Aether Completes Successful CDMA Testing of Premier Financial Application on Verizon Wireless Express Network

Business Wire, Jan 14, 2002

Business Editors/Hi-Tech Writers

OWINGS MILLS, Md.--(BUSINESS WIRE)--Jan. 14, 2002

Operation of Reuters MarketClip(TM) Over Live CDMA2000 1xRTT

Network Broadens Aether's Ability to Deploy Across Verizon Wireless

Next Generation Wireless Network

Aether Systems, Inc. (Nasdaq:AETH), a leading provider of wireless data products and services, today announced that it has successfully tested Reuters MarketClip,(TM) one of its premier real-time wireless financial services, over the Verizon Wireless "Express Network" in Philadelphia.

Aether's successful operation over the Verizon Wireless high-speed network demonstrates the company's ability to develop, structure and adapt its products and services to perform optimally over a next generation wireless network.

The Aether-developed application was tested live over Verizon's CDMA2000 1xRTT network using a Compaq iPAQ 3640 equipped with a prototype Sierra Wireless AirCard 555 modem. The data transactions occurred through Aether's wireless data center in Owings Mills, Md.

Verizon Wireless' Express Network will offer enhanced levels of service that include high rate packet data services, enhanced voice capacity, and broad-ranging coverage, allowing for pervasive deployment of advanced wireless data applications.

"Our successful trial demonstrates Aether's ability to work with Verizon Wireless to realize the potential of its next generation network," said Dale Shelton, Chief Technology Officer, Aether Systems. "Using Aether Fusion, our extensible and comprehensive technology platform, Aether will continue to provide our customers with advanced, value-add services."

About Aether Systems

Aether Systems helps enterprise customers improve efficiency and profitability by providing the services, software and support necessary to extend existing and future applications from the desktop to any wireless device.

Through Aether Fusion(TM), Aether's wireless enabling technology foundation, Aether develops, deploys and manages wireless solutions built on industry standard technology and backed by Aether's expertise in wireless hosting, software and services. Aether provides the worlds of business and government with a single source for reliable, scalable and cost effective wireless solutions.

For more information, please visit www.aethersystems.com.

This press release includes forward-looking statements based on current expectations and projections about future events. These forward-looking statements are subject to a number of risk, uncertainties and assumptions about Aether that could cause actual results to differ materially from those in such forward-looking statements.

Potential risk and uncertainties include, but are not limited to, the ability of Aether and Verizon Wireless to successfully develop the products and services described in this release. These risks and other risk factors are described in Aether's report on Form 10-K with respect to the fiscal year ending December 31, 2000 and other documents filed with the Securities and Exchange Commission.

Aether undertakes no obligation to update the forward-looking statements contained in this press release.