EGIL Tackles the Question: Is 'The Edge' High Speed Internet Device Also a Phone? YES...A phone on steroids!

POMPANO BEACH, Fla. -- EGIL's previously announced partnership with SpeechPhone has enabled The Edge by Edgetech (OTC: EGIL), the world's first ultra-mobile handheld computer with a built-in modem and full-screen display operating at DSL type-speed, to transform into a powerful communications device. By utilizing SpeechPhone's award winning communications assistant Mandi[TM] (My Automated Natural Dialog Interface), users of The Edge receive a single, local phone number which allows calls to connect through the Internet, linking the value of IP calling with high speed broadband.

Edge subscribers can leave or retrieve voicemail messages, dial by voice, obtain phone numbers from an address book at any time, and even listen to e-mail messages in an existing e-mail account. E-mail management options let users choose to save, delete, copy or reply - all by voice command. The Edge and SpeechPhone over IP (SoIP) offer the highest level of speed and convenience with "smart dial tone" and instant access to Mandi's features, allowing for greater productivity from anywhere in the world with tremendous cost savings.

SpeechPhone offers flat rate service and private branded solutions to resellers and service providers and ensures continuing leadership in the development and deployment of speech-driven personal assistants through their strategic partnerships with Level 3 Communications (NASDAQ: LVLT), NeoSpeech, PowerNet Global Communications, Lucent (NYSE: LU), Bell Labs, and VLM International.

"Combining the amazing features of SpeechPhone and the revolutionary technology of EGIL will assist our mutual customers who depend on efficient communications for both professional and personal needs," commented Edgetech CEO, Lev Parnas. "Managing high speed communication through simple voice commands from anywhere in the world enables Edgetech to take dramatic steps in redefining wireless Internet as we prepare for our major product launch next week."

About SpeechPhone

SpeechPhone LLC (www.SpeechPhone.com and www.SpeechPhone.net) is a privately held company, founded in April 2002 with the fundamental mission to add speech to every phone. The company develops and markets speech recognition based virtual assistants that unify communications and messaging through a single personal phone number. SpeechPhone virtual assistants empower the mobile workforce through more efficient communication and easy access to information. Uniquely packaged services are available for individual subscribers, businesses and telecom carriers. What's more, SpeechPhone offers the most compelling value and cost effective solutions in the communications industry. The average user today has 3 phone numbers to give out, 3 voice mail boxes to check, multiple e-mail accounts and the choice of other communication tools like pagers, mobile phones and even text messaging. The technological choices are great but the use of multiple devices and multiple service providers has created the demand for simplicity. That's what a SpeechPhone assistant brings. SpeechPhone assigns a single personal phone number that links all your existing phone numbers and messaging solutions into one simple to use interface, driven by the users voice. Add speech to your phone[TM] and the rest is available simply for the asking. SpeechPhone service runs on dedicated Lucent Speech Servers including robust Automatic Speech Recognition and Text to Speech technology developed by Bell Laboratories. Lucent Speech Servers are NEBS compliant, fully redundant carrier grade platforms which have already been proven by processing over 1 million consecutive calls at a rate of approximately 7 calls per second. Built to meet carriers stringent requirements for reliability, open standards, scalability and interoperability, the SpeechPhone platform is a complete solution for outsourced enhanced speech services.

About the Company:

We are an authorized distributor of The Edge. The Edge is a robust, handheld wireless internet access device which delivers the internet at DSL like speed, displaying full content HTML, web pages, graphics and java script. The Edge offers a full desktop web experience, together with a larger functional keyboard than competitive products. Our distribution rights to such product are subject to a long-term marketing, sales and distribution agreement between a Company subsidiary and the licensor of such product, pursuant to which we have been granted such rights in several exclusive vertical markets, virtually worldwide, including: (i) fantasy sports and sports book; (ii) online poker; (iii) music, movies and television; and (iv) financial services markets. Ongoing exclusivity for such markets is, generally, subject to the payment to the licensor of certain fees, including delineated monthly service fees per subscriber, and, meeting delineated minimal annual subscriber thresholds.

The Company's executive office facility is located at 950 North Federal Highway, Suite 302, Pompano Beach, Florida 33062. Its telephone number is 866-439-EDGE (3343) and its website address is www.edgetechpc.com. The Company also maintains a West Coast operations office facility at 9701 Wilshire Boulevard, 10th floor, Beverly Hills, California 90212. Its telephone number is 310-860-6150.

Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of and which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability, no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain vertical markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.