Kurt Hellstrom Joins Kineto Wireless Board of Directors

Retired Ericsson President and CEO Brings Global Market Leadership Experience to Mobile over Wireless LAN Innovator


MILPITAS, Calif., June 8, 2004 (PRIMEZONE) -- Kineto Wireless (www.kinetowireless.com), a key innovator and leading supplier of Mobile over Wireless LAN (MoWLAN) solutions, today announced that Kurt Hellstrom, former president and CEO for Ericsson, has joined the company's board of directors. Mr. Hellstrom brings to Kineto more than 35 years of leadership experience within the telecommunications industry.

"Kineto Wireless is at the center of some exciting technologies. The concept of turning wireless LANs into seamless extensions of mobile networks represents a natural next step in the evolution of the wireless industry," said Kurt Hellstrom, Kineto's new board member. "I hope to use my experience to contribute to the strategy for global deployment of the technology and creation of value for Kineto's customers."

"We are proud to have Mr. Hellstrom join our board during this exciting time," said John O'Connell, president and CEO, Kineto Wireless. "The industry specifications for the convergence of mobile and Wireless LAN technology are nearing completion, and we are fortunate to be able to benefit from Kurt's prior experience in the global deployment of new mobile technologies."

Mr. Hellstrom held the position of President and CEO for Telefonaktiebolaget LM Ericsson from 1999 until his retirement in 2003. Mr. Hellstrom joined Ericsson in 1984 and held various senior positions in the company including head of Radio Systems Sweden AB and of Ericsson Business Area Radio Communications and President of Ericsson Radio Systems AB. In 1999 he was appointed Executive Vice President of Telefonaktiebolaget LM Ericsson and President of Ericsson Asia Pacific Limited in Hong Kong.

About Kineto Wireless

Kineto Wireless delivers solutions that enable the convergence mobile, VoIP and WLANs and create the next big opportunity in wireless communications. Kineto's Mobile over WLAN (MoWLAN) solution enables service providers to deliver high-performance mobile voice and data services over WLANs located within homes, offices and hot spots at significantly lower cost than existing 2.5 and 3G mobile network technologies. As a result, subscribers can use their mobile phone as their primary, if not only, communications device. As an international company, Kineto Wireless does business with leading service providers, handset suppliers and infrastructure providers worldwide. For more information about Kineto Wireless, please visit www.kinetowireless.com.


            

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