SANTA ANA, Calif., Dec. 6, 2005 (PRIMEZONE) -- eWAN1, Inc. (Pink Sheets:EWAN) today announced it has signed a Letter of Intent with Infotec Business Systems, Inc. for delivery of 25,000 of its exclusive DMC "Triple Play" set-top devices that combines IPTV, VOIP, data and video capability.
Scott Kettle, EWAN's president, said, "We are delighted that our first major order for our unique line of DMC set-top devices is from Infotec, a leading web TV / Internet TV distributor of digital content and information via its proprietary ebahn Television Network. EWAN has committed to sell Infotec's streaming video services and ebahn.tv to up to 100,000 customers, and EWAN should recognize in excess of $3 million in revenue from this single transaction."
"Infotec's technical team has worked over many months to develop specifications and source supply for set-top TV boxes that can meet the demanding need of Infotec's services," said Edward Clunn, CTO, Infotec Business Systems, Inc. "Infotec is now well positioned to sell on-demand TV to our customers for viewing via the Internet. Our ability to deliver a range of viewing products and also our quality, which we can deliver from low bandwidth to high definition TV with surround sound, enables us to meet our customer's needs for TV quality, on demand viewing using the Internet."
William J. Kettle, EWAN's CEO, remarked, "We are ahead of the competition, and as consumers eventually receive the majority of their information and entertainment over the Internet, our 'Triple Play' device will become the indispensable mode of choice."
About eWan 1, Inc.
Specializing in broadband network solutions including high-speed Internet access, data, gaming, voice and video services, EWAN utilizes the most advanced network design and architecture in the industry, based on building its telecommunications network "on top" of major metropolitan fiber optic interconnection points within class 'A' carrier facilities, and by incorporating the fastest, most reliable, redundant and scalable hardware available. At present, EWAN is the only midsize ISP offering "wire-speed" networking in every device, at every access point.
About Infotec
The Infotec Group of companies provides Internet and related media services and delivers 3rd generation, on demand streaming media content via its proprietary Galaxy Broadcast Network. The Infotec Group is a full service provider for capture, hosting and distribution of digital IP content for businesses and viewers throughout the world. Infotec is building its infrastructure and its web portal to support the growth in web TV / Internet TV and in the distribution of digital content and information, anywhere, anytime, via its proprietary ebahn Television Network which can be viewed on the Internet at http://www.ebahn.tv.
Forward-Looking Statements
Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.