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

To: David K. who wrote (948)	1/12/1999 8:28:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 1461

P-Com, Inc. Is Awarded A Contract Valued In Excess Of $12 Million For The Supply Of Digital Millimeter Wave Radio Systems CAMPBELL, Calif.--(BUSINESS WIRE)--January 12, 1999--P-Com, Inc. (NASDAQ National Market: PCMS), today announced that it has received a contract from a German systems integrator for the purchase of an additional $12 million of digital millimeter wave radio systems under an existing agreement which was established in 1996. P-Com supplies products in the 15, 23, 38 and 26 GHz range to the German systems integrator. The systems are utilized in one of the world's largest GSM networks. P-Com, Inc. develops manufactures and markets network access systems for the worldwide wireless telecommunications market. The point-to-point, spread spectrum, and point-to-multipoint radio links provided by P-Com are designed to satisfy the network requirements of cellular and personal communications services, corporate communications, public utilities and local governments. In addition, P-Com provides comprehensive network services including system and program planning and management, path design and installation. 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 lawsuits. 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, Poland, Mexico, and China, is an ISO 9001 certified company. For additional information, contact P-Com at: P-Com, Inc. 3175 S. Winchester Boulevard Campbell, CA 95008 USA TEL: (408) 866-3666 FAX: (408) 866-3655 p-com.com ------------------------------------------------------------------------ Contact: Michael Sophie Chief Financial Officer 408/866-3666