Global News

February 11, 2003
Yang brings experience to Axesstel


UNITED STATES -- Axesstel, Inc. has appointed Yang Seung-Taik, the former Korean minister of Information and Communication, as the newest member of the company's board of directors. Seung-Taik will contribute strong strategic leadership and global telecommunications expertise to Axesstel.

Satoru Yukie, president and CEO, Axesstel, said: "Yang brings extensive experience to Axesstel, particularly in the telecommunications regulation field. His knowledge and expertise, combined with his widespread network of global telecommunications contacts will further enhance Axesstel's success in the markets and help guide the company's global strategies."

Yang brings over 30 years of telecommunications industry experience to Axesstel. Additionally, his impeccable background includes advisor of Science and Technology to the President of Korea, minister of Ministry of Information, Communication and President of Information and Communications University (ICU). Yang was president of the Electronics and Telecommunications Research Institute (ETRI), a non-profit government-funded research organisation that has been at the forefront of technological excellence for over 25 years.

Yang earned his bachelor's of science degree in electrical engineering at Seoul National University in Korea. He received his master's of science in electrical engineering at Virginia Polytechnic Institute and
achieved his doctorate in electrical engineering at the Polytechnic Institute of Brooklyn.

Axesstel Inc. is powering next-generation wireless terminals and gateways based on Qualcomm's CDMA and CDMA2000, and the integration with 802.11 and emerging 3G and 4G broadband IP technologies. The company is pursuing technology and applications that will enable the current development and delivery of carrier-class subscriber-based solutions, including fixed wireless terminals, mobile hybrid handsets, modems and wireless payphones.

Contact:
Axesstel

Web: www.axesstel.com

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