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MediaG3 to Re-Introduce Wytec Brand(Market Wire Via Acquire Media NewsEdge) BOISE, ID -- (MARKET WIRE) -- 03/22/10 -- MediaG3, Inc. (PINKSHEETS: MDGC), announced today the company is re-introducing the Wytec, Incorporated brand to use with their wireless broadband products and services platform. As a world leader in the development of Local Multipoint Distribution Services (LMDS) fixed wireless equipment, Wytec, Incorporated set the bar in high-speed wireless communications. Wytec, was formed in 1995 by a veteran team of engineers to design, manufacture, deploy, and support wireless communications systems that provide last-mile broadband access for commercial, residential, rural, military and international subscribers who require bi-directional Internet, voice and data communications services. Wytec Incorporated, has extensive experience in developing commercial products based on international standards including GSM, AMPS, TDMA, CDMA, DataTac's, CDPD, Ardis, ATM and SONET. Wytec's intensive design efforts resulted in five key U.S. patents for their advanced wireless technology, which are expected to make a significant impact on MediaG3's overall market value. The Company plans to aggressively defend its intellectual property rights. It is believed that most, if not all, of the current LMDS operators and equipment suppliers infringe on Wytec's U.S. Patent for sectorized, wireless, point to multi-point communications systems. Wytec's typical customers are domestic and international operating companies holding the licenses to provide communication services in the millimeter-wave frequency bands from 24 to 43 GHz. Wytec was the first to market with a product in the new 40-43 GHz band in Europe. The Company's management team will incorporate their Patented Technologies, in an effort to further support the industry's quest for continually increasing Internet speeds. 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 U.S. 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. MediaG3 offers Internet access and Internet telephone via fixed and WiMax mobile wireless throughout the U.S., under the Imperial Wireless brand. MediaG3 will market their wireless broadband equipment, technology and technology licensing under the Wytec brand. Wytec and Imperial Wireless are wholly owned subsidiaries of MediaG3. MediaG3 is based in Boise, Idaho and has 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. For additional information, please call Daniel Baldridge, President of Gibraltan Financial phone: 407.830.9777 |