MediaG3 Relocates and Recommences Operations in Boise, Idaho
11 Marzo 2010 - 8:00AM
Marketwired
MediaG3, Inc. (PINKSHEETS: MDGC), announces today that the Company
has relocated the facility to Boise, Idaho. The relocation of the
Company will increase the efficiency of operations by combining
broadband wireless backhaul operations with WiMax services in one
location.
In addition to the cost effective motivation for relocation,
this streamlining of the operation is expected to enable superior
growth and facilitate higher profit margins by being able to
function at a significantly lower cost.
Imminently, the Company will be releasing announcements
regarding a number of positive modifications in the Company's
management, additional to updates on pending acquisitions that
cannot yet be announced due to the Company's obligation under
confidentiality agreements.
The Company's management has recently refined the initial
corporate structure, enabling Media G3 to maximize the growth
potential of its shareholder value. It is, and will continue to be,
of paramount importance to Media G3; that as the Company
continually evolves through new business development and
acquisitions, that Media G3's shareholders are given an opportunity
to grow with the Company through an established favorable
environment for profitability. The Company would like to extend
appreciation to its loyal shareholders for their continued support,
as the Company enters into this exciting new phase.
About MediaG3, Inc. MediaG3, Inc.
develops, markets, and delivers broadband wireless technology
products and services for today's fixed and mobile customers.
MediaG3 has patent protected broadband wireless technologies and
has received the US government grant and Chinese government
approval for the company's China Pilot project intended to serve
900 million Chinese people in rural and interior regions. Under
Imperial Wireless brand, MediaG3 offers Internet access and
Internet telephone via fixed and WiMax mobile wireless throughout
the US. MediaG3 is based in Boise Idaho, with an office in
Shenzhen, China. For more information on the company, please visit
www.mediag3.com.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report on Form 6-K or 20F and
other filings made by such company with the SEC.
For additional information, please call Daniel Baldridge
President of Gibraltan Financial phone: 407.830.9777
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