Eagle Broadband Signs Co-Location Agreement with Terremark Worldwide, Inc.; Eagle to Deliver IPTV Content Throughout the U.S. f

Terremark Worldwide, Inc., (AMEX:TWW) a leading operator
of integrated Tier-1 Internet exchanges and a global provider of
managed IT infrastructure solutions for government and private
sectors, today announced that Eagle Broadband Inc. (AMEX:EAG), a
national provider of broadband, Internet protocol (IP) and
communications technology, has signed a multi-year renewable
co-location agreement to deliver IPTV content throughout the United
States from Terremark's NAP of the Americas facility.
   Eagle selected Terremark's NAP of the Americas because of its
secure, reliable, and fail-safe connection to customers throughout the
United States. The NAP of the Americas will serve as the central
distribution hub for Eagle's IPTV solution. Eagle's IPTV services
include direct access to more than 200 channels of high-demand
programming from entertainment providers, using a mix of
standard-definition and high definition set-top boxes.
   "This is a significant step for us in the delivery of our IPTV
solution and our growth strategy for this service," said Dave Micek,
CEO of Eagle Broadband. "Terremark's robust and secure NAP of the
Americas facility is the right place for us to be as we continue to
grow our business in the IPTV content delivery service market."
   Customer expectations for content and interactivity continue to
grow and rolling out IPTV to the mass market is gaining momentum as
more and more telcos, cable operators and satellite providers take
advantage of this IP revolution of new services and new business
models.
   "As this industry trend continues to get traction, we are
delighted to welcome Eagle Broadband as one of the first IPTV
distributors to our facility," said Manuel D. Medina, Chairman and CEO
of Terremark Worldwide, Inc. "Eagle Broadband will be able to connect
their customers to their TV content providers by leveraging TWW's
secure, redundant and scalable environment. We expect others will take
notice and choose Terremark's solution for their critical
infrastructure making the NAP of the Americas the virtual marketplace
for IPTV content delivery service within the U.S. and abroad."
   For more information on Eagle Broadband, visit
http://www.eaglebroadband.com.

   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(TM) provides direct
        access to more than 200 channels of high-demand programming
        from popular entertainment providers, often using Eagle's
        high-definition, set-top boxes.

   --  SatMAX(R) -- Eagle Broadband's SatMAX provides indoor/outdoor
        communications utilizing the global Iridium-based
        (http://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.

   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, 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.

   About Terremark Worldwide, Inc.

   Terremark Worldwide, Inc. (AMEX:TWW) is a leading operator of
integrated Tier-1 Internet exchanges and a global provider of managed
IT infrastructure solutions for government and private sectors.
Terremark delivers its portfolio of services from seven locations in
the U.S., Europe and Latin America and from four service aggregation
and distribution locations, which aggregate network traffic and
distribute network-based services in Europe and Asia to meet specific
customer needs. Terremark's flagship facility, the NAP of the
Americas, is the model for the carrier-neutral Internet exchanges the
company has in Santa Clara, California (NAP of the Americas/West), in
Sao Paulo, Brazil (NAP do Brasil) and in Madrid, Spain (NAP de las
Americas - Madrid). The carrier-neutral NAP of the Americas is a
state-of-the-art facility that provides exchange point, colocation and
managed services. Terremark is headquartered at 2601 S. Bayshore
Drive, 9th Floor, Miami, Florida USA, 305-856-3200. More information
about Terremark Worldwide can be found at http://www.terremark.com.

   Statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Terremark's actual results
may differ materially from those set forth in the forward-looking
statements due to a number of risks, uncertainties and other factors,
as discussed in Terremark's filings with the SEC. These factors
include, without limitation, Terremark's ability to obtain funding for
its business plans, uncertainty in the demand for Terremark's services
or products and Terremark's ability to manage its growth. Terremark
does not assume any obligation to update these forward-looking
statements.