HERNDON, V.A. and WOODLAND PARK, N.J., May 14, 2015 – The Enterprise Wireless Alliance (EWA) and pdvWireless (NASDAQ: PDVW) announce today that the Federal Communications Commission (FCC) has placed on Public Notice the organizations’ proposed rules related to their joint Petition for Rulemaking to realign the Part 90 land mobile radio 900MHz band. The Public Notice seeks comment on the proposed rules outlining procedural and technical operating parameters and processes related to the administration and sequence of theproposed realignment.
“EWA and pdvWireless have listened to feedback and comments from affected entities and these proposed rules are intended to be responsive to their concerns,” said Mark Crosby, President and CEO of the Enterprise Wireless Alliance. He continued, “The rules are based, wherever possible, on procedures and regulations adopted by the FCC for realignments in other spectrum bands and seek to balance incumbents’ rights with public policy goals of using spectrum more efficiently with new technology.”
Morgan O’Brien, Vice Chairman of pdvWireless, also commented, “We are pleased with the FCC’s prompt action placing the proposed rules on Public Notice. This continues the momentum towards building a complete record on which the FCC can consider the realignment proposal.” He added that, “We will continue to meet with interested parties, including critical infrastructure entities, during the nine week comment and reply comment period to ensure thatthe proposed rules address their concerns to continue use of narrowband technology, provide a seamless transition and respond to their interest in broadband service with priority access.”
The Public Notice seeks comments by June 29, 2015 and reply comments by July 14, 2015. The Public Notice can be viewed on the EWA website at www.enterprisewireless.org and the pdvWireless website at www.pdvwireless.com/investors/filings/fcc-filings.
About Pacific DataVision d/b/a pdvWireless:
Pacific DataVision d/b/a pdvWireless (NASDAQ: PDVW) is a recognized leader in mobile workforce communications and location based solutions that increase the productivity of field- based workers and the efficiency of their dispatch and call center operations. pdvWireless will also be launching the largest private push-to-talk network in major markets throughout the United States. Its patented and industry-validated technology improves team communication and field documentation across a wide array of industries including transportation, distribution, construction, hospitality, waste management and field service. pdvWireless’ Chairman, BrianMcAuley and Vice Chairman, Morgan O’Brien, were co-founders of Nextel Communications and have over 60 years of experience in two-way radio operations and FCC regulatory matters. pdvWireless is headquartered in Woodland Park, New Jersey. Visit www.pdvwireless.com for more information.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts are forward- looking statements (as defined under Federal securities laws). Forward-looking statements generally are accompanied by words such as “will”, “expect”, “intend”, “plan”, “outlook” or other similar words, phrases or expressions. These forward-looking statements include statements regarding our joint Petition for Rulemaking and proposed rules to realign the 900 MHz band and the planned timing and scope of the deployment of our dispatch network. Any forward-looking statements contained herein are based on our current expectations, but are subject to a number of risks and uncertainties that could cause our actual future results to differ materially from our current expectations or implied by any forward-looking statements. These risks anduncertainties include, but are not limited to: we have no operating history with respect to our proposed push-to-talk business; we have had net losses each year since our inception and may not achieve or maintain profitability in the future; we may experience delays in launching our nationwide network; customers may not adopt our technology; any efforts we pursue to increase the value of our spectrum may not be successful, including our joint Petition for Rulemaking and our proposed rules to realign the 900 MHz band; we will rely on the equipment and sellingefforts of other parties, such as indirect dealers; the wireless communication industry is highly competitive and we may not compete successfully; and government regulation could adversely affect our business and prospects. These and other factors that may affect our future results or operations are identified and described in more detail in our filings with the Securities and Exchange Commission (the “SEC”), including our final prospectus filed with the Securities and Exchange Commission, pursuant to Rule 424(b)(4) under the Securities Act, on May 13, 2015. You should not place undue reliance on these forward-looking statements, which speak only as of the date that they were made. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to reflect actual results, later events or circumstances or to reflect the occurrence of unanticipated events.
