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Vanu, Inc. the leading software radio innovator for the wireless infrastructure industry, announced today that Reed E. Hundt - former Chairman of the Federal Communications Commission (FCC) and senior advisor on information industries to McKinsey & Company - has joined Vanu Inc. as a member of its Board of Directors.

Hundt has over 30 years experience in global politics with a strong focus on the effects of technology on emerging countries. He is also widely recognized for having negotiated the World Trade Organization Telecommunications agreement, which opened markets in 69 countries to competition and dropped barriers to foreign investment during his tenure at the FCC. Prior to his work at the FCC, Hundt was a partner in the Washington, DC office of Latham and Watkins, an international law firm. Currently, he is a Principal of Charles Ross Partners, a private investor and business advisory service. Hundt is also the author of You Say You Want a Revolution: A Story of Information Age Politics, and In China’s Shadow: The Crisis of American Entrepreneurship.

“Reed’s involvement on our Board will draw upon his vast experience in working with US and international carriers which will be particularly beneficial with Vanu’s continued focus on delivering solutions to domestic rural operators and overseas emerging markets,” said Vanu Bose, President and CEO of Vanu, Inc. “His vision and insights will help us evolve strategies for new markets and applications where software radio can provide unique advantages. Reed’s role as a leader and innovator throughout the wireless field is an ideal fit with the “industry first” nature of the Vanu solution. We are extremely pleased and honored to announce the appointment of Reed Hundt to our company’s Board of Directors.”

“Vanu Inc. is a pioneer in the software radio space,” said Reed Hundt. “The company has had a series of ‘firsts’ in the wireless industry and has succeeded in doing what others thought was impossible. Vanu’s software radio has commercially delivered infrastructure solutions that provide cost-advantages today and flexible migration paths tomorrow. I am pleased to join the other members of the Vanu Board of Directors as we continue to bring a truly novel and beneficial technology to the wireless industry.”

In addition to his other accomplishments, Hundt serves as co-Chairman of The Forum on Communications and Society at the Aspen Institute and sits on the boards of directors of several companies including Intel, Pronto Networks, Tropos Networks, Polyserve, Entrisphere, and Access Spectrum. He also is a special advisor to Blackstone Group, a New York-based private equity firm, and is a member of the advisory committee at the Yale School of Management.

Hundt is a graduate of Yale College and a graduate of Yale Law School, where he was a member of the executive board of the Yale Law Journal.

About Vanu, Inc.

Vanu, Inc. is the developer of the Anywave® Base Station, the first U.S. Federal Communications Commission (FCC)-certified software radio. The Anywave Base Station provides significant advantages over traditional equipment designs including: simultaneous operation of multiple wireless standards on a single platform, the use of high volume; high performance servers rather than custom processing hardware; remote software downloads to add system capacity and migrate to future standards; decreased backhaul costs and a full range of additional capital and operating cost savings. These benefits come from implementing the high speed signal processing functions of the base station as a portable software application running on Linux, eliminating the need for specialized signal processing hardware. The company delivers Anywave radio access network solutions, licenses its software, and provides design consulting to service providers, system integrators and wireless OEMs. Vanu was founded in 1998 and is based in Cambridge, Mass. www.vanu.com


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