WiFi Wireless Announces Results of Field Test
TIGARD, OR -- 01/04/2005 -- WiFi Wireless, Inc. (OTC: WFIW) has completed its private field test. Present at the demonstration were Mr. Gene Curcio, President and CEO of Planetel, Inc., a major stockholder in WiFi Wireless, Inc., Mr. Matthew T. Walusko, COO of WiFi Wireless, Inc., and Mr. Randolph H. Brinkley, President of Brinkley & Associates and former President of BSS (Boeing Satellite Systems).
The test was performed without the use of a base station to demonstrate that a low wattage of power would deliver the signal over a long distance. The test utilized two laptop PC’s with the WiFi Wireless chip on both units, using less than 1 watt of power to transmit data over a 7 mile terrain. The signal was received in real-time and was confirmed via mobile phone. The receiving participants read the sending parties the messages as they were being sent in order to absolutely demonstrate the technology.
Mr. Curcio stated after the test was performed that, “This will surely change the whole ’hot spot’ delivery for the internet,” Mr. Brinkley commented, “The test clearly demonstrated the practical applicability and capability that is being developed by WiFi Wireless. The successful development of the WiFi Wireless chip certainly has tremendous potential for significantly enhancing the ultra wide band application of wi-fi technology.”
Currently, WiFi Wireless is scheduling additional demonstrations and tests for Planetel’s customers in South Korea. Planetel’s customers in South Korea include presentations for the A.D.D. (Agency for Defense Development) and the K.V.A. (Korean Veterans Association).
About WiFi Wireless, Inc.
WiFi Wireless Incorporated (OTC: WFIW). WiFi Wireless provides an expanded network technology to the traditional wi-fi (802.11) system. Currently, wi-fi (802.11) systems are confined to “Hot Spot” locations within a limited radius. WiFi Wireless focuses on “Space-Time” technology applications by using current UHF frequencies that enables WiFi Wireless’ hardware to provide 10 miles of service from the POP Point Of Presence, rather than the conventional wi-fi (802.11) retail space application. WiFi Wireless utilizes a base station antenna with a capacity that will allow up to 25,000 simultaneous users without degradation in performance. Business franchises can now be part of the WiFi Wireless network by providing a POP site in one central location, instead of multiple, costly, small networks at a fraction of the price of current T-Span charges affiliated with standard “Hot Spot” networks.
Safe Harbor This press release and oral statements made from time to time by representatives of the Company may contain “forward-looking statements” concerning the Company’s financial outlook, future expectations, financial and operating projections, plans and strategies, its share repurchase program and the trading markets for its securities. These forward-looking statements are subject to a number of risks and uncertainties. The Company wishes to caution readers that certain factors may impact the Company’s actual results and could cause results for subsequent periods to differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. Such factors include, but are not limited to (i) the Company’s substantial capital requirements and debt, (ii) market conditions, (iii) the Company’s dependence on demand for wireless communications and related infrastructure, (iv) competition in the communications tower industry, including the impact of technological developments, (v) consolidation in the wireless industry, (vi) future regulatory actions, (vii) conditions in its operating areas and (viii) management’s estimates and assumptions included in the Company’s 2004 Outlook. These and other important factors are described in more detail in the “Risk Factors” and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s SEC filings and public announcements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
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