P-Com Announces $596,000 in Orders From Mideast Company Receives First Part of Larger Order From Iraq CAMPBELL, Calif., April 26 /PRNewswire-FirstCall/ -- P-Com, Inc. (BULLETIN BOARD: PCOM) , a worldwide provider of wireless telecom products and services, today announced that it has received $596,000 in orders from customers in the Mideast. P-Com's orders from the region include $212,000 from Iraq for P-Com's Tel-Link, point-to-point microwave radios. The Tel-Link units will be deployed by a major utility in the country. P-Com expects to receive orders from Iraq exceeding $1.0 million. In the first quarter of 2003, P-Com received more than $587,000 in orders from the Mideast for its licensed and unlicensed products. "P-Com's orders in the Mideast reflect a broad pattern of success in the region for our entire product line," said Sam Smookler, President and CEO of P-Com. "Our products continue to be well received in the Mideast because they offer a unique opportunity to build reliable, cost-effective network infrastructure that helps both public and private operators meet the growing demand for broadband services in the region." P-Com's Tel-Link radios deliver high-capacity voice, data, Internet and video connectivity from low data rates through high data rates in the same unit. P-Com's AirPro Gold is a high-speed, carrier-class radio that delivers broadband services, providing unmatched spectral efficiency, burst synchronization and powerful network management capabilities. The SPEEDLAN 9000 series, offered through P-Com's Wave Wireless Networking group, is a family of spread spectrum products featuring mesh technology and 128-bit AES encryption. About P-Com, Inc P-Com, Inc. develops, manufactures, and markets point-to-point, spread spectrum and point-to-multipoint, wireless access systems to the worldwide telecommunications market. P-Com broadband wireless access systems are designed to satisfy the high-speed, integrated network requirements of Internet access associated with Business to Business and E-Commerce business processes. Cellular and personal communications service (PCS) providers utilize P-Com point-to-point systems to provide backhaul between base stations and mobile switching centers. Government, utility, and business entities use P-Com systems in public and private network applications. For more information visit http://www.p-com.com/ or call 408-866-3666. Safe Harbor Statement Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause P-Com's actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to: the ability to achieve positive cash flow given the Company's existing and anticipated operating and other costs, and current sales trends; the need to raise additional equity capital, and whether that capital is available on acceptable terms, if at all; the Company's ability to negotiate repayment terms with many of its creditors, and settle outstanding litigation; the continued intense competition from leading telecommunications equipment and technology suppliers resulting in lower average selling prices; fluctuations in customer demand; reliance upon subcontractors; the ability of P-Com's customers to finance their purchases; the timing of new technology and product introductions; and the risk of early obsolescence. Many of these risks and uncertainties are beyond P-Com's control. Reference is made to the discussion of risk factors detailed in P-Com's filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q. Media Contact: Investor Contact: Greg Berardi Daniel W. Rumsey, General Counsel and Acting CFO 415-239-7826 408-866-3666 DATASOURCE: P-Com, Inc. CONTACT: press, Greg Berardi for P-Com, Inc., +1-415-239-7826, or ; or Daniel W. Rumsey, General Counsel and Acting CFO of P-Com, Inc., +1-408-866-3666, or Web site: http://www.p-com.com/

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