Wavesat Inc.

Wavesat Inc.

March 16, 2005 08:01 ET

Wavesat Discloses Mobility Chip Plans


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: WAVESAT INC.

MARCH 16, 2005 - 08:01 ET

Wavesat Discloses Mobility Chip Plans

ATLANTA, GEORGIA--(CCNMatthews - March 16, 2005) -

Leading developer of WiMAX silicon breaks new ground with backward
compatible mobility chip

Wavesat, a leading developer of WiMAX silicon, today announced at the
IEEE 802.16 meeting in Atlanta, that it has reached the final
development stage of its mobility solution, featuring advanced voice
over WiMAX and full backward compatibility with existing DM256 fixed
service chips. Developed as part of the Evolutive™ WiMAX Series, the
new chip's key technical specifications will be released at this year's
Broadband Wireless World Show to be held in Las Vegas April 21-22, 2005.

"Our customers are looking for a technological edge that will keep them
in the lead today while ensuring a trouble-free technology evolution to
protect their investment. Wavesat is proving to be a first-class partner
by delivering mobility along with backward compatibility with IEEE
802.16-2004," said Michel Guay, President and CEO of Wavesat. "We
engineered a truly evolutionary WiMAX roadmap allowing our customers to
execute their WiMAX strategy today, while offering them easy and
cost-effective upgrades to stay in the lead in the future," added Frank
Draper, Vice President, Sales and Marketing,

In addition to carrying breakthrough features, this new chip will be
available in multiple packaging formats optimized to fit the needs of
several market segments and applications, including base station markets.

Learn more about Wavesat's Evolutive™ WiMAX Series and come see our
comprehensive Reference Kit at the upcoming Broadband Wireless World
Show in Las Vegas, April 21-22, booth 116.

About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused
on the development and supply of OFDM modem chips for WiMAX compliant
systems. Wavesat is a privately held company headquartered in Montreal,
Quebec, Canada, where it conducts research and development activities.
Key investors include BDC Venture Capital, Innovatech Montreal, Monet
Capital, Pac-Link Management Corp., Skypoint Capital Corporation,
Solidarity Fund QFL and Sunsino Ventures Group.

Wavesat is a Principal member of the WiMAX Forum, a nonprofit
corporation formed to certify the compatibility and interoperability of
BW devices as specified in the IEEE 802.16-2004 standard and to help
accelerate the introduction of these devices into the marketplace.

Please visit the company's web site at www.wavesat.com

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