Omnipoint Gears Up for the North American International Auto Show 2000
29 October 1999
Omnipoint Gears Up for the North American International Auto Show 2000LIVONIA, Mich., Oct. 27 -- Omnipoint Communications today announced it will be the official wireless sponsor for the North American International Auto Show (NAIAS) 2000. The event will be held at Cobo Center in Detroit, Mich. from January 10 - January 23, 2000. "We're extremely excited to be involved with the North American International Auto show," said John Hartin, Omnipoint Great Lakes General Manager. "It makes perfect sense to partner one of the world's greatest auto shows with the world's greatest wireless technology. Omnipoint's GSM service has it all. Crystal-clear voice quality, caller privacy, advanced data features and international roaming capabilities." As part of its sponsorship, Omnipoint will provide NAIAS organizers with GSM mobile phones to coordinate the flow of the show. Omnipoint's GSM handsets are capable of many advanced wireless data features including fax/data transfer, short messaging and Internet e-mail. As a result, reporters, managers, engineers and other attendees will be able to send and receive up-to-the-minute auto show news. Omnipoint also will provide several Ericsson I-888 International GSM handsets. These phones work on two GSM radio frequencies (1900 MHz and 900MHz) and are equipped with an infrared port to make wireless connections to laptop computers or PDAs. Omnipoint is the Great Lakes region's premier GSM (Global System for Mobile communications) wireless provider. Five million subscribers use GSM service in thousands of U.S. and Canadian cities. There are more than 200 million GSM customers in more than 140 countries worldwide. GSM wireless users coming from international locations to NAIAS 2000 can bring their SIM (Subscriber Identity Module) card and easily rent a U.S. frequency handset (1900 MHz) by dialing +44-113-298-6085 (outside of the U.S.) or 1-877-OMNI-2-GO (toll-free in the U.S. and Canada). Handset rentals start as low as $29 for up to seven days and include next day U.S. delivery and return. About Omnipoint Omnipoint currently provides advanced wireless communications services in New York, New Jersey, Connecticut, Eastern Pennsylvania, Delaware, Massachusetts, New Hampshire, Rhode Island, Southern Florida, Michigan, Ohio, Indiana and Maryland. It intends to provide those services in additional areas. Omnipoint is a founding member of the North American GSM Alliance, a group of North America's leading digital wireless Personal Communication Services companies. Using GSM communications technology, Alliance companies provide superior voice clarity, unparalleled security and leading-edge wireless voice, data and fax features for customers, whether at home, away or abroad. Other GSM Alliance members include: Aerial Communications, Inc.; Airadigm Communications, Inc.; BellSouth Mobility DCS; Conestoga Wireless Company; Cook Inlet PCS; DIGIPH PCS; Iowa Wireless; Microcell Telecommunications Inc.; NPI Wireless; Pacific Bell Wireless; Powertel, Inc.; STPCS Joint Venture, LLC; VoiceStream Wireless Corp.; and Wireless 2000 PCS. The GSM Alliance works in cooperation with North American GSM equipment manufacturers: Siemens, Motorola, Lucent Technologies, Nortel Networks, Nokia and Ericsson. Omnipoint Communications is a subsidiary of Omnipoint Corporation . Founded in 1987, the parent company is a leader in commercializing PCS. In addition to Omnipoint Communications, Omnipoint Corporation also includes Omnipoint Technologies, Inc., a developer and supplier of wireless communication technologies, products and engineering services. As a pioneer in the industry, Omnipoint Technologies is on the forefront of developing and integrating advanced wireless technologies, such as GSM, GPRS packet data, EDGE, positioning and Internet access. Omnipoint Technologies also supplies the Eagle(TM) One wireless data communications module for integration into product applications and designs. On June 23, 1999 Omnipoint Corporation and VoiceStream Wireless Corporation agreed to merge. On September 17, 1999, VoiceStream Wireless Corporation and Aerial Communications, Inc. agreed to merge. When the two mergers are completed, VoiceStream will have licenses to provide service to over 200 million people. As of June 30, 1999 the three companies served more than 1.5 million customers combined. Completion of the two mergers is subject to customary shareholder and regulatory approval. Except for historical information contained herein, the matters discussed and the statements made in this release concerning Omnipoint's future prospects are "forward-looking statements" under the Federal securities laws that involve risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from the forecast and estimates. Important factors that could cause actual results to differ materially include, but are not limited to, Omnipoint's limited operating history, including a history of losses and the uncertainty of future operating results, high leverage, dependence upon cash flow from its subsidiaries, debt service requirements and restrictive covenants related to its existing debt facilities, significant capital requirements, the continued buildout of Omnipoint PCS markets, and its dependence upon key employees. Omnipoint's future results may be impacted by other risk factors listed in its Registration Statement filed on Form S-3 on June 30, 1998, and other factors listed from time to time in its SEC reports, including, but not limited to, the report on Form 10-K for the year ended December 31, 1998. More information is available on the company's Website http://www.omnipoint.com.