2007 Consumer Electronics Show Update: CES A Resounding Success For EGIL As Impressive Highlights Continue To Stack Up
LAS VEGAS & BOCA RATON, Fla. -- Edgetech International, Inc. (OTC:EGIL) is pleased to report that traffic to our 1,000 square foot booth (#12840), located in the Las Vegas Convention Center in between Samsung and Sony, continued to be overwhelming through day 3 and right up to the close yesterday. The response from the crowds participating in live demonstrations to The Edge, a unique, handheld, stand alone wireless unit with a built-in modem and full-screen display functioning at DSL-type speed, has been extremely positive.
The Edge remained victorious for all 4 days in a Speed Challenge offered to anyone with a wireless, handheld PDA or Pocket PC to test the speed of their unit against ours. According to Keith Jones, Edgetech’s Vice President and Executive Associate to the CEO, "If anyone visiting our booth could beat the speed of The Edge for performing Internet functions and accessing Web pages with their PDA, we would give them a free Edge unit. I'm very pleased to confirm, we did not give away a single Edge unit for the entire CES as it simply could not be beaten."
Management has been inundated with requests for media interviews and is taking full advantage of this priceless exposure. Live, on-the-spot interviews have taken place with the CBS New York affiliate, WCBS-TV (Channel 2), for their 11-o'clock news segment featuring hot new technology products of the 2007 CES, BBC America, rawVEGAS.tv, and by Robert Scoble, owner of one of the premier Techno Blogs on the Web, PodTech.net.
Talented recording artist, Jesse Hart, performed live at the Edgetech booth, giving us the distinction as the only exhibitor to feature a live musical performance from a recording artist affiliated with a major record label. EGIL has solidified a partnership with legendary music manager Lou Pearlman and his multi-Billion dollar Trans Continental conglomerate for the purpose of co-branding The Edge with all existing and future acts with Trans Continental Records to capitalize on their long term bankable track record.
As a result of connections made at the CES, Edgetech is currently in preliminary talks on 4 potential distribution contracts for The Edge. Progress is being made daily and contracts are being worked on at this time specifying a minimum threshold of 5,000 Edge units for each of the 4 possible distribution deals. EGIL is also in preliminary discussion on 2 possible corporate co-branding contracts. These contracts would involve Edge units with customized features to facilitate increased productivity for field sales reps. EGIL has begun negotiations with a major consumer electronics retail chain in order to carry The Edge as part of their regular product line. We are both excited and encouraged by all of our potential expansion and look forward to providing updates on these negotiations as they become available.