AirNet Receives
$1.7M In Orders From Redwood Wireless Melbourne, FL, March 13, 2002 -
AirNet® Communications Corporation (NASDAQ: ANCC), the technology leader in
software defined base station products for wireless communications, today
announced that Redwood
Wireless, a new AirNet customer, has placed orders for $1.7M of AirNet
equipment including AdaptaCell
Broadband, Software Defined Radio and
AirSite® Backhaul Free
base stations. Redwood has licenses in 12
rural markets in Minnesota, North Dakota, South Dakota, Michigan and
Wisconsin and the initial order will be deployed in five of those markets.
"While other vendors addressed some of
our concerns, AirNet was the only one that could address all five of our
objectives: reliability, speed to market to meet our initial buildout
requirements, flexibility to accommodate an evolving business plan, the
ability to scale up to larger capacity networks and a technology that
evolves easily to high speed data applications," said Joe Beran,
general manager of Redwood Wireless. He also indicated that he hoped to
place additional orders with AirNet for initial systems in Redwood's seven
other markets in the near future. "AirNet has proven to be the vendor of
choice as more and more operators with rural and highway coverage
requirements are discovering the enormous advantages and reliability of the
AirNet solution", said Glenn Ehley, president and CEO of AirNet.
"Allowing customers to deploy voice coupled with high speed data in
rural and highway locations provides a competitive advantage over
others." About Redwood Wireless Redwood Wireless is a division of Redwood
Telephone Company an Independent Telephone Company located in Wabasso,
Minnesota. Redwood Telephone Company has been in business for over 100 years
and provides service to Belview, Echo, Morgan, Seaforth, Vesta, Wabasso,
Walnut Grove, Wood Lake, and Redwood Falls-Red Del and Falls Junction
Minnesota. Redwood Telephone provides dial up internet along with DSL and
Broadband Data services to the communities served. 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 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
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