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P-Com Receives $2.4 Million Order From Leading Wireless Carrier in Latin America
CAMPBELL, Calif., March 15 /PRNewswire-FirstCall/ -- P-Com, Inc. (BULLETIN
BOARD: PCOM) , a worldwide provider of wireless telecom products and services,
today announced a $2.4 million order for its advanced, point-to-point radios
from a customer in Latin America.
The order from a leading wireless carrier is for P-Com's Encore Plus, a variable
bandwidth, digital microwave radio that facilitates high-speed voice, data and
video transmissions across a network. On March 1, P-Com announced a $2 million
order from the same carrier, bringing total orders to more than $4 million for
the first quarter.
"This follow-on order represents a significant increase in market share for
P-Com with this important customer, and it highlights the attractiveness of our
products and our success in growing sales in a key market," said P-Com President
and CEO Sam Smookler. "These orders also further our momentum in Latin America,
where we recently appointed a new sales director for the region and began
deploying AirPro Gold.Net radios for a customer in Brazil."
On March 3, P-Com announced that its AirPro Gold.Net radios were being installed
in Brazil atop multi-story apartment buildings across the country through an
agreement with an Internet Service Provider (ISP) delivering wireless broadband
services. On March 11, P-Com announced that Alvaro Pinto, a telecommunications
executive with more than 15 years of experience in LatinAmerica, was appointed
sales director for the region.
About P-Com, Inc.
P-Com, Inc. develops, manufactures, and markets point-to-point, spread spectrum
and point-to-multipoint, wireless access systems to the worldwide
telecommunications market. P-Com broadband wireless access systems are designed
to satisfy the high-speed, integrated network requirements of Internet access
associated with Business to Business and E-Commerce business processes.
Cellular and personal communications service (PCS) providers utilize P-Com
point-to-point systems to provide backhaul between base stations and mobile
switching centers. Government, utility, and business entities use P-Com systems
in public and private network applications. For more information visit
http://www.p-com.com/ or call 408-866-3660.
Safe Harbor Statement
Statements in this release that are forward looking involve known and unknown
risks and uncertainties, which may cause P-Com'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:
the ability to achieve positive cash flow given the Company's existing and
anticipated operating and other costs, and current sales trends; the need to
raise additional equity capital, and whether that capital is available on
acceptable terms, if at all; the Company's ability to negotiate repayment terms
with many of its creditors, and settle outstanding litigation; the continued
intense competition from leading telecommunications equipment and technology
suppliers resulting in lower average selling prices; fluctuations in customer
demand; reliance upon subcontractors; the ability of P-Com's customers to
finance their purchases; thetiming of new technology and product introductions;
and the risk of early obsolescence. Many of these risks and uncertainties are
beyond P-Com's control. Reference is made to the discussion of risk factors
detailed in P-Com's filings with the Securities and Exchange Commission,
including its reports on Form 10-K and 10-Q.
Media Contact: Investor Contact:
Greg Berardi Dan Rumsey, General Counsel
and Acting CFO
415-239-7826 408-866-3666
DATASOURCE: P-Com, Inc.
CONTACT: press, Greg Berardi for P-Com, 415-239-7826, or
; or investors, Dan Rumsey, General Counsel and
Acting CFO of P-Com, +1-408-866-3666, or
Web site: http://www.p-com.com/