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eWAN Appoints Executive Vice President of OperationsSANTA ANA, Calif. --(Business Wire)-- April 26, 2006 -- eWAN1, Inc. (PINK SHEETS: EWAN) announced today that it has appointed 20-year veteran of the telecom, Internet and electronics industries, Todd Chaisson, as eWAN's Executive Vice President of Operations. Mr. Chaisson will be responsible for product development and design, engineering direction and supervision, factory management, research and business development. In particular, it is expected Mr. Chaisson's experience and roles in business development, production and quality control with Pacific Rim manufacturers will prove invaluable to eWAN in managing its manufacturing partner relationships. Mr. Chaisson stated, "The positive reception our technology received at the 'IPTV & Beyond Expo' in San Diego last week highlights the need for eWAN to speed its ramp-up as the Company moves from the research and development phase into manufacturing and mass marketing phase." He continued, "My mission is to develop and supply the highest quality EWAN IPTV products and services available and expand our IPTV services globally in order to maximize our revenue generating opportunities." Mr. Chaisson joins eWAN after three years as Director of Quality Control for Nyko Technologies, a leading manufacturer of innovative peripherals and accessories for such platforms as Sony's (NYSE: SNE - News) PlayStation 2(TM) and PSP(TM) gaming platforms, Microsoft's (NASDAQ: MSFT - News) Xbox(TM) and Xbox 360(TM) gaming platforms, Nintendo's (OTC: NTDOY.PK - News) GameCube(TM), GameBoy(TM), and Nintendo DS(TM) gaming platforms and Apple's (NASDAQ: AAPL - News iPod(TM) platform. Prior to his tenure with Nyko, Todd spent 3 years building and managing SpeeDSL, Inc., a high-speed Internet service provider he Co-Founded in 2000. About eWan1, Inc. eWan1 is a global provider of equipment and content delivery technology for the broadcasting of television over internet protocol (IPTV) and is a provider of broadband network solutions, including high-speed Internet access, data, gaming, voice and video services. Through its wholly owned subsidiaries, Cocom Ltd, ClearWave Communications and Direct Connect, Inc., eWAN is marketing the most technologically advanced and complete bundled global IPtv service available. eWAN's wireless "Triple Play" Digital Media Center set-top box connects directly to a television to enable viewing of broadcast and cable television (IPtv) and video-on-demand of movies and documentaries while featuring traditional Internet access, telephone service (VOIP) and data and video capability including video conferencing. The boxes' new IPtv cache also features music channels with corresponding video (when available), as well as "time shifted" services such as the ability to record one program while watching another, similar to the offering of TiVo (NASDAQ: TIVO - News). The set-top box is pre-bundled with a monthly subscription to eWAN's new Global Internet Television service, which enables subscribers to access their local TV stations, plus traditional broadcast television and content delivered in 36 major languages, anywhere on the planet and all on an "Ala Carte" pricing model, allowing subscribers the ability to pick and choose only those channels they are willing to pay for. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of eWan1, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. FOR FURTHER INFORMATION, go to the Company's website at: http://www.ewan1.com |
