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Investor Relations OVERVIEW ERF Wireless, Inc. is a fully-reporting public company trading on the NASDAQ electronic OTC bulletin board exchange under the symbol ERFW. The company provides wireless communications products and services on a nationwide basis to to enterprise, commercial and retail users. The core focus of ERF Wireless is the acquisition and/or construction of strategically placed wireless broadband networks to provide delivery of reliable, bundled high-speed wireless broadband services including Internet data, voice, security and limited video services for enterprise, commercial, residential and private entities, as well as cities and unincorporated municipalities. The primary objective of ERF Wireless is the generation of a profitable recurring revenue base from highly-satisfied wireless broadband customers. This base of recurring revenue is being generated through a combination of growth in the existing ERF Wireless networks, as well as an aggressive strategy to acquire the most promising competing broadband networks. THE MARKET The market for wireless broadband product and service revenue has grown dramatically over the past few years and is expected to dominate all wireless markets over the next ten years. Most Americans today obtain broadband access to the Internet through wired connections such as cable or telephone-line DSL, although wireless technology is beginning to play a increasingly important role in broadband Internet access. Such wireless technologies include Ultra Wideband (UWB), Wi-Fi, WiMax, and 3rd Generation (3G) cellular networks. Wireless broadband provides a truly versatile broadband communication medium that is cheaper than a wired solution, is faster to implement and can be configured for one or more applications. Given the wireless technology gains and the Federal Communications Commission’s (FCC) recent adoption of an order to restructure frequencies within one of the several bands used for wireless broadband communication, ERF Wireless firmly believes that wireless broadband will become a “third pipe” as both an alternative and extension to DSL and cable modem services, the two chief means of delivering high-speed Internet service today. Historically, wireless broadband has been in use for several years but only with the advent of industry standards has it been possible to link the many small systems that have grown up into a much more robust wide area network that will accelerate the growth of the wireless broadband industry. Traditionally the typical wireless broadband network has been a small startup operation that has been local in operation and severely under-funded. There are exceptions to this rule, but they are few compared to the patchwork of individual companies that make up the majority of the wireless broadband service provider network currently in operation in North America. There have been a number of reasons for this growth pattern, including the existing infrastructure in place by the incumbent ILEC wireline carriers, and the growth of DSL and cable modem data delivery capabilities. However, while these resources have been significant to a subset of customers, they have failed to measure up to the customer’s expectations of having continuous connectivity wherever they may be. While it is quite acceptable for Internet connectivity to be provided by a DSL or cable modem when one is available, the typical American Internet user frequently requires connectivity in a number of locations including outside locations as well as mobile situations. Only a very robust wide area wireless broadband environment can meet all of these challenges. THE ERF WIRELESS BUSINESS STRATEGY ERF Wireless, Inc. believes that it is in the truly unique position to be able to take advantage of this particular moment in time when the wireless broadband industry is going through a metamorphosis from a diverse group of individual small networks with limited interoperability to a new growth industry dominated by larger networks with wide-area interoperability and economies of scale. This change in the wireless broadband industry will not occur over night, but over the next five to ten years. Those companies that position themselves to take advantage of these changes will be well rewarded. The ERF Wireless business strategy is composed of three major components. The first component is to assemble a first-class public company with both the business and technical expertise and experience to manage a large wireless broadband network and recurring-revenue customer base on a nationwide basis. The second component of this business strategy is to locate the "best of breed" of the existing wireless broadband networks in North America and to acquire controlling interest in some of the more advantageous of these networks through the leverage of the liquidity of the public company. The third component of this business strategy is to link all of these diverse networks together with industry standard hardware and software to provide a seamless wireless broadband coverage over a large part, if not all, of the North American market. By that time, such a wireless broadband network will certainly be of interest to the much slower moving ILEC’s. Recent Releases
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