribers worldwide.

About Access Media 3
Access Media 3 provides design, installation, maintenance and management of high-speed Internet, TV and voice services to multi-tenant residential, commercial and mixed-use properties. Headquartered in Willowbrook, Ill., Access Media 3 customizes solutions to meet customer needs, using wireless, cable, phone wiring, Cat5 and fiber optics as appropriate. Access Media 3's experienced team of project managers, installers and IT professionals has successfully designed, installed and implemented network solutions in more than 6,000 apartment units, commercial businesses and condominiums in the greater Chicagoland market and beyond. www.am3inc.com

Leslye Beck - lbeck@am3inc.com

MDI Access becomes Access Media 3
Company plans to become premiere provider of "triple-play" services, with more flexibility and service than competition

Two digital media entrepreneurs have formed a new company that will provide "triple-play" digital media services, primarily to multi-tenant residential, commercial and mixed-use buildings in metropolitan Chicago and beyond.

CEO Scott Rediger says the new company – Access Media 3 – provides high-speed Internet, TV and voice services with more flexibility and service than pre-packaged solutions offered by competitors. The new venture merges Alsip, Ill.-based MDI Access into Access Media 3 and adds Rediger's considerable experience in developing profitable new companies. Bob Heiderscheidt, president of the former MDI Access, remains as an equal partner, officer and principal of Access Media 3, which is headquartered in Willowbrook, Ill.

"Access Media 3 provides a better alternative to the status quo," Rediger says. "Local property managers tell us cable upgrades can be costly and disruptive, with customer service providing slow response times and insufficient technical knowledge. Worse yet, there's little choice of providers and they're stuck in contracts when service fails."

Most recently the chief operating officer of Oak Brook Terrace, Ill.-based CIMCO Communications, Inc., Rediger co-founded and developed Ovation Communications before the company was sold in 1999 for $402 million to McLeodUSA. After the sale, he was a senior vice president for McLeodUSA, developing the company's still-strong presence in the Midwest.

Heiderscheidt continues to operate Midland Data-Electric Installation Co. (MDI), which builds digital media infrastructure for Access Media 3 customers. MDI Access implemented Chicago's largest residential high-rise wi-fi system at Draper and Kramer's 1130 S. Michigan building last August, linking 656 apartment units in the 43-story building. MDI Access also developed connectivity solutions for several other major Chicago-area real estate companies, which continue to be served by Access Media 3.

Rediger says the new company designs and implements tailor-made end-to-end solutions that help building managers, associations and owners deliver digital services residents have come to expect. In doing so, Access Media 3 meets each property's needs and requirements. For example, a building may want only high-speed Internet or satellite TV rather than triple-play; one building may prefer a wired solution due to existing infrastructure while another building may want wireless. Access Media 3 also can help buildings turn digital media offerings into revenue streams or offer them as amenities.

The convergence of high-speed data transfer, video and voice represents a significant market with outstanding revenue growth potential. Cable, telecommunications, consumer electronics and IT companies are all moving toward delivering these digital services in an integrated fashion known as triple play.

Triple play business models will continue to emerge in 2007, according to Research and Markets, a global market research company. A range of new devices that will connect the Internet to the TV will be launched within the next few years and will require high-speed Internet access. By 2009, there will be more than 135 million VoIP (voice over IP) subscribers worldwide.

About Access Media 3
Access Media 3 provides design, installation, maintenance and management of high-speed Internet access TV, and voice services to multi-tenant residential, commercial and mixed-use properties. Headquartered in Willowbrook, Ill., Access Media 3 customizes solutions to meet customer needs, using wireless, cable, phone wiring, Cat5 and fiber optics as appropriate. Customers include Atlantic Realty, BJB Partners, Crescent Heights, Draper and Kramer, Duke Realty, Equity Residential, Fifield Companies, Habitat, Lincoln Properties, Realty & Mortgage, and Weisman Hughes Development. Access Media 3's experienced team of project managers, installers and IT professionals has successfully designed, installed and implemented network solutions in more than 6,000 apartment units, commercial businesses and condominiums in the greater Chicagoland market and beyond. www.am3inc.com