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EWAN Inks Agreement with PC Connection ServicesSANTA ANA, Calif. --(Business Wire)-- June 8, 2006 -- EWAN 1 Inc. (Pink Sheets:EWAN) today announced that PC Connection Services and EWAN have signed a contract wherein PC Connection Services will be a reseller of EWAN's revolutionary new products for IPTV -- the EWAND and its Enhanced Security Device SecureKey (ESD). EWAN's products are expected to become available early-to mid-third quarter 2006. The EWAN SecureKey Enhanced Security Device (ESD), which, when plugged into a USB port, enables TV viewers to transform their desktop computer or laptop into a TV wherever they are in the world by accessing EWAN's IPTV programming, including their hometown local stations. Designed and developed by EWAN, ESD is a miniaturized version of its DMC set-top box, scheduled to be marketed later this year. The ESD provides EWAN subscribers end-to-end Global Internet television service, via the Internet, of multiple channels of "On Demand," unbundled, subscribers choice of content, delivered to subscribers' television screens via any DSL or broadband connection. The EWAND, which resembles an enhanced remote control, communicates directly to the ESD. EWAN will have access to approximately 80-100 channels of entertainment, news, sports, and every other category of content now being telecast by cable and satellite companies and all other competitors via its wholly-owned Clearview Communications, one of the U.S.'s original cable broadcasters. Subscribers will join a new, private, exclusive TV network at a cost of approximately one-third of what is now charged by existing cable or satellite companies. Infonetics Research cites in its 2005 IPTV Equipment, Services, and Subscribers report that IPTV is set to skyrocket to 53.7 million subscribers, $44 billion in service revenue by 2009, and the number of IPTV subscribers in North America will increase 12,985% between 2004 and 2009. In addition, according to the Month issue of IP Television Magazine, there were 2.1 million IPTV users worldwide in the first quarter of 2005. About EWAN (www.eWAN1.com) EWAN's wireless "Triple Play" Digital Media Center connects directly to a television to enable viewing of broadcast and cable television (IPTV), enables video-on-demand of movies and documentaries, features traditional Internet access, telephone service (VOIP) and data and video capability including video conferencing. The boxes' new IPtv cache will also feature music channels that will play music and the corresponding video if it is available, as well as provide "time shifted" services such as the ability to record one program while watching another. Subscribers will also be able to access the EWAN Media Vault, which will contain an extensive VOD library, MP3 Music downloads & modern Video Games. The set-top box is pre-bundled with a monthly subscription to EWAN's new Global Internet Television service, which will enable subscribers to be able to access their local TV stations, plus EWAN's array of local, network and premium channels of "Ala Carte" traditional broadcast television and content delivered anywhere on the planet. EWAN believes it is the first company with the ability to deliver Internet TV with the clarity of high definition to its subscriber's TV sets. EWAN's wholly owned subsidiary, Direct Connect, will provide traditional broadcast television, allowing subscribers to pick and choose only those channels they are willing to pay for. www.ewan1.com 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. MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5165496 |
