BOISE, Idaho, Jan. 28, 2013 /PRNewswire/ -- MediaG3, Inc.
(OTCPINK: MDGC) a provider of WiFi and wireless networks and
wireless broadband Internet solutions is pleased to announce recent
developments, current status, and immediate business plans.
MediaG3 announces its new board and professional team to move
the Company forward. The new Board of Directors and corporate
officers will consist of Byron
Ryals, owner of Ryals Communication Engineering since 1985,
a wireless application engineer with extensive experience in
national marketing operations and citywide communication system
deployments, as Vice-Chairman of the Board and Chief Executive
Officer; Stephen Moynihan, a
Certified Public Accountant and Business Appraiser with over 25
years of professional experience, as Director, Treasurer, and Chief
Financial Officer; Robert Guidry, an
attorney with over 10 years of experience specializing in
commercial litigation and product liability claims, as Director and
Corporate Secretary; and Val
Westergard, as Chairman of the Board and Chief Technology
Officer.
As part of the Boise Project previously announced, the Company
has installed WiFi network and wireless Internet equipment
throughout Idaho's Treasury
Valley, including the city of Boise in anticipation of aggressively
establishing a customer base of residents, neighborhoods,
businesses, government, healthcare, retail, public areas, campuses,
enterprise and first responders. During the past year,
MediaG3's service has been tested extensively throughout the
metropolitan area and has performed soundly. Over 100 users
have experienced and are extremely pleased with the signal strength
and delivery speeds.
MediaG3′s WiFi network and wireless Internet services provide
access to end users at speeds from 20 to 100Mbps as well as
higher-speed, point-to-point and point to multi-point wireless
Internet data links up to 1Gbps.
Several local installation companies in the Boise area have been engaged to connect
residents and businesses to MediaG3's WiFi network and wireless
broadband internet service. The Company anticipates
immediately adding new subscribers per month from a backlog of
customers wanting MediaG3's service. The customer base is
projected to expand exponentially as its service extends from
Boise to surrounding cities and
throughout Idaho.
MediaG3 will prioritize new WiFi network connections based on
the number of individual users within a particular area where
multiple users will be able to utilize the service at the same
location and any place people gather. The Company also plans
to offer its services to the many college students by building out
the network to campus buildings and dormitories and eventually
throughout sports arenas and stadiums. MediaG3's research
suggests gaming online is a significant activity of the student
population in and around Boise,
and with its "Faster than Fiber" high speed wireless internet
access, the Company seeks to attract the gamers and other heavy
bandwidth users as part of its strategic marketing
campaign. MediaG3 fully expects to be the WiFi network and
internet access provider of choice for the high school and college
age students in Boise.
The future business plan includes expansion into other cities,
joint ventures with companies interested in enhancing their current
services with MediaG3's unique Micro Cell Flex Networks that
utilize a hybrid of technologies and components. These
networks are designed to flex or scale network throughput to allow
for quick and efficient deployment with speeds and capacity to
support the ever growing customer demand.
MediaG3′s WiFi network and wireless Internet solutions can move
much larger amounts of data through multiple spectrums offering a
primary or complimentary solution well fitted for urban and rural
areas.
To assist in accomplishing its goals, MediaG3 looks forward to
establishing a Shareholder Advisory Committee to be announced in
the near future to provide further guidance to the officers and
directors as to shareholder concerns, public relations, and
marketing strategies.
In addition, the New Board of Directors has authorized a share
buyback program, as cash flow and market conditions allow, with the
goal of returning up to 30% of the issued and outstanding shares to
the corporate treasury.
MediaG3 thanks its loyal shareholders who have continued to
encourage and support the Company during the past two years of
product development and launch. We are now deployed, and look
forward to sharing details of our activities, products and
services.
About MediaG3, Inc.
MediaG3, Inc. designs, develops and deploys WiFi and wireless
networks, ultrafast high speed wireless broadband Internet
products, services and solutions for today's fixed and mobile
customers. MediaG3′s products and services are specifically
designed to enable cost effective solutions for wireless
communications and content delivery to targeted customers, provide
complimentary off-load capabilities for other wireless providers
and wireless broadband Internet to those lacking in infrastructure,
speed or throughput. MediaG3′s near term business growth plan
is focused on developing and building small cell or micro cell
networks and network models to generate revenue via
subscribers. MediaG3, Inc., a Delaware corporation, is headquartered in
Boise Idaho. For more
information, or to register to receive updates, please visit their
corporate site http://www.mediag3.com/news.php.
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.
Investor Relations:
MediaG3, Inc.
Email: investors@mediag3.com
Phone: 208-321-4188 x 2
SOURCE MediaG3, Inc.