and Data Transmission Network
Melbourne, FL, March 8, 2001 - AirNet Communications Corporation (NASDAQ: ANCC), the technology leader in base station products for wireless communications, has been selected by TMP Corporation to deploy a network of Global System for Mobile Communication (GSM) base stations that will provide high-quality wireless voice and high-speed data services for subscribers in portions of Illinois and Missouri.
The AirNet equipment will allow TMP to provide GSM and General Packet Radio Service (GPRS) to the area in the first quarter of 2001. AirNet's broadband, software-defined base stations will provide coverage within the urban areas, while the company’s backhaul-free base stations, designed specifically to cost effectively address coverage-limited areas by eliminating the need for expensive T1/E1 services, will be deployed in lower density regions.
"AirNet offered TMP a cutting-edge solution that will provide our customers a seamless path to higher speed services," said Walt Rowland, President of TMP. "AirNet’s award winning products will enable us to quickly and cost-effectively offer the highest quality voice and high-speed data services, making it possible to rapidly expand our coverage area and our customer base."
The first phase of the contract is valued at $2 million, with follow-on expansion orders expected to bring the total to $7 million.
"The compelling AirNet approach makes it possible for providers to economically offer high-speed services in markets of all sizes," said Lee Hamilton, president and CEO, AirNet Communications. "TMP is seeking to offer its growing customer base the very best services today while laying the groundwork for future, higher speed applications. We are pleased that yet another operator has chosen the AirNet solution to serve is customers."
The AirNet base station is a broadband, software-defined solution that allows wireless operators to easily migrate to GPRS or EDGE on their existing AirNet base stations by simply upgrading software. The upgrade can be performed remotely from a network control center, dramatically reducing the cost and time of deploying the solution to every cell site.
AirNet's base station solution delivers full GPRS capabilities. It supports all four GPRS coding protocols, which increases the maximum transmission speed to cost-effectively provide capabilities for a full range of new and enhanced services. The AirNet solution also ensures compatibility with all GPRS handsets and terminals, allowing for full data speed on most advanced devices and applications. By utilizing the AirNet solution, operators can simultaneously provide existing GSM service with the evolving GPRS and EDGE service.
“TMP has chosen AirNet because our compelling value proposition delivers immediate and long-term benefits,” said Glenn Ehley, senior vice president of worldwide sales and marketing at AirNet. “By selecting the most cost-effective coverage solution in the industry, TMP will not only be meeting the needs of their current subscribers, but preparing for the future with a solution that will allow for migration towards higher speeds and third generation networks.”
About TMP Corporation
TMP Corporation, owned by Adams Telcom a wholly owned subsidiary of Adams Telephone Cooperative and Illinois Signal Communications, Inc., provides service in a 6,000-plus square mile area that includes large portions of Illinois, Missouri and Iowa. Adams is the local telephone cooperative serving portions of 6 counties and provides telephone, CATV, wireless television, long distance, calling card services and Internet service for the area. Illinois Signal is a regional paging company and RF communications firm that provides paging services to Illinois, Missouri, and southeast Iowa.
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.
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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, 1999.
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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