EGIL Edgetech International Inc (CE)

Edgetech International, Inc. (the "Company", "we", "us", or "our") (OTC:EGIL) a featured sponsor, presenter, and host of an MTV Style Villa at the Video Music Awards (VMA's), announced today that "The Edge" wireless device was creating a buzz among several hundred excited A-list celebrities. The Edge, EGIL's unique next-generation wireless technology device launched in conjunction with the VMA's, is a sleek, handheld, stand alone wireless unit with its built-in modem functioning at DSL-type speed. The Edge clearly achieved the pinnacle of celebrity credibility judging by the overwhelming response from actors, movie stars, musicians, producers, directors, and special entertainment industry guests who eagerly participated in the informative demonstrations. Praise and compliments were plentiful as crowds of A-list stars lined up to use The Edge to check e-mail, obtain stock quotes, perform a variety of internet searches, and race through the Web at lightning speed while surfing favorite sites. Company officials were very pleased with the massive media attention that occurred during this presentation, providing unlimited photo-ops illustrating that The Edge was the hit of the party. The Edge is loaded with special features like a back-lit keyboard, USB port, memory stick and built-in GPS locator device. Future options include an MP3 player, a video memory stick for downloading streaming video, and a global SIM card enabling usage of The Edge virtually worldwide With the positive connections being made in the MTV Style Villa, the timing was absolutely perfect that our Company name, "The Edge" product name, our stock ticker symbol (EGIL), and our corporate logo were all visibly abundant on display signs and banners. The excellent location of our Villa, adjacent to Chrysler and Jacob and Co. ('Jacob the Jeweler'), insured that crowds continuously overflowed for the duration of the event. EGIL management is aggressively lining up joint venture partnerships with high profile celebrities and athletes to co-brand The Edge mobile wireless unit. Based on the hottest entertainers attending our function, the Company is fully utilizing this event to expand its alliances, and expects to announce additional agreements shortly of similar caliber to what has been made public earlier this week. "As we proudly displayed The Edge to the ideal target group for our launch of this revolutionary, handheld wireless device, there was no doubt that we had made a tremendous impression," commented Edgetech CEO, Lev Parnas. "Our accomplishments speak volumes, especially when measured by the fact that these achievements are taking place all in the Company's first year, and having only been publicly traded for three months. To think back where we were just a few months ago, and now today surrounded by hundreds of the most famous people in the world who are excited about our product is astounding. My firm belief is that many positive developments lie ahead for Edgetech, but our experience today will always remain as one of the most memorable in our Company's history." About the Company: We are an authorized distributor of the PocketSurfer. The PocketSurfer is a robust, handheld wireless internet access device which delivers the internet in approximately 5 to 7 seconds per page and displays full content HTML, web pages, graphics and java script. The PocketSurfer 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 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. 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.