Air Media Now Announces Content Agreement for Rich Media Delivery in Peoples Republic of China!

Business Editors/Technology Writers

CELEBRATION, Fla.--(BUSINESS WIRE)--April 24, 2002

Air Media Now! will be the Provider of Rich Media and Web Services

to Calypso Wireless Telephones in China

Air Media Now! (OTC:AMNW) a broadband wireless content and web services company announced today an agreement with Calypso Wireless to deliver rich media content and web services to Calypso phones scheduled for deployment in China as early as 4th Quarter 2002 and 1st Quarter 2003.

Joseph Sineno Jr., President of Air Media Now! stated: "The opportunity to provide rich media content in the form of video, music and sponsored advertising to over 100 Million Chinese subscribers is an absolutely staggering financial opportunity, we are excited that our partners have allowed us to leverage an existing $500 Million contract currently in place to deliver our technology solution!" Ivan Irana, Chairman of Air Media stated: "The opportunity has been long in the planning, with Calypso ASNAP(TM) mobile phones and access points being shipped with NowZone ready features, it was a logical next step to configure them with Air Media Now technology for the rapid, secure and synchronous delivery of rich media content and web services."

Carlos Mendoza, Chairman of Calypso Wireless, commented: "Having Air Media Now provide exclusive content delivery in China provides us another feature that adds to enhanced user experience."

The Company believes that this opportunity in China is a watershed event because it will demonstrate that it is uniquely positioned to bridge two converging marketplaces: Cellular and Internet Infrastructure/Enterprises through its device and software solution. With a successful installation the Company will demonstrate the ability to:

-- Seamlessly and physically switch subscribers between cellular and broadband
internet connectivity

-- Create a new distribution channel inside an emerging global purchasing power


-- Exploit that channel by providing proprietary technology to optimize the
user experience

Air Media Now! Inc., provides a complete line of wireless devices, content and web services that use patented automatic switching technology (ASNAP(TM)) to seamlessly handoff between existing cellular networks and emerging Wireless Local Area Networks (WI-FI(TM)) around the world. Its real Time Wireless Collaborative Area Network (WCAN(TM)) Computing Solutions synchronize existing legacy and emerging Internet based applications to the wireless device in order to provide security, increase efficiencies, and reduce costs.

As a distributor and global leader of broadband wireless web services technology, its exclusive license to resell Calypso Wireless ASNAP(TM) technology solves problems inherent to seamless hand offs between cellular and wireless networks. Its security and synchronization technology will enable users to extend their business enterprise and/or home environment to mobile devices. The Company believes that its end to end solution enables the acceleration of the deployment of high bandwidth mobile handsets, PDAs. Portable Personal Computers, notebooks and new emerging wireless form factors.

Calypso Wireless, Inc. is a wireless and mobile device manufacturer with revolutionary technology that seamlessly hands off cellular to wireless local area network connections. Calypso enables mobile users to seamlessly switch between cellular and wireless IP networks via the WLAN, accelerating wireless broadband deployment. Calypso Wireless designs, build and manufactures broadband access points, air cards, mobile handsets, and network components which make best use of both existing and future mobile carrier infrastructure and spectrum. Headquartered in Miami Lakes, Florida, more information about Calypso Wireless and its products and services is available at their website at http://www.calypsowireless.com

ASNAP is a trademark of Calypso Wireless Inc. All Rights Reserved. Calypso Wireless, Inc. 2002

EcoSync and Collaborative Area Networks trademarks are property of Syndeos Group. All rights reserved, Syndeos Group, 2002

This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs.