On a mission to accelerate global WiMAX adoption, Digifriends Co. Ltd., one of Korea’s leading mobile WiMAX and portable multimedia device makers and NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of wireless broadband and mobile multimedia products, announced today the development of a sophisticated, WiMAX-enabled Mobile Internet Device (MID) – the M3 – powered by NextWave’s NW2000 WiMAX chipset. Expected to debut in 2H 2009, the much anticipated MID will bring new mobile multimedia features to the palms of global users, by tapping the power of WiMAX to deliver higher-speed access to next-generation content and services.

The Digifriends—NextWave relationship symbolizes the innovation WiMAX will bring to the international marketplace. By focusing on the development of robust, feature-rich devices that leverage the advantages of WiMAX connectivity, the two companies expect to advance end-users’ mobile multimedia experiences, expand operator service innovation, and spur WiMAX adoption, globally.

Embedded with NextWave’s Wave 2-ready “No Compromise” NW2000 WiMAX chipset, the M3 MID is optimized to deliver outstanding performance of bandwidth-intensive mobile multimedia applications, including advanced gaming, streaming video of user-generated content, video conferencing/chat, Voice-over-IP (VoIP) and, where supported by operators, NextWave’s MXtv™ mobile broadcast over WiMAX feature. The M3 also allows for high-speed Internet browsing, integrated WiMAX-WiFi-Bluetooth connectivity and offers a number of distinctive add-on accessories and peripheral components, including a keyboard, stand and speakers, to further extend WiMAX-powered service opportunities

NextWave’s NW2000 family of advanced mobile WiMAX chipsets is ideally suited for high-volume, small form-factor wireless broadband devices. The chipset includes an 802.16e-based mobile subscriber baseband System-On-a-Chip (SoC), and complementary single-chip, highly integrated, multi-band Radio Frequency (RF) transceivers, offering optimized dual independent receive chains for mobile applications. Evaluation/System Development Kit samples were made available in Q2 2008, enabling wireless device manufacturers the opportunity to quickly and cost-effectively develop mobile WiMAX products.

Other exciting features of the M3 MID include: a 1.3-inch hard disk drive with capacities rated at between 30 and 60GB, and two built-in digital cameras – a 2MP camera for capturing still images and a 0.3MP Webcam on the screen side – empowering users with mobile video chat functionality.

Additional information about Digifriends or NextWave can be found online, respectively, at: www.digifriends.net, www.digifriendsusa.com, or at: www.nextwave.com.