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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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Eagle Broadband Contracts with FrontGate Broadband to Deliver IPTV Video Services in Florida

27/02/2007 12:00pm

Business Wire


Eagle Broadband (AMEX:EAG)
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Eagle Broadband, Inc.(AMEX: EAG), a national provider of broadband, Internet Protocol (IP) and digital communications technology and services, today announced it has entered into a multi-year agreement with FrontGate Broadband, a multi-service broadband provider, to deliver IPTV services to condominium and master planned properties in Florida. Since December, Eagle has been delivering IPTV signals on a test basis to FrontGate MediaCom, a division of FrontGate Broadband, which plans to deliver a wide range of popular standard and high-definition programming to properties under contract to FrontGate. This programming supports FrontGate’s package of advanced voice-over-IP, high-speed data, security, environmental monitoring, white-glove amenities, wellness technology solutions and interactive entertainment services. Based in Orlando, Florida, FrontGate Broadband will build and deliver fully integrated IP services over private, fiber-to-the-user (FTTU) networks to thousands of homes and end users. “Eagle’s IPTV content-delivery capabilities are unmatched in the industry,” said David Suarez, president of FrontGate MediaCom (and former CEO of All Access Technologies). “With the ability to deliver over 250 channels of in-demand, high-definition programming, we can truly provide complete luxury service bundles to our high-end clients. Furthermore, since FrontGate Broadband already has numerous properties that are expected to be under contract in the near future, we expect to have active subscribers shortly.” “David Suarez explored alternative IPTV content-delivery options, but selected Eagle to support FrontGate’s needs,” said Dave Micek, president and CEO of Eagle Broadband. “So, quite naturally, we recognize that selection as a resounding endorsement of the unique IPTV value proposition provided by Eagle’s IPTV Complete™ solution.” About Eagle Broadband, Inc. Eagle Broadband is a technology company that develops and delivers products and services in three core business segments: IPTV -- Eagle Broadband’s IPTVComplete™ provides direct access to more than 250 channels of high-demand programming from popular entertainment providers, often using Eagle’s high-definition, set-top boxes. SatMAX® -- Eagle Broadband’s SatMAX provides indoor/outdoor communications utilizing the global Iridium-based (www.iridium.com) satellite communications system. It offers both fixed and mobile solutions, including the emergency first responder SatMAX Alpha “SatMAX-in-a-suitcase” technology. IT Services - Eagle Broadband's IT Services Group is a full-service integrator offering a complete range of network technology products including VoIP, remote network management, network implementation services and IT project management services. For more information on Eagle Broadband, visit www.eaglebroadband.com About FrontGate Broadband, LLC FrontGate Broadband, LLC partners with land developers and builders to provide advanced fiber optic broadband communication solutions to quality master-planned communities across Florida. Each of FrontGate’s new residential developments is designed as a FrontGate Connected Community™, wherein FrontGate’s integrated solutions deliver a diverse set of services to each homeowner: video, voice, Internet and security monitoring. FrontGate's focus is in the master-planned community and multi-tenant/multi-dwelling markets. The company concentrates its efforts on high-impact growth opportunities in the fastest growing areas of the state of Florida. FrontGate’s fiber-optic solutions – properly planned, packaged, and implemented, is a key tool that assists homebuilders in differentiating their communities from the rest of the pack and allows them to sell homes faster and at a higher value. For more information on FrontGate Broadband, visit www.frontgatebroadband.com EAGG Forward-looking statements in this release regarding 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, the company’s ability to continue as a going concern, the company’s liquidity constraints and ability to obtain financing and working capital on favorable terms, the 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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