MDGC MediaG3, Inc. featured news, full reports, and detailed charts
MediaG3, Inc. (MDGC/MDGC.PK) Wrap Up:
MediaG3, Inc. engages in the design and sale of interactive rich-media services and products for companies of all sizes. The company offers turnkey interactive rich-media services, deliver online marketing products, and wireless content delivering applications and systems. Its products and services include mg3 pro, an interactive marketing solution, which brings permission-based online campaigns through voice, sound, dynamic graphics, and streaming video; and mg3 studio, a digital marketing solution that the users build their opt-in mailing lists and publish their rich-media online advertisement, promotion, newsletters, press release, and other communications. The company’s products also com...MediaG3, Inc. (MDGC:OTC)
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Market Cap
156.3K
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Total Revenue
1.0M
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EBITDA
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P/S
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MDGC Top Compensated Officers
Executives, Board Directors
Key developments for MediaG3, Inc. (MDGC)
MediaG3 Inc. reported the progress on the company's developing WIMAX service roll-out strategy in the United States. The company announced that the company's expansion plan is advancing according to expectations in Las Vegas, Nevada. Recently, the company announced a successful service launch in Portland, Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho. This is part of the company's 19 state market roll out of WIMAX services.
MediaG3 Inc. reported the progress on the company's developing WIMAX service roll-out strategy in the United States. MediaG3 announced that the company's expansion plan is advancing according to expectations in Portland, Oregon. Recently, the company announced a successful service launch in Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho. This is part of the company's 19 state market roll out of WIMAX services. Imperial Wireless is excited to bring its IW4G WiMax Super Fast Mobile Broadband and Internet Phone Services to Portland, Oregon residents, businesses, students and mobile professionals the super fast mobile Internet experience they're used to having at home or the office, anywhere around town or on the go.
MediaG3 Inc. announced that veteran telecom executive John Griffith has joined the management team of the company as the President of WiMax Services. John Griffith has more than 20 years of leadership experience within the wireless industry, including strategic planning, marketing and sales, customer care, international business development and business development. Mr. Griffith's experience touches nearly every facet of wireless technology including start-ups, managing hyper-growth, restructurings, global partnerships, turnarounds, mergers, and acquisitions.
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Industry Analysis
| Valuation | MDGC | Industry Range |
| Price/Earnings | -- | Not Meaningful |
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| Price/Cash Flow | NM | Not Meaningful |
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MDGC transactions
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Target |
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Merger/Acquisition
August 31, 2009 |
Imperial Wireless, LLC |
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Merger/Acquisition
May 26, 2009 |
MediaG3, Inc., Broadband LMDS Technologies and Business |
More Recent News About MediaG3, Inc.
More news for MDGC
Cohen Independent Research Group Issues a "BUY" Rating With a $0.086 Target Price for MediaG3, Inc.
SANTA CLARA, CA--(Marketwire - 11/12/09) - MediaG3, Inc. (Pinksheets:MDGC - News) announced today that it has obtained coveted research concluding with a buy recommendation from Cohen Independent Research Group, Inc. "We (MediaG3) expect robust revenue growth from $7.4 million in 2010 to $39.1 in 2014 representing a CAGR of 51.6%. Our model assumes the Company raises capital through equity/debt of approximately $15.0 million during this period. The Company is eligible to receive grants from the US government. Operating margins are expected to increase from 22% in 2010 to 29% in 2014. We have valued the stock using Discounted Cash Flow (DCF) method to arrive at our long-term price target of $0.086, reflecting forward P/E multiples of 12.8x and 6.8x our estimated 2011 and 2012 EPS, respectively," says Cohen Research Group.The entirety of the Cohen Research report for MediaG3, Inc is available on MediaG3 web site (www.mediag3.com) and Cohen Independent Research, Inc. (http://www.grassrootsrd.com/CompanyDetails.aspx?cid=40).Joseph L. Anzalone, President & COO, had this to add: "Having the val...Click here to read the whole Article (external link)
MediaG3, Inc. Announces the Launch of Imperial Wireless(TM) IW4G Mobile Broadband Internet Service to Las Vegas, Nevada
SANTA CLARA, CA--(Marketwire - 11/12/09) - MediaG3, Inc. (Pinksheets:MDGC - News), is pleased to report the progress on the Company's developing WIMAX service roll-out strategy in the United States. MediaG3 announces that the Company's expansion plan is advancing according to expectations in Las Vegas, Nevada. Recently, the Company announced a successful service launch in Portland, Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho. This is part of the Company's 19 state market roll out of WIMAX services.The addressable market, demographics, and Company estimated revenue metrics for broadband internet services in the Las Vegas metro markets include the following:1) Estimated Las Vegas metro market shows a potential subscriber base of 558,383.2) Percentage of households using broadband and wireless services at 74%.3) Available broadband and wireless subscriber base is 413,203 households.4) With very conservative estimated market share to be captured by MediaG3 being 5%.5) Estimating subscribers' revenues of over $1,033,000/year initially."As part of our roll-out, we are now proud to launch IW4G WIMAX services to Las Vegas residents, businesses, students and mobile professionals the super fast mobile Internet experience they're used to having at home or the office, anywhere around town or on the go," said Val Westergard, Chairman, MediaG3, Inc. "We're pleased to provide this community a valuable new category of Internet service designed to make peop...Click here to read the whole Article (external link)
