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Technology Stocks : PWAV- the hot new IPO -- Ignore unavailable to you. Want to Upgrade?

To: Charliss who wrote (925)	2/27/1998 3:23:00 PM
From: Jim Bo	Read Replies (1) \| Respond to of 1491

PWAV runs two to three days on new news, $20.00 very soon

To: Charliss who wrote (925)	2/27/1998 3:30:00 PM
From: GMPetersen	Respond to of 1491

News------- IRVINE, Calif.--(BUSINESS WIRE)--Feb. 27, 1998--Powerwave Technologies Inc. (Nasdaq:PWAV) Friday announced that it has entered into a global purchasing agreement covering land mobile radio products with Tecnomen Oy, a leading European manufacturer of wireless communications equipment, to supply RF power amplifiers for use with Tecnomen's wide area paging base station equipment. This agreement, which includes Powerwave's 150 watt and 300 watt RF amplifiers, is expected to result in initial deliveries during the second quarter of 1998. No dollar value was placed on the agreement. "Powerwave is proud to announce our new relationship with Tecnomen," stated Bruce C. Edwards, president and chief executive officer of Powerwave Technologies. "This agreement represents our continued success in the Land Mobile Radio market as well as the diversification of our global customer base." "Powerwave's advanced high quality amplifiers complete very well our state-of-the-art HiQ Paging Base Stations product line. We selected Powerwave due to their experience, professionalism and commitment to quality," stated Seppo Seitsonen, vice president of Tecnomen. Company Background -- Tecnomen Tecnomen Oy, a Finnish company, is a leading manufacturer of wide area paging systems and value added messaging systems for telecommunications networks. The company is part of the Finnish Kyro Group, whose three business divisions are energy, safety glass and telecommunications. Tecnomen has its head office in Finland and subsidiaries in Ireland, Germany, Spain, U.A.E., Hong Kong, China, Malaysia, Thailand and Brazil.