SPEEDCOM Wireless Corporation and SRI International to Form Technology Partnership

Menlo Park, CA & Atlanta, GA (September 28, 2000) - SPEEDCOM® Wireless Corporation (OTCBB:SPWC), a newly-public, multi-national wireless solutions company and SRI International, a leading independent technology innovator, announced today that they have signed a letter of intent to form a wireless technology partnership. Within the fixed wireless infrastructure market, SPEEDCOM® gains exclusive rights to PacketHop™, a revolutionary, patent-pending technology that will dramatically expand the scalability and functionality of SPEEDCOM's broadband wireless products.
 
The partnership will be formally announced today during a webcast press conference at the Omni Hotel at CNN Center in Atlanta, during the Networld+Interop technology trade show. The press conference will be viewable starting October 1 at www.vcall.com. During the press conference, SPEEDCOM will also discuss their September 26th merger with LTI Holdings, Inc., their new public status, and future marketing plans as a public company.
 
"We are ecstatic to be working with SRI, the leading technology innovator in Silicon Valley," said Bruce Sanguinetti, the newly-appointed president of SPEEDCOM. "The routing and other software functionality of PacketHop will greatly expand the performance, flexibility and scalability of our wireless broadband products."
 
"SPEEDCOM's marketing and global distribution channels provide a tremendous opportunity to deploy the revolutionary routing and reliability capabilities of PacketHop technology to a large number of fixed wireless customers quickly. It also introduces PacketHop's capabilities to the broader wireless market," said Scott Seaton, Director of Business Development, at SRI International.
 
About SRI Internationl
Silicon Valley-based SRI International (www.sri.com) is one of the world's leading independent research and technology development organizations. Founded in 1946 as Stanford Research Institute, SRI has been meeting the strategic needs of global markets for more than 50 years. As part of its strategy to bring its technologies to the marketplace, SRI licenses its technologies, forms strategic partnerships and creates spin-off companies. SRI and its subsidiary, Sarnoff Corp., have formed more than 20 spin-offs in information technology, biotechnology, healthcare, education and web-based services. Called "Silicon Valley's soul" by Business Week magazine, SRI was instrumental in the early development of the Internet, early routing protocols and the implementation of the first wireless internet transmission in 1977.

About SPEEDCOM Wireless Corporation
SPEEDCOM Wireless Corporation is a seven-year old multi-national wireless broadband solutions company based in Sarasota, Florida. Through its Wave Wireless Networking division, SPEEDCOM manufactures a variety of broadband wireless products, including its award-winning SPEEDLAN family of wireless Ethernet bridges and routers. ISPs, Telco operators and private organizations in more than 60 countries use SPEEDCOM products to provide "last-mile" wireless connectivity between multiple buildings at speeds up to 100 Mb and distances of more than 25 miles.
 

* SRI International is a registered trademark and PacketHop a trademark of SRI International.
* SPEEDCOM is a registered trademark of SPEEDCOM Wireless Corporation.
 
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts are forward looking statements subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward looking statements.