For Immediate Release
October 18, 2001

FCC Report Recognizes Importance of Software Defined Radios (“SDR”)
AirNet Continues to Leverage SDR Competencies

Melbourne, FL, October 18, 2001 - AirNet® Communications Corporation (NASDAQ: ANCC), the technology leader in base station products for wireless communications incorporating software defined radio (SDR) technology, announced today that its technology and products support emerging SDR standards and initiatives.  AirNet first developed base stations incorporating SDR technology in 1994 and deployed commercial SDR base stations in 1997.  Today, the Company continues to ship products with SDR technology, making it the only supplier of commercially available and deployed base stations incorporating broadband SDR technology for Global System for Mobile Communication (GSM) voice and General Packet Radio Services (GPRS) high speed data networks.

Recognizing the importance of SDR, the FCC, in its First Report and Order dated September 14, 2001, created a new class of equipment and associated authorization procedures.  In its Report the Commission stated, “We anticipate that software defined radio technology will allow manufacturers to develop reconfigurable transmitters or transceivers that can be multi-service, multi-standard and multi-band.”  Continuing, the FCC stated, “These changes will facilitate the deployment and use of this promising new technology, which we believe will facilitate more efficient use of the spectrum.”

"AirNet’s approach to SDR continues to win in the wireless marketplace," said Glenn Ehley, president and CEO, AirNet Communications.  “We are very pleased that the FCC has recognized the important role SDR plays in communications today and will play in the future.  Because of our commercially deployed broadband SDR technology, only AirNet offers the unique ability to seamlessly migrate from today’s 2G reality to tomorrow’s 3G protocols.  In addition, we will continue to pursue new markets and opportunities leveraging our SDR technology.”

The AirNet base station is a broadband, software-defined product that enables operators to easily accommodate new or multiple protocols on existing AirNet base stations by upgrading software.  The upgrade can be performed remotely from a network control center, dramatically reducing the cost and time of deploying the solution.  Moreover, AirNet easily supports multi-mode capabilities, considerably enhancing the value that customers receive.  SDR technology can be deployed in commercial wireless applications, military applications and public safety applications where multi-mode communications are necessary.

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 Internet and voice services to mobile subscribers.  AirNet's patented broadband, software-defined AdaptaCell base station solution provides a high capacity base station with a software upgrade path to the wireless Internet.  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. AirNet has 69 patents issued or pending 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 www.airnetcom.com.

For More Information:

Stuart P. Dawley
Investment Relations Officer
+1 321-953-6780
sdawley@airnetcom.com

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 transition and evolution to high-speed data and wireless Internet services, future sales to customers and customer deployment plans. All forward-looking statements included in this release are based upon information available to AirNet Communications Corporation as of the date hereof and we assume 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, our limited customer base may cause cash flow issues, competitive pressures may reduce gross margins, we may not be able to support developing wireless standards and protocols, we may not be able to develop new products and features, and credit risks from financed customers may hurt our results or require us to raise additional capital. 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, 2000.

AirNet® and AirSite® are registered trademarks with the U.S. Patent and Trademark Office. The stylized AirNet mark, AdaptaCell™, Super Capacity™, Backhaul Free™, and We're Ready for Anything™ are trademarks of AirNet Communications Corporation. Other names are registered trademarks or trademarks of their respective companies or organizations.


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