Chadmoore Wireless Group Exceeds 20,000 Subscribers in 71 Markets

Business Wire, Oct 20, 1998

LAS VEGAS--(BUSINESS WIRE)--Oct. 20, 1998--Chadmoore Wireless Group Inc. (OTCBB:MOOR) today announced that as of the end of September that it had over 20,000 subscribers, an increase of over 36 percent during the quarter.

The company has also increased the number of markets offering full services to 71, and increase of 86 percent during the same period.

Jan Zwaik, chief operating officer, said, "We are very excited about maintaining the rapid pace of our build-out. Dealer/partners across the country are helping us commercialize markets at an above plan rate. We expect this to quickly translate into accelerated loading as distribution in new markets mature."

Robert Moore, chairman, stated, "We are pleased with the company's rapid subscriber growth and we are well on the way to reaching our short term goal of 30,000 customers by the end of 1998."

Chadmoore Wireless Group is a national leader in providing SMR (Specialized Mobile Radio) communications with over 4,800 FCC licenses in 180 markets. Chadmoore provides a high-quality, reliable, cost-effective alternative in wireless communications. SMR is a wireless two-way communications commonly called "dispatch" service used by millions of business and government customers like delivery services, contractors, ambulance services and taxi fleets. Chadmoore's services allow reliable, affordable, predictable one-to-one and one-to-many communications.

Certain information contained in this press release is forward-looking (within the meaning of Section 27A of the Securities Act of 1934 and Section 21E of the Securities Exchange Act of 1934). The company's actual results could differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company in this press release. Market conditions or the lack of available capital could adversely affect these projections.