Press Releases

- Award Based on 5G System Performance and Compliance with 3GPP Release 15 and Open RAN 1.0 Standards -

DALLAS, June 23, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions today announced that it has been selected for a contract award by the National Institute of Standards and Technology ("NIST"), Shared Spectrum Metrology Group for a 5G ORAN-FlexRAN system.

This initial NIST Shared Spectrum Metrology Group ("NIST SSMG") award valued at $199,400 comes after a competitive review of submissions by vendors for a complete, working end-to-end 5G Open RAN 5G system. Under the public request for Proposal ("RFP") process, the NIST SSMG sought a high performance 5G core (5GC) and 5G handset (UE) in addition to the Open RAN base station supporting the feature sets outlined in 3rd Generation Partnership Project (3GPP) release 15 and Open RAN 1.0 standards.

"We wish to congratulate our team for being selected for this award which is especially gratifying because it comes after a competitive performance review against solutions provided by multiple vendors," said Dr. Dustin McIntire, Chief Technology Officer of COMSovereign. "This award is further validation of our technology capabilities and the performance of our 5G ORAN system which continues to be recognized by organizations in government, academic research and commercial markets."

COMSovereign's 5G O-RAN technology is a fully standards-compliant wireless network solution designed to provide reliable, high-performance communications in a small form factor that can be deployed in a wide array of markets including military, public safety, secure private and commercial sectors. Use case scenarios may also include ship to shore, in-flight 5G, sub-surface communications as well as providing 5G backhaul for Geostationary ("GEO") and Low Earth Orbit ("LEO") satellite constellations.

COMSovereign Holding Corp. (Nasdaq: COMS) offers a portfolio of advanced communications technology for connectivity across private and public networks. Through its core strategic acquisitions and internal research and development efforts, COMSovereign has built a U.S.-based communications solution provider to deliver 4G LTE Advanced and 5G-NR telecom solutions to network operators, enterprises, and governments. For more information about COMSovereign, please visit www.COMSovereign.com.

The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. NIST is one of the nation's oldest physical science laboratories. Congress established the agency to remove a major challenge to U.S. industrial competitiveness at the time-a second-rate measurement infrastructure that lagged behind the capabilities of the United Kingdom, Germany, and other economic rivals. From the smart electric power grid and electronic health records to atomic clocks, advanced nanomaterials, and computer chips, innumerable products and services rely in some way on technology, measurement, and standards provided by the National Institute of Standards and Technology. Today, NIST measurements support the smallest of technologies to the largest and most complex of human-made creations-from nanoscale devices so tiny that tens of thousands can fit on the end of a single human hair up to earthquake-resistant skyscrapers and global communication networks.

Certain statements in this press release that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as "believe," "expects," "may," "looks to," "will," "should," "plan," "intend," "on condition," "target," "see," "potential," "estimates," "preliminary," or "anticipates" or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to the Company's facilities, customers, management, support staff, and professional advisors, and to develop and deliver advanced voice and data communications systems, demand for the Company's products and services, the availability of parts and components for the manufacture of products, economic conditions in the U.S. and worldwide, and the Company's ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company's results and forward-looking statements are disclosed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations for COMSovereign Holding Corp.:

Steve Gersten, Director of Investor Relations
COMSovereign Holding Corp.
813-334-9745
investors@comsovereign.com

and

Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

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SOURCE COMSovereign Holding Corp.