MediaG3, Inc. (PINKSHEETS: MDGC) is pleased to report the progress
on the Company's developing WIMAX service roll-out strategy in the
United States.
MediaG3 announces that the Company's expansion plan is advancing
according to expectations in Portland, Oregon. Recently, the
Company announced a successful service launch in Keizer and Salem,
Oregon, and following the initial successful launch in Boise,
Idaho. This is part of the Company's 19 state market roll out of
WIMAX services.
The addressable market, demographics, and Company estimated
revenue metrics for broadband internet services in the Portland
metro markets include the following:
1) Estimated Portland metro market shows a potential subscriber base
of 578,000.
2) Percentage of households using broadband and wireless services
at 74%.
3) Available broadband and wireless subscriber base is 427,720
households.
4) With very conservative estimated market share to be captured
by MediaG3 being 5%.
5) Estimating subscribers' revenues of over $1,069,000/year initially.
"Imperial Wireless is excited to bring its IW4G WiMax Super Fast
Mobile Broadband and Internet Phone Services to Portland, Oregon
residents, businesses, students and mobile professionals the super
fast mobile Internet experience they're used to having at home or
the office, anywhere around town or on the go," said Val
Westergard, Chairman, MediaG3, Inc. "We're pleased to provide this
community a valuable new category of Internet service designed to
make people's lives more enjoyable and more productive, wherever
they happen to be in our coverage area."
Joseph L. Anzalone, President & COO, had this to add: "Our
service roll-out is gaining momentum as anticipated, and in many
cases, ahead of expectations as subscribers are demanding the
broadband services to meet their growing appetite for internet
service without limits. Our strategy is to build our presence in
every underserved market in the country and show the consumer an
unbeatable combination of next generation broadband and mobile
internet services at highly competitive prices."
Furthermore, to enhance the service plan, MediaG3 plans to
utilize 30 carrier grade cellular towers which were successfully
acquired earlier this year and will be used to support the network
expansion in selected key markets throughout the United States.
"MediaG3 will be employing its strong portfolio of telecom
equipment to support the WIMAX service expansion. These carrier
grade towers will help in broadening the reach in conjunction with
our patent-protected LMDS equipment platform. The goal to provide
leading edge WIMAX service to everyone, not just those in major
metropolitan communities," added Mr. Anzalone.
MediaG3's Imperial Wireless IW4G... a New Generation of
WIMAX
The 4G customer experience is similar to that provided by Wi-Fi,
but without the short range limitations of a traditional Internet
hot spot. The companies are all using a wireless 4G technology that
differs from Wi-Fi called WiMAX, which provides service areas
measured in miles, not feet. Further, IW4G gives you average mobile
download speeds of 3 to 6 mbps with bursts over 10 mbps.*
As the Internet integrates deeper into daily life, the
opportunities to stay connected and be productive are enhanced by
IW4G in numerous ways:
-- A busy parent who wants full Internet connectivity for kids studying
or playing games in the back of the family minivan;
-- A college student or retiree looking for one affordable Internet
service provider to meet their needs at home, on campus and on-the-go;
-- A mobile professional who is unsatisfied with the speeds and
limitations of 3G modem cards or the need to seek out Wi-Fi hotspots;
-- A commuter interested in working or accessing entertainment sites like
Hulu or Pandora on the way home.
For these and many other customers, IW4G's simple and innovative
pricing provides ultimate flexibility. IW4G's mobile and
residential plans can be purchased by the day or by the month, and
with several no service contract options available. Home Internet
service plans start at $25 per month, while mobile Internet plans
start at $35 per month, or customers can purchase a convenient day
pass for $10. Additional savings are available for customers by
purchasing a combination of services that could include
home-and-mobile or mobile-and-mobile Internet plans starting at $50
for both, or by signing up for a two-year service agreement. The
dual-mode 4G/3G plan is available for just $70 per month with a
two-year service agreement. Customers can find full details about
pricing options, business plans and purchase the service online at
www.iw4g.com, or by visiting other authorized Imperial Wireless
dealers.
Simply Plug-In and Go
IW4G offers several simple choices for broadband
connectivity.
-- IW4G USB Modem and IW4G+ Mobile: Mobile users simply plug-in IW4G's
compact, mobile WiMAX-enabled USB modem into their laptop to get online.
The USB modem, from Motorola, is available for only $49.99 for a limited
time or leased for just $4.99 per month. Customers can purchase the modem
from a store or online. Customers who travel across the U.S. may purchase
the CleIW4G+ mobile USB, a dual-mode (4G/3G) modem from IW4G. The dual-mode
capabilities give the truly mobile user access to nationwide 3G network
service whenever the IW4G service is not available. The IW4G+ mobile USB is
available to lease for only $5.99 per month.
