P-Com Receives $2.4 Million Order From Leading Wireless Carrier in Latin America CAMPBELL, Calif., March 15 /PRNewswire-FirstCall/ -- P-Com, Inc. (BULLETIN BOARD: PCOM) , a worldwide provider of wireless telecom products and services, today announced a $2.4 million order for its advanced, point-to-point radios from a customer in Latin America. The order from a leading wireless carrier is for P-Com's Encore Plus, a variable bandwidth, digital microwave radio that facilitates high-speed voice, data and video transmissions across a network. On March 1, P-Com announced a $2 million order from the same carrier, bringing total orders to more than $4 million for the first quarter. "This follow-on order represents a significant increase in market share for P-Com with this important customer, and it highlights the attractiveness of our products and our success in growing sales in a key market," said P-Com President and CEO Sam Smookler. "These orders also further our momentum in Latin America, where we recently appointed a new sales director for the region and began deploying AirPro Gold.Net radios for a customer in Brazil." On March 3, P-Com announced that its AirPro Gold.Net radios were being installed in Brazil atop multi-story apartment buildings across the country through an agreement with an Internet Service Provider (ISP) delivering wireless broadband services. On March 11, P-Com announced that Alvaro Pinto, a telecommunications executive with more than 15 years of experience in LatinAmerica, was appointed sales director for the region. About P-Com, Inc. P-Com, Inc. develops, manufactures, and markets point-to-point, spread spectrum and point-to-multipoint, wireless access systems to the worldwide telecommunications market. P-Com broadband wireless access systems are designed to satisfy the high-speed, integrated network requirements of Internet access associated with Business to Business and E-Commerce business processes. Cellular and personal communications service (PCS) providers utilize P-Com point-to-point systems to provide backhaul between base stations and mobile switching centers. Government, utility, and business entities use P-Com systems in public and private network applications. For more information visit http://www.p-com.com/ or call 408-866-3660. Safe Harbor Statement Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause P-Com's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to: the ability to achieve positive cash flow given the Company's existing and anticipated operating and other costs, and current sales trends; the need to raise additional equity capital, and whether that capital is available on acceptable terms, if at all; the Company's ability to negotiate repayment terms with many of its creditors, and settle outstanding litigation; the continued intense competition from leading telecommunications equipment and technology suppliers resulting in lower average selling prices; fluctuations in customer demand; reliance upon subcontractors; the ability of P-Com's customers to finance their purchases; thetiming of new technology and product introductions; and the risk of early obsolescence. Many of these risks and uncertainties are beyond P-Com's control. Reference is made to the discussion of risk factors detailed in P-Com's filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q. Media Contact: Investor Contact: Greg Berardi Dan Rumsey, General Counsel and Acting CFO 415-239-7826 408-866-3666 DATASOURCE: P-Com, Inc. CONTACT: press, Greg Berardi for P-Com, 415-239-7826, or ; or investors, Dan Rumsey, General Counsel and Acting CFO of P-Com, +1-408-866-3666, or Web site: http://www.p-com.com/

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