MobileStar names Former WorldCom Broadband Solutions CEO, Robert Kaiser, as President And CEO

Business Wire, June 4, 2001

Business Editors & High Tech Writers

RICHARDSON, Texas--(BUSINESS WIRE)--June 4, 2001

MobileStar Network Corporation, an award-winning provider of broadband wireless Internet access, announced today the appointment of Robert A. Kaiser as its new president and chief executive officer (CEO) effective immediately.

Kaiser most recently served as CEO of WorldCom Broadband Solutions Group, where he was responsible for numerous broadband services including all domestic wireless broadband efforts. Prior to WorldCom, Kaiser served as CEO and CFO of SkyTel, where he was responsible for SkyTel's financial restructuring which led to WorldCom's acquisition of the $1 billion dollar wireless messaging company with nearly two million subscribers. Earlier in his pioneering career in wireless, Kaiser played an integral role in the growth of Southwestern Bell's Mobile Systems where he served for nearly 10 years as CFO during SBMS and Cellular One's rapid growth, rapid expansion, building years.

Kaiser will spearhead MobileStar's national roll-out of its network and wireless Internet service with leading national retail, OEM and travel industry brands, including: site partners Starbucks, American Airlines Admirals Clubs and 18 national hotel brands including Hilton Hotels, MeriStar, Columbia Sussex; OEM manufacturers HP and IBM; retail brands; and travel partnerships including American Airlines and numerous airport authorities across the country.

"We are very fortunate to have Robert join us," said Dan Skaff, Chairman of MobileStar's Board of Directors and Founder and Managing Partner with Sienna Ventures. "Robert has tremendous experience in virtually all wireless communications having been in the cellular industry for 10 years, wireless messaging for four years, and most recently wireless broadband services."

"Robert has demonstrable leadership in emerging wireless technologies and services," said Bart Schachter, a member of MobileStar's Board of Directors and General Partner of Blueprint Ventures, an early backer of MobileStar. "We considered dozens of top-flight candidates for this position, and Robert is exactly the right person to take the helm of MobileStar during this exciting period of rapid growth as the premier national provider of broadband wireless access."

"We all know the demand for broadband is exploding. MobileStar is uniquely positioned to capitalize on this demand by penetrating the enterprise market as the corporate need for broadband mobility reaches critical levels," said Kaiser, CEO and Dallas native. "MobileStar's unique assets will help us be the premier service provider and offer value to our customers. These assets include impressive site acquisition and deployment, service excellence and partnerships with well-known industry leaders."

MobileStar utilizes the emerging industry standard Wi-Fi IEEE 802.11b wireless LAN protocol to give mobile professionals wireless access to the Internet or their corporate Intranet at T-1 speeds in more than 500 locations across the country. The company plans to expand its footprint over the next two years to over 7,000 locations nationally, including additional retail locations, airports, hotels, conference centers, restaurants and coffeehouses.

About MobileStar Network Corporation

MobileStar Network Corporation, headquartered in Richardson, Texas, is the leading provider of broadband wireless Internet access for business travelers in hot spots such as airports, hotels, conference centers, restaurants, coffeehouses and other public places in the United States. Currently more than 500 locations are in operation providing easy-to-use, reliable wireless Internet connectivity at speeds up to 50 times faster than typical dial-up modem connections and up to 100 times faster than other current wireless technologies. Since its inception in 1996, MobileStar has created one of the premier wireless broadband data communications network designed to give mobile professionals access to the Internet and their corporate intranets remotely. The MobileStar network utilizes both popular WLAN technologies - Wi-Fi (IEEE 802.11b, Direct Sequence) and OpenAir (Frequency Hopping). MobileStar recently won the 2001 Network Computing Well-Connected Award in the category of "Most Innovative New Wireless Data Service." The company is backed by leading institutional investors such as Mayfield Fund, Blueprint Ventures, Norwest Venture Partners, Sienna Ventures and Texas Pacific Group. For more information, visit the MobileStar website at www.mobilestar.com.

MobileStar is a service mark of MobileStar Network Corporation.

Some of the statements in this Press Release discuss future expectations or state other "forward looking" information relating to the future results of the Company. These statements involve risks, uncertainties, assumptions, contingencies and other factors that may cause actual results to differ materially and adversely from those expressed in these forward-looking statements. These factors include the Company's competitive environment, the risk that the Company's deployment rate will not progress as anticipated, the risk that the Company's subscriber base will not continue to increase and the risk that the Company will not be able to reach agreements with potential investors regarding capital investment. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.