SOURCE: MediaG3, Inc.

August 31, 2009 13:09 ET

MediaG3 Announces Merger With Cutting Edge Wireless Provider, Imperial Wireless, LLC.

SANTA CLARA, CA--(Marketwire - August 31, 2009) - MediaG3, Inc. (http://www.mediag3.com) (PINKSHEETS: MDGC), a leading developer of broadband wireless products, today is pleased to announce the merger of the Company with Imperial Wireless, a wireless technology and service company based in Boise, Idaho.

Both MediaG3 and Imperial Wireless are very well positioned to benefit from this advantageous opportunity. In the integration of their technologies, products, and services, both companies will provide end-to-end wireless applications to both the American and Asian markets. Imperial Wireless' next generation of WiMax technology, equipment, and services, in combination with MediaG3's LMDS platform, will provide the post-merger Company with significant competitive advantages as it executes its expansion plans in rural and metropolitan areas in the United States and international markets.

"The proprietary broadband wireless technology from MediaG3 will serve as a perfect complement to our WiMax expansion plan," said Val Westergard, founder of Imperial Wireless, LLC. "With our combined technologies and resources, we now are able to deliver efficient solutions to our customers with integrated applications for internet access, voice over IP service, alongside an impressive line of digital video and mobile devices," added Mr. Westergard.

"MediaG3 is excited to have completed this merger and we share the vision that Val and his team have for broadband IP services in the United States," stated Joseph L. Anzalone, President and COO of MediaG3, Inc. He continued, "We believe that flexible and scalable wireless access networks will be the future of data communications in this country. The combination of our two platforms will address the needs of consumers and businesses seeking wireless internet and value added services in most areas of this country, especially in areas that have been overlooked or underserved."

Imperial Wireless was named in honor of Marconi Imperial Wireless, which was the first wireless telegraph company, founded in 1912. In 2002, Imperial Wireless introduced the first WiFi hot spots at Moxie Java coffee shops in Boise, Idaho, and has developed great momentum in expanding WiMax technology across the United States. At one point in Boise, Idaho more public hotspots than any other city in the US with over 100 WiFi hot spots compared to cities like Seattle and Portland which only had established 80. Imperial Wireless has proven to be a notable leader in the delivery of WiFi, wireless broadband, voice over Internet phone and WiMax services.

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.

About Imperial Wireless

Imperial Wireless, LLC. 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: The Private Securities Litigation Reform Act of 1995 (the "Reform Act") provides a safe harbor for forward-looking statements made by us or on our behalf. We and our representatives may from time to time make written or oral statements that are "forward-looking," including statements contained in this news release, in filings with the Securities and Exchange Commission, in reports to our stockholders and in other news releases. All statements that express expectations, estimates, forecasts or projections are forward-looking statements within the meaning of the Act. In addition, other written or oral statements which constitute forward-looking statements may be made by us or on our behalf. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "may," "should," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in or suggested by such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors on which such statements are based are:·(i) assumptions concerning uncertainties associated with product development; (ii) the risk that we will not obtain approval to market our products; (iii) the risk that our products will not gain market acceptance; ·(iv) our ability to obtain additional financing; (v) our ability to attract and retain key employees; (vi) our ability to protect intellectual property; and (vii) our ability to adapt to economic, political and regulatory conditions affecting our industry.

Contact Information

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