Eagle Broadband to Trade on the Over the Counter Market under ''EAGB''
April 05 2007 - 6:23PM
Business Wire
Eagle Broadband, Inc. (AMEX: EAG), a leading national provider of
broadband, Internet protocol (IP) and communications technology and
services, today announced that effective with the open of business
on Monday, April 9, 2007, the company's stock will trade on the
over-the-counter market under the symbol "EAGB". The company
anticipates that its stock will be quoted on the Over-the-Counter
Bulletin Board, provided that a market maker in the common stock
files the appropriate application with, and such application is
cleared by, the NASD. Quotations should continue to be available on
financial websites such as Yahoo! Finance and Google Finance. Eagle
Broadband is a technology company that develops and delivers
products and services in three core business segments: IPTV --
Eagle Broadband�s IPTVComplete� provides direct access to more than
250 channels of high-demand programming from popular entertainment
providers, often using Eagle�s high-definition, set-top boxes.
SatMAX� -- Eagle Broadband�s SatMAX provides indoor/outdoor
communications utilizing the global Iridium-based (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. For more information on Eagle Broadband, visit
www.eaglebroadband.com. EAGG 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, the company�s ability to continue as
a going concern, the company�s liquidity constraints and ability to
obtain financing and working capital on favorable terms, the
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.
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