22nd September ,2004

Frost & Sullivan will recognize Gaiacomm International Corporation, a front-runner in the development of fourth generation (4G) wireless delivery platform, as the recipient of 2004 Wi-Max Technology Innovation of the Year Award at tonight's Excellence in Mobile Communications Awards Banquet. Gaiacomm receives the Award for its determined efforts toward developing the innovative Global Wireless Communications (GWC) Technology for advanced wireless applications.

The inability of third generation (3G) networks to live up to expectations in providing full-fledged broadband services has hampered the progress of sophisticated wireless applications that require speed and reliability. The absence of a robust delivery platform is compelling users to make a leap to 4G networks and this is exactly why Gaiacomm's GWC venture assumes immense significance.

Gaiacomm's 4G GWC technology, with its ability to provide increased signal speed and accessibility from literally anywhere on the planet, is expected to fill the void. It promises to deliver high quality, low-cost Internet protocol-based services, fiber-optic wireless connections, and thereby power a highly versatile global wireless communications system that could operate in the terahertz frequency regime.

Potential applications of Gaiacomm's GWC are enormous and include business-to-business transmission as a 'private' network; service to metropolitan areas where fiber rings are located; and the enabling of access points that provide ultra-high-speed wireless access from the ring to neighboring buildings and businesses located within a radius of 15 miles. With such tremendous capabilities, it finds extensive use in military communications, homeland security, and a host of other mission-critical applications.

"Gaiacomm is one of the few survivors of the telecommunications business meltdown, and it is amongst a handful of companies that can boast of a breakthrough technology in its true sense," says Frost & Sullivan research analyst, Sivakumar. "With adequate funding and proprietary technology, Gaiacomm is well poised to expand the accessibility of the GWC technology space and become a major force in this sector."

For being a visionary in wireless communications technology and achieving technical excellence in its chosen field, Gaiacomm is the worthy recipient of Frost & Sullivan's 2004 Technology Innovation of the Year Award. The award not only underlines the quality and depth of Gaiacomm's R&D program, but also its ability to take calculated risks in pursuit of a path-breaking endeavor.

Frost & Sullivan's Technology Innovation of the Year Award is presented annually to a company that has carried out new research, leading to pioneering innovation that already have or are expected to provide significant changes in the industry in terms of market adoption and competitive landscape.

Held in Las Vegas, Frost & Sullivan's 2004 Excellence in Mobile Communications Awards Banquet honors world-class companies for outstanding performance and achievements in wireless and mobile strategy, technology, platforms, and services. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies.

When notified of their selection as the winner of this year's award, Gaiacomm International Corporation President and CEO David H. Horne, Jr. expressed his gratitude and appreciation by saying, "Thanks so much. You have changed our lives forever and given us the credibility we have been seeking and altered our future in a way that simply could not be purchased or achieved otherwise. Dr. Ben-Hur, the physicist and genius behind this technological innovation will be thrilled."

About Gaiacomm International Corporation

Gaiacomm International Corporation was formed to secure contracts with all agencies and entities, private and public sector concerns, for the use of a special venture of high technological significance, the "Global Wireless Communications" Technology. This "GWC" technology primarily deals with a global network of land-based communications systems that use the magnetic field of the earth as a means to carry, reflect, and redistribute the signal, a modulated helix protocol, and a dedicated continuous power output, which will allow the use of newly designed wireless devices that are built around the new wireless protocol. Military communications will be greatly enhanced with a secure band exclusively dedicated for the entire gamut of military operations under water, on land, and in the air, at a reasonable cost.