29.05.2007 20:15:00

LCC International Acquires WFI's U.S. Engineering Business

LCC International, Inc. (NASDAQ:LCCI), a leader in advanced wireless services and solutions, today announced that it has signed a definitive agreement to purchase the domestic assets of Wireless Facilities, Inc.’s (NASDAQ:WFII) engineering business in a cash transaction valued at $39 million. The agreement is subject to customary closing conditions and LCC expects the transaction to close in the second quarter of 2007. Funding for this transaction is being provided by the Bank of America under a $30 million revolving credit facility and by the issuance of a promissory note of $22 million to Wireless Facilities, Inc. LCC anticipates that exclusive of transition and integration costs, the acquisition will be accretive to LCC’s earnings in 2007. Through this acquisition, LCC will: Provide the most extensive expertise in new and emerging wireless technologies such as UMTS, HSDPA, EV-DO and WiMAX in the world; Expand TotalView Software Tools Services Delivery Platform portfolio of services; Significantly enrich its backhaul and spectrum clearing services; Create an expanded Research and Innovation ("R & I”) Group by combining LCC’s R & I Group with WFI’s Advanced Technology Group; Have global scale to establish new network services and solutions as well as unique service delivery models; and Achieve greater operating leverage by integrating WFI’s domestic network services business with LCC’s existing U.S. operations without a proportionate increase in LCC’s selling, general and administrative expense. "Acquiring this business from WFI firmly positions LCC as one of the leading independent RF engineering companies in the world,” said LCC President and Chief Executive Officer Dean Douglas. "Moreover, it establishes LCC as the only consultant in the marketplace able to offer extensive hands-on experience with new and emerging technologies such as EV-DO, UMTS, HSDPA and WiMAX. We believe the combining of these businesses makes the suite of services LCC will offer customers the most extensive in our industry, including design and optimization, performance and cost efficiency services, and maintenance and operations.” "The acquisition of WFI’s domestic engineering business and our recent acquisitions within EMEA demonstrate the successful execution of our previously announced strategic growth initiatives. With this acquisition, we will further broaden our portfolio in the network management and spectrum clearing arenas as well as penetrate the growing market for fixed network engineering and back haul services,” stated Mr. Douglas. "Just as important, this acquisition allows LCC to leverage its business model in a way that favors professional services organizations. Our additional scale will allow us to achieve revenue and margin levels that would have been difficult with just organic growth,” concluded Mr. Douglas. Conference Call Information: The senior management of LCC International will discuss the acquisition in a teleconference call and webcast for analysts and investors at 8:30 a.m. (ET), May 30, 2007. The webcast and accompanying presentation can be accessed by logging on to the "Investor Relations” section of the Company’s website, www.lcc.com. The call also can be accessed by dialing (800) 659-2056 or (617) 614-2714 prior to the call. Participant passcode 55979384. For those unable to join the live conference call, a replay will be available from approximately 11:00a.m. (ET) on Wednesday, May 30 through midnight (ET) on June 6. To access the replay, please dial (888) 286-8010 or (617) 801-6888 and refer to confirmation code 11858685. The webcast will be archived on LCC’s website. About LCC International, Inc. LCC International (NASDAQ:LCCI) is the recognized leader in providing wireless voice and data turn-key services to the telecommunications industry. Our service offering includes network services, business consulting, tools-based solutions; and training through our world-renowned Wireless Institute. The Company has worked with all major access technologies (including UMTS, EV-DO, HSDPA and WiMAX) and has participated in the success of some of the most sophisticated wireless systems in the world. LCC is unique in its ability to provide comprehensive turnkey services to wireless operators around the world. We bring local knowledge and global capabilities to our customers, offering innovative solutions, insight into cutting-edge developments and delivering solutions that increase business efficiencies. News and additional information are available at www.lcc.com. Cautionary Note regarding forward-looking statements under the Private Securities Litigation Reform Act of 1995: Information in this release regarding LCC’s expectations, beliefs, and intentions are forward-looking statements that involve risks and uncertainties. These statements include those relating to the benefits resulting from LCC’s acquisition of WFI’s U.S. Engineering business and LCC’s expectations with respect to performance of the combined business. All forward-looking statements included in this release are based upon information available to LCC as of the date of this release, which may change, and LCC assumes no obligation to update any such forward-looking statement. These statements are not guarantees. Factors that could cause or contribute to differences from such expectations include, but are not limited to risks associated with international operations, challenges and costs arising from integration of new operations and other factors that may affect our business are discussed in LCC’s filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q.

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