Mimix Broadband, Inc. Expands Direct Sales Team and Appoints Manufacturer's Sales Representatives for Targeted Regions

Expanded Coverage Increases Customer Support Worldwide

January 24, 2005, Houston, Texas - Mimix Broadband, Inc. announced today the expansion of its direct sales team and the appointment of Manufacturer's Sales Representative firms in targeted regions worldwide to sell the Company's monolithic microwave integrated circuits (MMIC) products for microwave and millimeter-wave wireless communications applications. Three key sales executives have been added to the Mimix team: Peter J. Hales, Vice President European Sales; Vincent Pelliccia, Vice President North American Sales; and Kit Yong, Vice President Business Development and Asian Sales.

Peter J. Hales, Mimix Vice President European Sales, has 21 years of experience in sales and marketing in the microwave and millimeter-wave industry. Prior to joining Mimix, Mr. Hales was the Director of European Sales for Raytheon's Commercial Electronics division, where he established the European sales organization, marketing and promoting Raytheon's various commercial business units. These products included Raytheon's GaAs devices, millimeter-wave modules, active and smart antennae, automotive radar and networking products. Mr. Hales also counts tenures at Castle Microwave as General Manager and NEC Electronics as Strategic Business Unit Manager. An accomplished sales executive, he has consistently achieved double- and triple-digit sales increases throughout his career for both growth and larger organizations. Mr. Hales graduated from the University of Hull with a
BSc in Electronic Engineering.

Vincent E. Pelliccia, Mimix Vice President North American Sales, has 19 years of experience in microwave modules, semiconductors and systems, including product and business development. Most recently, Mr. Pelliccia was with Paratek Microwave, a semiconductor startup developing miniature tunable RF products. For twelve years prior to that, Mr. Pelliccia held positions of increasing responsibility with M/A-COM including Active IC Product Manager, Foundry Manager, and Communications and Sensors Product Group Manager, encompassing LMDS systems business, mmwave radar products and mmwave sensors. Mr. Pelliccia contributed to the development ofmillimeter-wave process technology, the global launch of M/A-COM's Active IC product line, and led the team responsible for the MMIC VSAT product line, an industry first. During this time he leveraged his in-depth knowledge of the microwave industry to drive sales in new market segments. Mr. Pelliccia graduated from University of South Florida with a BSEE and began his career as a microwave module engineer with E-Systems.

Kit Yong, Mimix Vice President Business Development and Asian Sales, holds MSEE and BSEE degrees from Columbia University, as well as an MBA degree from the National University of Singapore. Mr. Yong has a strong background and extensive experience in wireless networking, PC and telecommunications industries. He was a former member of the board of directors at Wi-Fi Alliance. Prior to Mimix, Mr. Yong was VP, Business evelopment at LinCom Wireless, a fabless semiconductor start-up developing IEEE 802.11a and 802.11b WLAN chipsets. Mr. Yong has also directed the wireless product business units at Dell Computer and Compaq Computer. He has also worked at the AT&T/Lucent Technology Bell Labs as R&D director and technical manager.

The manufacturer's sales representative appointments include the following firms and their associated territories:

• Fortress (China)
• S-TEC Int'l. Co., Ltd. (South Korea)
• Skypeak (China)

"We are extremely excited about adding these highly technical and seasoned Sales Team members," stated Rick Montgomery, CEO of Mimix Broadband, Inc. "By adding industry leaders to our worldwide sales coverage, we are positioned to aggressively promote our highly integrated MMICs and high power amplifiers solutions and to ensure that our customers receive the best possible support."

About Mimix
Mimix Broadband, Inc., an ISO 9001-registered company, designs, develops and supplies high performance monolithic microwave integrated circuits (MMICs) for microwave and millimeter-wave wireless communications applications. Mimix has assembled a team of world-class scientists that has focused on the development of state-of-the-art millimeter-wave MMICs for the last decade. The Company also leverages strategic partnerships for manufacturing, in order to expedite the time-to-market cycle and meet market requirements. Mimix combines its design capabilities in complete communications systems with semiconductor device expertise to deliver innovative solutions for its customers' most challenging applications.