Asia PR News

SARATOGA, Calif., Oct. 31 /PRNewswire - AsiaNet/ –

Wi-Fi RTLS and Software Tools Maker Attracts New Funding for Worldwide
Expansion from a Syndicate of International Investors

Ekahau Inc., today announced that it has attracted a total of $16 million
in financing in 2006, including $12 million in Series B equity funding and $4
million of venture loans and government funding. New investors include several
large international investors, with founding investor Nexit Ventures
participating. This funding will allow the company to continue its aggressive
growth and international expansion in the Wi-Fi RTLS (Real Time Location
System) and Wi-Fi tools markets. Ekahau provides wireless enterprise solutions
across multiple industry segments to improve enterprise asset utilization,
process workflows and employee safety and security.

Ekahau will use the infusion of capital to fund its growth and
international expansion, R&D, sales and marketing efforts. The company will
invest significantly in building out its sales and marketing, engineering and
support organization, and continuing its RTLS innovation. With several new
products in the pipeline for 2006 and 2007, the company is extremely well
positioned to continue its market and technology leadership.

"This new investment in Ekahau is a validation of our business to date, as
well as of our vision of driving the Wi-Fi market beyond its traditional use
of voice and data," said Antti Korhonen, president and CEO of Ekahau. "Our
company has developed a strong reputation and good brand recognition in
several industrial segments, including manufacturing and health care. With
this new funding, we are now moving to the next phase of our aggressive plan
to deliver more innovative RTLS and wireless solutions worldwide."

Ekahau investors include: Nexit Ventures, 3M Company, Finnish Industry
Investment Ltd., Sampo Group, the Finnish Funding Agency for Technology and
Innovation TEKES and a group of individual investors.

"We are encouraged by the growing momentum of the Wi-Fi RTLS market and
Ekahau is a technology leader delivering innovative solutions that work," said
Lem Amen, vice president of Track and Trace Solutions at 3M in St. Paul, Minn.
(USA).

About Ekahau Inc.
Ekahau Inc. is the industry leader in providing Wi-Fi based RTLS
solutions. Ekahau’s customers, including several Fortune 500 companies
worldwide, are realizing the benefits of Wi-Fi-based location services, and
innovative Wi-Fi network planning and optimization tools. Ekahau partners
include wireless software developers, leading system integrators, and
international OEM partners, who develop and market wireless enterprise
applications. For more information about Ekahau, please visit at
www.ekahau.com

Ekahau(TM), Ekahau Positioning Engine(TM), Ekahau Site Survey(TM), Ekahau
T201 (TM), Ekahau T301 (TM)and the Ekahau logo are trademarks or registered
trademarks of Ekahau. Other product and company names may be trademarks or
trade names of their respective owners.

SOURCE Ekahau Inc.

/CONTACT: Media Contact U.S., Juliet Travis, Rocket Science PR, for
Ekahau, +1-415-464-8110, ext. 5, juliet@rocketscience.com; Europe, Antti
Korhonen, CEO & President, Ekahau, +358-400-397-979,
antti.korhonen@ekahau.com; Nina Mattsson, Sr Marketing Manager,
+358-50-556-6998, nina.mattsson@ekahau.com /
/Web site: http://www.ekahau.com /