MediaG3, Inc. Announces the Launch of Imperial Wireless(TM) IW4G Mobile Broadband Internet Service to Portland, Oregon
SANTA CLARA, CA--(Marketwire - 11/10/09) - MediaG3, Inc. (Pinksheets:MDGC - News) is pleased to report the progress on the Company's developing WIMAX service roll-out strategy in the United States. MediaG3 announces that the Company's expansion plan is advancing according to expectations in Portland, Oregon. Recently, the Company announced a successful service launch in Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho. This is part of the Company's 19 state market roll out of WIMAX services.The addressable market, demographics, and Company estimated revenue metrics for broadband internet services in the Portland metro markets include the following:� 1) Estimated Portland metro market shows a potential subscriber base of 578,000. 2) Percentage of households using broadband and wireless services at 74%. 3) Available broadband and wireless subscriber base is 427,720 households. 4) With very conservative estimated market share to be captured by MediaG3 being 5%. 5) Estimating subscribers' revenues of over $1,069,000/year initially. "Imperial Wireless is excited to bring its IW4G WiMax Super Fast Mobile Broadband and Internet Phone Services to Portland, Oregon residents, businesses, students and mobile professionals the super fast mobile Internet experience they're used to having at home or the office, anywhere around town or on the go," said Val Westergard, Chairman, MediaG3, Inc. "We're pleased to provide this communit...Click here to read the whole Article (external link)
MediaG3, Inc. Announces Progress Report on Its WIMAX Roll-Out Strategy
SANTA CLARA, CA--(Marketwire - 11/05/09) - MediaG3, Inc. (Pinksheets:MDGC - News), is pleased to report the progress on the Company's developing WIMAX service roll-out strategy in the United States. MediaG3 announces that the Company's expansion plan is advancing according to expectation. Recently, the Company announced a successful service launch in Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho.The addressable market, demographics, and Company estimated revenue metrics for broadband internet services include the following:Keizer and Salem, Oregon:� 1) Estimated market for Keizer and Salem indicate a total addressable subscriber base of approx. 190,000. 2) Percentage of households using broadband and wireless services at 74%. 3) Available broadband and wireless subscriber base is 140,600 households. 4) Estimated market share to be captured by MediaG3 should be 5%. 5) Estimating initial subscriber "sign-up" revenues of over $350,000/year. Boise, Idaho:� 1) Estimated market for Boise, Idaho indicate a total addressable subscriber base of approx. 198,000. 2) Percentage of households using broadband and wireless services at 74%. 3) Available broadband and wireless subscriber base is 146,520 households. 4) Estimated market share to be captured by MediaG3 should be 5%. 5) Estimating initial subscriber "sign-up" revenues of over $366,000/year. Joseph L. Anzalone, MediaG3 President & COO, had this to add: "These metrics show that ...Click here to read the whole Article (external link)
MediaG3, Inc. Announces Veteran Telecom Executive to Join Management Team
SANTA CLARA, CA--(Marketwire - 11/02/09) - MediaG3, Inc. (Pinksheets:MDGC - News) announced today that veteran telecom executive John Griffith has joined the management team of MediaG3, Inc. as the President of WiMax Services. John Griffith has more than 20 years of leadership experience within the wireless industry, including strategic planning, marketing and sales, customer care, international business development and business development. Mr. Griffith's experience touches nearly every facet of wireless technology including start-ups, managing hyper-growth, restructurings, global partnerships, turnarounds, mergers, and acquisitions. He has extensive experience in complex business partnerships, both within the U.S. and internationally. Under Mr. Griffith's leadership and strategic planning abilities, USWest NewVector's cellular business grew from start-up to profitability, and to hyper customer and revenue growth. Eventually USWest NewVector became AirTouch Cellular and then Verizon Wireless, where Mr. Griffith served as the President of the Mountain Region, comprising seven western states.MediaG3 is delighted to have John Griffith join our team and he brings a wealth of knowledge and experience to the table, added MediaG3 President & COO, Joseph L. Anzalone. To attract an executive of John's caliber is a tremendous success for MediaG3. John will lead the WIMAX Services division of the company and build our operational and execution capabilities around these core products and services, added Mr. Anzalone.MediaG3 C...Click here to read the whole Article (external link)
MediaG3, Inc. Announces the Launch of Imperial Wireless IW4G(TM) Mobile Broadband Internet Service to Salem & Keizer, Oregon
