Eagle Broadband Continues Financial Community Tour

"Eagle's Senior Management Touts Sound Financial Base"



Apr 17, 2001, 01:00 ET from Eagle Broadband

    LEAGUE CITY, Texas, April 17 /PRNewswire/ -- Eagle Broadband (Amex:   EAG)
 announced today that the company's President and Chief Executive Officer, Dr.
 H. Dean Cubley, and Chief Financial Officer, Richard Royall, will meet this
 week with analysts, brokers, investment bankers and major investors in St
 Louis, Kansas City and Minneapolis. This Midwest trip is a continuation of a
 series of tours the company has scheduled to update key financial decision
 makers nationwide on Eagle Broadband and its plan to provide both broadband
 products and services to select market segments under its "Focused
 Diversification" business plan initiative.
     According to Dr. Cubley, "Our 'Focused Diversification' program has
 provided Eagle with a sound financial foundation that includes substantial
 cash reserves, an extensive order backlog and a growing customer base for the
 company's broadband products and services. We believe it's important the
 investment community realize that, while some technology companies may have
 faltered under current market conditions, Eagle's immediate and recurring
 revenue model has been designed to take advantage of a variety of
 opportunities during these challenging times. We're convinced it's the perfect
 time to bring the financial community up-to-date on the potential Eagle
 Broadband offers investors."
 
     About Eagle Broadband
     Eagle Broadband (d/b/a for Eagle Wireless International, Inc., and its
 subsidiaries) is a leading supplier of broadband wired and wireless products
 and services, including advanced set-top boxes, one- and two-way wireless
 messaging equipment, specialized mobile radio products and remote data
 acquisition and meter reading systems. With Eagle's recent merger with
 ClearWorks.net, the company has also become one of the leading providers of
 Fiber-to-the-Home (FTTH) for neighborhoods and businesses utilizing the
 company's Bundled Digital Services (BDS). These services include high-speed
 Internet connectivity, dial-tone, digital multi-channel video, a community
 Intranet and other digital services. The company is headquartered in League
 City, Texas, south of Houston, near the NASA Johnson Space Center. Further
 news updates on Eagle Broadband, its products and services are available at
 www.eaglebroadband.com, www.eglw.com, www.broadbandmagic.com,
 www.atlanticpacific.net, www.etoolz.com, www.clearworks.net and
 www.nfnonline.com/eag.
 
     Forward-looking statements in this release regarding Eagle Wireless
 International, Inc., d/b/a Eagle Broadband, and its subsidiaries 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.
 
 

SOURCE Eagle Broadband
    LEAGUE CITY, Texas, April 17 /PRNewswire/ -- Eagle Broadband (Amex:   EAG)
 announced today that the company's President and Chief Executive Officer, Dr.
 H. Dean Cubley, and Chief Financial Officer, Richard Royall, will meet this
 week with analysts, brokers, investment bankers and major investors in St
 Louis, Kansas City and Minneapolis. This Midwest trip is a continuation of a
 series of tours the company has scheduled to update key financial decision
 makers nationwide on Eagle Broadband and its plan to provide both broadband
 products and services to select market segments under its "Focused
 Diversification" business plan initiative.
     According to Dr. Cubley, "Our 'Focused Diversification' program has
 provided Eagle with a sound financial foundation that includes substantial
 cash reserves, an extensive order backlog and a growing customer base for the
 company's broadband products and services. We believe it's important the
 investment community realize that, while some technology companies may have
 faltered under current market conditions, Eagle's immediate and recurring
 revenue model has been designed to take advantage of a variety of
 opportunities during these challenging times. We're convinced it's the perfect
 time to bring the financial community up-to-date on the potential Eagle
 Broadband offers investors."
 
     About Eagle Broadband
     Eagle Broadband (d/b/a for Eagle Wireless International, Inc., and its
 subsidiaries) is a leading supplier of broadband wired and wireless products
 and services, including advanced set-top boxes, one- and two-way wireless
 messaging equipment, specialized mobile radio products and remote data
 acquisition and meter reading systems. With Eagle's recent merger with
 ClearWorks.net, the company has also become one of the leading providers of
 Fiber-to-the-Home (FTTH) for neighborhoods and businesses utilizing the
 company's Bundled Digital Services (BDS). These services include high-speed
 Internet connectivity, dial-tone, digital multi-channel video, a community
 Intranet and other digital services. The company is headquartered in League
 City, Texas, south of Houston, near the NASA Johnson Space Center. Further
 news updates on Eagle Broadband, its products and services are available at
 www.eaglebroadband.com, www.eglw.com, www.broadbandmagic.com,
 www.atlanticpacific.net, www.etoolz.com, www.clearworks.net and
 www.nfnonline.com/eag.
 
     Forward-looking statements in this release regarding Eagle Wireless
 International, Inc., d/b/a Eagle Broadband, and its subsidiaries 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.
 
 SOURCE  Eagle Broadband