WiNetworks Secures $8 Million in Financing

Round of Financing to be Used for Expanding Mobile WiMAX Pico and Compact Base
Station Deployments

HERZLIYA, Israel, March 5 /PRNewswire/ -- WiNetworks, a pioneer and
leader in the development and integration of WiMAX network technologies,
announced today that it successfully raised an additional $8M in financing,
which will be used to expand the Win-Max(R) family of mobile WiMAX Pico and
Compact base station products and to increase market penetration and
deployments around the world.
The Win-Max family of mobile WiMAX products includes the WiN7000, an
all-outdoor compact base station, and the WiN7200, a scalable, single piece
mini base station.
All Win-Max products are based on the mobile WiMAX 802.16e Wave 2 (MIMO)
profile.
Winetworks shipped over 1,000 of the WiN7000 Compact Base Stations in
2008, and current deployments of networks include the US, Latin America,
Europe and Africa.
The WiN7200 Pico Base Station is the next generation of mobile WiMAX base
stations, providing dedicated outdoor coverage and in-building services and
capacity at the most economical scale. It was already tested on various
networks around the world and it will become commercially available later
this month.
"WiNetworks is pleased that our investors support our plans for the
deployment of our Pico and Compact base stations around the world," commented
Mr. Effi Atad, CEO of WiNetworks. "This round of financing confirms the
commitment of our shareholders to WiNetworks' technological leadership; it
will allow WiNetworks to continue the rapid growth and expansion of our
customer base."
WiNetwork's Win-Max systems offer a full range of products including the
Compact and Pico, Pico base station, and a full line of CPE. Win-Max systems
are standards-based products supporting mobile, portable and fixed
802.16e-2005 WiMAX. The Win-Max Family of mobile WiMAX products are available
in the standard frequencies 2.XGHz and 3.XGHz and the special frequencies and
1.XGHz.
About WiNetworks
WiNetworks Inc. is an innovative provider of unique WiMAX systems built
according to the 802.16e mobile WiMAX standard. WiNetwork's Win-Max(TM)
systems offer a full range of products including the Compact base station,
Pico base station, and Customer Premise Equipment (CPEs). Win-Max systems are
standards-based products supporting mobile, portable and fixed 802.16e-2005
WiMAX. WiNetworks offers the Win-Max systems in the 1.X (L-Band), 2.X and
3.XGHz frequencies including customized solutions for special frequency
ranges. Founded in 2004, WiNetworks is a principle member of the WiMAX Forum.
For more information visit: http://www.winetworks.com.
Press Contact:

WiNetworks
Michal Zabow
Email: Michalz@winetworks.com
Tel: +972-9-951-9556

SOURCE WiNetworks

Press Contact: WiNetworks, Michal Zabow, Email: Michalz@winetworks.com, Tel:
+972-9-951-9556