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Replies to #72347 on Five and Under
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cintrix

10/28/03 1:33 PM

#72353 RE: Patsy #72347

EAG - did you see this news - I bought in:
Eagle Broadband Inks Distribution Agreement with General Dynamics for Global,

Satellite-Based Voice and
Data Communications Services

Business Editors/High-Tech Writers

LEAGUE CITY, Texas--(BUSINESS WIRE)--Oct. 28, 2003--

5-Year Agreement Will Make Lower Cost, Non-Line-of-Sight
Communications Technology Available to Government, Military, Homeland
Security & Emergency Management Customers

Eagle Broadband, Inc. (AMEX:EAG), a leading supplier of broadband
and communications products, services and content, announced today
that General Dynamics Decision Systems, a business unit of General
Dynamics (NYSE:GD), has signed a distribution agreement to sell and
support Eagle's breakthrough Orb'Phone Exchange communications
platform to customers in the U.S. Department of Defense (DOD), General
Services Administration (GSA), Defense Information Systems Agency
(DISA), and other U.S. and foreign government agencies.

First of Its Kind, Exclusive Capabilities

As the first and only technology permitting the use of Iridium(R)
satellite service in non-line-of-sight applications, the Orb'Phone
Exchange enables customers to quickly and easily make critical
communications services available to its end users operating in the
most demanding environments. The technology allows connectivity to the
Iridium(R) network to provide worldwide coverage that can greatly
enhance user productivity, mobility, problem solving,
field-to-headquarters collaboration, and emergency backup/response for
a wide range of mission-critical and everyday communications
applications.

Agreement Focused on Meeting Customer Needs

Under the terms of the agreement, General Dynamics will have
distribution rights for Eagle's exclusive Orb'Phone Exchange system to
government and military markets in the United States and the United
Kingdom. The Orb'Phone Exchange platform utilizes the Iridium(R)
satellite network to deliver truly global, satellite-based voice and
data services for multiple concurrent users in non-line-of-sight
environments such as within buildings, in obstructed areas, under
ground, or aboard in-flight aircraft. The product is ideally suited
for areas where voice and data communication service is not
traditionally available and mobility, flexibility, and reliability are
essential.
"The Orb'Phone Exchange has the potential to solve a variety of
communications challenges faced by many of our government and military
customers," said John Weidman, a senior director at General Dynamics
Decision Systems. "We intend to work closely with Eagle Broadband to
provide the widest possible deployment within our markets."
"We are delighted that General Dynamics selected the Orb'Phone
Exchange as its preferred, satellite-based, non-line-of-sight
communications solution," said Dave Weisman, chief executive officer,
Eagle Broadband. "By joining forces with General Dynamics, we can
offer customers a more comprehensive communications solution. We look
forward to working closely with General Dynamics to assist the company
in solving its customers' critical communications challenges."

Wide Range of High Value Applications

Applications and markets for the Orb'Phone Exchange include:

-- Ensuring continuous communications capabilities and position
information for small aircraft and highly mobile teams of
individuals.

-- Battlefield and forward-area communications.

-- Emergency management and first responder interaction under
emergency conditions.

-- In-building and below-deck extension of the suite of
Iridium(R) voice and data capabilities.

-- Multi-site voice and data communications back-up.

About Eagle Broadband

Eagle Broadband, Inc., is a leading provider of broadband,
communications and enterprise management products and services.
Eagle's exclusive "four-play" suite of very high-speed Internet,
cable-style television, voice and security monitoring Bundled Digital
Services (BDS(SM)), HDTV-ready multimedia set-top boxes, and turnkey
suite of financing, design, deployment and operational services
enables municipalities, real estate developers, hotels, multi-tenant
owners and service providers to deliver exceptional value,
state-of-the-art entertainment and communications choices and
single-bill convenience to their residential and business customers.
Eagle has extensive "last mile" cable and fiber installation
capabilities and provides complete IT business integration and
enterprise management solutions including network security, intrusion
detection, anti-virus, managed firewall and content filtering to
Fortune 1000 companies. Eagle also markets the Orb'Phone Exchange
non-line-of-sight communications system that provides true, "total"
global voice, data and Internet communications services through the
Iridium(R) Satellite constellation to Fortune 1000 enterprises,
commercial aviation, government, the military and homeland security
customers. The company is headquartered in League City, Texas, south
of Houston, near the NASA Johnson Space Center. For more information,
please visit www.eaglebroadband.com or call 281-538-6000.

Forward-looking statements in this release regarding Eagle
Broadband, Inc., 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.

--30--EB/ho*

CONTACT: Eagle Broadband, League City
Investor Relations
Clareen O'Quinn, 800-628-3910 or 281-538-6000
coquinn@egbb.com
or
CWR & Partners
Ronnie Welch, 508-222-4802
ronnie@cwrpartners.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET
GOVERNMENT AEROSPACE/DEFENSE
SOURCE: Eagle Broadband

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Oct-28-2003 18:00 GMT
Symbols:
US;EAG
Source BW Business Wire
Categories:
MST/G MST/I/ARO MST/I/NET MST/I/TEL MST/I/TLQ MST/R/US/TX TGT/BWN
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EdF

10/28/03 1:34 PM

#72354 RE: Patsy #72347

Patsy, nice find on UMCI. I like those lil pennies that are actually making money :-) Filings look clean, I'll keep on close watch.