MediaG3 (MDGC)

[colemano]

MediaG3 Newsletter Corporate Update June 3rd 2010


Dear MediaG3 Shareholders,

I want to take this opportunity to thank you for your continued support.

MediaG3 hired AXS International to help us evaluate the company's strengths and weaknesses, opportunities and treats; address all of our options and help us put a strategic plan together to move the company forward. With their tremendous help and encouragement, we have put together what we feel is an amazing strategy for growth and have begun implementing the plan by first strengthening the foundation; recruiting new management, engaging new legal and accounting, identifying new potential revenue streams, mergers and acquisitions and raising capital to build this great company.

We've engaged CPAs and tax accountants to conduct a complete internal audit of our balance sheet, in order to properly submit our financials to PinkSheets and other agencies.

We are finishing up disussions with several merger and acquistion candidates, which will allow for new potential revenue streams, and will reveal these as the deals are inked. We are in final negotiations to obtain additional capital to fund the equipment for the next stage of our tower network build out program.

As our June 1st PR mentioned, we are very pleased to announce the first three members of our advisory board who are lending us their talent and experience. Lino Morris, David Boon and Ray Powers. All have an incredible history and have already begun bringing their contacts and influence to benefit MediaG3 and our shareholders. Their complete bios will be available on our website.

Lino Morris, brings over 40 years of telecommunications experience and his highly regarded reputation as a leading designer and developer of innovative switching and telecommunications technologies.

David Boon brings over 30 years of technical, sales, marketing and administrative management in the telecommunications and technology industries, specializing in telecommunications product distribution, development and system integration. Mr. Boon's experience in mergers and acquisitions and practical application for an array of technologies and market strategies, made him a logical choice.

Ray Powers, involved with several key tower networks over the past 40 years, has re-joined the MediaG3 team, to help design, develop and manage our tower and infrastructure division. We believe MediaG3's patent protected point to multi-point backhaul technology can play a strategic part in the future of wireless Internet delivery.

We have thus established a strong foundation and our plan is in motion.

Today, we are excited to announce MediaG3's Business Joint Venture with Unilava Corporation, a provider of diverse communication products and services. The companies have agreed to begin the joint venture with the purposes of providing Internet products and services to meet needs in undeveloped, underdeveloped and rural areas. The joint venture begins with the companies combined 70 carrier grade microwave towers in 22 states, and a strategy to identify and develop assets where needed. Additionally, the Companies will maintain office space, staff, sales & marketing, call center, engineering, technical and customer support at a headquarters in San Francisco, California.

Today, we are also announcing the launch of:

1. Our national tower and infrastructure network
2. Additional Internet, mobile and business phone products and services
3. National road side assistance operations
4. GPS tracking and location based programs
5. Local yellow pages, mobile advertising and coupon delivery;
6. Joint operations headquarters in San Francisco (look for the photos on the web site)
7. Shared office space with Unilava, and Telava
8. Shared staff, sales & marketing, call center, engineering, technical and customer support
7. As well as other revenue streams

The NEW MediaG3 includes:

A New Business Plan
A New Advisory Board
A New Management team
New Accountants
New Legal
New Joint Ventures
New Products and services
New Revenue Streams
New Web Sites Coming...
NEW profits and increased shareholders value

We believe you will see a very clear vision over the next two or three months, as we can tell you more.

I know, we have all been looking forward to releasing the "giant KaBoom news".

Things are playing out a little different than we thought they would; our growth will instead be a slower, steady build up, but with a greater potential effect over time.

We are just "booting up the new operating system"... and will reveal more of the details as we can.

Thanks again for your continued support.

Respectfully yours,

Val Westergard Chairman MediaG3, Inc.

"Together we can do great things"

About MediaG3, Inc.
MediaG3, Inc. develops, markets, and delivers broadband wireless technology products and services for today's fixed and mobile customers. MediaG3 has five US patent protected broadband wireless technologies and has received the US government grant and Chinese government approval for the company's China Pilot project intended to serve 900 million Chinese people in rural and interior regions. MediaG3 offers Internet access and Internet telephone via fixed and WiMax mobile wireless throughout the US, under the Imperial Wireless brand. MediaG3 will market their wireless broadband equipment, technology and technology licensing under the Wytec brand. Wytec and Imperial Wireless are wholly owned subsidiaries of MediaG3. MediaG3 is now headquartered in San Francisco, CA, has offices and a lab in Boise Idaho and an office in Shenzhen, China. For more information on the company, www.mediag3.com.
About Unilava Corporation
Unilava Corporation and its subsidiaries provide a wide variety of communications services, products, and
equipment that address the needs of small to large businesses and consumers. The company is licensed to
provide long distance services in 41 States and local phone services in 11 States. Through its carrier-grade
microwave wireless broadband infrastructure and broadband Internet access partners, the company offers mobile and high-definition IP-hosted voice services to residential, small and medium enterprises. The company
delivers small business a comprehensive and integrated suite of fee-based online and mobile advertising and
web services. Headquartered in San Francisco, the company has regional offices in Chicago, Seoul, Hong Kong, Shenzhen and Beijing China. For more information, please visit www.unilava.com.

About Telava Networks
Telava Networks, Inc. provides fixed and mobile WiMAX broadband solutions to residence customers, small and medium businesses, public safety organizations, schools, state and local governments in the United States; and operates a 24/7 network operations center in San Francisco. The Telava Marketing division provides online business directory services; and has strategic partnerships with Verizon, AT&T and Ameritech. The company was founded in 2003 and is headquartered in San Francisco California. For more information on Telava or more information on the company, www.telava.com.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements.

For additional information, Please visit our website at http://www.mediag3.com/news.html or contact Investor Relations:Daniel Baldridge, President of Gibraltan Financial at 407.830.9777 or email [e-mail]

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