LCC International Raises $9M Working Capital and Announces 2008 Restructuring Savings...

LCC International Raises $9M Working Capital and Announces 2008 Restructuring Savings of $11.7M

MCLEAN, Va.--(Business Wire)--
LCC International, Inc. (NASDAQ:LCCI) today announced that the
Company has entered into an agreement with its current lender (Bank of
America) to obtain an additional $9M working capital supported by a
limited guaranty by two existing LCC preferred shareholders (Milfam
Guarantor, LLC and BR Investco, LLC). The working capital will allow
the Company to support new growth opportunities, fund restructuring
costs and provide for other working capital requirements. The terms
and conditions of the agreement, and details on the guarantors' terms,
were presented via an investor webcast which is available within the
investor relations section at www.lcc.com and covered in greater
detail in 8-K's filed today.

The company also announced that it has taken steps towards
profitability through global cost reductions of $11.7M for 2008 or
$21.9M on an annualized basis. These cuts were implemented during the
2nd and 3rd Quarters. The company will continue to drive operational
efficiencies within all regions as well as corporate as it continues
to align costs with predictable revenues.

"We remain focused on right sizing the business towards
profitability," said Kenny Young, LCC's President and CEO. "With the
first half of the year actions behind us and our improved working
capital position we can now address new opportunities, while remaining
focused on controlling expenses."

About LCC International, Inc.

LCC International is the recognized leader in providing wireless
voice and data turn-key services to the telecommunications industry.
The Company's service offering includes network services, business
consulting, tools-based solutions; and training through its
world-renowned Wireless Institute. The Company has worked with all
major access technologies (including UMTS, EV-DO, HSDPA and WiMAX) and
has participated in the success of some of the most sophisticated
wireless systems in the world. LCC is unique in its ability to provide
comprehensive turnkey services to wireless operators around the world.
The Company brings local knowledge and global capabilities to its
customers, offering innovative solutions, insight into cutting-edge
developments and delivering solutions that increase business
efficiencies. News and additional information are available at
www.lcc.com.

Cautionary Note regarding forward-looking statements under the
Private Securities Litigation Reform Act of 1995:

Information in this release regarding LCC's expectations, beliefs,
and intentions are forward-looking statements that involve risks and
uncertainties. All forward-looking statements included in this release
are based upon information available to LCC as of the date of this
release, which may change, and LCC assumes no obligation to update any
such forward-looking statement. These statements are not guarantees.
Factors that could cause or contribute to differences from such
expectations include, but are not limited to risks associated with
international operations, challenges and costs arising from
integration of new operations and other factors that may affect our
business are discussed in LCC's filings with the Securities and
Exchange Commission, including our most recent annual report on Form
10-K and our quarterly reports on Form 10-Q.

LCC International, Inc.
Nancy Feeney
Area Vice President
Nancy_Feeney@lcc.com
+1.703.873.2077

Copyright Business Wire 2008