SOURCE: MediaG3, Inc.

March 11, 2010 09:00 ET

MediaG3 Relocates and Recommences Operations in Boise, Idaho

BOISE, ID--(Marketwire - March 11, 2010) -  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.

Contact Information

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