SAN DIEGO, December 7, 2017 /PRNewswire/ --
Airgain, Inc. (NASDAQ: AIRG), a global leader in wireless connectivity platforms, announced today that it has become a member of the 5G Automotive Association (5GAA). The company joins leading telecommunications and automotive companies with the aim of accelerating the penetration of the connected and autonomous car and intelligent fleet management.
Airgain believes it can play an important role in the connected vehicle market by providing antenna technology in support of advanced wireless connectivity solutions for in-vehicle, vehicle-to-vehicle, and vehicle-to-infrastructure applications. It brings to the association a portfolio of connectivity solutions and a wealth of experience in developing antenna applications for government, public safety, and enterprise applications.
The 5GAA membership is a pivotal milestone for Airgain. It reiterates the company's commitment to the research and development of new advanced solutions for the connected car, and contributing to define the new connectivity landscape that will revolutionize the transportation world as we know it today.
Dino Flore, General Director of the 5GAA: "We are very pleased to welcome Airgain to the 5GAA consortium and look forward to the contributions and expertise that they will bring to defining the standard and applications. Wireless system design will play a key role in the definition and implementation of the new generation of connected cars and infrastructure."
Alberto Bonamico, Business Development Director, Automotive at Airgain: "We are delighted to join the 5GAA to bring all our efforts on 5G technology to the automotive industry. For the potential of 5G to be realized in the automotive industry, collaboration and development of ecosystems are fundamental. This is how we will achieve real progress with the connected and autonomous car. We are looking forward to working with leaders in the automotive industry, and believe our expertise will help accelerate industry innovation in vehicle connectivity."
The 5GAA was established in September 2016. The association is developing, testing and promoting communications solutions, supporting standardization and accelerating commercial availability and global market penetration. It is working to address society's connected mobility and road safety needs with applications such as autonomous driving, ubiquitous access to services and integration into smart city and intelligent transportation.
To learn more about 5GAA, please visit http://5gaa.org/
About Airgain, Inc.
Airgain is a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Our innovative antenna systems open up exciting new possibilities in wireless services requiring high speed throughput, broad coverage footprint, and carrier grade quality. Our antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set-top boxes, access points, routers, gateways, media adapters, digital televisions, and Internet of Things (IoT) devices. Airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. Airgain is headquartered in San Diego, California, and maintains design and test centers in San Diego, Phoenix, Arizona, Cambridge, United Kingdom, and Suzhou and Shenzhen, China.
Airgain and the Airgain logo are registered trademarks of Airgain, Inc.
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 potential acceleration of the penetration of the connected and autonomous car market, and Airgain's role in the research and development of new advanced solutions for the connected car. 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 antenna products is developing and may not develop as we expect; our products are subject to intense competition, including competition from the customers to whom we sell, and competitive pressures from existing and new companies may harm our business, sales, growth rates and market share; our future success depends on our ability to develop and successfully introduce new and enhanced products for the automotive market that meet the needs of our customers; we sell to customers who are extremely price conscious; we rely on a few contract manufacturers to produce and ship all of our products, a single or limited number of suppliers for some components of our products and channel partners to sell and support our products, and the failure to manage our relationships with these parties successfully could adversely affect our ability to market and sell our products; 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 (SEC), 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.
SOURCE Airgain Inc.