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MobilePro Joins Wireless Communications Association International
BETHESDA, Md., June 1 /PRNewswire-FirstCall/ -- MobilePro Corp. (BULLETIN BOARD: MOBL) announced today that it has joined the Wireless Communications Association International (WCA) (http://www.wcai.com/) and that Jay Wright, President and CEO of MobilePro, has been selected to serve on a panel discussion for Capital Market Requirements and Financing Opportunities for Broadband Wireless at the Wireless Communications Association's June 2004 Conference. MobilePro will have the opportunity to discuss its recently announced equity financing, telecommunications acquisition strategy and new patent pending wireless technology. The other panel experts are former FCC Commissioner, Susan Ness; Partner at venture capital firm Columbia Capital James B. Fleming, Jr.; Partner at Dolphin Equity Partners Salvatore Tirabassi; and Executive Director, Corporate Development and WCA Executive Committee Member Sid Ganju. The conference will be held in Washington, D.C. from June 1 to June 4, 2004. Jay Wright will participate in the panel discussion scheduled for June 3 at 8:15 am.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO )
MobilePro joins more than 260 other member companies on six continents served by the WCA, which works to advance the interests of the wireless carriers that provide high-speed data, Internet, voice and video services on broadband spectrum through land-based systems using reception/transmit devices in all broadband spectrum bands.
"We are delighted to have MobilePro as our newest business member," said WCA President Andrew Kreig. "The company's acquisition strategy in our marketplace and strong financial backing makes it a natural for membership in the WCA as well as a valued addition to a distinguished panel discussion group," Kreig added.
MobilePro President and CEO Jay Wright said, "I'm pleased that MobilePro has been selected to join the WCA as well as serve on the panel at the upcoming conference. We believe that our selection to the panel recognizes the importance of our recent $100 million financing as a key milestone for the company. The conference will provide us the opportunity to showcase our growth strategy and highlight our achievements over the past several months. I encourage our investors, customers, and vendors to attend the conference and meet Kurt Gordon, our CFO, and me at the conference on June 3 at the Marriott Wardman Park Hotel, 2660 Woodley Road, NW, Washington, D.C. 20008."
About MobilePro
MobilePro Corp. is a wireless technology and broadband Internet services company based in Bethesda, Maryland with operations in Hurst, Dallas and Beaumont, Texas. The company is focused on creating shareholder value by developing innovative wireless technologies, acquiring and growing profitable broadband Internet service providers and forging strategic alliances with well-positioned companies in complementary product lines and industries.
An investment profile about MobilePro Corp. may be found online at http://www.hawkassociates.com/mobilepro/profile.htm.
For more information, contact MobilePro CEO, Jay Wright at (301) 315-9040. For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383. Email: info@hawkassociates.com. Detailed information about MobilePro can be found on the website http://www.mobileprocorp.com/. An online investor kit including copies of MobilePro press releases, current price quotes, stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com/ and http://www.hawkmicrocaps.com/.
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward- looking statements including the company's ability to obtain future financing on favorable terms, changes in the wireless and telecommunications industries that compel the company to alter its present business strategy, the company's ability to attract management capable of implementing the company's existing or future business strategy and the risk factors set forth in the company's SB-2 registration statement. Results actually achieved may differ materially from expected results included in these statements as a result of these factors or others. Specifically, investors are cautioned that development of any form of semiconductor or other chip has many risks, including, but not limited to, the risk that the design may prove too expensive or too impractical to manufacture, the risk that development may be delayed or become more expensive than anticipated and/or that competitors may develop better, less expensive chips. Many chip developers, such as Intel, Motorola and Texas Instruments, have greater resources than MobilePro and thus are formidable actual or potential competitors. Additionally, the United States patent and trademark office may not grant a patent on a filed application or may grant only a portion of the claims made. Even if a patent is issued, having a patent does not guarantee the success of a product or the company which owns the patent.
http://www.wcai.com http://www.hawkassociates.com/mobilepro/profile.htm http://www.hawkassociates.com http://www.hawkmicrocaps.com
Photo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com
MobilePro Corp.
CONTACT: Jay Wright, CEO, MobilePro, +1-301-315-9040; or Frank Hawkinsor Julie Marshall, both of Hawk Associates, +1-305-852-2383, orinfo@hawkassociates.com, for MobilePro
Web site: http://www.mobileprocorp.com/
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