AirNet Communications Corporation Announces Appointment of Three New Board Members.

Business Editors/Technology Writers

MELBOURNE, Fla.--(BUSINESS WIRE)--Feb. 4, 2002

AirNet Communications Corporation (Nasdaq:ANCC), the technology leader in software defined base station products for wireless communications, today announced the appointment of Glenn A. Ehley, Susannah Tam, and Darrell L. Maynard to the board of directors.

"We are pleased to announce the appointments of these highly qualified and talented people to our Board," said James W. Brown, chairman of the board for AirNet. "Each of them has a diverse background and a record of achievement in their respective fields."

Mr. Ehley, a twenty year veteran of the telecommunications industry, is currently the president and CEO of AirNet. Mr. Ehley assumed the helm in August of 2001 and has led an aggressive restructuring effort focused on developing new business, reducing costs and conserving cash. Mr. Ehley, who has been with AirNet since 1995, has also previously held a variety of engineering and marketing positions at Siemens and Lucent Bell Labs.

Ms. Tam is director of investments for CDP Capital in Montreal, Quebec. Created in 1965 to manage Quebec public funds, CDP has since become a major player on the world financial stage, managing $125 Billion in investment portfolios.

Mr. Maynard began his career in communications in 1981. He is founder and president of Eastern Telephone Company, Inc., a privately held company located in Pikeville, Kentucky. Under his leadership, Eastern Telephone became the premier interconnect and computer service organization in rural Eastern Kentucky. He is the president of SouthEast Telephone, the only provider of alternative access services (Local Service, Long Distance, Internet & Paging) for rural Eastern Kentucky. SouthEast Telephone has the distinction of being the first authorized CLEC in Kentucky.

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(TM) base station solution provides a high-capacity base station with a software upgrade path to the wireless Internet. The Company's AirSite(R) Backhaul Free(TM) 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 filed 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 http://www.airnetcom.com.

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 historical and future losses, our limited operating history, fluctuations in our quarterly revenues and operating results, we may not meet the continued listing requirements for the Nasdaq National Market; our need to raise additional working capital, and the difficulty of raising capital due to economic conditions and the status of capital markets. 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(R) and AirSite(R) are registered trademarks with the U.S. Patent and Trademark Office. The stylized AirNet mark, AdaptaCell(TM), Super Capacity(TM), Backhaul Free(TM), and We're Ready for Anything(TM) are trademarks of AirNet Communications Corporation. Other names are registered trademarks or trademarks of their respective companies or organizations.