CORPORATE INFORMATION

Founded on the basis of providing better and faster Internet access, Ptera Wireless Internet Service has a goal of helping customers achieve total freedom from the wired world. Located in the Pacific Northwest, Priority Terabit, Inc.--Ptera--was formed in response to the emerging need for improved Internet technology. It provides wireless Internet solutions to remote areas of a high-speed network, or in areas where high-speed fiber networks are unavailable. Ptera will provide high speed Internet at up to 1000 Mbps.

The vision of Ptera is that future networks will be Ethernet and Internet Protocol-based. These types of networks may collectively be called the IP Network Infrastructure or INI. These simple, powerful networks will replace most other local networks to homes, businesses, schools and metropolitan areas in the next 5-10 years. The technology to provide those services to government, business, and even residences exists today.

The name "Ptera" is short for the formal company name: Priority Terabit. A terabit is a bandwidth measurement term that goes beyond megabit, kilobit, and gigabit. It implies ultimate speed. It is the speed at which Ptera's future networks will aim for.

The Management Team The management of Ptera is experienced in all aspects of information transmission. Jim Wilson, the president of the company, has a Master's degree in electrical engineering from Brigham Young University, earned in 1978. Jim has previous experience with Hewlett Packard, Pixar, Divicom, and Packet Engines. At Packet Engines he had engineering product development responsibility for bringing the first high performance, Gigabit Ethernet switch to market. Jim was the program manager for the Spokane School District Gigabit MAN. Fred Dunham, COO, is responsible for the administrative, contractual and regulatory matters, holds an MBA from Gonzaga University, and a Juris Doctor degree. Fred was a practicing business attorney for twenty years before joining Ptera. Prior to his career in law, Fred was the president of a computer service company. Fred also has extensive experience in residential development. The construction arm of the company is headed by Don Cary, who holds a masters degree in electrical engineering from Stanford. Don previously ran D.C. Engineering, a company he founded fifteen years ago to engineer, maintain and construct radio broadcast stations and communications sites. Don's experience also includes being a founder and officer in a company that owned twelve cable television systems, and thirteen years as a college professor teaching radio and television production, broadcast engineering and recording.