Minneapolis, MN – December 3, 2001 — NextNet Wireless, developer
of the industry’s first non line-of-sight (NLOS) broadband wireless
access system, with indoor, plug-and-play subscriber equipment, announced
today that Guy J. Kelnhofer III has joined the NextNet management team
as its new president and chief executive officer. The appointment of Kelnhofer
follows a highly successful twelve-month period for NextNet, in which
the company captured the first-to-market broadband wireless advantage,
with its commercial-ready Expedience™ NLOS platform.
“We are extremely pleased to have Guy on board,” stated Joe
Costello, NextNet chairman of the board. “Guy is a market-focused
executive who shares our vision of greatness for NextNet. His proven track
record for building and managing growth companies will further strengthen
our leadership position, as we move forward," Costello concluded.
Don Green, NextNet board member, and former chairman of Advanced Fibre
Communications, (Nasdaq: AFCI) stated, "Guy is a 15-year wireless
communications equipment veteran with demonstrated success in expanding
International markets for wireless data systems and services. His market
knowledge and strategic insights will help drive mass market rollouts
of NextNet’s Expedience broadband wireless system."
“I'm pleased and excited to join the NextNet management team,"
stated Guy Kelnhofer. "NextNet has created an excellent platform
from which to build a market dominator. I look forward to expanding on
the strengths of our team, and executing on our strategy of providing
carriers with solutions that deliver on the promise of broadband wireless
profitability,” Kelnhofer concluded.
Prior to joining NextNet, Kelnhofer served as chief operating officer
at Dataradio COR, a designer and manufacturer of wireless communications
products for the commercial, defense, public safety, and utility markets.
Prior to joining Dataradio, Kelnhofer served as general manager, director
of international sales, and director of international sourcing at E.F.
Johnson Company, a worldwide manufacturer and distributor of wireless
voice and data solutions. Earlier, Kelnhofer served as chief executive
officer of Medial and Electronic Technology Exporters, Inc., facilitating
high tech equipment and technology transfers between the US and Asia,
China, Hong Kong and Japan.
About NextNet Expedience
NextNet Expedience is the industry’s first
commercial-ready NLOS broadband wireless access
system, with indoor, plug-and-play, portable subscriber
equipment. The Expedience platform offers service
providers NLOS performance, at the lowest total
cost, without sacrificing subscriber throughput
to achieve broad coverage. It is the only BWA system
proven to consistently deliver 2 Mbps speeds to
end users, throughout non line-of-sight cells of
up to five miles in radius. The patented OFDM-based
architecture of the Expedience system provides the
most profitable platform for mass-market delivery
of portable broadband fixed wireless services today,
and a solid migration path for delivery of mobile
broadband services in the future.
About NextNet Wireless
NextNet Wireless is a privately held company that develops non-line-of-sight
broadband wireless access platforms that provide telecommunications carriers
with solutions for rapid deployment of high-speed, two-way voice and data
services over the “last mile” of the communications network.
The Company’s end-to-end Expedience™ system enables wireless service
providers to deliver low-cost, converged services to small office/home
office and residential subscribers over a single multi-service network.
The Expedience platform is currently available for the MMDS (2.5 to 2.686
GHz) band, and its patented technology is being leveraged to address other
frequency bands and wireless applications under 6 GHz.
NextNet’s primary investors include Cabletron Systems, Inc. (NYSE:
CS), DCM-Doll Capital Management, Globespan Capital Partners, Star Ventures, ZAMBA
Corporation (NASDAQ: ZMBA), and others.
