ShareWave Wins Top Honors at Demo '99

Wireless home networking supplier receives First Place People's Choice award. 

EL DORADO HILLS, CA (February 12, 1999)-ShareWave, Inc., an ingredient supplier of multimedia digital wireless home networking technology, announced today it has received the First Place People's Choice award at IDG's Demo '99 Conference, held this week in Indian Wells, CA. The People's Choice award winners, announced at Demo 99's closing ceremonies, are demonstrators selected by conference attendees for the quality and effectiveness of their product demonstrations. ShareWave demonstrated their home networking technology - ShareWaveTM Digital Wireless - embedded in a variety of interconnected home devices. Specific product demonstrations included ShareWave's Falcon TV Terminal reference design, ShareWave's Osprey PC-to-PC reference design, and a ShareWave Digital Wireless-enabled refrigerator with a flat-panel touch-screen display.  

"ShareWave obviously impressed our attendees with their wireless home networking demonstration in order to win this first place ranking," said Chris Shipley, executive producer of the Demo '99 Conference. "Their demonstration reinforces ShareWave's wireless networking technology as a proven home networking solution capable of distributing video, audio and data content throughout the home at high speeds and with good quality." 

The First Place People's Choice award is the most recent recognition for ShareWave's wireless home networking technology. Since the company was formally announced in January 1998, ShareWave has received numerous awards from some of the industry's most prestigious associations and analysts, including: 

· "Best of Show" award at David Coursey´s Showcase `99.
· Jim Schraith named by Jesse Berst as one of "5 people to Watch in 1999."
· Three "Innovations '99 Awards" at CES '99, including "Best of Show" in the hardware category.
· "Investors' Choice" honors at Technologic Partners' Technology Outlook conference.
· One of the "Hot 100" private technology companies selected by Upside Magazine. 

"It's a tremendous honor to be recognized with the First Place People's Choice award," said Jim Schraith, ShareWave President and CEO. "ShareWave's wireless technology will play a key role in growing the market for home networking devices because it provides for fast, affordable, and flexible connectivity compared to other home networking solutions," he said. 

About Demo '99
Demo '99 is a leading computer industry conference focused exclusively on emerging technologies and exciting new products. The conference is a hands-on, face-to-face experience to an audience of leading analysts, editors, technology executives, and venture capitalists. Each product is screened and personally selected by industry analysts and executive producer Chris Shipley. The two-part conference includes general sessions in which products are presented on-stage, and demo sessions where companies present one-on-one demos to conference attendees. 

About ShareWave Digital Wireless
ShareWave Digital Wireless is a portfolio of technologies that enable real-time multimedia-capable digital wireless connections among a variety of devices throughout the home. Devices built using ShareWave Digital Wireless are capable of sharing multimedia content including full-motion video, CD quality audio, voice, and data. These devices can also share external high-speed connections, as well as local capabilities such as processing power, storage and peripherals. When used in concert, the full suite of ShareWave Digital Wireless technologies delivers an effective video throughput of over 120 Mbps, while sustaining outstanding video and audio quality. ShareWave Digital Wireless is the only technology that offers the high communication throughput of dedicated wired solutions combined with the convenience, flexibility and mobility of wireless solutions.    About ShareWave Founded in September 1996, ShareWave, Inc., is an ingredient supplier of multimedia digital wireless home networking technology to the leaders of the computing, consumer electronics, and networking industries. ShareWave's vision is to establish the Multimedia Furnace model in the home: a high-speed, multimedia-capable digital wireless network that provides consumers with unrestricted access to the digital content they want, where and when they want it. ShareWave is privately held with its headquarters in El Dorado Hills, CA and employs more than 100 individuals. ShareWave has received funding from Ameritech Corporation, APV Technology Partners, Cisco Systems, Draper Richards, L.P., Intel Corporation, Microsoft Corporation, Philips Electronics NV, Softbank Technology Partners, Vulcan Ventures, Inc., and other public and private investors. Total funds raised to date now stand at $42.5 million. Additional information on ShareWave can be accessed via the company's web site at www.sharewave.com.