SOURCE: Eagle Broadband

May 22, 2006 12:30 ET

Eagle Broadband to Host Meeting for the New York Financial Community

LEAGUE CITY, TX -- (MARKET WIRE) -- May 22, 2006 -- Eagle Broadband, Inc. (AMEX: EAG), a national provider of broadband, Internet protocol (IP) and communications technology and services, will host a special luncheon for New York financial analysts on Wednesday, May 24 to introduce them to the company, its services and future plans.

Eagle Broadband Chief Executive Officer Dave Micek will host the meeting. He will give attendees a review of current operations, including an inside look at the company's products and services for TV over the Internet (IPTV/STB), for satellite telephony (SatMAX™) and fiber communication systems. In addition, Micek will unveil Eagle's plans for the future.

"Our recent restructuring of the company with our lowered operating costs has clearly found favor with the stock market," said Micek. "I look forward to discussing our current opportunities for sales and revenue growth with the New York financial community."

The New York event will take place at the Sung Dynasty Restaurant at 511 Lexington Avenue at 48th Street at noon. It is one in a series of invitation-only meetings to introduce Eagle Broadband to financial communities in major metropolitan markets. Attendance is limited to qualified members of the financial community.

To register for the luncheon, call Friedland Capital at (303) 355-6566.

About Eagle Broadband, Inc.

Eagle Broadband (www.eaglebroadband.com) 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 200 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.
--  Managed Services -- Eagle Broadband's Managed Services division
    provides support for its IPTVComplete™ and SatMAX™ products, and
    implements a range of other Internet-related technologies, including WiFi
    and VoIP solutions.
    
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, 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.

Contact Information

  • Media Contacts:
    Jackie Hutto
    Griffin Integrated Marketing
    (281) 335-0200

    Jesse Blum
    Friedland Corporate Investor Services LLC
    (866) 356-0651