AirNet Communications Receives Order For GSM Community Cordless Electronia to Deploy ``Direct Link'' AdaptaCell BTS In Middle East.MELBOURNE, Fla. -- AirNet Communications Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ANCC ANCC American Nurses Credentialing Center ANCC Association Nationale des Cardiaques Congénitaux ANCC Army-Navy Country Club (Arlington, VA) ANCC Area Nine Cable Council (state mandated government body in UK) ), the technology leader in software defined base station products for wireless communications, today announced that it has received a purchase order for a validation system from Electronia, an authorized OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and reseller doing business in the Middle East. The AdaptaCell(R) 4000 base station is being sold with Direct Link(TM), AirNet's latest technology which enables direct connection of the base station to a PRI-enabled PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). or central office exchange. "AirNet's flagship AdaptaCell base station together with their Direct Link technology is of serious interest to operators in under-served markets in the Middle East," said Tariq Husain, vice president of business development and a board member for Electronia. "At just a fraction of the cost, this solution is far more cost-effective and rapidly deployable when compared to building conventional wireline networks. Our plan is to totally satisfy our customer with this initial validation system, and thereafter address the larger market opportunity." "Innovation is the key to remaining competitive in the GSM market," said Timothy J. Mahar, vice president of sales for AirNet Communications. "Our broadband, SDR See software defined radio. platform helps us eliminate the need for costly network elements such as the MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. and BSC (Binary Synchronous Communications) See bisync. so that wireless operators can provide a highly reliable, rapidly deployable community cordless network. The network can easily be expanded using AirSite(R) Backhaul Free(TM) base stations and later upgraded to the full mobility of GSM whenever business conditions permit." About Electronia Electronia is the provider of choice for highly advanced wired/wireless broadband communications systems, VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. systems, sophisticated trunking and switching technologies, secure smart card solutions, vehicle tracking systems, office automation, and state-of-the-art customized manufacturing. Electronia's Contactless Smart Card A smart card that uses radio frequencies to provide a wireless connection to the reader. The transmission range is only a couple of inches, but allows the card to be quickly passed by a reader in applications such as secured entrances. See smart card and UltraCard. technologies and VSAT TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). Dama Technology technically and commercially lead the market. Electronia also provides R&D, manufacturing, installation, operation and maintenance, training, engineering, software design, and consultancy services to its customers. As Electronia continues to expand abroad and across different market spectrums, its goal is to consistently deliver the best of the converging technologies, and to provide the tools that enable customers to achieve their own goals. Electronia and its affiliates are active in many countries around the world, including the Middle East, North America, Africa, and spanning such countries as Nigeria, Jordan, Saudi Arabia, Egypt, and Kuwait. Electronia's clients include some of the most important organizations, businesses, and governments in its markets. 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 data and voice services to mobile subscribers. AirNet's patented broadband, software-defined AdaptaCell(R) SuperCapacity(TM) adaptive array base station solution provides a high-capacity base station with a software upgrade path to high-speed data. The Company's RapidCell(TM) base station provides government communications users with up to 96 voice and data channels in a compact, rapidly deployable design capable of processing multiple GSM protocols simultaneously. 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 cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. 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 visiting the AirNet Web site at http://www.airnetcom.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 negotiation or conclusion of a financing transaction, the financial effects of a corporate restructuring, the transition and evolution to next generation products, and other statements relating to the company's outlook. All forward-looking statements included in this release are based upon information available to AirNet Communications Corporation as of the date hereof and the Company assumes 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, risks or uncertainties, that our sales revenue is concentrated around a few large customers; that the company's new products may not be accepted by the market, and that the company may not be able to continue to operate as a going concern in the absence of investment capital. These and other risks are discussed in Company filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003. The stylized styl·ize tr.v. styl·ized, styl·iz·ing, styl·iz·es 1. To restrict or make conform to a particular style. 2. To represent conventionally; conventionalize. AirNet mark(R), AirNet(R), AdaptaCell(R), and AirSite(R) are registered trademarks with the U.S. Patent and Trademark Office. Super Capacity(TM), TripCap(TM), Backhaul Free(TM), IntelliBSS(TM), iBSS(TM) and RapidCell(TM) are trademarks of AirNet. Other names are registered trademarks or trademarks of their respective holders. |
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