SOURCE: MediaG3, Inc.

October 29, 2009 08:30 ET

MediaG3 Welcomes Dr. Pete Peterson, Software Development Pioneer and Accomplished Engineer to Join the Company's Board of Directors

Dr. Peterson's Solid Track Record of Accomplishment Expected to Strengthen the Company and Contribute Significantly to the Company's Expansion of Digital Products and Services

SANTA CLARA, CA--(Marketwire - October 29, 2009) - MediaG3, Inc. (http://www.mediag3.com) (PINKSHEETS: MDGC), a leading developer of broadband wireless products and services, is pleased to announce the appointment of Dr. Pete Peterson to the Company's Board of Directors.

An experienced technologist, Dr. Peterson has over 30 years experience in software design and architecture. Among Dr. Peterson's notable accomplishments are the design and development of the first commercially available microprocessor based computer in 1977. During 1979 through 1986 Dr. Peterson conducted research in the design and computerization of Electro-Acupuncture diagnostic equipment. The Acupath-1000, first delivered to the French Academy of Sciences in 1980, represented his pioneering of the first commercially utilized 3.5 inch floppy disk drive.

In 1977 Dr. Peterson founded CyberDyne, a company that designed, developed, manufactured and sold the first commercially available microprocessor based computer which was created to include an alphanumeric QWERTY style keyboard. His revolutionary design was also the first computer equipped with a built in printer, a 16 segment character display, a built in operating system, and 3 built in high level programming languages. His computer design preceded the official release of the Apple One by 2 years, the Commodore Pet by 2 years, and the introduction of the Radio-Shack TRS-80 by 3 years.

Since the early 1970s, Dr. Peterson developed substantial manufacturing, scientific, and business relationships internationally while working for firms in Taiwan, Mainland China, Russia, the Ukraine, and Hong Kong, to name just a few. Simultaneously, while establishing worldwide international relationships, Dr. Peterson worked with numerous U.S. Governmental Agencies by acquiring and providing intelligence data.

Among his extensive accomplishments, Dr. Peterson has served as a highly valued advisor and consultant to various companies such as in the areas of voice recognition technology, relational data base design, computerized hardware, and software graphics. Dr. Peterson holds an Associates Degree in Science & Engineering and a Ph.D. in Natural Philosophy from Golden State College now known as Stanford University.

Dr. Peterson has developed a proprietary high speed micro processor which will be contributed to MediaG3's technology portfolio. This new micro processor will enhance the capabilities 4G and future 5G WiMax enabled networks, allowing all digital devices to see each other on all operating systems. "The future of broadband access will be in convergence and MediaG3 is making the investments today to ensure that our products and services stay on the cutting edge of what subscribers want tomorrow," says MediaG3, Inc. President Joseph Anzalone. "Where a few short years ago, consumers had to have 2-3 devices with them at all time, be it smart phone, lap top computer, and a multi-media device. We see tomorrow being the age of full and seamless convergence, where the consumer can move seamlessly between devices for their services without traditional barriers and limitations. MediaG3 will facilitate this next generation of service demand and Dr. Peterson's technology will be an important part of this effort," added Mr. Anzalone.

"Dr. Pete Peterson is an extraordinary pioneer in the history of computer development and engineering. He has blazed a trail of computer innovation with worldwide impact, and we are honored to bring him on-board for participation in the advancement of the Company. His undertakings have significantly impacted the evolution of the computer industry and we expect that his contribution to the Company will continue to make history," stated Val Westergard, Chairman of MediaG3, Inc.

About MediaG3, Inc.

MediaG3, Inc. develops and markets broadband wireless technology products for today's fixed and mobile customers. MediaG3 is developing its integrated business and product lines to offer the best solutions for broadband wireless infrastructures. MediaG3 is based in Santa Clara, California, with an office in Shenzhen, China. For more information on the company, please visit www.mediag3.com. Under the brand of Imperial Wireless, MediaG3 is an Internet access and Internet service provider; offering fixed and mobile wireless broadband, Internet phone, and WiMax services in 19 states and over 500 cities in the U.S. market, with plans to expand into all 50 states by the end of 2010. For more information, visit www.imperialwimax.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.

Contact Information

  • Investor Relations Contact:
    Daniel Baldridge
    President of Gibraltan Financial
    (407) 830-9777