Digifriends, NextWave Wireless Announce WiMAX Device Collaboration
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Digifriends, NextWave Wireless Announce WiMAX Device Collaboration

SAN DIEGO—(BUSINESS WIRE)—October 15, 2008— On a mission to accelerate global WiMAX adoption, Digifriends Co. Ltd., one of Koreas leading mobile WiMAX and portable multimedia device makers and NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of wireless broadband and mobile multimedia products, announced today the development of a sophisticated, WiMAX-enabled Mobile Internet Device (MID) the M3 powered by NextWaves NW2000 WiMAX chipset. Expected to debut in 2H 2009, the much anticipated MID will bring new mobile multimedia features to the palms of global users, by tapping the power of WiMAX to deliver higher-speed access to next-generation content and services.

The DigifriendsNextWave relationship symbolizes the innovation WiMAX will bring to the international marketplace. By focusing on the development of robust, feature-rich devices that leverage the advantages of WiMAX connectivity, the two companies expect to advance end-users mobile multimedia experiences, expand operator service innovation, and spur WiMAX adoption, globally.

Embedded with NextWaves Wave 2-ready No Compromise NW2000 WiMAX chipset, the M3 MID is optimized to deliver outstanding performance of bandwidth-intensive mobile multimedia applications, including advanced gaming, streaming video of user-generated content, video conferencing/chat, Voice-over-IP (VoIP) and, where supported by operators, NextWaves MXtv mobile broadcast over WiMAX feature. The M3 also allows for high-speed Internet browsing, integrated WiMAX-WiFi-Bluetooth connectivity and offers a number of distinctive add-on accessories and peripheral components, including a keyboard, stand and speakers, to further extend WiMAX-powered service opportunities.

We expect to see an explosion of consumer and operator excitement for WiMAX in 2009, fueled by the introduction of innovative devices like the M3 that offer end-users a completely new mobile multimedia experience, said Byung Kang Park, CEO, Digifriends. We are confident that the M3s entry into the global market will accelerate the path to WiMAX, as it offers unique features that leverage the innovative technology found in NextWave Wireless WiMAX chipset.

As the WiMAX market matures and the demand for devices grows stronger, device manufacturers, like Digifriends, will need to distinguish themselves in the market by delivering solutions that exceed end-user and operator expectations, said James Brailean, Ph. D., CEO, Mobile Products Division, NextWave Wireless. We believe our WiMAX chipset is that distinguishing factor, and will set Digifriends M3 Mobile Internet Device apart from other WiMAX devices available. Our chipset was designed with a No Compromise approach so that once embedded into a device, users can experience a full mobile multimedia experience without compromising on features, performance or battery life.

NextWaves NW2000 family of advanced mobile WiMAX chipsets is ideally suited for high-volume, small form-factor wireless broadband devices. The chipset includes an 802.16e-based mobile subscriber baseband System-On-a-Chip (SoC), and complementary single-chip, highly integrated, multi-band Radio Frequency (RF) transceivers, offering optimized dual independent receive chains for mobile applications. Evaluation/System Development Kit samples were made available in Q2 2008, enabling wireless device manufacturers the opportunity to quickly and cost-effectively develop mobile WiMAX products.

Other exciting features of the M3 MID include: a 1.3-inch hard disk drive with capacities rated at between 30 and 60GB, and two built-in digital cameras a 2MP camera for capturing still images and a 0.3MP Webcam on the screen side empowering users with mobile video chat functionality.

Additional information about Digifriends or NextWave can be found online, respectively, at: www.digifriends.net, www.digifriendsusa.com, or at: www.nextwave.com.

About Digifriends

Digifriends has been a leading enterprise in the WiBro/mobile WiMAX business since 2005 and is currently preparing to freshly embark on the WiBro/mobile WiMAX Era outside South Korea. Digifriends is a leading mobile WiMAX and portable multimedia product system maker in Korea. Digifriends has its own design, hardware developing system, WiMAX(WiBro) module, miniCard, USB modem and portable device technology with more than 6 years of experience. With this experience Digifriends has become the standard in Korea for MID production and development. Digifriends is taking revolutionary steps in embarking in the global market. Please visit Digifriends at www.digifriends.net or Digifriends USA at www.digifriendsusa.com.

About NextWave Wireless

NextWave Wireless Inc. (Nasdaq: WAVE) is engineering the future of mobility by providing next-generation mobile multimedia and wireless broadband technologies to the world's leading mobile handset manufacturers, consumer electronics manufacturers and wireless service providers. From mobile television and mobile broadband systems to semiconductors and device-embedded mobile multimedia software that can be found in more than 250 million handsets around the globe, NextWave is evolving the way consumers experience mobile multimedia content. For more information, visit NextWave at www.nextwave.com.

Note Regarding Forward-Looking Statements

This press release contains forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted by such statements. Important factors that could cause actual events or results to differ materially are discussed in greater detail in the filings of NextWave with the Securities and Exchange Commission. All such documents are available through the SECs website at www.sec.gov. NextWave makes no commitment to update any forward-looking statements in order to reflect subsequent changes in events or circumstances except as may be required pursuant to applicable law.



Contact:

Digifriends (US)
Peter Kim, 213-291-9584
Email Contact
or
Digifriends (Korea)
Jeff Lim, +82-2-564-0333
Email Contact
or
NextWave Wireless Inc.
Robbin Lynn, 760-579-2261
Email Contact
or
Ruder Finn for NextWave Wireless Inc.
Chris Fallon, 917-974-1667
Email Contact