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To: Rocket Red who wrote (119603)9/17/2003 12:02:40 AM
From: Rocket Red  Respond to of 150070
 
Insider Ownership: $66.6 (mil.)MOBL
Average Daily Trading : 3,026,887



* 3-mos weighted average number of shares outstanding (mrq)

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Recent Key Developments
09/09/03 MobilePro to acquire Constellation Networks. Will provide company with new revenue source, satellite infrastructure and customer base as well as foundation for launching new services and applications.

09/08/03 MobilePro Corp. Announces ZigBee™ Integrated Circuit Project With South Korean Research Lab.

08/06/03 MobilePro joins ZigBee™ Alliance. Announces progress in chip design.

06/20/03 MobilePro signs MOU to acquire international voice and data services company, GBH telecom.

04/15/03 MobilePro announces it has begun development of a ZigBee wireless integrated circuit.

04/10/03 MobilePro publishes Wi-Fi Primer for investors on the basics of the fast- growing wireless industry.

04/09/03 MobilePro Corp. releases new corporate website.

03/24/03 Hawk Associates selected by MobilePro to provide investor and media relations.

03/20/03 MobilePro announces five patent awards covering smart antenna technology for wireless market.

03/13/03 MobilePro signs worldwide reseller agreement with Inciscent, a wired-to-wireless provider of software and business applications.

Management Team

Arne Dunhem, chairman and CEO has over 28 years management and engineering experience with large international organizations as well as early stage technology companies. He has a strong background in M&A activities and was instrumental in arranging more than $300 million in investor and vendor financing commitments for one of Scandanavia's largest telecom projects - a nation-wide operator. He has served as chairman or CEO of four US and European telecom companies. M. Sc. Electrical Engineering, Chalmers University of Technology, Gothenburg, Sweden.

Paul B. Silverman, serving as consultant and president/ COO designee, has extensive experience helping small businesses successfully execute their business plans. He has over 30 years senior management experience in the global information and telecommunications industry, including serving as CEO and Chairman of a public e-commerce company, CEO of James Martin Strategy and 19 years senior management experience with major firms including RCA, Xerox, GTE and SBS division of IBM. B.S. Physics, City College of New York, M.S. Management, Polytechnic University of New York.

The Outlook
MobilePro was incorporated in July 2000 and went public in June 2001 with a merger into a publicly-traded company that renamed itself MobilePro Corp. Arne Dunhem became president and CEO in May 2002 and began developing the company's current growth strategy.
MobilePro has adopted four key strategies:

Leverage the company's core proprietary technology and Korean technical resources to create "best of breed" wireless technologies and products;

Create revenue and technology development opportunities through alliances with major U.S. and global partners;

Acquire complimentary stategic assets, technologies and companies where appropriate; and

Ensure high industry visibility for MobilePro in the global marketplace.
MobilePro is pursuing targeted, complementary alliances and potential acquisitions to accelerate the company's technology base and increase reach into several key wireless application target markets. The company believes the announced agreement with Inciscent will provide an opportunity to realize early revenue from reseller activity in the wireless applications market. The Constellation acquisition will provide the company with important new revenue as well as a customer base and a platform for launching new revenue producing services.

The company's MobilePro Applications Division intends to develop and brand a new wireless data networking applications service. Management intends to launch MobilePro Wireless Data Exchange Service(SM) with beta users in 2003 and commercial service starting in 2004.

The company's MobilePro Systems Division intends to focus on specialized radio frequency design services and creating near term cash flows by marketing technical services to prospective clients.

In the company's NeoReach Division, the company's radio frequency semiconductor and other core semiconductor chip technologies are intended to provide the foundation to develop advanced 3G chip semiconductor technology including 3G modem semiconductor chip sets for hand set telephones, pico-cell base stations, smart antenna technology and advanced radio frequency design support. NeoReach has been awarded five patents for its wideband-CDMA ("W-CDMA") smart antenna processing technology and intends to pursue additional patents to protect its intellectual property rights in various chip modem design and implementation areas.



To: Rocket Red who wrote (119603)9/17/2003 12:16:45 AM
From: Rocket Red  Respond to of 150070
 
MOBL INTERVIEW

Mobilepro Corp. (OTC-BB-MOBL), with its subsidiary Neoreach, Inc., a developer of state-of-the-art modem solutions to support third generation (3G) wireless communication services, announced that Arne Dunhem, President and CEO, discussed the Neoreach business strategy on the web-based, financial news program, CEOcast, during an interview conducted this morning. The news-making audio highlights of the program are available for review from the CEOcast website, www.ceocast.com.

CEOcast is the premier source of original and syndicated streaming broadcast interviews of chief executive officers at public and private companies. Its analysts average over 15 years experience covering and evaluating Wall Street's leading companies.

Mr. Dunhem discussed the evolving market conditions that are driving the adoption of third generation wireless services around the world, and why Neoreach is well-positioned to capitalize on the advancing 3G market. Neoreach designs state-of-the-art modem chipset solutions specifically to enable 3G wireless communications. Mr. Dunhem further described how the Company’s patented technology not only adds key differentiation to its product suite but delivers more efficient network operation from both customer and wireless carrier perspectives. He added that one of the Company’s products have undergone simulation testing in April in South Korea and will soon approach commercial release.

In a July 12 BusinessWeek Online article, 3G adoption in South Korea is depicted as exploding. As one of the “most wired nations”, the article states 64 percent of South Korea’s 47.5 million people carry mobile phone and half of all households have broadband access to the Internet. Given those kinds of mobile and Internet user numbers, even a small, worldwide market share percentage of the business can mean tremendous revenue opportunities for Neoreach and Mobilepro.

The 3G services catapult current wireless services to the next level by enabling users to access voice, data, Internet and intranet applications, interactive e-mail, and full motion video using their cellular phone, personal digital assistant (PDA) or laptop.

CEOcast's programming is distributed to millions of on-line investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at more than 3,300 North American institutions.

Neoreach, founded in 2000, and recently merged with Mobilepro, will market its state-of-the-art modem chipset solutions specifically to the wireless network operators and to the consumer handset manufacturers that will enable 3G communications.

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Legal Notice Regarding Forward-Looking Statements: 'Forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. Forward-looking statements represent management’s best judgment as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected by management. These statements are only predictions and may differ materially from actual future results or events. Mobilepro Corp. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.



To: Rocket Red who wrote (119603)9/17/2003 9:42:13 AM
From: Pied Piper  Respond to of 150070
 
LSTA. Here comes the next pump!

LIVESTAR Entertainment Group Inc. Announces It Has Entered Into Acquisition Discussions With Profitable California Restaurant and Lounge

biz.yahoo.com

Piper