ADVISORY...Metawave Communications Corp. To Host a Conference Call Regarding Acquisition.Business/High Tech Editors ADVISORY...For Wednesday, Sept. 6, 2000 REDMOND, Wash.--(BUSINESS WIRE)--Sept. 5, 2000 What: Metawave Communications Corp. (Nasdaq:MTWV) will host a conference call to discuss it has entered into a definitive agreement to acquire privately held Adaptive Telecom, Inc., a developer of 3G compatible, adaptive embedded smart antenna technology. The acquisition will enable Metawave to accelerate the deployment of adaptive array smart antenna Smart antenna (also known as adaptive array antennas, multiple antennas and recently MIMO) refers to a system of antenna arrays with smart signal processing algorithms that are used to identify spatial signal signature such as the direction of arrival (DOA) of the signal, and use systems for 3G wireless networks to boost voice and data capacity by over 200 percent, solidifying Metawave's leading position in the wireless infrastructure marketplace. When: Wednesday, September 6, 2000 at 9:00 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT (6:00 a.m. PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT ) How: The conference call may be heard by dialing 1-888-894-4904 or via Web cast at www.vcall.com. Both live and replay Web casts will be available at www.metawave.com. Who: Bob Hunsberger, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Stuart Fuhlendorf, Senior Vice President and Chief Financial Officer About Metawave: Metawave(R)Communications Corp., a global smart antenna company, increases voice and data capacity for wireless carriers. The company's SpotLight smart antenna systems provide operators of CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , GSM and analog wireless networks with cost-effective capacity solutions that improve wireless network performance. Metawave's smart antenna systems have been deployed worldwide by leading wireless service providers to meet rapidly increasing demand for wireless voice and data services. Founded in 1995, the company is headquartered in Redmond, Washington Redmond is a city in King County, Washington, USA. It is situated on the eastern edge of the Seattle urban area, in what is known as the Eastside. In 2003 the Census Bureau estimated the city population was 46,391. , with offices in Dallas, Sao Paulo, Shanghai and Taipei. The company is publicly traded on NASDAQ under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors MTWV. For more information, call 1-888-METAWAVE or visit the company's Web site at http://www.metawave.com. |
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