Press release

Airgain® Chosen as Antenna System Supplier by a Multi-National Networking Technology Conglomerate for its First 5G Enterprise Network Platform

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Sponsored by Businesswire

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced it was chosen by one of the world’s leading enterprise networking equipment manufacturers as its connectivity provider for its first 5G enterprise network platform.

Airgain designed, integrated, and validated an innovative antenna system for a powerful new 5G FR1 enterprise software defined wide area networking (SD-WAN) branch router. With multi-Gigabit capabilities, it is designed for large indoor enterprise deployments where commercial 5G services with high throughput and low-latency network services are required. Airgain’s 5G antenna solution was selected from competing solutions due to its optimized throughput and coverage performance, enabling enterprise grade in-building connectivity. Based on its continued relationship, Airgain expects this design to be one of multiple new collaborations with this leader in networking for the internet while Airgain looks to further its reach into the growing enterprise market with continued design wins.

“Securing this new generation 5G enterprise design represents a significant move for Airgain as a supplier into the growing wireless SD-WAN market,” said Bill Swafford, Vice President of Sales, North America at Airgain. “The explosive proliferation of wireless WAN end-points has accelerated the demand for high performance, secure, 5G links in enterprise scale networking deployments to reliably support higher volumes of user devices and applications. Being selected by such a world-renowned networking technology conglomerate to provide the connectivity services needed to help enable its enterprise and small and medium business (SMB) customers to receive the best connectivity experience that 5G can offer is an honor. This validates Airgain’s unique value proposition and skillsets for this important market space.”

About Airgain, Inc.

Airgain is a leading provider of advanced wireless connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive. Our mission is to connect the world through advanced antenna systems and integrated wireless solutions. Combining design-led thinking with testing and development, our technologies are deployed in carrier, fleet, enterprise, residential, private, government, and public safety wireless networks and systems, including set-top boxes, access points, routers, modems, gateways, media adapters, portables, digital televisions, sensors, fleet, and asset tracking devices. Through our pedigree in the design, integration, and testing of high performance embedded antenna technology, we have become a leading provider to the residential WLAN market, supplying to leading carriers, OEMs, ODMs, and chipset manufacturers who depend on us to achieve their wireless performance goals. Airgain is headquartered in San Diego, California, and maintains design and test centers in the U.S., U.K., and China. For more information, visit airgain.com, or follow us on LinkedIn and Twitter.

Airgain and the Airgain logo are registered trademarks of Airgain, Inc.

Forward-Looking Statements

Airgain cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. These forward-looking statements include statements regarding: the expected performance of, and market for, Airgain’s products; and Airgain’s expectation that it will enter into new collaborations with the enterprise customer and further its reach into the growing enterprise market. The inclusion of forward-looking statements should not be regarded as a representation by Airgain that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the market for our products is developing and may not develop as we expect; risks associated with the performance of our products; If our solution partners fail to perform, or our partnerships are unsuccessful, we may not be able to bring our product solutions to market successfully or on a timely basis; we may not be successful in entering into additional collaborations on attractive terms, if at all; our products are subject to intense competition, and competitive pressures from existing and new companies may harm our business, sales, growth rates and market share; the COVID-19 pandemic may continue to disrupt and otherwise adversely affect our operations and those of our suppliers, partners, distributors and ultimate end customers; risks associated with quality and timing in manufacturing our products and our reliance on third-party manufacturers; if we cannot protect our intellectual property rights, our competitive position could be harmed or we could incur significant expenses to enforce our rights; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission, including under the heading “Risk Factors” in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.