Pegasus Wireless Corporation (NASDAQ:PGWC), a leading provider of advanced wireless solutions, announced today the appointment of Mr. Scott Rosenberger as the company's Chief Operating Officer. Mr. Rosenberger will be responsible for managing the operational facets of Pegasus and all of its subsidiaries.

Mr. Rosenberger brings to Pegasus a wide array of relevant, in-depth experience and proven leadership insights, and has a significant background in the manufacturing industry. Prior to joining the Pegasus Wireless team, Mr. Rosenberger co-founded Skynetweb Ltd. (which was later acquired by Affinity Internet, Inc.), an industry leader in dedicated server outsourcing solutions. Skynetweb provides web and application hosting to Fortune 1000 companies, web developers, international web hosting companies, portals and other solution providers in over one hundred countries worldwide. Mr. Rosenberger also co-founded Internet Enterprise Center (IEC) in 1996, a company that offers office suites with full Internet access for new and small businesses who are large-scale users/suppliers of Internet services. Prior to his leadership initiatives with these companies, Mr. Rosenberger earned valuable manufacturing experience as President of Atlantic Manufacturing from 1973 to 1989.

Jasper Knabb, President of Pegasus Wireless Corporation, welcomed Mr. Rosenberger by saying, "We are extremely confident in Scott's ability to meet the specific needs that we at Pegasus have as a result of our recent expansions. His extensive background in both the technology and manufacturing industries, as well as his proven leadership skills will no doubt play an important role in allowing us to fully realize the immense potential for growth that is before us."

"I appreciate the opportunity that Pegasus has presented to me, and I am thrilled to be able to bring my knowledge and experience to such a winning team. I look forward to a long and healthy relationship with a company that is clearly the leader in the wireless industry," said Scott Rosenberger.

About Pegasus Wireless Corporation
Pegasus Wireless Corporation is a leading provider of advanced wireless solutions. Founded in 1993, Pegasus creates hardware and software solutions for broadband wireless networking and Internet access applications. Pegasus' patented 802.11 technology is the platform for Wi-Fi technology, and the company offers cutting edge wireless products used in computer networking, industrial data transmission, and multimedia applications. Pegasus pioneered the industry's first driver-less, truly plug-and-play wireless Ethernet bridge, and the company's wireless networking products allow a higher user capacity per base station as compared to the competition. These products also offer advanced security, easy true plug-n-play installation, dynamic load balance, non-interrupting real-time roaming connectivity, e.g. VOIP, and fail-safe, self-healing mesh networking capability. Pegasus Wireless Corporation can be contacted at 800-770-6698 or by visiting their website at http://www.pegasuswirelesscorp.com/.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risks and uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. These factors include, but are not limited to, (i) our ability to complete successful acquisitions of complementary companies, products and technologies; (ii) our ability to attract and retain customers; and (iii) our ability to gain market share. Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements, and there can be no assurance that the actual results anticipated by Pegasus Wireless will be realized, or if substantially realized, that they will have the expected consequences to or effects on Pegasus Wireless or its business or operations.

Contacts
Pegasus Wireless Corporation
Jasper Knabb, 510-490-8288
ir@pegasuswirelesscorp.com