ot.Metawave and Samsung to Deliver First-Ever
Embedded Smart Antenna System for 2.5G and 3G
CDMA Networks
Joint development between wireless industry leaders is expected to boost capacity and improve
CDMA network performance
REDMOND, Wash. & SEOUL, Korea--(BUSINESS WIRE)--Feb. 12, 2001-- Metawave® Communications Corp.
(Nasdaq:MTWV - news), a global provider of smart antenna solutions that increase voice and data capacity for wireless
carriers, and Samsung, a leading manufacturer of wireless infrastructure, today announced that they have entered into an
agreement to jointly develop a commercial base station that will incorporate Metawave's patented embedded smart antenna
technology.
The agreement marks the first development and subsequent commercial rollout of embedded smart antenna systems that are
expected to increase the capacity and improve the performance of current and future CDMA networks, including 2.5G and
3G.
Under the terms of the royalty-bearing license agreement, Metawave will design capacity-enhancing technologies uniquely
tailored to Samsung's base station architecture. The new embedded smart antenna product will be based on Samsung's next
generation CDMA system and is expected to provide significant capacity advantages over traditional base station designs.
Following introduction of the new CDMA embedded product for cdmaOne® and cdma2000®, Samsung plans to expand
Metawave's smart antenna technology to its base station products for other major air interface standards, such as W-CDMA.
``Global wireless operators demand products that provide more efficient use of infrastructure and spectrum, particularly in light
of 2.5G and 3G technologies,'' said Bob Hunsberger, chairman of the board and CEO of Metawave. ``This agreement is a
very significant milestone for us in that it represents our first-ever development of embedded smart antenna technologies. Our
technologies enable Samsung to give wireless operators the tools that reap the benefits of additional capacity from their finite
spectrum allocations.''
``As we develop our new base station product for future networks, Metawave's smart antenna technology will be a key
component in easing the migration to 3G and enhancing the value of our base stations by adding capacity,'' said Mr. Kwang
Kook Kim, manager of technology planning at Samsung. ``Metawave has a solid track record with its current
capacity-enhancing smart antenna solutions for existing networks and has made significant advancements in adaptive array
technologies for future networks.''
Metawave's embedded smart antenna technology is designed for cdmaOne, cdma2000 (1X-RTT, 1X-EV and 3X-RTT) and
W-CDMA. Metawave has developed patented spatial and adaptive processing algorithms and ASIC designs for embedded
smart antenna systems that can increase the capacity of CDMA and other air interfaces by more than two times the capacity of
current base stations.
About Samsung
Samsung Electronics Company, Ltd., researches, markets and develops wireless handsets and telecommunications products
worldwide. For more information, see Samsung Electronics Web site at www.samsungusa.com. Samsung Electronics
Company, Ltd., a $22.8 billion flagship company of the Korean-based Samsung Group, is a world leader in electronics, with
operations in more than 46 countries.
About Metawave
Metawave® Communications Corp. is a global provider of smart antenna solutions that increase voice and data capacity for
wireless carriers. The company's SpotLight® smart antenna offerings provide operators of CDMA, GSM, analog and next
generation 3G wireless networks with cost-effective capacity solutions that improve wireless network performance.
Metawave's smart antenna systems have been deployed worldwide by leading wireless 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 California, Mexico City, New Jersey, Sao Paulo, Shanghai, Taipei and Texas. For more information, call
888/METAWAVE or visit the company's Web site at metawave.com.
Metawave® and SpotLight® are registered trademarks of Metawave Communications Corporation. All other trade names are
the property of their respective holders.
Except for the historical information presented, the matters discussed in this press release may contain forward-looking
statements relating to the development of Metawave Communications' products and services and future operating results, as
well as other future events, circumstances, trends, plans and prospects, and are subject to certain risks and uncertainties that
could cause actual results to differ materially from any future results, performance or achievements expressed or implied by
such statements. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995. The words ``believe,'' ``expect,'' ``intend,'' ``anticipate,'' variations of such words, and similar
expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking.
Actual results may vary significantly from the results expressed or implied in such statements. For example, there are risks
associated with developing and deploying new embedded smart antenna technologies on a commercial basis, including
difficulties in the integration process and failure to provide the capacity enhancements that were expected. For a discussion of
the risks faced by Metawave, please see ``Risk Factors'' in Metawave's Registration Statement on Form S-1 and other
documents filed by Metawave from time to time with the Securities and Exchange Commission.
Contact:
Metawave Communications
Loan T. Duong, 425/702-6535
loan.duong@metawave.com
or
Text 100 Public Relations
Nina Velasquez, 206/381-3791
ninav@text100.com
or
Samsung
Iksoo Kim, 031/779-7133
kiss4sun@telecom.samsung.co.kr
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