Airgain Announces Record Year in New Business and Revenue Growth

CARLSBAD, CA--(Marketwire - Jan 7, 2013) - Airgain, Inc., an industry leader of smart and embedded antenna technology, integration support, and test services for the in-home wireless device market, today announced that the company achieved record revenue and shipments growth in 2012. Sales of the companies embedded antenna products have increased over 80 percent year over year, and the results continue a three year trend of annualized growth above 70 percent. Airgain enters the new year with strong momentum, having shipped over 40 million antennas in 2012 alone, into a variety of wireless set-top box, residential gateway, and home router products.

Demand for Airgain's embedded antenna products have been driven by its singular commitment to high performance solutions, which has allowed it to build a leadership position in the in-home WLAN antenna market. The company's antennas are now found in end-user products deployed in carrier, enterprise, and residential wireless networks worldwide, ranging from advanced wireless receivers for IPTV video distribution to the industry's first 802.11ac Wi-Fi dual-band gigabit routers. The company also introduced several innovative new designs for adjacent wireless connectivity markets, including enterprise class routers, cellular/LTE femtocells, and smart metering and M2M devices.

"With our unique engineering integration and services approach, Airgain has solidified its position as the leading provider of embedded antennas for the in-home WLAN market," said Charles Myers, President and Chief Executive Officer of Airgain. "This was a phenomenal year for the company in both product sales and customer penetration. The growth in the demand for wireless connectivity continues to create a tremendous demand for our RF expertise to characterize, integrate, and validate wireless system performance of next generation devices. We look forward to sustained growth and increased market share in 2013 and beyond as Airgain successfully continues to expand its product offerings to industry-leading tier one customers."

Airgain has been designing and evaluating wireless antenna solutions for 802.11-based WLAN devices since 2004. The company has gained a significant level of expertise in the testing and evaluation of wireless systems to determine relative performance differences between devices, and has developed a proprietary set of performance metrics, measurement methodologies, and test conditions to enable measuring and predicting the relative performance of 802.11 WLAN devices and networks at the component and application level.

Airgain at CES 2013

Airgain will be exhibiting at the 2013 International Consumer Electronics Show (CES) in Las Vegas, held January 8 through 11^th, showcasing their innovative antenna systems and integration support that open up exciting new possibilities in whole-home wireless data and video coverage. To learn more, please plan a visit to the Airgain Hospitality Suite at The Venetian Resort Hotel Casino, 3355 South Las Vegas Blvd, in Piazza Suite #33-235. To schedule a meeting, contact Jules Cassano at jcassano@airgain.com or +1 760 444 6008.

About Airgain

Airgain is a leading provider of high-performance smart and embedded antenna products, integration support, and test services for the in-home wireless device market. Our innovative antenna systems and support open up exciting new possibilities in residential wireless services requiring design flexibility and reliable, whole-home wireless data and video coverage. The company has shipped over 100 million antenna products to date and supplies its embedded antenna products to original equipment and design manufacturers worldwide. Airgain is headquartered in Carlsbad, California, and maintains design and test centers in Carlsbad, Taipei, Taiwan, and Suzhou, China. For more information, please visit www.airgain.com.

Airgain and the Airgain logo are registered trademarks of Airgain, Inc.