EGIL Edgetech International Inc (CE)

Edgetech International, Inc. (OTC:EGIL) has finalized pricing plans for The Edge ultra-mobile, wireless Internet device in preparation for the launch of new customer sales beginning December 4, 2006. EGIL is making a variety of plans available, with options ranging from service on a monthly basis to discounted pricing that rewards longer term usage. The 4 pricing plans for The Edge are as follows: Month to Month: $299.99 for The Edge, $59.99 per Month 1 Year Term: $249.99 for The Edge, $49.99 per Month 2 Year Term: $199.99 for The Edge, $44.99 per Month 3 Year Term: $149.99 for The Edge, $39.99 per Month All of the above options will also require a $35 one-time set up fee. Industry research indicates that this pricing structure is highly competitive within the framework for high speed, wireless communication. However, the advantage gained by users of the Edge is evidenced by the speed, functionality, portability, and full-screen display, in addition to the availability of premium features and unique overall experience using a cutting edge product. �The timing of our sales launch enables Edgetech to catch up on the backlog of requests for The Edge as we begin to make our mark in the telecommunications sector, filling a niche that has been left vacant for far too long,� commented Edgetech Vice President, Keith Jones. �All of the steps taken to this point were ultimately to achieve our primary goal of placing a revolutionary wireless device in service with our subscribers, and providing them with better service and performance than anything else available in the market, today and for the future.� 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) has finalized pricing plans for The Edge ultra-mobile, wireless Internet device in preparation for the launch of new customer sales beginning December 4, 2006. EGIL is making a variety of plans available, with options ranging from service on a monthly basis to discounted pricing that rewards longer term usage. The 4 pricing plans for The Edge are as follows: Month to Month: $299.99 for The Edge, $59.99 per Month 1 Year Term: $249.99 for The Edge, $49.99 per Month 2 Year Term: $199.99 for The Edge, $44.99 per Month 3 Year Term: $149.99 for The Edge, $39.99 per Month All of the above options will also require a $35 one-time set up fee. Industry research indicates that this pricing structure is highly competitive within the framework for high speed, wireless communication. However, the advantage gained by users of the Edge is evidenced by the speed, functionality, portability, and full-screen display, in addition to the availability of premium features and unique overall experience using a cutting edge product. "The timing of our sales launch enables Edgetech to catch up on the backlog of requests for The Edge as we begin to make our mark in the telecommunications sector, filling a niche that has been left vacant for far too long," commented Edgetech Vice President, Keith Jones. "All of the steps taken to this point were ultimately to achieve our primary goal of placing a revolutionary wireless device in service with our subscribers, and providing them with better service and performance than anything else available in the market, today and for the future." 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.