Advanced Radio Cells, Inc. --ARCi-- Closes $1.5 Million in Series B Additional Funding.

Business Editors/High-Tech Writers

CAMPBELL, Calif.--(BUSINESS WIRE)--April 9, 2002

Advanced Radio Cells, Inc. (ARCi), a leading provider of license-free broadband wireless solutions enabling ISPs and carriers to deploy profitable services for expanding their broadband subscriber base, announced the closure of $1.5 million in its Series B round of financing. Despite the difficult venture funding environment, ARCi's innovative business model and installed customer base attracted lead investors SBV Venture Partners and China Technology Ventures Management Ltd., as well as other investors.

James Bertonis, CEO and Founder of ARCi said, "We are extremely pleased with the financial support of our investment partners. Now, with this new round of funding, we can begin to increase our revenue base while continuing to grow our business infrastructure and to keep up with the customer demand for our products."

ARCi's innovative point-to-multipoint broadband wireless Internet delivery system is the first commercially available DOCSIS-compatible product to use the uncongested 5 GHz Unlicensed National Information Infrastructure (U-NII) spectrum. ARCi's product uses a Wireless Modem Termination System (WMTS) and a hub transceiver antenna at the base station, along with a transceiver antenna and cable modem at the customer site.

ARCi, headquartered in Campbell, California is a company dedicated to the delivery of innovative, high-capacity, and cost-effective wireless broadband solutions to ISPs, Carriers and System Integrators. Established in 1999, the company has formed critical strategic alliances and has assembled an outstanding team of highly experienced RF and systems professionals.

For additional information on ARCi, or the products they offer, visit their website at www.arcells.com or call 408/558-2760.