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Thursday, 04/06/2006 8:36:12 AM

Thursday, April 06, 2006 8:36:12 AM

Post# of 1092
NEWS!!!


The Road to the OTCBB: Spartan Securities to File 15c211 Information & Disclosure Statement on Behalf of eWAN to Upgrade Pink Sheet listing Status

SANTA ANA, Calif., Apr 06, 2006 (BUSINESS WIRE) -- eWAN1, Inc. (Pink Sheets:EWAN) announced today that St. Petersburg, Florida-based Spartan Securities Group, Ltd. has assisted eWAN in composing an Information and Disclosure Statement that will be filed with Pinksheets.com, pursuant to Rule 15C2-11 of the SEC Securities and Exchange Act of 1934, in order to move the Company from "Unsolicited" Pink Sheet listing status to "Fully Compliant" listing Status. The status upgrade will require final NASD approval.
Bruce Palmer, eWAN's Chief Financial Officer, said, "A critical component in maximizing shareholder value and confidence is creating transparency at the corporate level. We have been working closely with Carl (Carl Dilley, Managing Partner of Spartan Securities) to complete the first leg of this journey and we cannot thank the team at Spartan Securities enough for all of their help." He continued, "Once we have completed the launch of our Global IPtv Service on April 19th, we can attack the next set of milestones including completion of all regulatory filings, in order to becoming fully reporting and migrate to the OTC Bulletin Board."

eWAN is set to launch its Global Internet television service and begin broadcasting on April 19, 2006 during the, "IPTV & Beyond" show at the Marriott Del Mar, San Diego, CA, which eWAN is co-sponsoring. In front of an audience of the world's leading telecommunications companies, including Motorola (NYSE:MOT), Alcatel (NYSE:ALA), Bell Canada, Siemens (NYSE:SI), and a host of others, eWAN will debut its first-to-market IPtv network by demonstrating and deploying its multiple channels of "On Demand" content delivered to subscriber's televisions through DSL or any other broadband Internet connection.

About eWAN1, Inc.

EWAN's wireless "Triple Play" Digital Media Center connects directly to a television to enable viewing of broadcast and cable television (IPtv), enables video-on-demand of movies and documentaries, features traditional Internet access, telephone service (VOIP) and data and video capability including video conferencing. The boxes' new IPtv cache will also feature music channels that will play music and the corresponding video if it is available, as well as provide "time shifted" services such as the ability to record one program while watching another, similar to the offering of TiVo (NASDAQ:TIVO). The set-top box is pre-bundled with a monthly subscription to eWAN's new Global Internet Television service, which is scheduled to launch on April 19th, and will enable subscribers to access their local TV stations, plus eWAN's initial 75 channels of "Ala Carte" traditional broadcast television and content delivered in 36 major languages, anywhere on the planet. eWAN believes it is the first company with the ability to deliver Internet TV with the clarity of high definition to its subscribers' TV sets. eWAN's wholly owned subsidiary, Direct Connect, will provide traditional broadcast television, including such popular programming as HBO, CNN (subsidiaries of Time Warner (NYSE:TWX), Showtime, (a subsidiary of Viacom International, ABC (a Walt Disney subsidiary (NYSE:DIS) and ESPN, allowing subscribers to pick and choose only those channels they are willing to pay for.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of eWAN1, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR FURTHER INFORMATION, go to the Company's website at: http://www.ewan1.com, or contact: Michael Selsman @ Public Communications - (310) 553-5732 or ms@publiccommunications.biz or Brass Bulls Corp - (866) 342.2700, Marc Lovito.

SOURCE: eWAN1, Inc.


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