InnerWireless Wins Tech Titans Emerging Company Horizon Award

Award Recognizes Company for Outstanding Innovation and Breakthrough Technology and Services

Richardson, Texas – August 27, 2002 – InnerWireless, an in-building wireless technology, systems, and services company, has been awarded the Dallas-Fort Worth Metroplex Technology Business Council’s 2002 Tech Titans Emerging Company Horizon Award. The award recognizes outstanding innovation and unique accomplishments through potential breakthrough technology, processes or services within the technology and communications industry.

"We are very honored to be selected as one of the region’s Tech Titans," said Ed Cantwell, InnerWireless’ president and CEO. "It is a tribute to our outstanding employees, great value proposition, and the top tier venture capital firms who are behind us and who share our vision - a world where reliable wireless coverage extends into buildings, truly delivering the promise of anytime, anywhere wireless communications and services."

The Tech Titans event celebrates the past successes and bright future of more than 4,000 technology companies in the Dallas-Ft. Worth Metroplex. The leaders recognized as Tech Titans continue to demonstrate innovative vision, community support and outstanding growth.

About InnerWireless
InnerWireless Inc. is an in-building wireless technology, systems and services company that brings the promise of anywhere, anytime wireless communications to high traffic public spaces, commercial office buildings and enterprise campuses. The company's InnerWireless system employs patented technology to converge wireless voice and data onto a single in-building infrastructure that is reliable, efficient and versatile. One InnerWireless system can simultaneously provide coverage for multiple services from 400 MHz to 2.5 GHz using any current or future wireless protocols, including GSM, TDMA, CDMA, 2.5G, 3G, iDEN®, LMR, paging and 802.11 b/g.

InnerWireless' list of high-profile venture capital investors includes Sevin Rosen Funds, Rho Ventures, Technology Associates Management Company (TAMC), Massey Burch Capital Corp. and HO2 Partners.

About the Metroplex Technology Business Council (MTBC)
The MTBC is the technology council for the Telecom Corridor“ area and North Texas. Founded in 1994, the MTBC is the first technology industry council of its kind in Texas. Since 1997, the MTBC has grown from 80 corporate members to more than 500 active companies. Almost 300 volunteers on 22 committees deliver services and programs to area technology companies. A 24 member Board of
Directors and a 24 member Board of Advisors lead the organization. For more information, visit www.telecomcorridor.com.

InnerWireless is based in Richardson, Texas in the heart of Telecom Corridor® and can be found on the Web at www.innerwireless.net.