Eagle Broadband Receives 7th Order from a Major Hospitality Customer.Advanced IPVideo Set-Top Boxes sales volumes are accelerating LEAGUE CITY, Texas -- Eagle Broadband, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : EAGB EAGB Euro-Asia Gameboy ), a leading national provider of IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. products and services, announced today that its leading hospitality customer has made its 7th order in the last ten months within the framework of the $6.4 Million contract signed earlier this year. In addition to the previously announced orders for 425 units, another 950 units of Eagle's MediaPro IP3000HD set-top boxes have been ordered for delivery to the hospitality market in the next few months. This most recent sale will mark 2400 units of Eagle's IPVideo set-top boxes sold to this major hospitality customer. Of the orders to date, an astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, 1375 of the orders were placed just within the past month. Another 500 were ordered in June, which suggests an accelerating sales trend. 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 (National TV Standards Committee) The committee that developed the television standards for the U.S, which are also used in Canada, Japan, South Korea and several Central and South American countries. Both the committee and the standard are called "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, including Java Script capabilities, the MediaPro IP3000HD platform delivers the advanced content system security and digital rights management (DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M ) 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. "The continual reordering re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. of Eagle's set-top boxes from this key hospitality contract demonstrates how favorably Eagle's state-of-the-art technology has been received within the hospitality industry," said Brian Morrow, COO and GM of IPTV Solutions for Eagle Broadband. "Over the past ten months Eagle has continued to make strides with its set-top boxes and its IPTV solutions resulting in these steadily increasing sales volumes." About Eagle Broadband, Inc. Eagle Broadband is a national provider of IP products and services through its two divisions: -- IPTV - IPTVComplete(TM) provides 250+ channels of popular entertainment programming, using Eagle's high-definition set-top boxes which also sell strongly into hospitality markets. -- IT Services - is a full-service integrator offering a complete range of network technology products including commercial two-way VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. satellite dish installation A typical home satellite dish installation for receiving geostationary satellite transmissions consists of a satellite dish, a LNB and a receiver/decoder. View direction services, VoIP, remote network management, network implementation services and IT project management services. For more information on Eagle Broadband, visit www.eaglebroadband.com EAGB-G 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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