Richard Leto Hired as CFO at Chadmoore Wireless Group; Chadmoore Reaches 18,000 Customers in 52 Markets

Business Wire, Sept 11, 1998

LAS VEGAS/NEW YORK--(BUSINESS WIRE)--Sept. 11, 1998--Chadmoore Wireless Group, Inc. (OTCBB: MOOR) today announced that Richard Leto has been hired as Chief Financial Officer.

The Company also announced that as of the end of August that it had over 18,000 customers, an increase of over 18% since the end of June 1998. The Company has also increased the number of markets offering full services to 52, an increase of 53% in the same period.

Robert Moore, Chairman, stated, "We are pleased to have Richard Leto bring his 20 years of experience in finance, administration and planning to Chadmoore. Rich's experience includes 13 years in wireless communications working in senior positions at NextWave Telcom and Air Touch International." Leto holds a CPA certification and an MBA degree from the University of California, Berkeley.

Moore commented on the Company's continued growth, "In the markets in which we have implemented full scale systems, we are generating positive cash flow that we are using to aggressively reinvest in the business. As each new market comes on, corporate overhead is spread over a larger base. We are gratified that our customers have learned that the Company provides -- and will continue to provide -- the services it promises, and a great deal more. That's why Chadmoore's churn or customer turnover rate is far lower -- 4 times lower -- than the industry average. This commitment to customer satisfaction translates into revenues the Company can count on."

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 2-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.

www.chadmoore.com

    CONTACT:  Equity Communications/TCG, New York
               Robert Schechter, 800-616-1265; 212/421-3125 ext. 203