Wireless modems ordered

Wavenet International has received an order for BM3 wireless modems from Velocita Wireless, the Mobitex Operator in the USA, with a significant portion to support the AVL market.

Wavenet International has received its single largest order to date.

The order for BM3 wireless modems is from Velocita Wireless (formerly Cingular Wireless), the Mobitex Operator in the USA.

Deliveries are scheduled for the 2005 financial year, with a significant portion of the order going to support the growing automatic vehicle location (AVL) market.

"We are extremely pleased by the ongoing business from Velocita Wireless, who we see as a key strategic partner in engaging wireless customers in the USA.

This order underpins our status as one of the leading suppliers of wireless modems and provides a solid foundation for our expansion into other markets going forward," said Steve Metlitzky, Wavenet's CEO.

"This year is going to be very exciting as we bring a number of new wireless products to market".

"We are very focused on moving up the value chain and leveraging our solid modem business and great technical team to begin providing higher value wireless solutions to our customers," said Metlitzky.

About Wavenet - Wavenet is a leading edge telecommunications company that develops innovative wireless devices and modules for fixed, mobile and handheld computing.

The Company is based in Perth, Western Australia.

About Velocita Wireless - headquartered in Woodbridge, NJ, USA, Velocita Wireless provides corporate email, interactive messaging, field force automation, telemetry, and other advanced wireless data services through its highly reliable, nationwide Mobitex packet data network.

This network currently services 400 Fortune 1000 customers and over 50 government agencies throughout the USA.

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