NextWave Wireless to Acquire GO Networks

NextWave Wireless Inc. has signed a definitive agreement to acquire GO Networks Inc., a privately-held company headquartered in Mountain View, CA with research and development facilities in Tel Aviv, Israel. GO Networks develops advanced mobile Wi-Fi network solutions for service providers looking to deploy campus and municipal Wi-Fi systems with carrier- class quality, coverage, capacity and performance.

GO Networks' Metro Broadband Wireless (MBW) system is a highly-scalable Wi-Fi network solution optimized to deliver cost-effective, next-generation mobile data, voice, and multimedia services. Utilizing xRF(TM) technology, a proprietary adaptive beamforming antenna engine, and an innovative, self- organizing and multi-frequency mesh architecture, GO's MBW solution is designed to deliver exceptional network performance and operating economics.

"After extensive field testing of several metro-scale Wi-Fi network systems, we selected GO's Metro Broadband Wireless system as the most competitive and cost-effective Wi-Fi network solution for NextWave," said Allen Salmasi, president and chief executive officer of NextWave Wireless. "GO Networks' pioneering Wi-Fi technology is a natural complement to NextWave's WiMAX product line and will enhance our ability to deliver high- performance, wide-area and local-area wireless broadband services using stand- alone or integrated Wi-Fi/WiMAX solutions that utilize both licensed and license-exempt spectrum. We look forward to working closely with the outstanding team at GO to provide service providers with world-class, metro Wi-Fi network solutions that deliver the quality, capacity, and performance they demand."

"NextWave is making excellent progress in developing their next-generation WiMAX chipsets, network components and other key elements of their innovative, end-to-end wireless broadband system. We are very excited about the opportunity to integrate technologies developed by GO Networks into NextWave's solution and look forward to working with their Network Services Group to offer highly-competitive Wi-Fi and WiMAX-based solutions to our customers worldwide," said Oz Leave, Chief Executive Officer and President of GO Networks.