Parallel Wireless Announces Industry Leading Open RAN Ecosystem at MWC21 Barcelona

NASHUA,N.H.,June 8,2021 --Parallel Wireless,Inc.,the leading U.S.-based O-RAN compliant,Open RAN company,enabling ALL Gs,has reached a milestone in creating the largest ecosystem of Open RAN partners,and plans to demonstrate with our partners the latest innovations in Open RAN technology at MWC21 – Barcelona,in Hall 2,booth 2015.

Parallel Wirelessis leading the disruption in the industry with deployments and innovations in Open RAN,including the world's first network architecture that unifies all mobile connectivity standards – 2G,3G,4G,5G & Wi-Fi – under the same software umbrella. Together with a broad ecosystem of partners,Parallel Wireless can enable MNOs to deploy leading edge networks,while reducing costs and complexity and growing revenues.

This ecosystem of partners is customer-driven and focuses on assembling viable solutions that build on an open and modular architecture,leveraging input from top worldwide operators leading the Open RAN movement such as Vodafone,Telefonica and MTN. At Mobile World Congress Parallel Wireless will showcase how this can be replicated on a global level to hasten operators roll-out of Open RAN and 5G.

Parallel Wireless is working with a broad ecosystem of partners to deliver rapid innovation across hardware and software domains. Reimagine Today with the Vision of Tomorrowis the Parallel Wireless theme for this year's event with two sub-themes of Deploy and Innovate. Our leading-edge demos with our broad ecosystem of partners includes:

DEPLOY

Enabling All Gs with Open RAN: Visit our ALL G demo to learn how you can deploy O-RAN compliant,cloud-native,Open RAN across 2G,4G networks. We will showcase the most advanced Open RAN CU and DU software with partners such as Red Hat,6Wind,Whitestack,Dell and HP. Our solutions include a leading edge,mature Open RAN ecosystem for 7.2 radios with partners such as Comba Telecom and GigaTera Communications. We also partner with server hardware suppliers such as Supermicro and Silicom Ltd. Connectivity Solutions with Intel's Xeon® x86 platform and we are part of Facebook's TIP Open RAN group.

Open RAN reduces TCO: At our TCO demo you will learn how Open RAN solutions can reduce your overall network Total Cost of Ownership (TCO). We will showcase how Capital Expense (CapEx) savings are enabled by utilizing software and hardware from a broad ecosystem of partners,including commercial-off-the-shelf (COTS) hardware powered with self-configuration tools. And with Operating Expenses (OpEx) at 70% of overall TCO,MNOs will learn how by utilizing Open RAN technology,expenses can be cut in half.

INNOVATE

New Services Faster with Automation: Visit our automation demo to learn how cloud-native state-of-the-art features such as RAN automation,self-configuration,hands free software testing,integration and delivery,Artificial Intelligence (AI) and Machine Learning (ML) enable scalability,flexibility,and innovation with the ability to launch new services faster. With cloud-native automation tools with partners such as Red Hat,you will reap the benefits of not only flexibility of choice and cost savings,but also the agility,scalability and ease of management and upgradability that comes with the Open RAN promise.

Maintain Legacy and Upgrade to 5G and beyond: MNO's are often faced with maintaining legacy networks,2G,4G while planning their migration path to 5G and beyond. With our software driven solutions,supporting multiple Gs from the same COTS server,innovation and upgradeability is seamless and efficient. Visit this demo to learn how you can upgrade your networks to 5G and beyond while continuing to support 2G,and 4G legacy networks.

Also be sure to join the panel session on Monday,June 28th as Eugina Jordan,VP of Marketing at Parallel Wireless and others from companies such as Mavenir,Orange Wholesale International Networks,Accenture,Fujitsu Network Communications,and Spirent,discuss,"Open RAN".

In addition,Parallel Wireless is proud to be selected as a nominee for the 2021 GSMA Global Mobile Awards (GLOMO) in the category of 'Best Mobile Technology Breakthrough' for our Parallel Wireless All G - 2G,5G Urban Macro Open RAN solution. The Award winners will be announced at MWC21 Barcelona on Wednesday,June 30th at 12 noon CET.

We look forward to seeing you soon in Barcelona!

Keith Johnson,President at Parallel Wireless said"One of the key topics of conversation at MWC will be how,with the continued roll-out of 5G,the economics of the mobile industry have to change. Years of consolidation have left the telecoms industry with just a couple of Radio Access Network (RAN) technology vendor giants. The telecom industry is demanding networks that are open and flexible so that they can reduce deployment and maintenance costs. We are pleased to be working with the Telecom Infra Project (TIP),O-RAN Alliance and Open Compute Project to enable a broad open ecosystem of disaggregated RAN solutions using vendor-neutral hardware and software-defined technology based on open interfaces and community-developed standards."

About Parallel Wireless

At Parallel Wireless,we believe that software has the power to unleash amazing opportunities for the world. We disrupt the ways wireless networks are built and operated. We are reimagining how hardware,software,and the cloud work together to change deployment economics for our customers. Our ALL G (2G 3G 4G 5G) O-RAN compliant software platform forms an open,secure,and intelligent RAN architecture to deliver wireless connectivity,so all people can be connected whenever,wherever,and however they choose. We are deploying with leading global MNOs and have been recognized with over 74 industry awards. At the core of what we do is our team of Reimaginers who value innovation,collaboration,openness,and customer success. For more information,visit: www.parallelwireless.com. Connect with Parallel Wireless on LinkedInandTwitter.

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