Amplidyne To Install High Speed Wireless Internet Products in Ritz Carlton Rosehall, Montego Bay, Jamaica.

Business Editors

RARITAN, N.J.--(BUSINESS WIRE)--July 17, 2001

Amplidyne, Inc. (NASDAQ: AMPD), a manufacturer of power amplifiers and high speed wireless Internet access products, announced today that it has signed a multi-year agreement with Copia Wireless Communication, Limited of Jamaica to install Ampwave(TM) brand high speed wireless internet products in the Ritz Carlton Hotel in Jamaica.

Dave Bains, CEO of Amplidyne Inc. stated, "This is one of many markets that Amplidyne is aggressively looking to enter. The hotel industry is one more market to add to the ever-growing list that needs and desperately wants wireless equipment. Through our strategic partnership with Copia Communications, we expect to deploy Ampwave(TM) products throughout the Caribbean within the next year."

A.J. Momi, President of the Ampwave Division commented, "We are very excited about working with Copia and the Ritz Carlton Jamaica, which is a prestigious hotel. This is a perfect opportunity for Amplidyne to display our Ampwave(TM) equipment. Hotel guests will have the ability to take their laptops and roam freely throughout the hotel while staying connected to the Internet. We will be delivering for all hotel guests, high speed Internet service with ease of use and flexibility. This is also a great opportunity for Amplidyne to showcase our product line in front of top level executives that use the hotel for conferences, meetings and leisure."

Darryl Wehmeyer, CEO of Copia Communications stated, "There are numerous opportunities for us in the Caribbean and we feel extremely confident that with Amplidyne, as our strategic partner, we will be able to meet the demand. Amplidyne has impressed us with their knowledge of the wireless industry and we expect to leverage this knowledge to grow in the marketplace.

More information on Amplidyne, Inc. can be found at: Website: http://www.amplidyneinc.com

http://www.ampwave.com

Certain information contained in the press release is forward-looking. Actual results might differ materially from the forward-looking statements contained in the press release. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks involved in the successful expansion by the Company into the hotel industry, the success of the strategic relationship and agreement with Copia, the successful expansion in the Caribbean by Copia and/or the Company, the expansion of business with sales made by ISP's, starting new product lines, the ability to enter into strategic relationships and joint-venture partnerships, competition, managing expansion, modifications to specifications requested by customers, fluctuations in purchase orders, or customers' failure to meet their forecasted usage, requirements for new product developments and product obsolescence, risks involved in sales outside of the United States(such as reversionary environments, longer collection periods, trade barriers, regulatory requirements, currency fluctuations), and other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with Securities and Exchange Commission.