EGIL Edgetech International Inc (CE)

Edgetech International, Inc. (OTC:EGIL) is pleased to report that traffic to our 1,000 square foot booth (#12840), located in the Las Vegas Convention Center in between Samsung and Sony, continued to be overwhelming through day 3 and right up to the close yesterday. The response from the crowds participating in live demonstrations to The Edge, a unique, handheld, stand alone wireless unit with a built-in modem and full-screen display functioning at DSL-type speed, has been extremely positive. The Edge remained victorious for all 4 days in a SpeedChallenge offered to anyone with a wireless, handheld PDA or Pocket PC to test the speed of their unit against ours. According to Keith Jones, Edgetech�s Vice President and Executive Associate to the CEO, �If anyone visiting our booth could beat the speed of The Edge for performing Internet functions and accessing Web pages with their PDA, we would give them a free Edge unit. I�m very pleased to confirm, we did not give away a single Edge unit for the entire CES as it simply could not be beaten.� Management has been inundated with requests for media interviews and is taking full advantage of this priceless exposure. Live, on-the-spot interviews have taken place with the CBS New York affiliate, WCBS-TV (Channel 2), for their 11-o�clock news segment featuring hot new technology products of the 2007 CES, BBC America, rawVEGAS.tv, and by Robert Scoble, owner of one of the premier Techno Blogs on the Web, PodTech.net. Talented recording artist, Jesse Hart, performed live at the Edgetech booth, giving us the distinction as the only exhibitor to feature a live musical performance from a recording artist affiliated with a major record label. EGIL has solidified a partnership with legendary music manager Lou Pearlman and his multi-Billion dollar Trans Continental conglomerate for the purpose of co-branding The Edge with all existing and future acts with Trans Continental Records to capitalize on their long term bankable track record. As a result of connections made at the CES, Edgetech is currently in preliminary talks on 4 potential distribution contracts for The Edge. Progress is being made daily and contracts are being worked on at this time specifying a minimum threshold of 5,000 Edge units for each of the 4 possible distribution deals. EGIL is also in preliminary discussion on 2 possible corporate co-branding contracts. These contracts would involve Edge units with customized features to facilitate increased productivity for field sales reps. EGIL has begun negotiations with a major consumer electronics retail chain in order to carry The Edge as part of their regular product line. We are both excited and encouraged by all of our potential expansion and look forward to providing updates on these negotiations as they become available. 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 233 S. Federal Hwy., Suite 106, Boca Raton, Florida 33432. 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.