FierceWireless Awards IPWireless as One of the "Fierce 15" Wireless Companies of 2006

San Bruno, CA, May 10, 2006 - IPWireless announced today that it has been named to FierceWireless' annual Fierce 15 list. This distinction honors IPWireless as one of the top 15 emerging wireless companies for 2006. FierceWireless is an internationally recognized email newsletter for the wireless industry, provides more than 73,000 executives in over 100 countries a quick, authoritative briefing on the day's top wireless stories and markets.

"IPWireless continues to gain traction in the European market with expectations of penetrating N. America soon," said Lynnette Luna, editor of FierceWireless. "We congratulate the company on its continued success and for its winning of the Fierce15."

IPWireless' UMTS TD-CDMA technology is ideally suited for data-intensive, high-bandwidth applications such as mobile broadband and mobile multimedia. TD-CDMA networks allow subscribers to enjoy megabit broadband speeds with true mobility. The company's recently launched TD-CDMA-based TDtv solution, which allows operators to use their own spectrum to deliver mobile television services, is being trialed by Sprint Nextel in the US, Orange in Europe, and IPMobile in Japan.

"FierceWireless is a highly respectable and well-read news outlet in the global wireless market," said Jon Beizer, chief financial officer, IPWireless. "The industry depends on FierceWireless to provide the most up-to-date news along with the trends and happenings on a daily basis. It is, therefore, an honor to be selected as a member of the Fierce 15 by such a reputable news outlet."

The Fierce 15 celebrates the spirit of being "fierce" - championing innovation and creativity, even in the face of intense competition. The complete list of Fierce 15 companies is available in today's issue of FierceWireless and on the FierceWireless Web site at www.fiercewireless.com.

About FierceMarkets 
FierceMarkets is a Washington, DC-based e-publishing company that provides critical market information for elite business decision-makers in specialized industries. FierceMarkets publications reach more than 350,000 top-level executives in over 100 countries every business day. Current newsletters include FierceBiotech (www.fiercebiotech.com), FierceCIO (www.fiercecio.com), FierceDeveloper (www.fiercedeveloper.com), FierceEnterprise (www.fierceenterprise.com), FierceFinance (www.fiercefinance.com), FierceHealthcare (www.fiercehealthcare.com), FierceIPTV (www.fierceiptv.com), FierceMobileContent (www.fiercemobilecontent.com), FierceVoIP (www.fiercevoip.com), FierceWiFi (www.fiercewifi.com), FierceWireless (www.fiercewireless.com), and IT-Wireless (www.it-wireless.com).

About IPWireless 
IPWireless develops advanced next generation mobile broadband and multimedia technology based on global standards. The company's TD-CDMA technology has emerged as a leading global standard for wireless broadband, allowing operators to offer a spectrum of completely mobile, portable, or stationary end-to-end packet-based services with unmatched economics and performance. TD-CDMA has the highest average sector capacity, the strongest cell edge performance, and the lowest cost per megabit of any standards-based mobile technology available today, and is deployed by leading operators around the world including announced initiatives with T-Mobile, Orange, Sprint Nextel, and PCCW. The IPWireless Partner Program and chipsets allow device manufacturers and infrastructure vendors to very quickly bring innovative new TD-CDMA solutions to market. For more information, visit the company's Web site at www.ipwireless.com