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Technology Stocks : p-com (pcms) -- Ignore unavailable to you. Want to Upgrade?

To: baystock who wrote (1167)	11/4/1999 7:10:00 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1461

Thursday November 4, 4:03 pm Eastern Time Company Press Release P-Com, Inc. Announces Additional Orders in Excess of $2.3 Million From Comtel in Dubai for Purchase of Point to Point Radio Equipment CAMPBELL, Calif.--(BUSINESS WIRE)--Nov. 4, 1999--P-Com, Inc. (NASDAQ: PCMS - news) announced today that it has received additional purchase orders for point -to-point millimeter wave equipment in excess of $2.3 million from Comtel, a telecommunications company based in Dubai. P-Com has now received more than $5 Million in purchase orders from Comtel in the past 60 days. Comtel will use the equipment to help fulfill their systems integration contract with MobiNiL in support of MobiNil's aggressive deployment of a GSM mobile wireless system in Egypt. Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to, reliance upon subcontractors, fluctuations in customer demand and commitments, both in timing and volume, introduction of new products, commercial acceptance and viability of new products and expenses associated therewith, cancellations of orders without penalties, pricing and competition, the Company's ability to have available an appropriate amount of production capacity in a timely manner, the ability of the Company's customers to finance their purchases of the Company's products and/or services, the timing of new technology and product introductions, the risk of early obsolescence and the pending stockholder class action lawsuit. Further, the Company operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond the Company's control, such as announcements by competitors and service providers. Reference is made to the discussion of risk factors detailed in the Company's filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q. P-Com, Inc., with world headquarters in Campbell, California USA and offices in Florida, New Jersey, Virginia, the UK, Italy, France, Germany, China and Singapore, is an ISO 9001 certified company. Contact: P-Com, Inc. Robert E. Collins, 408/866-3666 www.p-com.com