AIRNET ANNOUNCES $1.5M IN EXPANSION ORDERS FROM TECORE -
Orders Will Expand Coverage Footprint in Afghanistan
Melbourne, FL, September 12, 2002 - AirNet Communications Corporation (NASDAQ: ANCC), the technology leader in software defined base station products for wireless communications, today announced that it has received approximately $1.5M in expansion purchase orders from TECORE Wireless Systems for deployment in the Afghan Wireless mobile network. These orders are for the purchase of AirNet's latest product, the Triple Capacity Digital AirSite®; Backhaul Free™ base station, commonly known as the "Trip Cap" and installation/commissioning services.
"Together with TECORE, AirNet has played an important role in the reconstruction of communications in Afghanistan," said Shiblie O. Shiblie, chief operating officer of TECORE. "With the introduction of Trip Caps into this market, AirNet has yet again proven it has the perfect solution for operators implementing both coverage and high capacity applications."
"In conjunction with our industry leading SDR technology, our core strengths include our people and their commitment to excellence," said Bill Lee, vice president of operations for AirNet. "The AirNet 'Services' team has provided exceptional product and technical support during the installation and commissioning of this first phase of deployment in Afghanistan. I expect that level of performance to continue."
In March 2002, TECORE placed approximately $10M in purchase orders with AirNet for deployment of an initial system in Afghanistan. Afghan Wireless has turned on service in Kabul, Herat, and Mazar-i-Sharif. Other regional markets are scheduled to come on line later this year. AirNet and TECORE personnel have been "in-country" over the last six months deploying the initial system for Afghan Wireless.
TECORE Wireless Systems was formed with a singular focus and mission to serve wireless service providers in rural and emerging markets across the world. The company mission is to deliver software based solutions that allow these operators to adopt newer technologies while still supporting their existing subscriber base. The company's AirCore® system supports the Mobile Switching Center (MSC), Home Location Register (HLR), Visitor Location Register (VLR), Authentication Center (AuC) functionality and incorporates prepaid services and gateway tandeming capabilities in a single yet extremely compact unit. The AirCore system is also the only MSC switching solution for smaller markets to simultaneously support GSM, CDMA, TDMA and GPRS/IP, as well as cross-roaming between GSM and ANSI-41 networks. With over twenty-five systems worldwide, TECORE has also achieved certification to the prestigious ISO 9001:2000 Quality Standard. Named one of the "20 Firms for the Next Generation," TECORE, Columbia, Maryland, is a global leader in converging wireless and IP networks and wireless enterprise systems solutions. For more information, please visit the TECORE website at .
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 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. AirNet has 70 patents issued or pending. More information about AirNet may be obtained by calling 321.984.1990, or by visiting the AirNet Web site at .
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, 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, 2001.
AirNet®, AdaptaCell® and AirSite® are registered trademarks with the U.S. Patent and Trademark Office. The stylized AirNet mark, 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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