mediag3 inc (MDGC) Snapshot

MediaG3 announced its new board and professional team to move the company forward. The new Board of Directors and corporate officers will consist of Byron Ryals, owner of Ryals Communication Engineering with experience in national marketing operations and citywide communication system deployments, as Vice-Chairman of the Board and Chief Executive Officer; Stephen Moynihan, a Business Appraiser with over 25 years of professional experience, as Director, Treasurer, and Chief Financial Officer; Robert Guidry with over 10 years of experience specializing in commercial litigation and product liability claims, as Director and Corporate Secretary; and Val Westergard, as Chairman of the Board and Chief Technology Officer.

MediaG3, Inc. confirmed the company's High Speed Wireless Network is now available to the public in select areas of Boise Idaho as announced in previous PRs.

MediaG3, Inc. has launched a first phase of its 4G+ Broadband Network in Eau Claire, Wis. The company has signed a Letter of Intent for $10 Million in funding that includes a joint venture effort in advancing the Wytec technology. The $10 million funding facility is being arranged under a number of institutional and accredited investors arranged by Innovation Capital Management, a subsidiary of CCI. The use of proceeds will be initially directed to the continued build-out of the Boise and Eau Claire networks.