ENWV Endwave Corp. (MM)

Endwave and Nokia Networks Announce Multi-Year, Multi-Million Dollar Supply Agreement - Re-Release Endwave Transceivers to Power Nokia's Cellular Transmission Networks in Europe and Asia SUNNYVALE, Calif., Feb. 12 /PRNewswire-FirstCall/ -- Endwave Corporation , a leading provider of radio frequency (RF) subsystems for carrier-class, broadband wireless access and cellular backhaul networks, announced the execution of a follow-on contract with Nokia Networks for the production of Endwave's current and next-generation transceivers. These transceivers are used as the core RF module for Nokia's FlexiHopper(TM) and FlexiHopper Plus(TM) microwave radios. The FlexiHopper(TM) system is designed for use in cellular networks deployed in Europe and Asia. Endwave's transceivers seamlessly integrate with Nokia's FlexiHopper(TM) family of microwave radios, combining the high frequency transmit and receive functions of a radio system into a single package. Once integrated within the radio, these modules enable significantly increased spectral efficiency as compared with previous designs. This new contract is a two year follow-on to the previous multi-year agreement between the companies that concluded on December 31, 2003 and covers sixteen separate modules over four frequency bands. Further, this production agreement covers both the current transceiver design and the next-generation transceiver disclosed in the previously announced development agreement between the companies. "This follow-on production agreement solidifies our position as the leading supplier of next-generation cellular-transmission subsystems," said Ed Keible, CEO and President of Endwave Corporation. "Our volume manufacturing capability coupled with our high-frequency design expertise is enabling leading system integrators such as Nokia to meet the growing demand for higher bandwidth cellular infrastructure and more robust mobile Internet connectivity." "The performance, quality, and ease of integration of Nokia's FlexiHopper(TM) family of microwave radios contributes significantly to our capability to quickly deploy reliable cellular networks, which is crucial for our operator customers," said Risto Valtonen, General Manager, Cellular Transmission Business at Nokia Networks. "We chose Endwave because of our excellent long-standing relationship, along with their advanced technology and high-volume manufacturing capability to produce superior, customized transceivers for our FlexiHopper(TM) family of radios." Endwave originally released this announcement on January 21, 2004. Corrections shown in this re-release reflect the proper title for Mr. Risto Valtonen, as well as specific text surrounding Nokia radio deployments that are targeted primarily at Europe and Asia. About Endwave Endwave Corporation is a provider of radio frequency (RF) subsystems that enable the transmission and reception of voice and data signals in broadband wireless systems. The company develops and manufactures products used in high-speed cellular backhaul networks, enterprise access, homeland security, defense electronics and radar systems, and other broadband applications. These products include integrated transceivers, oscillators/synthesizers, high-power cellular switch-combiners, and RF modules (amplifiers, frequency multipliers, switches, and up/down-converters). Endwave has more than 35 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered inSunnyvale, CA, with operations in Diamond Springs, CA; Andover, MA; and Lamphun, Thailand. Additional information about the company can be accessed from the company's web site at http://www.endwave.com/ . "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Federal securities laws and is subject to the safe harbor created thereby. These statements include, but are not limited to, statements regarding forecasted future financial results. Actual results could differ materially from the forward-looking statements due to many factors, including the following: the risks that products will fail to achieve market acceptance, the timing orexistence of customer orders, market volatility and weakness, customer concentration, delays in the design process, production delays or cancellations due to product defects or defects in materials supplied by vendors, the length of our sales cycle, our ability to develop, introduce and market new products and product enhancements, changes in product mix or distribution channels; the demand for wireless networking products and end-user products that incorporate wireless technology; competitive technologies; and, technological difficulties and resource constraints encountered in developing, transitioning and/or introducing new products. Forward-looking statements contained in this press release should be considered in light of these factors and those factors discussed from time to time in Endwave's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors" in Endwave's report on Form 10-K and subsequently filed reports on Form 10-Q. DATASOURCE:Endwave Corporation CONTACT: Mark Hebeisen, VP Marketing of Endwave Corporation, +1-408-522-7702, or Web site: http://www.endwave.com/

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