May 5, 2003
RECEIVES $500,000 IN EXPANSION ORDERS FROM HAFATEL
AirNet's Products and Technology are a Perfect Fit for Guam
Melbourne, FL, May 5, 2003 - AirNet Communications Corporation (NASDAQ:
ANCC), the technology leader in base station products for wireless
communications, today announced that HafaTEL, an existing AirNet customer,
has placed orders for approximately $500,000 which include AdaptaCell®
base stations, AirSite® TripCap upgrade kits and maintenance
services. The equipment will be utilized to provide increased capacity
and coverage on HafaTEL's PCS network.
"AirNet's products and technology are a perfect fit for Guam," said John Wu, Vice President of HafaTel. "Whether we have a high traffic area that needs increased capacity, or an area that needs cost-effective coverage, you simply can't beat AirNet's value proposition. In fact, in often-harsh environmental conditions, AirNet's products provide outstanding reliability, quality and service. There is no doubt that AirNet's products and people have played a huge part in our rapid success and growth."
"We are always pleased when a loyal customer like HafaTEL comes back to AirNet for more of our world class products and services," said Bill Lee, Vice President of Services for AirNet Communications Corporation. "Mr. Wu and his team have done an excellent job of building HafaTEL's market share and providing its subscribers with GSM service that is second to none. Our rapidly deployable GSM solutions, such as the TripCap base station, have enabled HafaTEL to maximize its revenue opportunities by dynamically managing capacity demands. We look forward to continued development of our business relationship."
Providing PCS service since 2000 to the residents of Guam, HafaTEL has quickly emerged as the GSM service provider of choice for its residents. Situated on the paradise island in the Pacific, HafaTEL has over 10,000 subscribers and provides services to visitors from around the world.
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 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.
Stuart P. Dawley
Investment Relations Officer
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 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 lengthy and variable sales cycle; intense competition; inability to develop or deliver timely new features, products and technology; our reliance on a limited number of suppliers; in the absence of additional capital or without sufficient new sales, we may not be able to continue to operate as a going concern; our inability to support changing wireless standards; and product performance may vary based upon market conditions. 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, 2002.
AirNet®, AdaptaCell® and AirSite® are registered trademarks
with the U.S. Patent and Trademark Office. The stylized AirNet mark,
SuperCapacity, TripCap, Backhaul Free, and We're Ready
for Anything are trademarks of AirNet Communications Corporation.
Other names are registered trademarks or trademarks of their respective