February 25, 2005
Receives $1M in GSM/GPRS Orders
Orders Will Expand Coverage and Add GPRS in West African Network
Melbourne, FL, February 25, 2005 - AirNet Communications Corporation (NASDAQ: ANCC) the technology leader in software defined base station products for wireless communications, today announced that it has received approximately $1M in expansion purchase orders from TECORE Wireless Systems for deployment with GuineTel, a subsidiary of Portugal Telecom, in Guinea-Bissau. These orders are for the purchase of AirNet's latest AdaptaCell® 4000 XE base station, related equipment and services. The majority of the products purchased are expected to ship to the customer in the current quarter.
This order will expand the existing capabilities of the GuineTel network by increasing capacity and coverage significantly. In addition, GuineTel will now be able to offer GPRS to its subscribers enabling web browsing, sending images and accessing email.
Innovation is the key to remaining competitive in our markets, said Jay Salkini, chairman and CEO for TECORE Wireless Systems. Together with AirNet, we're able to provide feature-rich, Internet-centric GSM/GPRS distributed mobility networks for operators that want to stay on the cutting edge of technology and continue to allow for rapid growth of their subscriber base.
Powered by AirNet's flexible broadband, SDR product architecture, the AdaptaCell 4000 XE is a compact, outdoor base station that offers the same twelve carrier, ninety-six traffic channel capacity of the flagship AdaptaCell 4000 base station in an all weather outdoor package small enough to allow pole mounting. In addition, the 4000 XE operates on either A/C power, in its minimal configuration, or DC power and supports SuperCapacity™ adaptive array technology and high-speed data.
GuineTel's network growth has been impressive, said Glenn Ehley, president and CEO for AirNet. AirNet and TECORE have repeatedly demonstrated the ability to bring rapidly deployable and scalable GSM communications systems into emerging markets."
TECORE Wireless Systems is a world leader in mobile communications systems and its AirCore® SoftMSC provides unparalleled functionality and scalability across wireless technologies and applications for both carriers and enterprises. The unique multi-protocol architecture facilitates voice, data, and multimedia from a common platform. The company's turn-key solutions include its AirCore SoftMSC at the core of the network in conjunction with advanced GSM/GPRS, CDMA and 3G base station solutions to deliver fully-integrated wireless communication services. TECORE is an ISO 9001:2000 certified company. For more information, please visit the TECORE website at www.tecore.com.
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 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 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 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 the negotiation or conclusion of a financing transaction, the financial effects of a corporate restructuring, the transition and evolution to next generation products, and other statements relating to the company's outlook. All forward-looking statements included in this release are based upon information available to AirNet Communications Corporation as of the date hereof and the Company assumes 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, risks or uncertainties, that our sales revenue is concentrated around a few large customers; that the company's new products may not be accepted by the market, and that the company may not be able to continue to operate as a going concern in the absence of investment 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, 2003.
stylized AirNet mark(R), AirNet(R), AdaptaCell(R), and AirSite(R)
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 Airnet. Other names are
registered trademarks or trademarks of their respective holders.