Customers Continue to Grow
MELBOURNE, FL, October 31, 2001 - AirNet® Communications Corporation (NASDAQ: ANCC), the technology leader in base station products for wireless communications, announced it received follow-on orders from both Epic Touch and WestLink Communications for additional base station equipment. Together, these orders account for $600K of the approximately $7.5M in new purchase orders announced within the last three weeks.
The latest Epic Touch order will enable the independent telephone company to offer service to additional areas in its Midwest region via AirNet's AdaptaCell broadband, software-defined Base Stations and AirSite® Backhaul Free Base Stations.
"AirNet systems have been providing high quality and reliable service," said Bob Boaldin, president of Epic Touch. "AirNet's GSM infrastructure solution cuts our operational expenditures by more than half as we expand our network. Moreover, AirNet is the only vendor that furnishes us with a broadband, software-defined radio solution that is easily upgraded to support wireless data services."
WestLink Communications' newly purchased GSM equipment will be utilized in their Kansas network to enhance service in their core markets: "We continue to enjoy our relationship with AirNet," said Bill Hayden, general manager of WestLink Communications. "AirNet's Backhaul Free base stations allow us to serve areas that simply could not be justified economically with any other system, allowing us to expand the area we can serve. This approach adds a dimension to our business plan that gives us a strong competitive advantage."
The AirNet base station is a broadband, software-defined radio solution that allows wireless operators to easily migrate to GPRS and 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.
"The AirSite Backhaul Free solution has played an important role in our customers' business plans," said Glenn Ehley, president and CEO, AirNet Communications. "In addition, AirNet's software-defined radio technology is designed to keep them profitable in the long run by limiting the costs associated with migrating to GPRS and EDGE."
About Epic Touch
Epic Touch is a leading communications provider consistently delivering exceptional customer care and next generation services using the Epic Touch PCS brand. Epic Touch consistently is aware of and responsive to customer's wants and needs and is focused on delivering customer friendly communications services.
About WestLink Communications
WestLink Communications is a locally owned and managed wireless communication company established by two Kansas businesses that have been serving residents in the Midwest for many years. Pioneer Communication and Midwest Energy, Inc., created WestLink so that our customers could enjoy the latest advances in wireless telephone communications. Pioneer Communications is a telephone cooperative with headquarters in Ulysses, Kansas, and a 50-year history of bringing its customers the latest telephone services. In addition to providing landline telephone service in a 5,000 square-mile area of Southwest Kansas and Southeast Colorado, Pioneer also offers cable television, instructional video, and Internet services. Midwest Energy has roots in Kansas that go back over half a century. Today the company serves nearly 43,000 natural gas customers; 35,000 electric customers; and 1,800 propane users in central and western Kansas.
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 trademarks of their respective companies or organizations.
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