EGIL Edgetech International Inc (CE)

Edgetech International, Inc. (OTC:EGIL) would like to formally announce the addition of Keith R. Jones as the Company�s Vice President and Executive Associate to the CEO. Mr. Jones can be credited with many impressive accomplishments since joining EGIL roughly five months ago that will have a significant impact on the success and future direction of all aspects of business operations. Mr. Jones has utilized his industry expertise, top-level contacts, and boundless energy to become the driving force behind the successful signings of high-profile celebrities and All-Star athletes for EGIL�s special edition, customized, wireless Edge unit. Mr. Jones has achieved great success within the broad framework of the telecommunications industry prior to his arrival at Edgetech. His sales management experience with MCI WorldCom consistently generated record setting numbers where production revenues climbed 8-fold as a Senior Global Account Manager. MCI is where Mr. Jones established a pattern of smashing barriers and breaking sales records as an eight-time recipient of MCI�s Circle of Excellence Award and their Number One Sales Director. Mr. Jones continued his aggressive over-achievement in sales growth and account management when he was recruited by FPL FiberNet in 2001. His leadership, drive, and focus achieved results that exceeded expectations during his three-year guidance of this FPL Group subsidiary that acquired an existing 1,600-mile, inter-city fiber network from Florida Power & Light. FPL FiberNet is the leading carrier in the state of Florida, providing metro access solutions to Florida's IXC�s, International Cable Operators, ISP�s, ASP�s, CLEC�s, ILEC�s, Wireless Operators, and FTTx Providers. As wireless Sales Director, Mr. Jones negotiated over $40 Million in contract revenue for KMC Telecom from 2004-2005. KMC Telecom Holdings, Inc. is a facilities based, privately held competitive local exchange carrier (CLEC) operating in 23 Tier III markets, predominantly in the Southeast and Midwest US. The company offers a broad range of retail services including local dial tone, private line, long distance, data and Internet access to over 1,700 customers in 23 cities. Over its advanced fiber network, KMC serves communications intensive entities including businesses, government agencies, institutions, and Internet service providers and provides wholesale services to other telecommunications providers. �This is a great opportunity to leverage my 20 plus years of experience of building businesses with the groundbreaking products and technology of Edgetech International,� stated Keith R. Jones. �I look forward to building a brand for The Edge in the marketplace.� Lev Parnas, Edgetech International CEO stated, �My plan was to bring Keith in as Vice President of Sales but after realizing they share the same vision for Edgetech International I wanted Keith involved in every aspect of building this business.� 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. Edgetech International, Inc. (OTC:EGIL) would like to formally announce the addition of Keith R. Jones as the Company's Vice President and Executive Associate to the CEO. Mr. Jones can be credited with many impressive accomplishments since joining EGIL roughly five months ago that will have a significant impact on the success and future direction of all aspects of business operations. Mr. Jones has utilized his industry expertise, top-level contacts, and boundless energy to become the driving force behind the successful signings of high-profile celebrities and All-Star athletes for EGIL's special edition, customized, wireless Edge unit. Mr. Jones has achieved great success within the broad framework of the telecommunications industry prior to his arrival at Edgetech. His sales management experience with MCI WorldCom consistently generated record setting numbers where production revenues climbed 8-fold as a Senior Global Account Manager. MCI is where Mr. Jones established a pattern of smashing barriers and breaking sales records as an eight-time recipient of MCI's Circle of Excellence Award and their Number One Sales Director. Mr. Jones continued his aggressive over-achievement in sales growth and account management when he was recruited by FPL FiberNet in 2001. His leadership, drive, and focus achieved results that exceeded expectations during his three-year guidance of this FPL Group subsidiary that acquired an existing 1,600-mile, inter-city fiber network from Florida Power & Light. FPL FiberNet is the leading carrier in the state of Florida, providing metro access solutions to Florida's IXC's, International Cable Operators, ISP's, ASP's, CLEC's, ILEC's, Wireless Operators, and FTTx Providers. As wireless Sales Director, Mr. Jones negotiated over $40 Million in contract revenue for KMC Telecom from 2004-2005. KMC Telecom Holdings, Inc. is a facilities based, privately held competitive local exchange carrier (CLEC) operating in 23 Tier III markets, predominantly in the Southeast and Midwest US. The company offers a broad range of retail services including local dial tone, private line, long distance, data and Internet access to over 1,700 customers in 23 cities. Over its advanced fiber network, KMC serves communications intensive entities including businesses, government agencies, institutions, and Internet service providers and provides wholesale services to other telecommunications providers. "This is a great opportunity to leverage my 20 plus years of experience of building businesses with the groundbreaking products and technology of Edgetech International," stated Keith R. Jones. "I look forward to building a brand for The Edge in the marketplace." Lev Parnas, Edgetech International CEO stated, "My plan was to bring Keith in as Vice President of Sales but after realizing they share the same vision for Edgetech International I wanted Keith involved in every aspect of building this business." 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.