eWan to Change Corporate Name to 'Advanced Technetix' to Conform with Business Model Shift.
CEO, George Stevens, who is moving quickly to create a new strategy to exploit the Company's patented technology, commented, "We have a number of new proprietary and completely innovative products as well as our AccessKey(TM) and Set-top Box series set to be introduced between now and the end of the year. Our shifted strategy will focus on private-labeling our pc set-top box, our home set-top box, and in development, our mobile set-top box to global providers of IPTV service. In addition, we will be offering major retail chains a 'first look' at our new line of unique consumer products, which I anticipate unveiling shortly." He continued, "Going forward, the Company will refocus its efforts, almost exclusively, on its core competencies, namely the research and development of new and highly advanced communications technologies.
About eWan1, Inc.
eWAN is a developer of technology and equipment that enables the delivery of High-Definition (HD) quality video and television content to consumers over internet protocol (a revolution known as "IPtv" or television broadcasting over the Internet) and believes it is the first company with the ability to deliver Internet TV with the clarity of high definition to ordinary TV sets. The company's suite of advanced technology products, including its patented and proprietary "AccessKey[TM]-powered flash drive-sized set-top box product, a portable version of the Company's wireless "Triple Play" Digital Media Center is unique in that it turns any computer into a television, enabling users to receive their favorite TV programming anywhere on earth by plugging the USB device and product into their laptop or home computer. Both the AccessKey[TM]-powered flash drive-sized set-top box product and the Triple Play set-top box[TM] enable traditional Internet access, telephone service (VoIP) and data and video capability. Additionally, the company's "IPtv cache" technology enables music channels that can play music and the corresponding video if it is available, as well as provide "time shifted" services such as the ability to record one program while watching another, similar to the offering of TiVo (NASDAQ:TIVO).
Forward-Looking Statements: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of eWan1, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
|Printer friendly Cite/link Email Feedback|
|Date:||Sep 25, 2006|
|Previous Article:||Motive Digital Home Device Management to Take Centre Stage at Broadband World Forum Europe.|
|Next Article:||Snap N' Sold Announces New Corporate Name, Trading Symbol and CUSIP Number.|