SOURCE: AirTouch Communications

November 16, 2011 09:00 ET

AirTouch Communications Provides Quarterly Shareholder Update

NEWPORT BEACH, CA--(Marketwire - Nov 16, 2011) - AirTouch Communications (OTCBB: ATCH) (www.airtouchinc.com), which designs and markets wireless telecommunication devices, today is providing a shareholder update that highlights the certification of the X1500 from Verizon Wireless, the establishment of AirTouch China, and plans by AirTouch for emerging markets around the globe.

"We achieved several key milestones, most importantly, our announcement on November 15th regarding the certification by Verizon Wireless of our patented communication device, the HomeConneX X1500," stated Mr. Hideyuki Kanakubo, Founder and Chief Executive Officer of AirTouch.

In addition, the company launched AirTouch China for the millions of Chinese who are unlikely to be reached by landlines and to obtain purchase orders from Chinese carriers, including China Mobile, China Telecom and China Unicom.

"We foresee worldwide demand, particularly in China and in many areas of Asia, Latin America and Africa which suffer from poor-quality calls, have limited landlines and limited access to high-speed broadband," Kanakubo said. "AirTouch allows consumers and small businesses to receive all the benefits of full connectivity at a fraction of the cost of traditional methods. Our cordless cell phone and wireless data units are many times more powerful than a handheld mobile phone, yet allow for safe signal amplification from the base unit," he added.

AirTouch has developed the HomeConneX X1500 for the home or office. The device is more powerful than handheld cellular phones, while reducing the possible hazards of microwave radiation of cellular phones to sensitive human tissues on prolonged calls. This wireless unit serves as a base station acting like a traditional cordless phone, but utilizes the cellular network. Other AirTouch products can deliver data, Internet, movies, and interface to security services and TV. According to a 2011 study by Multimedia Research Group, the global IPTV market is expected to grow to 113 million subscribers by 2015 and AirTouch can provide the wireless products to access these services.

The HomeConneX X1500 wireless phone is certified to be used on the Verizon Wireless 3G network. The product allows consumers and small businesses to "cut the cord" to their landline service providers for both voice and data, while retaining excellent phone sound quality and full data services.

In addition, AirTouch in 2011 signed a multi-year wholesale agreement with LightSquared. Using LightSquared's network, AirTouch will offer its own branded wireless connectivity. Consumers and businesses that purchase AirTouch products can now conveniently sign up for accompanying AirTouch wireless connectivity.

AirTouch also announced in 2011 that it has hired Thomas Quan as Executive Vice President of Sales and Marketing to provide leadership for its business development. Mr. Quan has a 20-year background in executive management, mass market retail, sales, marketing, advertising and operations, having recently served as Vice President of Wireless Communications for RadioShack Corp.

"In addition to building its management team and signing multiple wholesale agreements, AirTouch completed a merger and underwent a name change. Mr. Kanakubo concluded, "We believe that these key milestones, as well as our strong balance sheet, position us to achieve strong growth throughout the remainder of the year and into 2012. We intend to aggressively pursue opportunities in many other emerging markets around the world to seek similar high-growth opportunities."

About AirTouch® Communications

AirTouch® Communications, Inc. is engaged in the development and marketing of patented communications devices capable of converging voice, data, video, security, entertainment and other advanced communications services from various service providers on one piece of hardware. AirTouch currently holds three patents for their unique combination of cordless telephone technology and wireless signal amplification which enables consumers and business to access voice, data, and other applications and services over the cellular wireless network. For further information about AirTouch Communications, please visit the web site: www.airtouchinc.com

Forward-Looking Statement

This press release contains forward-looking statements. These statements relate to future events or our future financial performance, including but not limited to statements regarding the future distribution and sale of the HomeConneX X1500 wireless phone through Verizon Wireless network and the future distribution and sale of our other telecommunications devices to retail markets, and the demand for our telecommunications devices in international markets and other developing countries. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements including but not limited to the absence of any purchase orders, agreements or commitments at this time to purchase our HomeConneX X1500 wireless phone or other telecommunications devices, the risk that our HomeConneX X1500 wireless phone may not be accepted by Verizon Wireless customers and that our telecommunications devices may not otherwise be accepted and those other risks set forth in our registration statement on Form S-1 filed with the SEC on September 29, 2011. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "would," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "projects," "potential" or "continue" or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. We undertake no obligation to update any of the forward-looking statements after the date of this release to conform those statements to reflect the occurrence of unanticipated events or otherwise, except as required by applicable law.

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