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eWan Makes Big Impression at ``IPTV & Beyond'' Expo in San DiegoSANTA ANA, Calif. --(Business Wire)-- April 24, 2006 -- eWAN1, Inc. (PINK SHEETS: EWAN) announced today that the Company successfully debuted its live streaming Internet television service at the "IPTV & Beyond" exposition this past week at the Marriott Del Mar in San Diego, CA, to an enthusiastic audience of engineers, executives and industry personnel from some of the worlds leading telecommunications and technology companies exhibiting and attending the show, including Motorola (NYSE: MOT), Alcatel (NYSE: ALA), Bell Canada, Siemens (NYSE: SI), Tut Systems, Inc. (NASDAQ: TUTS) as well as a host of others. eWan's executive and technical teams were kept busy throughout the two day event, with three daily demonstrations and subsequent and extensive follow-up conversations and meetings with representatives from national retailers and distributors who were also in attendance to see the latest product arrays from IPTV industry leaders. In particular, management reported an overwhelming response to the Company's patented real-time decompression technology that enables eWan to deliver near high definition quality video over the internet, and on many occasions management found themselves approached by technicians and engineers from several of eWan's competitors expressing a desire to become first adopters and subscriber's to eWan's IPTV service when it becomes available to the public. Bruce Palmer, eWan CFO, remarked, "We went to the show expecting to elicit a certain 'WOW' factor response. After all, what we were unveiling had never been seen before...anywhere. The response we received, however, was far more exciting than what we had anticipated. When we did our demonstrations, jaws dropped. It was all a bit surreal." He continued, "We are looking forward to be conducting a number of post-show follow-up meetings that we have scheduled and are confident that some substantial developments will come as a result of them." 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, ClearWeave 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. |
