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Wireless industry innovative mergers.

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| November 19, 2004 | COPYRIGHT 2004 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

M2 PRESSWIRE-19 November 2004-FNWU: Wireless industry innovative mergers(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:11192004

City of Industry, CA - Merger and acquisition news provided by Financial News USA (OTC: FNWU). YDI Wireless, Inc. (Nasdaq: YDIW) and Phazar Corp. (Nasdaq: ANTP) today announced that they mutually agreed to terminate their contemplated merger effective today. In connection with the termination, YDI agreed to pay Phazar $100,000 and to transfer certain equipment to it.

AirRover Wi-Fi Corp. (OTCBB: AVWF), a Wi-Fi (wireless fidelity) Internet access provider, announced recently that it has reached an agreement in principle to acquire Diamond I Technologies, Inc. (DTI), a privately-held California-based computer software developer. DTI has developed a hand-held Wi-Fi-based gaming system for on-premises use by casinos.

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Source: HighBeam Research, Wireless industry innovative mergers.

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