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Thursday, 02/07/2008 12:43:36 PM

Thursday, February 07, 2008 12:43:36 PM

Post# of 353190
PODM-0.0040


Podium Venture Group, Inc. Secures Third Tower Location for $500,000 Revenue Expansion
Wednesday February 6, 10:11 am ET


ATLANTA--(BUSINESS WIRE)--Podium Venture Group, Inc. (Pink Sheets: PODM - News) subsidiary Coastal Broadband announced today it has secured the third of six tower locations for its wireless network expansion. The Company has previously said it expects the expansion to increase yearly revenues by $500,000.
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"Coastal Broadband's expansion is well under way. The third tower site has been secured and quotes for tower equipment and installation services are coming. The final three locations have been selected. With Charlton County recently losing a large scale Internet provider, Coastal will reach out to Charlton and some state agencies to see if there is a vehicle that would allow that void to be filled. These are examples of how Coastal Broadband continues to fulfill the needs and meet the expectations of its investors and its neighbors," stated Ron Ham, President of Coastal Broadband.

“Coastal Broadband is making tremendous progress in its network expansion. Coastal continues to move forward in the right direction to secure itself as the premier Wireless Internet provider in the Southeast,” said Rob Loud, President of Podium Venture Group. “Podium Venture Group has made significant improvements in revenues in the past 5 months and will continue to do so.”

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
info@podiumvg.com
404-474-1467
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