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MTEL RECEIVES INVESTMENT IN ITS PROPOSED TWO-WAY NATIONWIDE WIRELESS NETWORK

 JACKSON, Miss., Jan. 15 /PRNewswire/ -- Mobile Telecommunication Technologies Corp. (NASDAQ: MTEL) announced today that its NWN venture has received a $6 million investment from Kleiner Perkins Caufield & Byers, a leading venture capital firm based in Silicon Valley. Funds will be used for the development of Mtel's proposed two-way "Nationwide Wireless Network" (NWN).
 In July 1992, the Federal Communications Commission granted Mtel a tentative "Pioneer's Preference" in recognition of its efforts to develop this network. The network will enable users to send and receive wireless messages using palmtops, laptops, personal organizers, and personal communicators, as well as new send-and-receive devices which will emerge in the marketplace over the coming years.
 Under FCC policies, a Pioneer's Preference allows the FCC to grant a preference in licensing to companies responsible for major advances in telecommunications. Currently, the FCC is engaged in a rulemaking proceeding related to wireless personal communications services operating in the 900 MHz range. The Pioneer's Preference, if reaffirmed during this rulemaking, will exempt Mtel in the subsequent licensing process for NWN from lotteries, comparative hearings or other competitive proceedings that companies go through in obtaining licenses.
 Under a recently announced agreement, Motorola will be providing the network equipment and prototype two-way units to be used in a demonstration system in the Dallas-Fort Worth area. This demonstration system, which is under an experimental license granted by the FCC in 1992, is expected to be completed in the second quarter of this year.
 "We are very pleased to be working with Kleiner Perkins which has valuable experience and an excellent record in assisting new computer and telecom ventures," said Jai P. Bhagat, president of Mtel Technologies. "This investment will enable us to accelerate the development of an innovative two-way network that will provide great benefits to business travelers and consumers in the United States."
 Kevin Compton, a partner in Kleiner Perkins Caufield & Byers, said the investment in Mtel's NWN represented his firm's continued commitment to the funding of leading edge technologies.
 "We have been investing and participating in the nomadic computer market for many years," he said. "After working with Mtel for nearly two years on the relationship between wireless communications and mobile computing, we are convinced Mtel understands the market and can effectively deliver wireless communications to customers."
 Mr. Compton added, "Kleiner Perkins has made a significant commitment to this project and we look forward to participating with companies in the industry in the growth of NWN."
 Key NWN development milestones were recently passed in field trials at Oxford, Miss. Like the tests in June of 1992, data rates of 24,000 bps were transmitted. The latest test demonstrated bit error rates within commercially acceptable limits. These trials used an experimental NWN receiver constructed from readily available components and made use of customized digital signal processing. Mtel submitted a progress report to the FCC on Friday, Jan. 8, 1993, summarizing these results.
 Kleiner Perkins Caufield & Byers (KPCB), of Palo Alto, Calif., is one the most successful venture capital firms in the world and was an original investor in Lotus, Compaq, Sun Microsystems and over 130 other technology-based ventures. Since 1972, KPCB has specialized in providing capital and assistance to management for early stage technology companies in the United States, principally on the West Coast.
 Mtel Technologies is the division of Mtel that is responsible for NWN, mobile satellite and other technical businesses and ventures.
 Mtel, through its SkyTel Corp. subsidiary, is the market leader in nationwide wireless messaging services in the United States. The company's Mtel International subsidiary has developed and participates (through joint venture and other relationships) in an international messaging system which links a number of countries on a common messaging frequency. Mtel also has joint venture paging companies in the United Kingdom and elsewhere, and an investment in American Mobile Satellite Corp. (AMSC). Mtel's common stock trades under the NASDAQ symbol "MTEL."
 -0- 1/15/93
 /CONTACT: David Allan, 212-614-5163, or Kathleen Baum, 212-614-4239, both of Burson-Marsteller, for Mtel/
 (MTEL)


CO: Mobile Telecommunication Technologies Corp. ST: Mississippi IN: TLS SU:

CK -- NY031 -- 5299 01/15/93 11:02 EST
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Date:Jan 15, 1993
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