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To: myturn who wrote (6917)	8/12/1999 9:44:00 AM
From: SSP	Respond to of 150070

ANTM- WHEAT RIDGE, Colo.--(BUSINESS WIRE)--Aug. 12, 1999--Antennas America, Inc. (OTC BB:ANTM) today reported results year-to-date and for the quarter ended June 30, 1999. Sales for the second quarter increased 107% to $1,188,635 as compared to $573,804 for the same period last year, and six month year-to-date sales increased to $1,663,478 as compared to $1,416,552 for the same period last year. The second quarter resulted in income of $5,618 as compared to a loss of $112,033 for the same period last year and the six months ended June 30, 1999, resulted in a loss of $85,136 as compared to a loss of $106,169 for the same period in 1998. Antennas America achieved a solid increase in revenues, especially in the second quarter, due to the initial production under the Thomson Consumer Electronics (RCA) contract and the sales of its new local TV antennas to Jasco Products, Inc. under the GE brand name. Purchases from its existing customers remained strong and initial sales of the Company's new antenna for wireless internet connections for laptop computers began in April of this year. "Our main focus for 1999 is to increase revenues, which is demonstrated by the 107% increase in the second quarter," stated Randall P. Marx, Chief Executive Officer of the Company. "We are very pleased with our results, especially given that the Company ramped up a major production line without the influx of additional capital. We exceeded our goals and will continue to focus on increased revenues, Company visibility, and building our core technology." Additionally, the Company is proud to announce that it has reached an agreement with Dr. Mohamed Sanad to join its engineering staff as Principal Consulting Engineer. Dr. Sanad received his Ph.D. in 1986 and has dedicated his career to the design of small, multiband internal integrated antennas for hand-held portable communication equipment. Presently Dr. Sanad is the inventor of 25 antenna patents and has written more than 50 articles related to antennas that have been published in numerous engineering magazines. His latest article "Compact Internal Multiband Microstrip Antennas for Portable GPS, PCS, Cellular and Satellite Phones" has been accepted for publication by Microwave Journal and should appear in an upcoming issue. From 1994 to 1996, Dr. Sanad was the Director of Antenna Development for Nokia Mobile Phones and subsequently designed antennas for Nokia and others while developing his own technology for many other wireless applications. This new agreement with Dr. Sanad demonstrates the Company's continued commitment to the development of unique antenna technology for wireless communications. Antennas America, Inc. is a diversified company that designs, develops and manufactures unique antenna solutions for the rapidly expanding wireless communications industry at its 22,600 square-foot leased facility in Wheat Ridge, Colorado. The company also provides custom antenna designs and manufacturing for Original Equipment Manufacturers (OEM) and other emerging wireless communications markets. For more information about the Company and its products, please visit our web site at www.antennas.com. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company's financial position. This Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company's Annual Report on Form 10-KSB for additional statements concerning important factors, such as demand for products, manufacturing costs and competition, that could cause actual results to differ materially from the Company's expectations. --30--djm/dx* CONTACT: Antennas America, Inc. Randall Marx or Richard Anderson 303/421-4063