AirNet Communications
Successfully Completes Large Operator
Melbourne, FL, November 6, 2001 - AirNet Communications Corporation (NASDAQ:
ANCC), the technology leader in base station products for
wireless communications, announced the successful completion of a field trial
with a large Asian wireless operator. AirNet had previously sold the trial
system to an AirNet reseller who had consigned it to the large operator for
evaluation. The large operator has now purchased the trial system from the
reseller and it continues to process commercial traffic.
The operator is a large cellular carrier in Asia, with a customer base of
over 1 million subscribers. The GSM (Global System for Mobile Communications)
system purchased consists of an AdaptaCell™
broadband, software-defined base station, several AirSite® Backhaul
Free™
base stations and associated equipment amounting to approximately
US$500,000. AirNet also announced that it has finalized a sales and distribution
agreement with the local reseller who will have the right to sell AirNet
products and services to the large operator. This effectively positions AirNet
for future orders from the large operator as well as for providing full
in-country support of this customer. "This sale as well as the successful completion of the large operator
field trial is a significant accomplishment in our business," said Glenn
Ehley, president and CEO of AirNet. "This customer is a top-tier Asian
operator and AirNet plans on being a part of its growth strategy. This milestone
achieves AirNet's goal of a large operator purchasing AirNet's products and
validating our SDR technology." Due to competitive business concerns, the customer and the reseller have
specifically requested that AirNet refrain from disclosing their identity other
than the fact that they are a carrier and a local reseller based in Asia. The AirNet AdaptaCell is a broadband, software-defined solution that enables
wireless operators to easily to migrate to GPRS and EDGE using their existing
AirNet base stations by simply upgrading software. Such upgrades can be
performed remotely from a network control center, dramatically reducing the cost
and time of deploying the solution. Moreover, the AirSite Backhaul Free Base
Station provides an extremely cost-effective way to expand networks in secondary
and low-density areas. About AirNet
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.
AirNet
Communications Corporation, Copyright 1999-2003.
All Rights Reserved. |
