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Ticker:ANCC
Company Name: AirNet Communications Corporation

Business Overview from 10-K filing for AirNet Communications Corporation:

Historical Overview. We were incorporated in Delaware in 1994 as Overture Systems, Inc. and changed our name to AirNet Communications Corporation later that year. We began marketing our GSM base stations in the beginning of 1996 and shipped our first GSM base station in May 1997. Through December 31, 2004, our base stations had been deployed in twenty-seven networks. Worldwide, we sell our products through our direct sales force, as well as through agents, resellers, and original equipment manufacturers (OEMs). From our inception in January 1994 through May 1997, our operations consisted principally of start-up activity associated with the design, development, and marketing of our products. We did not generate significant revenues until 1998 and have generated $134.6 million in net revenues from our inception through December 31, 2004.     

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