ANGEL’S HALO-PROTEUS™ TO FLY ACROSS ATLANTIC

TO DEBUT AT PARIS AIR SHOW

- Press Conferences Scheduled for 2:00 PM Saturday, June 12 and 2:00 PM Tuesday, June 15 -

ST. LOUIS, MO (June 4, 1999)—Angel Technologies Corporation (www.broadband.com), developer of the HALO Networkä , a high-speed, high-capacity metropolitan-area broadband communications network, today announced that its platform -- the HALO-Proteus™ aircraft -- will make its international flying debut at the ’99 Paris Air Show, 12 June – 20 June, at Le Bourget Aeroport, Paris. The HALO-Proteus is the first stratospheric aircraft designed for commercial communications and the first of its kind to fly at the Paris Air Show.

Augmenting terrestrial towers and orbiting satellites, Angel's HALO-Proteus aircraft will fly fixed patterns in the stratosphere (above 50,000 feet) over major cities to deliver metropolitan wireless services at lower cost, with increased flexibility and improved quality of service. Teamed with corporate partners, Angel will deliver a variety of fixed and mobile wireless services including voice, data, and video.

"The HALO Network™ will provide high speed broadband services over an area encompassing a typically large U.S. metropolitan area, enabling individual consumers and businesses to send and receive data at multi-megabit per second rates," explained Angel CEO Marc Arnold. "HALO Network services will be replicated over metropolitan centers throughout the world, providing the commercial communications industry with a reliable infrastructure that can be deployed instantly, even when there is an incomplete or non-existant terrestrial infrastructure."

Arnold further explained that the applications that will benefit most from the availability of airborne deployment will be new broadband data services in developed countries and wireless telephony services in the developing world. "At Paris, we’ll see the plane make its international flying debut" said Arnold, "and we’ll be ready to open discussions with service providers and spectrum holders worldwide."

The HALO-Proteus aircraft was designed by Burt Rutan, President, Scaled Composites, best known for his design of the historic round-the-world Voyager™ aircraft. The HALO-Proteus will be manufactured by Scaled Technology Works. Angel’s strategic partner, Wyman-Gordon Company (NYSE: WYMN), is the parent company of Scaled Composites and Scaled Technology Works (Hall 5/Stand B-6 at the Paris Air Show).

"The flight of the HALO-Proteus at the Paris Air Show will mark the aircraft’s international flying debut," said Burt Rutan, President, Scaled Composites. "To date, the Proteus has flown to 51,000 feet where we have tested cabin pressurization, speed, and Mach number envelope expansion. We are pleased to report that everything checks out perfectly for Paris."

Angel is teamed with Raytheon Systems, a division of the Raytheon Corporation, (Hall3/Stand B-13) for the joint pursuit of stratospheric broadband wireless systems. Angel has been working with Raytheon since 1996 to demonstrate the feasibility of broadband services using High Altitude Long Operation (HALO) aircraft. In an August flight test using ground and airborne electronics developed by Raytheon, the companies jointly demonstrated a record-breaking 52 megabit-per-second wireless link between the ground and Angel’s HALO Network testbed aircraft in flight. The demonstration included simultaneous transmission of data such as movies, high definition video conferencing, large (7MB) file transfers, web browsing through an ISDN connection to an Internet service provider, and telephone calls. This type of capability today would only be available through a high-speed fiber optic cable network. For example, a 100,000-page document sent over a 28.8 Kbps computer modem would require seven hours; utlizing the Angel/Raytheon technology, it takes just 16 seconds.

 

FIRST FLIGHT ACROSS THE ATLANTIC

The HALO-Proteus will leave Scaled Composites, Mojave, CA, on June 8 and fly to Bangor, ME where the aircraft will be refueled and prepared for the Atlantic flight. The Proteus will fly non-stop across the Atlantic at 45,000 feet, arriving at Le Bourget on June 8 at approximately 6:00 PM (1800 hrs.)

 

PRESS CONFERENCES SCHEDULED AT THE PARIS AIR SHOW, LE BOURGET

Two Press Conferences to debut the stratospheric aircraft will be held at the outside airfield (next to the Ariane Rocket) on Press Day, Saturday, 12 June, at 2:00 PM and on Tuesday, June 15, at 2:00 PM. The HALO-Proteus aircraft will be on static display on the airfield through the duration of the Air Show.

 

GENERAL INFORMATION

Information on the HALO-Proteus aircraft and the HALO Network will be available at the Wyman-Gordon stand, Hall5/Stand B-6 and at Raytheon stand, Hall3/Stand B-13. Additionally, a video of the HALO Network will be shown at the Raytheon exhibit throughout the air show.

About Angel Technologies (www.broadband.com)

Angel Technologies Corporation, with headquarters in St. Louis, Mo., is a privately-held wireless communications company using proprietary HALO aircraft to deliver broadband services worldwide.

About Raytheon Company (www.raytheon.com)

Raytheon Company, based in Lexington, Mass., is a global technology leader that provides products and services in the areas of commercial and defense electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in more than 80 countries around the world.

About Wyman-Gordon Company (www.wyman-gordon.com)

Wyman-Gordon Company (Nasdaq: WYMN) is a leading manufacturer of high-quality, technologically-advanced forgings, investment castings and composite structures for use in the commercial and defense aerospace, commercial power and energy and performance product markets.

 

NOTE TO EDITORS

Angel Technologies™, HALO™, HALO-Proteus™, HALO Network™ and Cone of Commerce™ are trademarks of Angel Technologies Corporation. All other trademarks and trade names are the property of their respective companies.

 

MEDIA CONTACT

Diane Murphy, Federal City Communications Corporation. Tel: 202-662-1280; Fax; 202-662-1281; Cell; 202-255-6649. Paris Hotel: Le Meridien Etoile, tel: (33) (1) 40 68 34 34.

 

At Le Bourget: Hall 1, Information Desk; Wyman Gordon Exhibit (Hall 5/Stand B-6); Raytheon Exhibit (Hall3/Stand B-13).

This press release contains forward-looking statements made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve a number of assumptions, risks and uncertainties that could cause actual results of the Company to differ materially from those matters expressed in or implied by such forward-looking statements.

NOTE TO EDITORS: Angel Technologies™, HALO™, HALO-Proteus™, and HALO Network™ are trademarks of Angel Technologies Corporation. All other trademarks and trade names are the property of their respective companies.


Contact:

Angel Technologies
Diane Murphy
Federal City Communications Corp.
Tel: 202/662-1280
Fax: 202/662-1281

EMail: diane@broadband.com


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