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Powerwave Technologies Introduces New High Efficiency UMTS MCPA At 3GSM World Congress

By Anonymous

Santa Ana, California - February 19, 2003 - Powerwave Technologies, Inc. (NASDAQ: PWAV), a leading supplier of radio frequency (RF) power amplifiers for use in wireless communications networks, will demonstrate its latest high performance multi-carrier power amplifier (MCPA) technology for UMTS networks at the 3GSM World Congress in Cannes, February 18 - 21. Demonstrations will include the company's newest high performance MCPA, which delivers an impressive 22 percent efficiency.

"Powerwave’s next generation amplifier solutions have once again set a powerful performance standard for the industry," stated Bruce C. Edwards, President and Chief Executive Officer of Powerwave Technologies. "As one of the leading independent providers of high performance multi-carrier RF power amplifier technology, our new UMTS product combines industry leading power and efficiency with cutting edge architecture.”

Continuing its leadership role in delivering increasing power and performance, Powerwave will be demonstrating a new multi-carrier RF power amplifier design for UMTS networks. This unique architecture achieves efficiency levels exceeding 22 percent and demonstrates full 3GPP compliance over a 20 MHz (4 carrier W-CDMA) instantaneous bandwidth. This new proprietary architecture will initially be incorporated in Powerwave’s next generation of 3G amplifiers.

Powerwave’s high efficiency UMTS amplifier will be demonstrated at the 3GSM World Congress in Hall 2, Booth D48.

Company Background
Powerwave Technologies, Inc., a TL 9000 and ISO 9001 quality certified company, is a leading supplier of high performance RF power amplifiers for use in wireless communications networks. Powerwave designs, manufactures and markets both single carrier and multi-carrier RF power amplifiers for use in cellular, PCS and 3G base stations throughout the world. For more information on Powerwave's high performance, ultra-linear RF power amplifiers and amplifier systems, please visit our web site at www.powerwave.com.

Forward-Looking Statements
The foregoing statements regarding the introduction of new products and architectures and the benefits to be derived from the new products or architectures are "forward looking statements." All of these statements are subject to risks and uncertainties which could cause our actual results to differ materially from those projected or implied. Such potential risks and uncertainties include, but are not limited to, in no particular order: unexpected technical difficulties in developing new products; undetected technical problems which could impact the performance of the new products; difficulties or delays in obtaining customer qualification of new products; delays in deployment of 3G systems by wireless OEM’s and delays in acceptance of 3G systems by network operators; we require continued success in the design of new amplifier products and such products must be manufacturable and of good quality and reliability; the ramp up of new engineering projects and product lines incurs many additional costs and if customer demand for such new products is not large enough, such costs may have a negative impact on our operating results; our business requires continued favorable business conditions and growth in the wireless communications market. More detailed information on these and additional factors which could affect Powerwave's operating and financial results are described in the Company's Form 10-K for the fiscal year ended December 30, 2001 and form 10-Q for the quarter ended September 29, 2002 which are filed with the Securities and Exchange Commission, and other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Powerwave urges all interested parties to read these reports to gain a better understanding of the many business and other risks that the Company faces. Additionally, Powerwave undertakes no obligation to publicly release the results of any revisions to these forward-looking statements which may be made to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events.




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