For Immediate Release
May 4, 2004

AirNet's Latest Breakthrough Product to be Deployed in the Asia-Pacific Region

Melbourne, FL, May 4, 2004 - AirNet Communications Corporation (NASDAQ: ANCC), the technology leader in base station products for wireless communications, today announced that an existing, undisclosed customer has placed orders for approximately $1.1 million which includes multiple AdaptaCell® compact, outdoor base stations and AirSite® Backhaul Free™ TripCap™ base stations. The equipment will be utilized to provide GSM service on an island in the Asia-Pacific region. AirNet plans to ship these purchase orders in the second, third and fourth quarters of this year.

Powered by AirNet's broadband, SDR technology, the AdaptaCell compact, outdoor base station offers the same twelve carrier, ninety-six traffic channel capacity of the flagship AdaptaCell 4000 base station in an all weather outdoor package small enough to allow pole mounting. In addition, the AdaptaCell compact, outdoor base station operates on either A/C power, in its minimal configuration, or DC power and supports SuperCapacity™ adaptive array technology and high-speed data.

“The AdaptaCell compact, outdoor base station combines all the benefits and flexibility of the AdaptaCell SDR technology while providing GSM operators with reduced capital and operating expenditures,” said Timothy J. Mahar, Vice President of Sales for AirNet. “We will continue to listen to our customers and look for ways in which our products can enhance their bottom line with our 'future-proof' broadband, SDR technology.”

“We are committed to delivering advanced GSM solutions that are compact, rapidly deployable, and cost-reduced,” said Thomas R. Schmutz, Vice President of Engineering for AirNet Communications Corporation. “We have embraced the philosophy of doing more with less over the last twelve months and maintained a sharp focus on our customer BTS needs. The result is the release of the AdaptaCell 4000 product line including the SuperCapacity™ adaptive array software feature, the RapidCell™ base station, and the AdaptaCell compact, outdoor BTS.”

About AirNet

AirNet Communications Corporation is a leader in wireless base stations and other telecommunications equipment that allow service operators to cost-effectively and simultaneously offer high-speed wireless data and voice services to mobile subscribers. AirNet's patented broadband, software-defined AdaptaCell® SuperCapacity™ adaptive array base station solution provides a high-capacity base station with a software upgrade path to high-speed data. The Company's AirSite® Backhaul Free™ base station carries wireless voice and data signals back to the wireline network, eliminating the need for a physical backhaul link, thus reducing operating costs. The Company's RapidCell™ base station provides government and military communications users with up to 96 voice and data channels in a compact, rapidly deployable design capable of processing multiple GSM protocols simultaneously. AirNet has 69 patents issued or filed and has received the coveted World Award for Best Technical Innovation from the GSM Association, representing over 400 operators around the world. More information about AirNet may be obtained by calling 321.984.1990, or by visiting the AirNet Web site at

AirNet Press & Investor Contacts

Stuart P. Dawley
Investor Relations Officer
Tel: +1 321-953-6780

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

The statements contained in this press release that are not historical information are forward-looking statements that relate to future events or our future financial performance, including statements regarding our expectations, beliefs, plans, estimates, intentions or strategies for the future. Forward- looking statements include statements regarding the negotiation or conclusion of a financing transaction, the financial effects of a corporate restructuring, the transition and evolution to next generation products, and other statements relating to the company's outlook. All forward-looking statements included in this release are based upon information available to AirNet Communications Corporation as of the date hereof and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause our actual results to differ materially from those projected. Potential risks and uncertainties include, but are not limited to, risks or uncertainties, that our sales revenue is concentrated around one large customer; that the Company may not be successful in growing alliances with recently announced OEM resellers; that the company's new products may not be accepted by the market, and that the company may not be able to continue to operate as a going concern in the absence of investment capital or increased sales. These and other risks are discussed in Company filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003.

AirNet®, AdaptaCell® and AirSite® are registered trademarks with the U.S. Patent and Trademark Office. The stylized AirNet mark, Super Capacity™, TripCap™, Backhaul Free™, AdaptaSite™ and RapidCell™ are trademarks of AirNet. Other names are registered trademarks or trademarks of their respective holders.

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