Eagle Broadband to Trade on the Over the Counter Market under ''EAGB''

  
    
  
  
    
      Eagle Broadband, Inc. (AMEX: EAG), a leading national provider of 
      broadband, Internet protocol (IP) and communications technology and 
      services, today announced that effective with the open of business on 
      Monday, April 9, 2007, the company's stock will trade on the 
      over-the-counter market under the symbol "EAGB".
    
    
      The company anticipates that its stock will be quoted on the 
      Over-the-Counter Bulletin Board, provided that a market maker in the 
      common stock files the appropriate application with, and such 
      application is cleared by, the NASD. Quotations should continue to be 
      available on financial websites such as Yahoo! Finance and Google 
      Finance.
    
    
      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.
    
    
      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.