-- Residential data & voice services: For residential service, IW4G
offers customers a wireless high-speed modem, about the size of a small
book. Customers simply plug the modem into a power outlet anywhere in their
home or office and connect the modem to their PC or wireless router. This
enables consumers and businesses to install high-speed Internet service
without the need to schedule an appointment, drill holes in their walls, or
otherwise disrupt their day. The IW4G Modem, a residential modem from
Motorola, can be purchased for $69.99 for a limited time or leased for just
$4.99 monthly. Residential customers can also add in-home voice service
with purchase of the IW4G Voice Adapter for $15, and receive unlimited
local and long distance service for just $25 per month.
-- IW4G Spot: With the IW4G Spot, any existing, off-the-shelf Wi-Fi
device (compatible with 802.11b/g) can connect to IW4G's mobile WiMAX
network. The IW4GSpot creates a personal Wi-Fi hotspot that travels with
consumers anywhere they happen to be within IW4G's mobile WiMAX service
area. This $139.99 device is a portable, battery-powered router that
seamlessly connects up to eight standard Wi-Fi-enabled devices (computers,
mobile phones, portable gaming, consoles, cameras, etc.) to the Internet
via a IW4G USB modem to access IW4G's mobile WiMAX network. The IW4G Spot
is compatible with both the IW4G and IW4GG+ mobile USB dual-mode service
options.
-- Intel Embedded WiMAX Laptops: Numerous IW4G-compatible embedded WiMAX
laptops based on Intel® Centrino® 2 processor technology are now
available directly from their manufacturers and through other channels.
From Dell, these include the Studio 17, Studio XPS 16, Latitude E4300,
Latitude E6400, Latitude E6400 ATG, Latitude E6500, Precision M2400,
Precision M4400 and Vostro 1220. From Fujitsu, this includes the LifeBook
P8020. WiMAX-ready laptops from Lenovo include the ThinkPad line: SL500,
X200, X200s, X200 Tablet, X301, T400, T500, W500, W700. From Samsung, this
includes the X460 notebook as well as the NC10, the first WiMAX-enabled
netbook based on the Intel® Atom(TM) processor, available in the U.S.
-- Samsung Mondi: The Samsung Mondi is a mobile, WiMAX-enabled handheld
device that combines the abilities of a PC with the size and portability of
a phone.
About Imperial Wireless
Imperial Wireless, LLC, an operating subsidiary of MediaG3, Inc.
(PINKSHEETS: MDGC), offers a robust suite of advanced high-speed
Internet services to consumers and businesses. As part of a
multi-year network build-out plan, Imperial's service, called
IW4G(TM), will be available in major metropolitan areas across the
U.S., and bring together an unprecedented combination of speed and
mobility. Imperial's open all-IP network, combined with significant
spectrum holdings, provides unmatched network capacity to deliver
next-generation broadband access. Strategic investors include Intel
Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright
House Networks. Imperial Wireless currently provides 4G service,
utilizing WiMAX technology, in sixteen markets and provides
pre-WiMAX communications services in 40 markets across the U.S. and
Europe. Headquartered in Santa Clara, CA., additional information
about Imperial Wireless and MediaG3 is available at www.mediag3.com
or www.iw4g.com
* Speed claims based on download speeds only. Actual performance
may vary and is not guaranteed. IW4G performance claim is based on
average download user speeds achieved during tests performed on the
IW4G commercial network by IW4G.. Other carrier performance based
on their advertised claims.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the securities laws. The statements in this release
regarding plans for the development and deployment of the first
nationwide next-generation wireless broadband network based on
mobile WiMAX technology; the timing, availability, capabilities and
coverage of our network, including market launch plans; products
and services to be offered on our network; planned marketing and
branding efforts and other statements that are not historical facts
are forward-looking statements. The words "will," "would," "may,"
"should," "estimate," "project," "forecast," "intend," "expect,"
"believe," "target," "designed," "plan" and similar expressions are
intended to identify forward-looking statements. Forward-looking
statements are projections reflecting management's judgment and
assumptions based on currently available information and involve a
number of risks and uncertainties that could cause actual results
to differ materially from those suggested by the forward-looking
statements. Future performance cannot be assured. Actual results
may differ materially from those in the forward-looking statements
due to a variety of factors, including, but not limited to, the
risks referenced in the section of MediaG3's Quarterly Report on
Form 10-Q entitled "Risk Factors," filed August 13, 2009. Imperial
Wireless believes the forward-looking statements in this release
are reasonable; however, you should not place undue reliance on
forward-looking statements, which are based on current expectations
and speak only as of the date of this release. Imperial Wireless is
not obligated to publicly release any revisions to forward-looking
statements to reflect events after the date of this release.
Investor Relations Gibraltan Financial Daniel Baldridge
President phone: 407.830.9777
MediaG3 (CE) (USOTC:MDGC)
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