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PODM-0.0040



Podium Venture Group, Inc. Subsidiary Coastal Broadband Increases Monthly Recurring Revenues $7500
Thursday February 7, 8:50 am ET


ATLANTA--(BUSINESS WIRE)--Podium Venture Group, Inc (Pink Sheets: PODM - News) subsidiary Coastal Broadband announced it has increased its monthly recurring revenues by $7500 starting in February 2008.
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"Coastal Broadband continues to increase the value of the company by driving long term revenue from new municipal relationships in the Wireless Internet sector. Revenues in 2008 will increase by over $7500 from one new contract. And with the addition of a new tower per month for the next six (6) months, this will drive residential and commercial customer growth increasing revenues there as well. With other companies continuing to drop out of the picture, Coastal is poised to continue to drive growth and revenues in 2008," said Ron Ham, President of Coastal Broadband.

“It is exciting to see the growth at Coastal Broadband,” stated Rob Loud, President of Podium Venture Group. “This one contract represents an immediate monthly revenue increase of over 10% for Coastal Broadband. This is a tremendous example of how Coastal Broadband expects to be able to raise their annual revenues by $500,000 in 2008.”

Podium Venture Group Inc. (http://www.podiumvg.com) is a holding company with holdings in wireless broadband, disaster recovery & business continuity, real-estate, and sports apparel. Coastal Broadband (http://www.coastalbb.com) is a subsidiary of Podium Venture Group and is a wireless broadband provider in Southern Georgia. Noh Limits Consulting (http://www.nohlimits.com) represents Podium Venture Groups holdings in the disaster recovery & business continuity markets.

This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.



Contact:
Podium Venture Group, Inc.
Rob Loud
[e-mail]
404-474-1467

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