EGIL Relocates Corporate Office to Upgraded, Expansive Facility
November 21 2006 - 8:01AM
Business Wire
In a move reflecting the emergence of The Edge handheld,
ultra-mobile wireless unit onto the public market and the recent
advancements of the company, Edgetech International, Inc.
(OTC:EGIL) wishes to announce it will relocate its Corporate
Headquarters, effective December 1, 2006. The larger, upgraded
facility is rated as �Class A� variety and located in the heart of
the downtown Boca Raton, Florida business district. The new
location provides for a substantial increase in the amount of
functional office space in order to accommodate more executives and
employees, including customer service professionals, in time to
kick-off the availability of Edge units to the public planned for
next week. The new address is 233 South Federal Highway, Suite 106,
Boca Raton, Florida, 33432. �We are very excited about making this
move to our new office, as along with the much needed additional
space, we are able to expand our personnel at precisely the right
time for our much anticipated sales launch for The Edge,� commented
Edgetech CEO, Lev Parnas. �This move is not only an image booster,
it raises the public profile of the Company, sending a clear
message that the company is hitting stride while achieving its goal
of growing to meet consumer demand for our revolutionary high-speed
wireless technology.� 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. In a move reflecting the emergence of The Edge
handheld, ultra-mobile wireless unit onto the public market and the
recent advancements of the company, Edgetech International, Inc.
(OTC:EGIL) wishes to announce it will relocate its Corporate
Headquarters, effective December 1, 2006. The larger, upgraded
facility is rated as "Class A" variety and located in the heart of
the downtown Boca Raton, Florida business district. The new
location provides for a substantial increase in the amount of
functional office space in order to accommodate more executives and
employees, including customer service professionals, in time to
kick-off the availability of Edge units to the public planned for
next week. The new address is 233 South Federal Highway, Suite 106,
Boca Raton, Florida, 33432. "We are very excited about making this
move to our new office, as along with the much needed additional
space, we are able to expand our personnel at precisely the right
time for our much anticipated sales launch for The Edge," commented
Edgetech CEO, Lev Parnas. "This move is not only an image booster,
it raises the public profile of the Company, sending a clear
message that the company is hitting stride while achieving its goal
of growing to meet consumer demand for our revolutionary high-speed
wireless technology." 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.
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