July 13, 2005
AirNet Communications Receives US$1.4M in Orders from Telsom Mobile
Latest Network Expansion to Increase Coverage Footprint
Melbourne, FL, July 13, 2005 -
AirNet Communications Corporation (NASDAQ: ANCC), the technology leader in software defined base station solutions for wireless communications, today announced it has received purchase orders for approximately US$1.4M in products and services from Telsom Mobile in Somalia. These orders will help to expand wireless coverage throughout Somalia.
“This expansion will increase our mobile network capacity and enhance our coverage footprint,” said Mohamed Sheikh, Chairman of Telsom Mobile. “In the more than 5 years we have been working with AirNet, we have grown to be the leading provider of cellular service in Somalia.”
“We are very pleased that Telsom has once again selected AirNetís AdaptaCell® product line to best meet its service objectives,” said Glenn Ehley, president and CEO of AirNet. “Our SDR platform is a field-proven solution that can be immediately deployed and is easily upgradeable as Telsomís network continues to grow.”
Telsom Mobile has been a customer of AirNet since 2000 and is the leading operator in Somalia. With these orders, Telsom Mobile will have purchased and deployed more than $10M in equipment and services with AirNet throughout Somalia.
AirNet Communications Corporation is a leader in wireless base stations and other telecommunications equipment that allows 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 RapidCell™ base station provides government communications users with up to 96 voice and data channels in a compact, rapidly deployable design capable of processing multiple GSM protocols simultaneously. The Company's AirSiteģ 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 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 visiting the AirNet Web site at www.airnetcom.com.
For More Information:
Stuart P. Dawley
Investor Relations Officer
Tel: +1 321-953-6780
Harbor Statement Under the Private Securities Litigation Reform Act
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 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, credit risks from financed customers may hurt our results and in the absence of increased sales or investment capital, the Company may not be able to continue as a going concern. 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, 2004.
The stylized AirNet® mark, AirNet®, AdaptaCel®, and AirSite® are registered trademarks with the U.S. Patent and Trademark Office. Super Capacity™, TripCap™, Backhaul Free™, IntelliBSS™, iBSS™ and RapidCell™ are trademarks of AirNet. Other names are registered trademarks or trademarks of their respective holders.