Eagle Broadband First Company to Secure IP Video Content Distribution Rights with Major Broadcasters
Eagle Broadband First Company to Secure IP Video Content Distribution Rights with Major Broadcasters, Movie Studios and Content Providers
Combination of IP Content Rights, Industry-Leading IP Set-Top Boxes, Video Delivery & Support Capabilities Enables Eagle to Deliver Turnkey Video Solution to Municipalities, Utilities, Developers & Service Providers
HOUSTON, Texas -- September 15, 2004 -- Eagle Broadband, Inc. (AMEX:EAG), a leading provider of broadband and communications technology and services, announced today that the company is the first to secure standard and high definition IP video content distribution rights with leading broadcasters, movie studios and content providers for first run movies and more than 200 cable and broadcast channels.The ability to provide a complete four-play suite of voice, video, data and security Bundled Digital Services in all-IP format, IP video content, HDTV-ready IP set-top boxes and 24/7 support, allows Eagle to deliver a converged set of fully integrated broadband services over a single IP network that can provide higher quality video at a lower cost, generate higher margin revenues and increase customer satisfaction.
Eagles partners and residential and business customers can customize the broadband services package that will best meet their specific needs by selecting one or more services on an a la carte basis or the complete package of all four Eagle voice, video, Internet and security Bundled Digital Services.
"In the digital era, content is king, said Dave Weisman, chairman and CEO, Eagle Broadband. With these new IP video content rights, Eagle can now deliver a wider range of fully customizable broadband services and even greater value to both new and existing broadband customers and partners. Todays announcement is the culmination of many months of negotiations with the major broadcasters, programmers and studios where we successfully demonstrated the expertise required to fully satisfy their complex content rights, distribution and content piracy concerns. The ability to deliver a complete channel line-up and video-on-demand services over a single, cost-effective IP network, will enable Eagle and our partners to offer a more compelling bundle of entertainment choices to meet the rapidly growing demand from residential and business customers.
"Our customers and partners will benefit greatly from our ability to deliver a turnkey, end-to-end video solution with a rich variety of video services over their existing IP-based networks," said Todd Daniels, vice president of broadband services sales, Eagle Broadband. "With these new IP content rights, our state-of-the-art IP video distribution facility and industry-leading IP set-top boxes, we can now enable our municipality, utility, real estate developer and service provider partners to deliver higher quality video services to broadband customers located anywhere in America. This clearly represents a significant growth opportunity for us that we are pursuing aggressively.
For additional information regarding Eagles broadband, video and set top box solutions, please call 800-628-3910 or 281‑538‑6000.
About Eagle Broadband
Eagle Broadband is a leading provider of broadband and communications technology and services. The companys product offerings include an exclusive four-play suite of Bundled Digital Services (BDSSM) with high-speed Internet, cable TV, telephone and security monitoring, and a turnkey suite of financing, network design, operational and support services that enables municipalities, utilities, real estate developers, hotels, multi-tenant owners and service providers to deliver exceptional value, state-of-the-art entertainment and communications choices and single-bill convenience to their residential and business customers. Eagle offers the HDTV-ready Media Pro IP set-top box product line that enables hotel operators and service providers to maximize revenues by offering state-of-the-art, in-room entertainment and video services. The company also develops and markets the exclusive SatMAXTM satellite communications system that allows government, military, homeland security, aviation, maritime and enterprise customers to deliver reliable, non-line-of-sight, voice and data communications services via the Iridium satellite network from any location on Earth. The company is headquartered in Houston, Texas. For more information, please visit www.eaglebroadband.com or call 281-538-6000.
Forward-looking statements in this release regarding Eagle Broadband, Inc., 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 companys products, increased levels of competition, new products and technological changes, the companys dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the companys periodic reports filed with the Securities and Exchange Commission.
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