AirNet Communications Receives US$1.4M In Orders from Telsom Mobile; Latest Network Expansion to Increase Coverage Footprint
14 Julio 2005 - 7:29AM
Business Wire
AirNet Communications Corporation (NASDAQ:ANCC), the technology
leader in software defined base station solutions for wireless
communications, today announced it has received purchase orders for
approximately US$1.4M in products and services from Telsom Mobile
in Somalia. These orders will help to expand wireless coverage
throughout Somalia. "This expansion will increase our mobile
network capacity and enhance our coverage footprint," said Mohamed
Sheikh, Chairman of Telsom Mobile. "In the more than 5 years we
have been working with AirNet, we have grown to be the leading
provider of cellular service in Somalia." "We are very pleased that
Telsom has once again selected AirNet's AdaptaCell(R) product line
to best meet its service objectives," said Glenn Ehley, president
and CEO of AirNet. "Our SDR platform is a field-proven solution
that can be immediately deployed and is easily upgradeable as
Telsom's network continues to grow." Telsom Mobile has been a
customer of AirNet since 2000 and is the leading operator in
Somalia. With these orders, Telsom Mobile will have purchased and
deployed more than $10M in equipment and services with AirNet
throughout Somalia. About AirNet AirNet Communications Corporation
is a leader in wireless base stations and other telecommunications
equipment that allows service operators to cost-effectively and
simultaneously offer high-speed wireless data and voice services to
mobile subscribers. AirNet's patented broadband, software-defined
AdaptaCell(R) SuperCapacity(TM) adaptive array base station
solution provides a high-capacity base station with a software
upgrade path to high-speed data. The Company's RapidCell(TM) base
station provides government communications users with up to 96
voice and data channels in a compact, rapidly deployable design
capable of processing multiple GSM protocols simultaneously. The
Company's AirSite(R) Backhaul Free(TM) base station carries
wireless voice and data signals back to the wireline network,
eliminating the need for a physical backhaul link, thus reducing
operating costs. AirNet has 69 patents issued or filed and has
received the coveted World Award for Best Technical Innovation from
the GSM Association, representing over 400 operators around the
world. More information about AirNet may be obtained by visiting
the AirNet Web site at http://www.airnetcom.com. Safe Harbor
Statement Under the Private Securities Litigation Reform Act of
1995 The statements contained in this press release that are not
historical information are forward-looking statements 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 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 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 limited customer base may cause cash flow issues,
credit risks from financed customers may hurt our results and in
the absence of increased sales or investment capital, the Company
may not be able to continue as a going concern. These and other
risks are discussed in Company filings with the Securities and
Exchange Commission, including its Annual Report on Form 10-K for
the year ended December 31, 2004. The stylized AirNet(R) mark,
AirNet(R), AdaptaCell(R), and AirSite(R) are registered trademarks
with the U.S. Patent and Trademark Office. Super Capacity(TM),
TripCap(TM), Backhaul Free(TM), IntelliBSS(TM), iBSS(TM) and
RapidCell(TM) are trademarks of AirNet. Other names are registered
trademarks or trademarks of their respective holders.
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