EAG American Defense Systems, Common Stock

Eagle Broadband's Robust High Definition Package to Include Lifestyle & Entertainment Network SAN DIEGO and HOUSTON, Oct. 24 /PRNewswire/ -- WealthTV, the premier lifestyle and entertainment network in high definition, today announced that it has signed an affiliation agreement with Eagle Broadband (AMEX:EAG) to bring the network's lifestyle and entertainment channel to IPTV viewers across America via IPTVComplete(TM), the multi-channel, turnkey video solution for service providers offered jointly by Eagle Broadband and France Telecom subsidiary GlobeCast. Eagle Broadband will offer WealthTV in both digital and high definition formats. IPTVComplete is a turnkey video solution that reduces the time, effort and costs for new and incumbent broadband providers looking to offer high-quality entertainment services over their fiber or DSL broadband networks. The solution provides a unique combination of video content, headend infrastructure, satellite distribution and set-top boxes to offer a more profitable services deployment model. Eagle Broadband's video content, expertise delivering video services and IP set-top boxes, along with GlobeCast's superior satellite distribution capabilities, provide everything broadband providers need to deliver a robust bundle of video and interactive entertainment services. "Eagle Broadband is proving that it is committed to providing an exciting and robust high definition programming package to its viewers via its IPTVComplete video solution," stated Charles Herring, President of WealthTV. "WealthTV's broad appeal and ability to allow viewers to live the American dream now by simply watching their TV, will deliver what IPTV subscribers are seeking and dreaming of and in high definition." "Eagle's IPTVComplete subscribers will now be able to enjoy WealthTV's original and compelling programming featuring shows on exotic travel to luxurious lifestyles to programs on the latest medical advances, in standard digital and crystal clear high definition," stated Todd Daniels, vice president of IPTV Solutions at Eagle Broadband. "We are excited to add WealthTV to our robust channel line up of standard, high definition and on-demand programming." Eagle Broadband follows a number of successful WealthTV launches from myriad cities from Los Angeles, California to Stanford, Maine carried by numerous MSOs, including Charter Communications, Verizon, Armstrong, WOW, US Cable, Insight Communications, Champion Broadband, Metrocast and many others. WealthTV features a wide range of family-friendly, aspirational programs from exotic travel to entertaining and educational shows all designed to have broad appeal. Eagle Broadband and GlobeCast have previously announced that their IPTVComplete video solution is being used by AllAccess Technologies and Home Town Cable for multi-state roll-outs that include Texas, Ohio, Florida, Nevada, New York, and New Jersey. WealthTV, which is currently enjoyed by IPTV subscribers in Texas on Verizon's FiOS system, will be part of Eagle and GlobeCast's nationwide IPTVComplete roll-out. About WealthTV WealthTV is the premier lifestyle and entertainment network -- the destination for exclusive and original programming, simultaneously transmitted in high definition and standard definition. WealthTV delivers to viewers informative shows that provide invaluable insights on what every American dreams of -- from travel secrets to fast cars, from better etiquette to better investing, and much more. Televised 24 hours a day, seven days a week, viewers of WealthTV consider themselves to be successful wherever they may be in life. The network fills a television vacuum by delivering intellectually stimulating, thought-provoking entertainment and always-unbiased news from an insider's perspective. For more information, please visit http://www.wealthtv.net/. About Eagle Broadband Eagle Broadband is a leading provider of broadband, Internet Protocol (IP) and communications technology and services that create new revenue opportunities for broadband providers and enhance communications for government, military and enterprise customers. Eagle leverages years of proven experience delivering advanced IP-based broadband bundled services to provide service provider partners with a way to deliver next-generation entertainment, communications and security services to their subscribers. The company's product offerings include IPTVComplete(TM), the fastest, lowest cost way for broadband providers to deliver the most competitive IP video services, the MediaPro line of HDTV-ready IP set-top boxes that enable broadband providers and hotel operators to maximize revenues by delivering state-of-the-art, interactive entertainment services and the SatMAX(TM) satellite communications system that provides government, military, homeland security and enterprise customers with reliable non-line-of-sight voice and data communications from any location on Earth. The company is headquartered in Houston, Texas. For more information, please visit http://www.eaglebroadband.com/ or call 281-538-6000. (EAGG) Forward-looking statements in this release regarding Eagle Broadband, Inc., and WealthTV 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. Contacts: Frederick Reynolds Eagle Broadband 281-538-6034 Ronnie Welch CWR & Partners 508-222-4802 Dean Harris WealthTV 858-270-6900 DATASOURCE: WealthTV CONTACT: Frederick Reynolds of Eagle Broadband, +1-281-538-6034, ; or Ronnie Welch of CWR & Partners, +1-508-222-4802, , for WealthTV; or Dean Harris of WealthTV, +1-858-270-6900, Web site: http://www.wealthtv.net/ http://www.eaglebroadband.com/

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