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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who started this subject8/2/2000 8:26:26 PM
From: Lynn Goodman   of 54805
 
QCOM-related news: Metawave

Metawave Launches CDMA Smart Antenna Trial at PCS Frequencies

WEDNESDAY, AUGUST 2, 2000 7:26:00 PM EST
REDMOND, Wash., Aug 2, 2000 (BUSINESS WIRE) --

Metawave SpotLight 2000 Smart Antenna Systems Now Available
for Both Cellular And PCS Service Providers
Metawave(R) Communications Corp. MTWV, a global smart antenna company that increases voice and data capacity for wireless carriers, today announced a field trial of a PCS version of its SpotLight(R) 2000 CDMA (code division multiple access) smart antenna system.

The field trial will be performed jointly with a major PCS service provider in a large urban market. SpotLight 2000 works with service providers' existing base stations to boost network capacity, allowing them to avoid building new cell sites as they add subscribers and services. SpotLight 2000 is currently deployed in 800MHz CDMA cellular networks around the world.

SpotLight 2000 is the first-ever smart antenna system for the CDMA/PCS frequency. By providing more capacity to existing cellular towers, the SpotLight 2000 CDMA smart antenna system enables wireless operators to lower the average cost of capacity, handle rapid traffic growth across the entire network as well as increase the overall quality of service for subscribers. SpotLight 2000 CDMA 800MHz deployments have achieved up to 50 and 75 percent capacity gains in three-sector and six-sector configurations respectively.

"Most of the top CDMA wireless operators in North America are deploying our smart antenna systems," said Bob Hunsberger, president and CEO of Metawave. "CDMA is the fastest growing and one of the most widely deployed cellular technologies in North America, and we're confident that our CDMA/PCS smart antenna system will allow PCS service providers to offer the highest quality service to their exploding customer base as they increasingly use more minutes for both voice and wireless Internet."

"PCS service providers are experiencing some of the fastest subscriber growth in the wireless industry and have the same concerns as providers at other frequencies -- providing high-quality voice and wireless Internet services to their customers," said Marty Feuerstein, vice president of product development at Metawave. "We believe that the SpotLight product will also offer PCS operators an efficient capacity solution to increase existing network capacity without adding new towers."

ABOUT METAWAVE

Metawave(R) Communications Corp., a global smart antenna company, increases voice and data capacity for wireless carriers. The company's SpotLight smart antenna systems provide operators of CDMA, GSM and analog wireless networks with cost-effective capacity solutions that improve wireless network performance. Metawave's smart antenna systems have been deployed worldwide by leading wireless service providers to meet rapidly increasing demand for wireless voice and data services. Founded in 1995, the company is headquartered in Redmond, Washington, with offices in Dallas, Sao Paulo, Shanghai and Taipei. The company is publicly traded on Nasdaq under the ticker symbol MTWV. For more information, call 888/METAWAVE or visit the company's Web site at metawave.com.

Metawave(R) and SpotLight(R) are registered trademarks of Metawave Communications Corporation.
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