KeyOn files applications for $150 million of federal broadband stimulus funds under the American Recovery and Reinvestment Act of 2009

OMAHA, Neb., Aug 19, 2009 (BUSINESS WIRE) -- KeyOn Communications Holdings, Inc. (OTCBB:KEYO), one of the largest providers of wireless broadband, satellite video and voice over Internet protocol (VoIP) services in the United States, announced today it has submitted multiple applications for federal funding through the Broadband Initiatives Program (BIP), as part of the American Recovery and Reinvestment Act of 2009 (ARRA).

Of the $7.2 billion allocated for broadband infrastructure in the ARRA, $2.5 billion is administered by the Rural Utilities Service for specific deployment of broadband networks
and related infrastructure in rural, unserved and underserved communities across the U.S. If successful under this program, KeyOn's existing wireless networks, which currently cover approximately 2.5 million people, would be expanded to cover as many as 16 states, and provide wireless broadband access to as many as 6.5 million people...