(COMTEX) B: Platforms Wireless Announces AMERICEL S.A. ARC System Ins B: Platforms Wireless Announces AMERICEL S.A. ARC System Installation Schedule LOS ANGELES, Jan 16, 2001 /PRNewswire via COMTEX/ -- Platforms Wireless International Corporation, (OTC: PLFM), the developer of the revolutionary Airborne Relay Communications "ARC System" for wireless voice and data communications, announced today significant progress had been made in finalizing plans, schedules, and logistics for the installation and integration of the ARC System with the AMERICEL cellular telecommunications network in Brazil. Frank Draper, Executive Vice President, COO, and CTO stated: "We're pleased to announce that recent meetings in Brazil with AMERICEL management and engineering representatives were very productive. ARC System performance specifications, as well as AMERICEL network system installation/integration plans, timelines, schedules, budgets, and responsibility matrices, were reviewed and defined. AMERICEL and Platforms have mutually agreed on the following ARC System Installation Timeframes and Schedule for 2001: 1. ARC System Airborne Payload Completion January 2. Brazil Site Selection & Plans January 3. Brazil Site Construction Permits February 4. ARC System U.S. Payload Testing February/March 5. Brazil Site Construction March 6. San Diego ARC System Demonstration March 5th and 6th 7. Brazil Customs and Operating Licenses February/March 8. Ship ARC System Payload to Brazil March 9. AMERICEL ARC System Installation & Integration March/April 10. ARC System Aerostat Platform Completion April 11. Ship Aerostat Platform to Brazil April 12. Brazil Preliminary ARC System Testing April/May 13. Brazil AMERICEL System Demonstration May 14. Post Demonstration Activities June Mr. Draper continued: "The ARC System has now been elevated to an important priority at AMERICEL. In preparation for the forthcoming demonstration, AMERICEL has deployed an ARC System installation team, and is presently readying the ground infrastructure to install and integrate the ARC System with the AMERICEL cellular telecommunications network. "We're confident the ARC System will perform as expected and provide AMERICEL with an efficient and cost-effective alternative for expanding their service coverage and enhancing their competitive market position," concluded Mr. Draper. Platforms expects that the ARC System showcase demonstration, scheduled to take place in Brazil later this year, will be a landmark Wireless Industry event, which will officially introduce the ARC System to the international wireless communications community. If the ARC System performs as expected, this demonstration should establish it as one of the most efficient, most cost-effective wireless communications platforms on the market, positioning Platforms as the leader of Airborne Wireless Communications. About Platforms Wireless International Platforms Wireless International Corporation, headquartered in Los Angeles, California, is the developer and marketer of the revolutionary wireless communications technology known as the Airborne Relay Communications "ARC" System, and its family of Airborne, LTA host infrastructures, the ZeroGravity AeroStructures(R). Management believes that these significant advances in the field of Airborne wireless communications technology, together with continuing technology improvements and new developments, will provide an efficient, cost-effective, all-broadband, voice and data communications alternative for augmenting, replacing, and supplementing terrestrial wireline and cellular telecommunications infrastructures, as well as high and low-earth orbiting satellites -- at a savings in both cost and deployment time, as compared to conventional systems. Platforms recently announced its first ARC System Conditional Contract with AMERICEL, S.A., one of the leading cellular telecommunications service providers in Brazil. Platforms can be found on the Web, at: www.plfm.net . Safe Harbor Act Disclaimer FORWARD-LOOKING STATEMENTS -- The statements contained in this Press Release, which are not historical facts, are "forward-looking statements," within the meaning of Rule 175 under the Securities Act of 1933, and Rule 3b-6 under the Securities Exchange Act of 1934, and as defined in the Private Securities Litigation Reform Act of 1995, and such statements qualify for the Safe Harbor protection afforded under such Acts. Forward-looking statements can be identified by the use of forward-looking words, such as "believes," "expects," "may," "will," "should," "anticipates," or the negative thereof, or other variations thereof, or comparable words, or by statements related to future plans, strategies, or other business development activities that involve risks and uncertainties. Management cautions the reader that "forward-looking statements" including, without limitation, statements regarding Platforms technology, products, marketing plans and strategies, markets for its products and services, and expected, projected results of operations, are all predictions, expectations, and anticipations. No assurances can be given that such predictions, expectations, and anticipations will prove accurate and correct, or that anticipated, projected future results will be achieved. Numerous risk factors can cause actual results to vary materially from the |