LGC Wireless Named A Red Herring 100 Company
Award recognizes 100 private companies in North America that drive the technology industry's future

Belmont, California, 11 May 2005
LGC Wireless, a market leader in in-building wireless networking solutions, today announced that it has been named one of the Red Herring 100 Private Companies of North America . The Red Herring 100 sets the standard as the industry's definitive list of private technology companies impacting the marketplace. Having successfully completed a rigorous selection process weighted to reflect the reality of survival in today's challenging marketplace, LGC Wireless was recognized by Red Herring editors as highly qualified to make a lasting impact on the industry.

"Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof," said Red Herring editor-in-chief Joel Dreyfuss.

LGC has showed that their long-term vision and focus on business fundamentals were critical to their prevailing against the worst downturn in telecom history. The company's focus on key wireless customers maintained momentum during the recession without a down year, and its decision to launch a brand new product line, InterReach® Unison, during the downturn resulted in their current growth rate of three times that of the industry segment. LGC has seen success with the top tier U.S. carriers translate into even higher growth in European, Asian, and Latin America markets.

"We are extremely pleased that Red Herring has named LGC Wireless to its prestigious list of the top 100 private technology companies," said Ian Sugarbroad, president and CEO of LGC Wireless. "This is yet another independent recognition of LGC as both the market leader in in-building wireless and the leading innovator in the space."

Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey , California.

About LGC Wireless
LGC Wireless is a leading supplier of products for optimizing the deployment of metropolitan cellular, PCS and 3G networks by providing mobile users with reliable in-building access to high quality voice and wireless data. LGC has shipped over 5,500 systems to more than 30 countries, and has provided wireless solutions in some of the world's landmark properties–the Petronas Twin Towers , the New York airports, the Mirage properties, the Torre Mayor building and the FCC headquarter building. LGC products support all wireless access standards including GSM/GPRS, iDEN, CDMA2000, WCDMA and WiFi 802.11. LGC Wireless is ISO 9001 and ISO 14001 certified, ensuring its quality management and environmental systems comply with rigorous international standards of excellence.

About Red Herring Spring
Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed ‘The Dynamics of Disruptions', Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring.About Red Herring

About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.