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EAG American Defense Systems, Common Stock

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Share Name Share Symbol Market Type
American Defense Systems, Common Stock AMEX:EAG AMEX Ordinary Share
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ERF Wireless Receives Reseller Status from Eagle Broadband to Sell SatMAX Units into Regional Banking and Other Markets

17/05/2006 2:05pm

Business Wire


Eagle Broadband (AMEX:EAG)
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ERF Wireless (OTCBB:ERFW), a leading provider of enterprise-class wireless broadband products and services and Eagle Broadband Inc. (AMEX:EAG), a national provider of broadband, Internet protocol (IP) and communications technology and services, today announced that the two companies have entered into a contract whereby ERF Wireless will begin reselling Eagle's SatMAX(TM) advanced Iridium satellite communications system to the ERF Wireless customer base. Under the terms of the agreement, ERF Wireless can offer the product to any of their regional banking or other customers throughout the entire United States market area effective immediately. The SatMAX is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. The SatMAX creates a satellite communications "hotspot" that enables fully wireless coverage for multiple concurrent users in any non-line-of-sight environment. With the SatMAX, users of the Iridium satellite network can now use their existing satellite phones or data terminals to make multiple concurrent calls within SatMAX-enabled "hotspot" areas from anywhere on Earth. Dave Micek, CEO of Eagle Broadband Inc., commented, "Our reseller agreement with ERF Wireless allows Eagle Broadband to enter a niche market area that Eagle has not yet tapped-- namely, the regional banking industry. Regional banking has many of the disaster recovery and associated communications requirements that the SatMAX system was designed to address. ERF Wireless is already experiencing success selling secure communications products into the banking industry. We believe that our association with ERF Wireless will bring the value of SatMAX to a new market segment and can be very rewarding for both companies." R. Greg Smith, CEO of ERF Wireless, noted, "The SatMAX system is an ideal product to add to our Enterprise Network Services subsidiary encrypted wireless wide-area network (WAN) offering to the regional banking industry. All of the banks are extremely focused on secure communications with disaster recovery. Any product that addresses these issues should receive quite a bit of attention. We plan to immediately begin making SatMAX available as a part of our banking industry sales effort. In addition, ERF Wireless is also involved in a number of large municipal and other enterprise-class deployments and we plan to introduce SatMAX into those applications where appropriate." John Burns, CEO of the ERF Wireless Enterprise Network Services subsidiary, commented, "ERF Wireless provides banks with the next generation of communications networks through our BranchNet Enterprise Network solutions. The SatMAX product of Eagle Broadband appears to fit nicely into the disaster recovery part of such a network to provide an uninterrupted source of voice communications between key bank officials when other voice circuits have failed in an emergency. The high-speed telecommunications infrastructure networks for banks being implemented by ERF Wireless provide both redundancy and expansion of computer LAN and WAN technology, while allowing banks to own or lease their own networks versus making expensive, never-ending payments to traditional telecommunications providers. The SatMAX product will add that final level of redundancy that many of the banks are requesting." Burns went on to note that the demand for retail banking products, redundancy, disaster recovery, item imaging, image clearing, fast Internet access and bank security is on the rise. "Our target is the 1,732 community and regional financial institutions in the U.S. that have assets up to $10 billion and an average of 18 branch locations," said Burns. "We believe that SatMAX is an appropriate addition to the disaster recovery plan for many of these financial intuitions." About ERF Wireless ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas. The company is a leader in providing wireless broadband product and service solutions to banks, enterprise customers, commercial and residential clients on a regional and national basis. For more information, please visit our website at www.erfwireless.com or call 281-538-2101. To automatically receive periodic company information that has appeared in the media, please visit our website and join our opt-in Investor Information Program. (EAGWG) About Eagle Broadband, Inc. Eagle Broadband is a technology company that develops and delivers products and services in three core business segments: IPTV, non-line of sight satellite communications, and managed services. Eagle's IPTV products provide direct access to more than 200 channels of high-demand programming from popular entertainment providers, often using Eagle's high-definition set-top boxes. Eagle Broadband's SatMAX(TM) provides indoor/outdoor communications utilizing the global Iridium-based (http://www.iridium.com) satellite communications system and offers both fixed and mobile solutions, including the emergency first responder SatMAX(TM) Alpha's "SatMAX in a suitcase" technology. Eagle's Managed Services Division supports its IPTVComplete(TM) and SatMAX products and implements a range of other Internet-related technologies, including WiFi and VoIP solutions. Forward-looking statements in this release regarding ERF Wireless Inc, its Enterprise Network Services subsidiary, and Eagle Broadband Inc. are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

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