Press Release Source: IBM and Eagle Broadband
IBM and Eagle Broadband Team to Deliver Community-Wide, Fiber-to-the-User Broadband Networks and Services
Tuesday February 10, 1:03 pm ET
ARMONK, N.Y. & LEAGUE CITY, Texas--(BUSINESS WIRE)--Feb. 10, 2004--
Partnership to Benefit Municipality, Utility District, Business,
Education, Healthcare and Residential Customers
IBM Corporation and Eagle Broadband, Inc. (AMEX:EAG - News), a leading provider of broadband and communications products and services, today announced they have signed a joint marketing agreement to design, build and operate state-of-the-art, fiber-based broadband networks and deliver an exclusive "four-play" of the most advanced bundled digital services (voice, video, data and security), video content and multimedia set-top box technology to communities nationwide.
Source: IBM and Eagle Broadband
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Under the terms of the agreement, IBM and Eagle will combine their collective knowledge, expertise and capabilities to meet communities' needs to deliver more advanced broadband and communications services to their residents, schools, hospitals and businesses. The companies will work together to help municipalities lower costs and accelerate the delivery of bundled digital services that can improve competitiveness, stimulate economic growth and development, attract businesses and residents, create jobs and improve quality of life. The broadband fiber networks the companies will make possible will provide high-quality communications services, greater value, increased choice and single-bill convenience to community members.
Capitalizing on IBM's leadership in providing comprehensive technology, consulting, systems integration and project management services and solutions to government, education, healthcare and businesses and Eagle's proven experience designing, building and operating fiber-based broadband networks, the relationship will enable the companies to better meet the rapidly growing demand from cities and towns interested in deploying their own advanced, community-wide broadband infrastructure.
"We have seen a significant increase in demand from our municipal customers looking for help deploying their own broadband networks," said Victor Ferreira, IBM Government Industry Executive. "Eagle's Fiber-to-the-User broadband experience, technology and services, combined with IBM's government experience, technology, consulting and integration services, provide a comprehensive solution for municipal customers who want to deliver better services to their communities and realize the productivity, economic growth and quality-of-life improvements they provide."
Dave Weisman, CEO of Eagle Broadband, commented, "This alliance with IBM allows Eagle Broadband to better serve municipal and utility district customers with best-of-breed, turn-key broadband solutions. From financing to design, to building and operating their fiber broadband networks, IBM and Eagle together provide the industry's most robust, end-to-end broadband technology and services solutions."
About IBM Global Services
IBM Global Services is the world's largest information technology services and consulting provider, generating record revenue and signings in 2003 of $42 billion and $55.5 billion, respectively. Some 180,000 professionals in more than 160 countries help clients integrate information technology with business value -- from the business transformation and industry expertise of IBM Business Consulting Services to hosting, infrastructure, technology design and training services. Leveraging IBM's unequalled scope and scale, IBM Global Services delivers integrated, flexible and resilient processes -- across companies and through business partners -- that enable clients to benefit from the on demand business model by saving money and transforming their businesses to be more competitive. For more information, visit www.ibm.com/services.
About Eagle Broadband
Eagle Broadband, Inc., is a leading provider of broadband, communications and enterprise management products and services. Eagle's exclusive "four-play" suite of very high-speed Internet, cable TV/video, voice and security monitoring Bundled Digital Services (BDS(SM)), HDTV-ready multimedia set-top boxes, and turnkey suite of financing, network design, deployment and operational services enables municipalities, real estate developers, hotels, multi-tenant owners and service providers to deliver exceptional value, state-of-the-art entertainment and communications choices and single-bill convenience to their residential and business customers. Eagle has extensive "last mile" cable and fiber installation capabilities and provides complete IT business integration and enterprise management solutions including network security, intrusion detection, anti-virus protection, managed firewall and content filtering to Fortune 1000 companies. Eagle also markets the Orb' Phone Exchange non-line-of-sight communications system that provides true "total" global voice and data communications services through the Iridium Satellite constellation to Fortune 1000 enterprises, commercial aviation, government, military and homeland security customers. The company is headquartered in League City, Texas, south of Houston, near the NASA Johnson Space Center. For more information, please visit www.eaglebroadband.com or call 281-538-6000.
Forward-looking statements in this release regarding Eagle Broadband, Inc., its subsidiaries, and IBM Corporation are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.
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Contact:
For Eagle Broadband:
Eagle Broadband
Investor Relations
Clareen O'Quinn, 800-628-3910 or 281-538-6000
coquinn@egbb.com
or
CWR & Partners
Ronnie Welch, 508-222-4802
ronnie@cwrpartners.com
or
For IBM:
IBM Global Services
Media Relations Manager
John Buscemi, 914-766-4495
jbuscemi@us.ibm.com
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