Franklin Wireless Commences Trading on the OTC Bulletin Board

SAN DIEGO, CA--(Marketwire - August 14, 2007) - Franklin Wireless Corp. (OTCBB: FKLT) , a developer and marketer of wireless broadband communications devices and applications, announced that the company's common shares have begun trading on the OTC Bulletin Board (OTCBB) under the new ticker symbol "FKLT.OB." The shares were previously traded on the Pink Sheet (PK) trading system under the ticker symbol "FKLT.PK."

The move effectively broadens the market for Franklin Wireless stock since investors in OTCBB companies have access to more complete and verifiable information about the companies trading in that marketplace.

"Our move to the OTCBB reflects the company's maturity as it continues to report strong sales of industry-leading mobile broadband modem products and deliver profits each quarter," said OC Kim, president of Franklin Wireless.

Franklin Wireless products are marketed through Original Equipment Manufacturers ("OEMs") and distributors, as well as directly to operators and end users.

About Franklin Wireless

Franklin Wireless Corp. (OTCBB: FKLT) designs and markets wireless broadband high speed data communication products such as 3rd generation ("3G") wireless broadband modules and modems to end users and wireless companies in North and South American countries. Franklin focuses on wireless broadband USB modems, which provides a flexible way for wireless subscribers to connect to the wireless broadband network with any laptop, table PC or desktop USB port without a PC card slot. The company was founded in 1982 and is headquartered in San Diego, California. For more information about Franklin Wireless, please visit www.franklin-wireless.com

Certain statements in this press release constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.