Worldwide Wireless Networks Inc. Announces Year 1999 Revenues Up 135% Compared to Previous Year - Company Business and Marketing - Company Financial Information

Cambridge Telcom Report, April 24, 2000

Global Pacific Wireless Internet, (a division of Worldwide Wireless Networks Inc. OTC BB: WWWN) Monday announced audited financial figures for the 12 months ending December 31, 1999.

The company produced gross revenues of $1,980,203 during 1999. This represents an increase of 135% over revenues of $841,841 for the 12 months ending December 31, 1998. The company's loss for 1999 totaled $1,551,252, or ($.16) per share, compared to $330,183, or ($.09) per share for the year 1998.

The year's loss is primarily due to continued expansion in property, plant and equipment, along with increased staffing of sales and engineering personnel.

"We are pleased with our substantial growth in 1999," said Jack Tortorice, CEO of Worldwide Wireless Networks Inc. "Our investment spending during the year was made to set the stage for continued growth and expansion in 2000 and long-term profitability."

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Worldwide Wireless Networks is an integrated wireless communications company headquartered in Orange, California. The Company specializes in high-speed Internet access using an owned wireless network. Other products and services include DSL, frame relay, collocation services and network consulting.

The Company serves all sizes of commercial business accounts and the home office market. For more information, visit www.wwwn.com.