EGIL Awards Wireless Service Provider Contract for 'The PC Edge' to Wyless Plc
December 19 2007 - 9:19AM
PR Newswire (US)
LAUDERDALE BY THE SEA, Fla., Dec. 19 /PRNewswire-FirstCall/ --
Edgetech International, Inc. (together with its wholly-owned
subsidiary), ("Edgetech" or the "Company") (OTC:EGIL) is pleased to
announce that the Company has entered into agreement with Wyless
Plc to provide Wireless High Speed Data Service. The three year
agreement enables Edgetech International to launch "The PC Edge"
with the industry leader in mobile solutions for the machine to
machine (M2M) marketplace. The Wyless global data network will
provide Edgetech International with network connectivity for the
"The PC Edge" in over 110 countries on GSM, GPRS, 3G, Satellite,
and fixed IP networks. "The PC Edge" is a unique, handheld, stand
alone wireless unit with a built in modem and full-screen display
providing High Speed Internet Access. Edgetech CEO, Lev Parnas,
stated, "The Wyless agreement offers Edgetech International the
combination of price, customer service, and global network reach
required to build "The PC Edge" brand. We look forward to
leveraging the Wyless network in the U.S. and internationally."
Wyless VP of Business Development, Dan McDuffie, stated, "We at
Wyless are excited to be chosen as the exclusive wireless provider
for 'The PC Edge'. Our high speed global managed wireless data
network leverages the power of our Tier One operator partners with
our patented fixed IP and VPN capabilities, offering 'The PC Edge'
customers High Speed Internet Access with the security of a private
network." About Wyless Plc: Wyless Plc is a Mobile Virtual Network
Operator focused upon mobile solutions for the machine to machine
(M2M) market. Its network is based upon GSM, GPRS, 3G, SMS, Low
Power Radio, Mesh and Satellite technologies to form the largest
Global and truly ubiquitous network. This includes the provision of
fixed IP addressing available over a public or private network in
over 110 countries allowing customers direct access to the
dedicated mobile network. Wyless enables organizations and their
businesses to turn themselves into Real Time Enterprises by
connecting all remote machines to a common network through the
provision of wireless connectivity. About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is
a robust, handheld wireless internet access device which delivers
High Speed Internet Access, displaying full content HTML, web
pages, graphics and java script. "The PC Edge" offers a full
desktop web experience, together with a larger functional keyboard
than competitive products. The Company's executive office facility
is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by
the Sea, Florida 33308. Its telephone number is 954-772-7782 and
its website address is http://www.thepcedge.com/. Except for
historical information, the matters discussed in this press release
are "forward looking statements" within the meaning of 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 continued severe 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 territorial 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. DATASOURCE: Edgetech International, Inc.
CONTACT: Gabriel Goldfine of Southeastern Financial Holdings LLC,
+1-786-629-0334, or Keith R. Jones, Vice President of Sales,
Edgetech International, Inc., +1-954-772-7782 Web site:
http://www.tepcedge.com/
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