Airespace Advances Wireless Enterprise Platform into Rapidly Expanding Korean Market; New Partners Include SP Korea, LG CNS, and POSDATA.

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--April 29, 2003

Airespace Inc. today took another important step in advancing its global leadership position in the enterprise wireless LAN space by announcing several key partnerships in the Korean market. These marquis partners, which include SP Korea, LG CNS, and POS Data, enable Airespace to deliver robust business-class wireless solutions throughout the Korean theater, one of the fastest growing markets for wireless LAN technology today.

"The Korean market is experiencing rapid adoption of wireless LAN technology," said Gene Yoon of KTBVentures, the largest private equity firm headquartered in Korea, and an investor in Airespace. "By jumping on this market well ahead of the competition, Airespace is strongly positioned as a market leader in this space."

Asia-Pacific's WLAN market generated US$421.2 million in revenue last year, up more than 58 percent from the previous year, according to Frost & Sullivan, a leading global telecoms consulting firm. The WLAN market for this region is projected to reach revenues of US$1.84 billion by 2009.

Korea is leading the charge in the Asia Pacific region, and the world, having installed over 8,000 hotspots in the last year and half, according to industry analysts at IDC. Driving this growth is the introduction of new "killer applications," such as voice-over wireless, in addition to the enhanced productivity that wireless technology and broadband bring to day-to-day business operations.

"To support enterprise-class applications like those driving the Korean WLAN market requires visibility and control of the radio environment, as well as high-performance wireless networking," said Alan Cohen, vice president of marketing at Airespace. "The combination of Airespace technology and partnerships with leading IT solution providers positions us to lead in this vibrant market."

Airespace's new partners include SP Korea, LG CNS, and POS DATA. These companies bring a broad range of expertise to Airespace, as well as an extensive sales and support footprint throughout Korea.

SP Korea

SP Korea is a consulting and advisory firm, which specializes in providing the next generation voice and data communications solutions for enterprise customers in Korea. SP Korea fulfills the critical needs of the market with its extensive worldwide network of technology partners, strong relationships with Korean leading system integrators, and more than 20 years of experience in guiding the enterprise communications market.

"Airespace offers an extremely feature-rich wireless solution," said Sung Park, CEO of SP Korea CO., LTD. "It will certainly address the many different wireless requirements we see emerging throughout Korea."

LG CNS

LG CNS is a main component of LG Group in Korea, providing integrated IT solutions in Korea and abroad. Founded in 1987, LG CNS has become an established leader in IT consulting, system integration, and systems management.

"Given the enormous penetration of broadband in Korea, and the growing excitement around wireless LANs, our relationship with Airespace is a strategic one," said D.H. Kim, Vice President of LG-CNS. "We are confident that the Korean enterprise market will embrace business critical WLAN technologies to improve business productivity and responsiveness."

POSDATA

POSDATA provides consulting services and solutions for a full range of network projects, from the deployment and operation of networks to the provision of communication services. Based on extensive industry experience, POSDATA enhances competitiveness by providing the best information technology services to major corporations and public organizations in the country as well as to overseas customers.

"The Korean market is particularly interested in using 802.11 technology for the delivery of voice services," said D.I. Jung, Sr. Manager of the Network Integrating Business Team at POSDATA. "Airespace provides an ideal infrastructure for this by forwarding traffic with minimal delay and delivering seamless mobility of voice devices throughout a wireless network."

About Airespace, Inc,

Airespace designs and develops wireless networking platforms that enable business critical-applications. By making wireless technology simple, seamless, and secure, Airespace is helping to make wireless Enterprises a reality.

For more information on Airespace and its products, visit www.airespace.com or call (+1) 408/635-2000.