Shason Microwave Corporation to Change Name to ‘Mimix Broadband’

New Name and Organization Reinforces Company’s Strategic Business Initiative

December 15, 2000, Houston, Texas ­ Shason Microwave Corporation announced today that it has changed its name to Mimix Broadband. The corporate name and organizational change reflects Mimix Broadband’s new business initiative to supply Gallium Arsenide (GaAs) monolithic microwave integrated circuits (MMICs) and modules to broadband wireless access manufacturers.

Under the new corporate organization, William F. (Rick) Montgomery was named President and CEO in February 2000 and initiated the development of a strategy to capitalize on the rapidly growing broadband wireless access market. As a result, Mimix concentrates its efforts on combining its extensive radio expertise to launch MMIC and module products to manufacturers serving this market. Shason Microwave Corporation has designed, manufactured and sold variable gain amplifier modules, multifunction microwave modules, and power amplifier kits to large commercial and military organizations.

"We have been working with industry leaders to define and develop what we know as products in great demand today," said Mr. Montgomery. "In building radio modules and systems over the past decade, Mimix has gained extensive knowledge of how to use, apply, test and package MMIC devices. We believe we can capitalize on this expertise by supplying products that meet the market’s requirements."

Mr. Montgomery is considered a leading executive in the microwave radio industry and was a co-founder of Microwave Networks Incorporated (MNI). MNI was a supplier of broadband point-to-point microwave radios that was founded in 1982 and merged into California Microwave in 1995. In addition to founding a successful company, Mr. Montgomery has 25 years of experience in high technology companies in the areas of general management, international sales, research and development and strategic product marketing.

About Mimix Broadband
Mimix Broadband designs, develops and markets high performance Gallium Arsenide (GaAs) monolithic microwave integrated circuits (MMICs) for broadband wireless access technologies at millimeter-wave frequencies. The Company leverages strategic partnerships for design and manufacturing in order to expedite the time-to-market cycle and meet market requirements. Backed by experienced, highly successful stakeholders, Mimix Broadband combines its expertise in overall radio system design to provide comprehensive insight in the technology and issues that its customers confront in designing their products.