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Air Advantage Expands Its Wireless Broadband Network with WaveRider's Last Mile Solution
TORONTO --(Business Wire)-- July 12, 2004 -- Wireless ISP to serve businesses and residents in 26 Michigan communities
WaveRider Communications Inc. (OTCBB: WAVR), the leader in non-line-of-sight wireless broadband technology and deployments, today announced that Air Advantage, a wireless Internet service provider in Michigan, has chosen WaveRider's Last Mile Solution(R) to deliver broadband services to business and residents throughout its service area.
Air Advantage now offers high-speed communications services in fifteen communities in Michigan's Thumb Area via WaveRider's non-line-of-sight wireless systems. The company's wireless network serves more than 600 broadband subscribers throughout the region. Air Advantage plans to expand its wireless services to eleven more communities in southeastern Michigan.
"We initially planned our wireless broadband network to help the small businesses and residents in our community that did not have access to affordable high-speed communications services," said Scott Zimmer, President, Air Advantage. "As a local business, our first priority was to build a network that would deliver the reliable services these subscribers needed, in the most cost-effective way possible. Deploying WaveRider's wireless system has enabled us to meet both of these criteria."
"Many of our service areas in Michigan are heavily treed, which is desirable for residents but poses a challenge to many wireless systems," added Zimmer. "WaveRider's wireless network has been proven to be the best solution for communities like ours because of its ability to transmit through the trees. The technology has also allowed us to quickly grow our networks to serve more customers, without having to re-invest in our infrastructure. The system will also enable us to offer more advanced communications services as new technologies become available."
Air Advantage has played an important role in making broadband access available to small and rural communities in Michigan's Thumb Area. The company recently received funding to continue its expansion from the RUS (Rural Utilities Service) telecommunications programs offered by the United States Department of Agriculture. The loan program is designed to promote the delivery of broadband services to rural communities throughout the United States. Air Advantage has utilized the RUS funding to serve the Huron, Tuscola and Sanilac counties and plans to expand into neighboring counties.
"Companies like Air Advantage are playing a significant role in the proliferation of broadband services throughout North America, and their efforts are being recognized by their customers, their communities and by many state, provincial and federal organizations," said Charles Brown, Executive Vice President. "WaveRider continues to enhance our existing product lines with new features and capabilities, to enable our customers to expand the reach and capabilities of their WaveRider systems, while supporting a profitable business model that will allow them to grow."
The world leader in fixed wireless Non-Line-of-Sight Technology
WaveRider's Last Mile Solution(R) is the world's first fixed wireless broadband product to deliver true non-line-of-sight Internet connections in the license-exempt spectrum. WaveRider's LMS is distinguished in the non-line-of-sight category by its user-installed indoor antenna, which enables broadband connections through buildings, tree canopies and other line-of-sight barriers.
WaveRider's LMS systems have been deployed by hundreds of service providers in the United States, Canada, South America, the Caribbean and other international markets. WaveRider's customers have now made wireless broadband service accessible to hundreds of thousands of potential subscribers across the country.
About Air Advantage
Air Advantage is a wireless broadband provider serving the "Thumb" of Michigan since 2002. Recent USDA grant and loan awards will provide Air Advantage with the necessary means to expand its existing network throughout Michigan. Learn more about Air Advantage by visiting the company website at www.airadvantage.net, via email at szimmer@airadvantage.net or by calling 989-652-9500.
About WaveRider Communications Inc.
WaveRider Communications Inc. (www.waverider.com) is a leading global provider of fixed wireless Internet access products. WaveRider's Last Mile Solution(R) product family includes its non-line-of-sight 900 MHz wireless system that connects businesses and residential subscribers to the Internet. WaveRider's NCL Series provides high-speed wireless connections between single or multiple computer networks using the 2.4 GHz band and 900 MHz bands. WaveRider is traded on the OTC Bulletin Board, under the symbol WAVR.
Except for the historical statements made herein, this release contains forward-looking statements that involve risks and uncertainties including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, realizing expected revenue, technological development risks, and seasonality. Risk factors also include the company's ability to secure additional financing; the company's ability to commercialize its products; the company's ability to compete successfully in the future against existing or new competitors; the company's ability to protect its intellectual property and the assurance that the rights granted under patents or copyrights that may be issued will provide sufficient protection to its intellectual property rights; the company's success in enhancing existing products and developing new products to keep up with the technological advances in the data communications industry; the continued availability of the license-exempt spectrum which is based on regulation by U.S. and foreign governments; the company's ability to avoid significant product liability exposure; the company's dependence on a limited number of third party manufacturers; the company's ability to execute its business plan and generate an overall profit and other risk factors detailed in the Company's filings with the Securities and Exchange Commission, including the company's annual report on Form 10-K as amended. Due to these factors, actual results could differ materially from those expressed in forward looking statements by the company.
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