Eagle Oil Holding Company Inc.’s (EGOH:OTC) CEO Provides Update on Relationship With Sweratel

RENO, NV / ACCESSWIRE / August 28, 2015 / Pablo L. Nieto, Jr., CEO of Eagle Oil Holding Company, Inc. (PINKSHEETS: EGOH) wishes clarify the status of Eagle’s relationship with Sweratel AB. Mr. Nieto
states the following, “Our relationship is solid but changed and we are
very much in the business of deploying high-speed wireless networks
based on their technology. Sweratel recently announced that they had terminated our Exclusive Value Added Distributor (VAD)
agreement. We do not dispute this fact. That agreement required us to
make certain payments by a specified time. Since our capital raise plan
has not been completed, we were not in a position to make those
payments. Nevertheless, Sweratel has issued a statement clearly stipulating that we may still purchase the Sweratel product-line. Moreover they will continue to support us on a project by project basis as set forth in the statement letter.”

“It is our expectation that once we have completed our
recapitalization, we will proceed with numerous projects on our roster,
as I have previously disclosed. As we do that, we expect to petition Sweratel to negotiate a new agreement.”

Eagle Oil Holding Company Inc.’s (PINKSHEETS: EGOH)
wholly-owned, Pure Mobility, subsidiary will then announce contracts to
install its networks in a number of locations in the U.S. as well as
offshore that are expected to yield significant revenues for years to
come.”

For more information on Pure Mobility International Inc., please visit our website:

http://www.puremobilityintl.com/

Updates will be forthcoming. Shareholder inquiries are only to be sent to the following email address:

eagleoilholdingcompany@gmail.com

Legal Notice Regarding Forward-Looking Statements:

This press release contains forward-looking information within the meaning of section 27A of the Securities
Act of 1933 and section 21E of the Securities Exchange Act of 1934 and
is subject to the safe harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition involve
risks, uncertainties and other factors, which may cause the actual
results, performance or achievements of Eagle Oil Holding Company Inc.
to be materially different from the statements made herein. Except for
any obligation under the U.S. federal securities laws, Eagle Oil Holding
Company Inc. undertakes no obligation to publicly update any
forward-looking statement as a result of new information, future events
or otherwise.

SOURCE: Eagle Oil Holding Company, Inc.

ReleaseID: 431614