SAN DIEGO, December 7, 2017 /PRNewswire/ --
Airgain, Inc. (NASDAQ: AIRG), a global
leader in wireless connectivity platforms, announced today that it
has become a member of the 5G Automotive Association (5GAA). The
company joins leading telecommunications and automotive companies
with the aim of accelerating the penetration of the connected and
autonomous car and intelligent fleet management.
Airgain believes it can play an important role in the connected
vehicle market by providing antenna technology in support of
advanced wireless connectivity solutions for in-vehicle,
vehicle-to-vehicle, and vehicle-to-infrastructure applications. It
brings to the association a portfolio of connectivity solutions and
a wealth of experience in developing antenna applications for
government, public safety, and enterprise applications.
The 5GAA membership is a pivotal milestone for Airgain. It
reiterates the company's commitment to the research and development
of new advanced solutions for the connected car, and contributing
to define the new connectivity landscape that will revolutionize
the transportation world as we know it today.
Dino Flore, General Director of
the 5GAA: "We are very pleased to welcome Airgain to the 5GAA
consortium and look forward to the contributions and expertise that
they will bring to defining the standard and applications. Wireless
system design will play a key role in the definition and
implementation of the new generation of connected cars and
infrastructure."
Alberto Bonamico, Business
Development Director, Automotive at Airgain: "We are delighted to
join the 5GAA to bring all our efforts on 5G technology to the
automotive industry. For the potential of 5G to be realized in the
automotive industry, collaboration and development of ecosystems
are fundamental. This is how we will achieve real progress with the
connected and autonomous car. We are looking forward to working
with leaders in the automotive industry, and believe our expertise
will help accelerate industry innovation in vehicle
connectivity."
The 5GAA was established in September
2016. The association is developing, testing and promoting
communications solutions, supporting standardization and
accelerating commercial availability and global market penetration.
It is working to address society's connected mobility and road
safety needs with applications such as autonomous driving,
ubiquitous access to services and integration into smart city and
intelligent transportation.
To learn more about 5GAA, please visit http://5gaa.org/
About Airgain, Inc.
Airgain is a leading provider of advanced antenna technologies
used to enable high performance wireless networking across a broad
range of home, enterprise, and industrial devices. Our innovative
antenna systems open up exciting new possibilities in wireless
services requiring high speed throughput, broad coverage footprint,
and carrier grade quality. Our antennas are found in devices
deployed in carrier, enterprise, and residential wireless networks
and systems, including set-top boxes, access points, routers,
gateways, media adapters, digital televisions, and Internet of
Things (IoT) devices. Airgain partners with and
supplies the largest blue chip brands in the world, including
original equipment and design manufacturers, chipset makers, and
global operators. Airgain is headquartered in San
Diego, California, and maintains design and test centers
in San Diego, Phoenix,
Arizona, Cambridge, United Kingdom, and Suzhou
and Shenzhen, China.
For more information, visit airgain.com, or follow us
on LinkedIn and Twitter.
Airgain and
the Airgain logo are registered trademarks
of Airgain, Inc.
Forward-Looking Statements
Airgain cautions you that statements in this press release
that are not a description of historical facts are forward-looking
statements. These statements are based on the company's current
beliefs and expectations. These forward-looking statements include
statements regarding: the potential acceleration of the penetration
of the connected and autonomous car market, and Airgain's role in
the research and development of new advanced solutions for the
connected car. The inclusion of forward-looking statements should
not be regarded as a representation by Airgain that any
of our plans will be achieved. Actual results may differ from those
set forth in this press release due to the risk and uncertainties
inherent in our business, including, without limitation: the market
for our antenna products is developing and may not develop as we
expect; our products are subject to intense competition, including
competition from the customers to whom we sell, and competitive
pressures from existing and new companies may harm our business,
sales, growth rates and market share; our future success depends on
our ability to develop and successfully introduce new and enhanced
products for the automotive market that meet the needs of our
customers; we sell to customers who are extremely price conscious;
we rely on a few contract manufacturers to produce and ship all of
our products, a single or limited number of suppliers for some
components of our products and channel partners to sell and support
our products, and the failure to manage our relationships with
these parties successfully could adversely affect our ability to
market and sell our products; if we cannot protect our intellectual
property rights, our competitive position could be harmed or we
could incur significant expenses to enforce our rights; and other
risks described in our prior press releases and in our filings with
the Securities and Exchange Commission (SEC), including
under the heading "Risk Factors" in our Annual Report on Form 10-K
and any subsequent filings with the SEC. You are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof, and we undertake no obligation to
revise or update this press release to reflect events or
circumstances after the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement, which
is made under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995.
Contact: Will
Cook, Will.Cook@harvard.co.uk, Jonathan Birch jonathan.birch@harvard.co.uk ,
+44(0)20-7861-2566
SOURCE Airgain Inc.