Antennas America Reports Q2 and the Results of the Winncom Acquisition.

Business Editors & High-Tech Writers

WHEAT RIDGE, Colo.--(BUSINESS WIRE)--Aug. 15, 2000

Antennas America, Inc. (OTCBB:ANTM) today reported results for the three months and six months ended June 30, 2000.

Sales for the three months increased 142% to $2.9 million as compared to $1.2 million for the same period last year. Six month year to date sales increased 129% to $3.9 million as compared to $1.7 million for the same period last year. The increase in revenues for both periods resulted primarily from the acquisition of the Winncom business, which was effective on May 24, 2000, for only the last 37 days of the period. The second quarter resulted in a loss of $137,000 as compared to income of $6,000 for the same period last year, and the six months ended June 30, 2000, resulted in a loss of $241,000 as compared to a loss of $86,000 for the same period last year.

To accelerate growth, as previously announced, Antennas America is transitioning to an end-to-end wireless solutions company and will propose to its shareholders later this year to change the Company name to ARC Wireless Solutions to better represent the new business model. On May 24, 2000, the Company took its first step in implementing its strategic growth plan by acquiring all of the assets of Winncom Technologies Inc., a turnkey wireless supplier.

"The Company is investing not only to expand its market presence through enhancement of current product offerings, but also to complement this effort with more inclusive wireless solutions. Winncom Technologies is the first of several anticipated acquisitions of the Company," stated Glenn Befort, the recently appointed Chief Executive Officer of the Company, who was previously with Siemens. "With the addition of Winncom's wireless networking expertise to the Company's success in the antenna solutions business, we anticipate significant growth in the broader wireless markets both domestically and globally," added Mr. Befort.

On a pro forma basis, the combined revenues of Antennas America and Winncom for the three months ended June 30, 2000, were $5.8 million as compared to combined revenues of $2.7 million in 1999 and, for the six months period, $9.7 million combined in 2000 as compared with $4.2 million combined in 1999. The Company's monthly sales revenues exceeded $2 million in both June and July 2000.

Antennas America, Inc., headquartered in Wheat Ridge, Colorado, with its Winncom subsidiary located in Solon, Ohio, is a high-technology company that designs, develops, manufactures, services and distributes a broad range of products for the wireless industry. The Company's wireless solutions and products are marketed through the Company's internal sales force and through numerous reseller distribution channels to support the infrastructure of the growing wireless market. For more information about the Company and its products, please visit our web sites at www.antennas.com and www.winncom.com.

This is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company's financial position. This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company's Annual Report on Form 10-KSB for additional statements concerning important factors, such as demand for products, manufacturing costs and competition, that could cause actual results to differ materially from the Company's expectations.