Eagle Broadband's IT Services Satellite Group to Grow Dallas Division
Posted on: Wednesday, 25 July 2007, 09:18 CDT
Eagle Broadband, Inc. (OTCBB: EAGB), a leading national provider of broadband, Internet Protocol (IP) and digital communications technology and services, today announced that its Eagle Satellite Systems Group (ESS) within the IT Services division will relocate two key Team leaders to Dallas to grow the ESS Dallas operation.
Donna and Steve Smith will head up the Dallas/Fort Worth Area office located in Grand Prairie, TX. Effective immediately, Donna is the Office Manager and Steve is the Installation Manager, Satellite Services for the Grand Prairie office overseeing all VSAT Satellite installations in the North Texas area as well as central and north Louisiana. They have twenty-three years combined experience in the commercial satellite dish installation and service business, playing key roles in managing ESS's record revenue breaking first three months.
It was previously announced that the group's April revenue exceeded original expectations by 80 percent, and that the group also exceeded its expected first three month target by generating $525,000 in revenues. Strengthening our Dallas operations is expected to increase revenues arising from that area and should position us for expanded opportunities in nearby geographic markets.
"Donna and Steve are the heart and soul of our commercial VSAT satellite group. Simply put, they produce solid revenue results with strong associated gross margins. We look forward to them equaling their success in Dallas with what we have witnessed from them in the Houston area. We have a strong team to pave the way," said Tony Cordaro, Vice President and General Manager of IT Services of Eagle Broadband.
He added, "The key to Eagle's success is that our leaders build capable teams with good, sincere, hardworking individuals who really care about their craft. We have confidence in our groups in both Houston and Dallas. Our growth in the Satellite sector of IT Services is a direct result of the hard work, dedication and professionalism of our team members."
Nancy Whitehurst will continue as lead ESS Project Coordinator in the Houston, TX office and Jimmy Jones, a seven year veteran with Eagle management, will be the Director of Satellite and Communications Services for both the Houston and Dallas areas. "This strengthens the solid foundation that Donna and Steve Smith developed over the years. And, represents a major commitment of Eagle's resources to a productive revenue generating sector," Cordaro stated.
Cordaro went on to say, "Nancy Whitehurst has over eight years of experience serving our clients and 25 years of service to the oil and gas industry. Her proven professionalism is a big plus with the clients whom we now provide with satellite installations. I am personally and professionally proud to be associated with such a team. Eagle's Satellite Systems group continues to lead IT Services with revenue growth and we expect to see more records broken as we continue to expand."
About Eagle Broadband, Inc.
Eagle Broadband is a technology company that develops and delivers products and services through its two core divisions:
IPTV -- Eagle Broadband's IPTVComplete(TM) provides direct access to more than 250 channels of high-demand programming from popular entertainment providers, often using Eagle's high-definition, set-top boxes set-top boxes which also sell into hospitality markets.
IT Services - Eagle Broadband's IT Services Group is a full-service integrator offering a complete range of network technology products including commercial two-way VSAT satellite dish installation services, VoIP, remote network management, network implementation services and IT project management services.
For more information on Eagle Broadband, visit www.eaglebroadband.com.
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Forward-looking statements in this release regarding Eagle Broadband, Inc., 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, the company's ability to continue as a going concern, the company's liquidity constraints and ability to obtain financing and working capital on favorable terms, the 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.
Source: Business Wire
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