SALEM, OR--(Marketwire - 10/26/09) - MediaG3, Inc. (Pinksheets:MDGC - News) announced today that it has officially rolled out under the Imperial Wireless brand IW4G's super fast mobile broadband Internet service to Salem and Keizer, Oregon. Consequently, consumers and businesses alike can now access the Internet wirelessly, at true broadband speeds at home, in the office, and on the go, anywhere in the IW4G coverage area. "MediaG3, Inc. is excited to bring IW4G, our exclusive trademark, to Salem and Keizer, Oregon residents, businesses, students, and mobile professionals. It's the Company's mission to deliver a super fast mobile Internet experience nationwide," said Val Westergard, Chairman, MediaG3, Inc. He continues, "We're very pleased to provide this community with a valuable new category of Internet service. By delivering connection speeds at up to four times faster that of 3G, we have designed our services to make people's lives more productive and enjoyable, wherever they choose to access service within our coverage area.""Our WIMAX service roll out strategy and plan is developing seamlessly, and we have very high expectations that subscriber demand will be exceptional for our 4G services in Salem and Keizer," added Joseph L. Anzalone, MediaG3, Inc. President & COO. Mr. Anzalone added: "As we reported previously, we are moving forward aggressively in the delivery of 4G WIMAX services in markets and communites poised for strong broadband internet growth. These markets in Oregon are a good representation of the type...Click here to read the whole Article (external link)
MediaG3 to Focus on Wimax Services Platform and Withdraws an Intent of Selling Certain Assets
SANTA CLARA, CA--(Marketwire - 09/14/09) - MediaG3, Inc. (Pinksheets:MDGC - News), a leading developer of broadband wireless products and services, announced today that it has terminated its asset sales discussions with ZipGlobal Holdings, Inc., effective immediately. The letter of intent disclosed in May regarding the same subject has been mutually terminated. "We plan to continue to explore business opportunities with the ZipGlobal leadership and hope to work with ZIPGlobal to develop a strategic partnership in the future," said Joseph L. Anzalone, President and COO of MediaG3, Inc."In the wake of our successful merger and acquisition of Imperial Wireless, we feel that we must focus all our resources on our plans for successful integration and execution, and our broadband wireless assets will be an important element in our planned roll-out and launch of the Imperial Wireless WIMAX service platform in the United States. We expect substantial broadband demand in the smaller cities and towns in the rural areas. We expect to be a leading service provider to serve these high growth markets," added Mr. Anzalone.About MediaG3, Inc.MediaG3, Inc. develops and markets broadband wireless technology products for today's fixed and mobile customers. MediaG3 is developing its integrated business and product lines to offer the best solutions for broadband wireless infrastructures. MediaG3 is based in Santa Clara, California, with an office in Shenzhen, China. For more information on the company, please visit ...Click here to read the whole Article (external link)
MediaG3 Announces the Commencement of the Final Phase to the China Pilot Project
SANTA CLARA, CA--(Marketwire - 10/08/09) - MediaG3, Inc. (www.mediag3.com) (Pinksheets:MDGC - News), a leading developer of broadband wireless products and services, is pleased to announce the launch of the final phase to its China Pilot Project in Yunnan Province, which has a population in the range of 45 million. This project features MediaG3's patent protected LMDS technology as the wireless link to the provision of digital cable television to underserved Chinese households in Yunnan Province. Under the sponsorship of China's distinguished Academy of Broadcasting Science, MediaG3 will be featured in a national demonstration of its LMDS technology within the cable network of Yunnan Cable, one of the larger cable television providers in Yunnan Province."We are delighted to advance to the final phase in our China Pilot Project with our distinguished partners in China," says Joseph L. Anzalone, MediaG3 President & Chief Operating Officer. "For over five years now, we have worked tirelessly to demonstrate our system capabilities to the growing broadband and mobile internet markets in China. This culminated in the successful awarding of a US Government grant by The United States Trade & Development Agency, after its independent and thorough due diligence on MediaG3's technology and market viability, to provide partial funding...Click here to read the whole Article (external link)
MediaG3 Announces the Launch of Imperial Wireless(TM) 4G WiMAX Services in Boise, Idaho
SANTA CLARA, CA--(Marketwire - 10/05/09) - MediaG3, Inc. (Pinksheets:MDGC - News), a leading developer of broadband wireless products and services, is pleased to announce the launch of Imperial Wireless(TM) 4G WiMAX services in Boise, Idaho within the 4G network powered by a major national carrier. The Imperial Wireless 4G WiMAX platform will provide "super fast" mobile internet service areas planned to reach up to 70 markets consisting of over 10 million people by the end of 2011. The Imperial Wireless 4G WiMAX platform currently delivers Ultra High-Speed Mobile Internet Service to 20 US markets. Targeted to serve commercial and residential consumers with true broadband speeds, services will be readily available at home, in the office, and on the go, anywhere within the planned coverage area. MediaG3 expects to greatly expand their full range of broadband services over the coming year.Unlike competitive wireless services, Imperial Wireless(TM) 4G WiMAX delivers a mobile broadband Internet experience on par with speeds typically experienced only on wired connections, like DSL. With 4G WiMAX services, customers can expect to see average download speeds of 3 to 6 mbps with bursts over 10 mbps. The customer experience is similar to that provided by Wi-Fi, but without the short range limitations of a traditional hotspot. The national carrier uses a 4G technology that differs from Wi-Fi, called WiMAX, which provides service areas measured in miles, as opposed to mere feet. In these markets, the 4G network utilizes an area-wide ...Click here to read the whole Article (external link)
