Eagle Broadband and General Dynamics Interactive Sign Cooperative Business Agreement to Pursue Hospitality Market
LEAGUE CITY, Texas, Eagle Broadband
Intrigue's integrated solution for the hospitality industry provides DVD- quality true video-on-demand, Internet access at speeds up to 1.5 Mbps, video checkout, e-shopping, electronic concierge services and city guides to local attractions and fine restaurants via the in-room television or through the guest's computer. General Dynamics Interactive is a part of General Dynamics C4 Systems of Taunton, Massachusetts.
"General Dynamics brings decades of experience in providing integrated solutions for reliable, complex communication systems for its broad spectrum of customers," said Manny M. Carter, President and COO of Eagle Broadband. "The application of this expertise to the hospitality industry is a development that Eagle is very pleased to be a part of and, I believe, one that will bear significant rewards. Eagle is very excited to be able to contribute our expertise and products to help General Dynamics provide a turnkey hospitality industry solution."
About Eagle Broadband
Eagle Broadband, Inc., and its subsidiaries are leading suppliers of broadband products, services and content, including advanced set-top boxes, one-way and two-way wireless messaging equipment, specialized mobile radio products and remote data acquisition systems. Eagle also has extensive "last mile" cable and fiber installation capabilities and provides complete IT business integration and enterprise management solutions to Fortune 1000 companies. Eagle's ClearWorks subsidiary positions the company as the leading provider of Fiber-to-the-Home (FTTH) and allows the company to provide Bundled Digital Services (BDSSM) packages that include cable-style television over fiber, local and long-distance telephone service, high-speed broadband Internet connectivity and security monitoring services. The company's ClearWorks subsidiary also markets structured wiring, home automation products, home theater entertainment centers, communication systems and security systems to homebuilders nationwide as well as to its contracted BDS communities. The company is headquartered in League City, Texas, south of Houston, near the NASA Johnson Space Center. Further news updates on Eagle Broadband, its products and services are available at , www.eglw.com, , , , , and .
Forward-looking statements in this release regarding Eagle Broadband, Inc., its subsidiaries and the agreement with General Dynamics Interactive are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward- looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.