KTF AND AIRPRIME PARTNER TO DELIVER 3G DATA SOLUTIONS FOR NOTEBOOK COMPUTERS

AirPrime, Inc., a leading provider of CDMA wireless access solutions for the OEM market, and KTF, a subsidiary of Korea Telecom and Koreas second largest wireless network operator, today announced that AirPrimes PC5230 wireless PC Card will be available to mobile Internet users on KTFs 1xEV-DO 3G wireless network, after the network commercially launches in May 2002. KTF Subscribers will Benefit from High-Speed Wireless Internet Access Via AirPrimes PC5230 Wireless PC Card on One of the Worlds First 1xEV-DO 3G Wireless Networks.

SANTA CLARA, Calif. - Mar. 11, 2002 - AirPrime, Inc., a leading provider of CDMA wireless access solutions for the OEM market, and KTF, a subsidiary of Korea Telecom and Koreas second largest wireless network operator, today announced that AirPrimes PC5230 wireless PC Card will be available to mobile Internet users on KTFs 1xEV-DO 3G wireless network, after the network commercially launches in May 2002. AirPrimes wireless PC Card will allow KTF subscribers to access email, corporate networks, and Internet sites and services from any notebook computer containing a PC Card slot at data speeds of up to 2.4 Mbps.

We are pleased to offer our customers AirPrimes wireless PC Card on our soon-to-be-launched 1xEV-DO network throughout Korea," said Mr. GIOON MOON, Vice President of 3G Business Development Division, KTF. We believe that AirPrimes PC Card, combined with our 3G wireless network, is an ideal solution for mobile professionals who want high-speed access to Internet content and services without being tethered to a wired modem."

By providing a PC Card for KTF, one of the first operators in the world to deploy a 1xEV-DO network, AirPrime will prove its leadership in CDMA technology and its capability to meet aggressive schedules for next-generation network launches worldwide," said Anthony Gioeli, President of AirPrime, Inc. Our PC Card will allow KTF customers to be among the first in the world to experience the advantages of 1xEV-DO high-speed data from their notebook computers."

The PC5230, a member of AirPrimes PC5200 family of PC Cards, is a PCMCIA Type II PC Card, which is compatible with most models of notebook computers. Designed for operation in the 1800 MHz frequency band, AirPrimes 1xEV-DO PC Card includes a proprietary dual-antenna design for maximizing coverage, data rate transfer speeds and battery life of the notebook computer. The PC Card is also compatible with most Microsoft operating systems. As AirPrimes first international customer for its 1xEV-DO PC Card, KTF is also the worlds first carrier to market with a 1xEV-DO PC Card with dual antennas.

About KTF
Founded in 1996, KTF began nationwide wireless services in South Korea in 1997 and by February 2002, had more than 9.7million subscribers throughout South Korea. In late 2000, KTF became the first domestic firm in the PCS industry to register a surplus, with KRW 116 billion in net profits for the year. It is an innovative market and technology leader in wireless data application and services in Korea, one of world's fastest-growing mobile markets.

About AirPrime Inc.
AirPrime Inc. is a leading supplier of high-speed, CDMA (code division multiple access) wireless access solutions to the OEM (original equipment manufacturing) market. Under a full CDMA subscriber license from Qualcomm, AirPrime is focused exclusively on providing the optimal current and next-generation wireless access products to OEMs for use in handheld devices, notebook PCs, and Internet appliances. AirPrime's wireless products will also be used in telemetry and emerging applications. A private, venture-backed company, AirPrime is headquartered in Santa Clara, Calif., with additional development offices in San Diego and has a sales presence in existing and emerging markets around the world.