AirNet To Conduct Field Trial With Major Asian Telecommunications Operator.Business Editors/Technology Writers MELBOURNE, Fla.--(BUSINESS WIRE)--Aug. 22, 2000 As part of its strategy to expand its customer base to include larger operators, AirNet(R) Communications Corporation (Nasdaq: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) ) has signed an agreement to conduct a field trial of its wireless base station systems with one of the major telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. operators in Asia. The operator, with over 500,000 subscribers and more than 1,000 employees, has an installed base of almost 2,000 base stations. It is a subsidiary of a leading provider of fixed line, cellular and Internet services in Asia and Africa, with revenues of over $2 Billion (US) and over 4 million subscribers. Their strategy includes a policy of investing substantially in upgrading and renewing its network to provide affordable multimedia services to home and business users. AirNet will conduct a demonstration of its GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. (Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. ) infrastructure equipment, including the AdaptaCell(TM) broadband, software-defined Base Transceiver Stations Base Transceiver Station (BTS) is the equipment which facilitates the wireless communication between user equipments (UE) and the network. UEs are devices like mobile phones (handsets), WLL phones, computers with wireless internet connectivity, WiFi and WiMAX gadgets etc. (BTSs), AirSite(R) Backhaul Free Base Stations(TM), and associated common equipment. "We are pleased to be working with one of the large, top-tier international operators," said Lee Hamilton, 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. of AirNet. "As we have anticipated, the larger operators are now taking notice of AirNet's cost-effective solution for expanding coverage and capacity. This is a great opportunity for AirNet to demonstrate and ultimately deploy our equipment in a region of the world where wireless services are rapidly growing." The demonstration is scheduled to begin this fall and be completed in early 2001. Further information about the trial was not disclosed at the customer's request. "This demonstration illustrates the strength of our wireless solution and the continued success of AirNet providing leading edge products to a growing number of operators worldwide," stated Glenn Ehley, senior vice president, worldwide sales and marketing at AirNet. "The ability to upgrade their base stations as they evolve to high speed data services was an important factor in selecting AirNet. We look forward to successfully completing the demonstration and implementing the much larger network." AirNet Communications Corporation provides wireless base stations and other telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. equipment designed to allow service operators to cost-effectively offer simultaneous wireless high-speed Internet See broadband. and voice services to mobile subscribers. The Company's AdaptaCell(TM) incorporates a patented radio architecture that is designed to enable operators to offer these services by upgrading base station software rather than deploying new base station hardware. The Company's AirSite(R) Backhaul Free Base Station(TM) carries wireless voice and data signals back to the wireline network without a physical communications link - usually a digital T1 phone line. As a result, an operator's fixed network operating costs operating costs npl → gastos mpl operacionales may decrease substantially. AirNet Communications Corporation's award winning wireless base station products, based on over 60 patents either issued or filed, provide a cost effective, future proof solution for wireless operators as they deploy and expand their networks. AirNet's patented broadband, software-defined AdaptaCell(TM) base station provides a high capacity base station with a software upgrade path to the wireless Internet. The AdaptaCell's patented technology means no more time consuming and expensive hardware upgrades - the wireless Internet is only a software upgrade away. And, with software control, AirNet lets service providers support multiple protocols simultaneously avoiding costly overlays. The AirSite(R) Backhaul Free Base Station(TM)'s award winning architecture eliminates the need for a physical backhaul link, thus reducing operating costs. AirNet base station products won the prestigious "GSM World Award" for technical innovation for AdaptaCell's software upgrade to the wireless Internet and for AirSite's revolutionary wireless backhaul capability. AirNet is a wireless base station technology leader. AirNet can be contacted in the US at 321-984-1990 or visit us at www.aircom.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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 The statements contained in this press release that are not historical information are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" 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, and fluctuations in our quarterly revenues and operating results. 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, 1999. AirNet(R) and AirSite(R) are registered with the U.S. Patent and Trademark Office. AdaptaCell(TM), Backhaul Free Base Station(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. |
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