Interwave Communications (NASDAQ:IWAVE)
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interWAVE Awarded Frame Contract by At&T Wireless to Deploy Wireless Cellular
Systems At Sea
AT&T Wireless' Venture to Provide Wireless Cellular Services On-Board Cruise
Ships
MOUNTAIN VIEW, Calif., March 25 /PRNewswire-FirstCall/ -- interWAVE(R)
Communications , a pioneer in compact wireless communications systems, today
announced that it has signed an agreement with AT&T Wireless Services, Inc., the
second-largest wireless carrier based on revenue in the United States.
interWAVE will provide AT&T Wireless with its compact wireless cellular
solutions, enabling a joint venture that AT&T Wireless recently entered into
with Maritime Telecommunications Network to develop and launch an offering that
will allow cruise ship passengers to use their wireless cellular phones while at
sea.
"We see this as a breakthrough frame contract for interWAVE, as AT&T Wireless is
a top-tier provider in North America," said Erwin Leichtle, interWAVE's
president and chief executive officer. "As a result of our compact and
scaleable wireless cellular solutions, we are the first wireless communications
systems vendor able to meet AT&T Wireless' requirements for this unique
application."
Mr. Leichtle continued, "The flexibility of our solutions will help allow AT&T
Wireless' venture to enter a new market by serving customers who want to place
or receive cell phone calls while on-board cruise ships."
The powerful, flexible and cost-effective nature of interWAVE's compact
solutions enable them to be deployed forunique applications -- like cruise
ships. Wireless calls placed from subscribers on-board cruise ships are
switched via interWAVE's systems located on the ship, with cellular traffic
backhauled via compressed satellite technology to the wireless carrier's
land-based gateway switch. With the ability to seamlessly interoperate with a
wireless carrier's existing mobile network, interWAVE's solutions enable
carriers to expand their service offering into new, untapped markets. In
addition, the compact architecture of interWAVE's solution enables ease of
installation, support and maintenance.
About interWAVE
interWAVE Communications International, Ltd. (NASDAQ:IWAVE) is a global provider
of compact network solutions and services that offer the most innovative, cost
effective and scaleable network architectures allowing operators to "reach the
unreached." interWAVE's solutions provide economical, distributed networks that
minimize capital expenditure while accelerating customers' revenue generation.
These solutions feature a product suite for the rapid and simple deployment of
end-to-end compact cellular systems and broadband wireless data networks.
interWAVE's highly portable mobile, cellular networks and broadband wireless
solutions provide vital and reliable wireless communications capabilities for
customers in over 50 countries. interWAVE's U.S. subsidiary is headquartered at
2495 Leghorn Street, Mountain View, California, and can be contacted at
http://www.iwv.com/ or at (650) 314-2500.
About AT&T Wireless Services, Inc.
AT&T Wireless Services, Inc. (NYSE:AWE) is the second-largest wireless carrier,
based on revenues, in the United States. With 21.980 million subscribers as of
December 31, 2003, and revenues of more than $16.6 billion over the past four
quarters, AT&T Wireless delivers advanced high-quality mobile wireless
communications services, voice and data, to businesses and consumers, in the
U.S. and internationally. For more information, visit
http://www.attwireless.com/.
Forward Looking Statements
This news release contains forward-looking statements that are subject to known
and unknown risks and uncertainties that could cause the results of interWAVE
Communications International, Ltd. to differ materially from management's
current expectations. These risks and uncertainties include, but are not
limited to, the risks relating to interWAVE's history of losses, the expectation
of future losses, potential noncompliance with Nasdaq National Market continued
listingrequirements, potential lack of liquidity and capital resources,
reliance on a small number of customers, complexity of products, difficulties in
introducing new or enhanced products, compliance with regulations and evolving
industry standards, long sales cycles, intense competition, management of global
operations, the ability to retain and motivate key employees, and other risk
factors including potential asset impairment, dilution of shares outstanding,
cash outflows, employee retention, as well as the Risk Factors discussed in the
filings and reports made from time to time by interWAVE with the Securities and
Exchange Commission.
DATASOURCE: interWAVE Communications
CONTACT: Cal R. Hoagland, SVP & CFO of interWAVE, +1-650-314-2533,
Web site: http://www.attwireless.com/
Web site: http://www.iwv.com/