ANCC. more orders. I hope you did cover by now.. 2.35 today!!!
AIRNET COMMUNICATIONS RECEIVES $1M IN NEW ORDERS; MARCH, 2002 ORDERS NOW TOTAL APPROXIMATELY $13M BUSINESS EDITORS/TECHNOLOGY WRITERS MELBOURNE, FLA.--(BUSINESS WIRE)--MARCH 21, 2002--AIRNET
-------------------------------------------------------------------------------- 07:59 ET MELBOURNE, Fla.--(BUSINESS WIRE)--March 21, 2002--AirNet Communications Corporation (Nasdaq:ANCC.Q), the technology leader in base station products for wireless communications, today announced that two new and two existing customers have placed orders for approximately $1M in AirNet equipment including the award winning AdaptaCell(R) Broadband, Software Defined Radio and AirSite(R) Backhaul Free(TM) base stations. The two new unnamed customers chose the AirNet solution because neighboring operators who have deployed AirNet systems presented ideal partnering and inter-working opportunities. In addition, Adams Telecom and Guam Wireless, two current AirNet customers, continue to grow their businesses by adding new service areas and expanding capacity in existing ones. "We have now announced approximately $13M in new orders in the last two weeks clearly demonstrating that AirNet continues to gain momentum," said Glenn Ehley, president and CEO of AirNet. "We are receiving these expansion orders and new customer orders because AirNet products afford operators cost-effective systems that deliver highly reliable solutions which are scalable to meet operators' immediate needs and lay the foundation for profitable expansion." "AirNet's products have endured the toughest quality tests imaginable in Guam," said John Wu, vice president of operations for Guam Wireless. "AirNet's base stations were unaffected, after a 7.0 earthquake devastated much of Guam last October. Our system stayed in service and helped support disaster recovery services for our residents. In addition, we are also able to install and have a complete AirNet base station operational in a matter of minutes. We are pleased to have the opportunity to come back and purchase our expansion requirements. AirNet's cost effectiveness, high availability products and quality control keep us coming back." |