Eagle Broadband Signs Contract Valued at up to $6.4 Million for Deliveries of Its Advanced IP Video Set-Top Boxes

  
    
  
  
    
      Eagle Broadband, Inc. (AMEX: EAG), a leading national provider of 
      broadband, Internet protocol (IP) and communications technology and 
      services, today announced that it has signed a contract with a leading 
      hospitality solutions provider under which a series of purchase orders 
      are scheduled to be placed for its MediaPro IP3000HD, the newest 
      offering in Eagle Broadband’s line of IPTV 
      set-top boxes. Provided this customer purchases all of the units listed 
      in the forecast schedule included with the contract, these orders will 
      result in $6.4 million in revenue over a thirteen-month period. This 
      same customer purchased 500 IP3000HD units earlier this year.
    
    
      The MediaPro IP3000HD is a high-definition set-top box with a compact 
      footprint and quiet, fan-less design that delivers exceptional streaming 
      video quality for both NTSC and PAL broadcast standards. It uses an 
      advanced system-on-chip architecture including an integrated graphics 
      accelerator and dedicated multimedia engines executing in parallel to 
      deliver the highest performance 2D, 3D graphics and video capabilities 
      with motion compensation for video playback. Capable of supporting a 
      variety of leading middleware and video-on-demand systems, the MediaPro 
      IP3000HD platform delivers the advanced content system security and 
      digital rights management (DRM) needed by a wide variety of industries 
      and markets. While the MediaPro IP3000HD supports both high definition 
      MPEG-4 AVC (H.264) and MPEG-2 video standards, a similar lower cost 
      model is also available today in a standard-definition-only format as 
      the MediaPro IP3000SD.
    
    
      “We shipped 500 units to this customer in 
      February and we anticipate deliveries of larger volumes going forward. 
      We are delighted with the close and continuing relationship we have 
      established with this new set-top box customer, as they are a leader in 
      bringing video innovations to the hospitality industry,” 
      said David Micek, president and CEO of Eagle Broadband. "We are also 
      pleased to see such strong market acceptance for our IP3000HD, which we 
      developed to meet the needs and growing demand from hospitality 
      operators for a quality IPTV set-top box with specific features at a 
      very cost-effective price point.”
    
    
      About Eagle Broadband, Inc.
    
    
      For additional information regarding Eagle Broadband or MediaPro IP 
      set-top visit www.eaglebroadband.com.
    
    
      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 250 channels of high-demand programming from popular 
      entertainment providers, often using Eagle's high-definition, set-top 
      boxes.
    
    
      -- SatMAX(TM): Eagle Broadband's SatMAX(TM) 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(TM) Alpha 
      "SatMAX in a suitcase" technology
    
    
      -- Managed Services: Eagle Broadband's Managed Services division is a 
      full-service integrator offering a complete range of network technology 
      support services designed to meet the needs of small- and medium-sized 
      business customers, including VoIP and Wi-Fi implementations.
    
    
      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, 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.