Eagle Broadband Signs Co-Location Agreement with Terremark Worldwide, Inc.; Eagle to Deliver IPTV Content Throughout the U.S. f
August 02 2006 - 8:30AM
Business Wire
Terremark Worldwide, Inc., (AMEX:TWW) a leading operator of
integrated Tier-1 Internet exchanges and a global provider of
managed IT infrastructure solutions for government and private
sectors, today announced that Eagle Broadband Inc. (AMEX:EAG), a
national provider of broadband, Internet protocol (IP) and
communications technology, has signed a multi-year renewable
co-location agreement to deliver IPTV content throughout the United
States from Terremark's NAP of the Americas facility. Eagle
selected Terremark's NAP of the Americas because of its secure,
reliable, and fail-safe connection to customers throughout the
United States. The NAP of the Americas will serve as the central
distribution hub for Eagle's IPTV solution. Eagle's IPTV services
include direct access to more than 200 channels of high-demand
programming from entertainment providers, using a mix of
standard-definition and high definition set-top boxes. "This is a
significant step for us in the delivery of our IPTV solution and
our growth strategy for this service," said Dave Micek, CEO of
Eagle Broadband. "Terremark's robust and secure NAP of the Americas
facility is the right place for us to be as we continue to grow our
business in the IPTV content delivery service market." Customer
expectations for content and interactivity continue to grow and
rolling out IPTV to the mass market is gaining momentum as more and
more telcos, cable operators and satellite providers take advantage
of this IP revolution of new services and new business models. "As
this industry trend continues to get traction, we are delighted to
welcome Eagle Broadband as one of the first IPTV distributors to
our facility," said Manuel D. Medina, Chairman and CEO of Terremark
Worldwide, Inc. "Eagle Broadband will be able to connect their
customers to their TV content providers by leveraging TWW's secure,
redundant and scalable environment. We expect others will take
notice and choose Terremark's solution for their critical
infrastructure making the NAP of the Americas the virtual
marketplace for IPTV content delivery service within the U.S. and
abroad." For more information on Eagle Broadband, visit
http://www.eaglebroadband.com. About Eagle Broadband, Inc. Eagle
Broadband is a technology company that develops and delivers
products and services in three core business segments: -- IPTV --
Eagle Broadband's IPTVComplete(TM) provides direct access to more
than 200 channels of high-demand programming from popular
entertainment providers, often using Eagle's high-definition,
set-top boxes. -- SatMAX(R) -- Eagle Broadband's SatMAX provides
indoor/outdoor communications utilizing the global Iridium-based
(http://www.iridium.com) satellite communications system. It offers
both fixed and mobile solutions, including the emergency first
responder SatMAX Alpha "SatMAX in a suitcase" technology. -- IT
Services - Eagle Broadband's IT Services Group is a full-service
integrator offering a complete range of network technology products
including VoIP, remote network management, network implementation
services and IT project management services. 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 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. About Terremark
Worldwide, Inc. Terremark Worldwide, Inc. (AMEX:TWW) is a leading
operator of integrated Tier-1 Internet exchanges and a global
provider of managed IT infrastructure solutions for government and
private sectors. Terremark delivers its portfolio of services from
seven locations in the U.S., Europe and Latin America and from four
service aggregation and distribution locations, which aggregate
network traffic and distribute network-based services in Europe and
Asia to meet specific customer needs. Terremark's flagship
facility, the NAP of the Americas, is the model for the
carrier-neutral Internet exchanges the company has in Santa Clara,
California (NAP of the Americas/West), in Sao Paulo, Brazil (NAP do
Brasil) and in Madrid, Spain (NAP de las Americas - Madrid). The
carrier-neutral NAP of the Americas is a state-of-the-art facility
that provides exchange point, colocation and managed services.
Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor,
Miami, Florida USA, 305-856-3200. More information about Terremark
Worldwide can be found at http://www.terremark.com. Statements
contained in this press release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Terremark's actual results may differ
materially from those set forth in the forward-looking statements
due to a number of risks, uncertainties and other factors, as
discussed in Terremark's filings with the SEC. These factors
include, without limitation, Terremark's ability to obtain funding
for its business plans, uncertainty in the demand for Terremark's
services or products and Terremark's ability to manage its growth.
Terremark does not assume any obligation to update these
forward-looking statements.
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