SOURCE: Edgetech International, Inc.

July 16, 2008 08:00 ET

EGIL Updates Business Plan Based on Enhanced Revenue Generating Server Platform for "The PC Edge"

LAUDERDALE BY THE SEA, FL--(Marketwire - July 16, 2008) - Edgetech International, Inc. (together with its wholly-owned subsidiary, "Edgetech" or the "Company") (PINKSHEETS: EGIL) is pleased to announce that the Company has expanded its revenue generating capabilities through enhancements in the server platform. Edgetech International will now be enabled to add paying content to the home page on the device. Front page content will not only drive additional revenues but also enhance the user experience. The Company is currently looking for content partners.

In addition to front page content, Edgetech International has completed the process of producing custom branded units. These custom branded units will allow the Company to partner with web based solution providers to offer solutions in the mobile environment. Combining these solutions with the GPS system offers a very unique value proposition unseen in the handheld device marketplace previously. These devices will be sold through specific vertical market channels. The Company is currently looking for solutions partners. Finally, Edgetech International will continue the process of selling generic units through traditional Retail and Internet Sales Channels with a focus on preparation for the holiday season.

Edgetech CEO Lev Parnas stated, "These enhancements position the company to produce new revenue streams, enable new partnerships and capabilities as well as enhance our user's experience. This is a total win/win situation."

About Edgetech International:

"The PC Edge" is the world's fastest hand held Internet access device which delivers High Speed Internet Access, displaying full HTML web pages, graphics and java script. "The PC Edge" offers a desktop web experience, together with a full Qwerty Keyboard, Access to Office Suite of programs, 25 GB storage and remote PC access.

The Company's executive office facility is located at 4401 W Tradewinds Ave, suite 201, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    Edgetech International, Inc.
    Keith R. Jones
    Vice President of Sales
    Telephone No. 954-772-7782
    www.thepcedge.com