Business Services Industry

NextWave Wireless Wins American Electronics Association High Tech Award

Business Wire, Oct 29, 2007

NextWave Honored for Achievements In Communications Products and Services

SAN DIEGO -- NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of mobile broadband products and technologies to enable Wireless 2.0, the next generation of mobile communications, today announced that it has been recognized by the AeA (formerly known as the American Electronics Association) as one of the year's best technology companies by winning its prestigious American Electronics Association High Tech Award in the category of communications products and services.

"It is an honor to receive this year's AeA High Tech Award based on our innovations in the area of wireless broadband and mobile multimedia technologies," said Allen Salmasi, CEO of NextWave Wireless. "This award belongs to the entire NextWave team who consistently push the limits of wireless technology to deliver industry leading solutions to customers throughout the world."

NextWave's technology achievements include highly advanced semiconductors to power 4G mobile broadband devices, leading-edge mobile broadband network products, and breakthrough mobile TV technologies. In addition, NextWave is the industry's leading independent supplier of device-embedded multimedia software that transforms a mobile handset into a fully-featured multimedia device. To date, over 160 million handsets powered by NextWave's software have been shipped by many of the world's largest wireless operators.

About NextWave Wireless Inc.

NextWave Wireless Inc. supplies a broad range of advanced mobile broadband and wireless multimedia products and technologies to many of the largest mobile device manufacturers, network equipment suppliers, and wireless service providers in the world. NextWave's products include WiMAX/Wi-Fi semiconductors, TD-CDMA mobile broadband systems, wide-area Wi-Fi networks, and device-embedded multimedia software solutions. The company develops and markets its products through its family of world-class operating companies which include NextWave Broadband Inc., PacketVideo Corporation, IPWireless, and GO Networks, Inc. NextWave's extensive portfolio of licensed spectrum holdings include nationwide spectrum in the U.S., Canada, Germany, Switzerland, Austria, Croatia, Czech Republic and Slovakia. The company intends to make its spectrum available to customers of its advanced mobile broadband products and solutions. NextWave Wireless is headquartered in San Diego, California, U.S.A., and has offices in over a dozen countries. Visit NextWave Wireless at www.nextwave.com.

Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, NextWave, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially are discussed in greater detail in the filings of NextWave with the Securities and Exchange Commission. All such documents are available through the SEC's website at www.sec.gov. NextWave makes no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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