CHICAGO, Mar 10, 2003 (BUSINESS WIRE) --

PCTEL, Inc. (Nasdaq:PCTI), a leading provider of Internet access products and wireless mobility software, announced today that PCTEL's Chairman and CEO will present at the Fourth Annual B. Riley Investment Conference at 11:45 a.m. PST on Thursday, March 13, 2003 at the Los Angeles Airport Marriot Hotel. In addition to describing events over the past year and PCTEL's product and investment plans for the future, the company will specifically address the licensing and royalty potential associated with PCTEL's patent portfolio.

PCTEL will describe its Segue(TM) product line which includes the Roaming Client, a Wi-Fi Hotspot Gateway, and a Radius-compatible Wi-Fi Controller. These products were recently showcased at the EyeForWireless Conference and Exhibition in San Francisco.

"We look forward to the opportunity to describe our progress over the past 15 months and to share with shareholders and analysts our plans for the future, particularly our transition to the wireless arena," said Marty Singer, PCTEL's Chairman and CEO. "As we effect our transition to wireless, we anticipate a greater emphasis on developing the full commercial value of our modem-related intellectual property, particularly when individual companies, such as 3Com Corporation (Nasdaq: COMS), could have past and future liability of more than $200 million," added Singer.

Earlier, PCTEL announced that it had filed a complaint against 3Com for its widespread use of a fundamental PCTEL modem patent.

PCTEL, a leader in the design, development, and sales of "soft" modems, has shipped approximately 75 million modems worldwide. PCTEL has more than 80 patents, granted and pending in the modem arena with over 20 licensees worldwide. They also enjoy several cross-licenses with the leaders in the modem industry, including Motorola, Conexant, Smart Link, and ESS Technologies. PCTEL is also licensed under several Townshend patents.

To listen to PCTEL's presentation at the B. Riley Investment Conference via the Internet, please visit http://www.pctel.com/briley.htm. A copy of the presentation will be made available on the PCTEL Web Site soon after the presentation.

About PCTEL

PCTEL, founded in March 1994, is a leading provider of innovative and cost-effective Internet access solutions. PCTEL's products include analog soft modems, DSP-based modems and WLAN software products (Segue(TM) product line) that simplify installation, roaming, Internet access and billing. The company maintains a portfolio of more than 80 analog and broadband communications and wireless patents, issued or pending, including key and essential patents for modem technology. The company's products are sold to PC manufacturers, PC board and card manufacturers, wireless carriers, wireless ISPs, software distributors, and system integrators. PCTEL headquarters are located at 8725 West Higgins Road, Suite 400, Chicago, IL 60631. Telephone: 773-243-3000. For more information, please visit our web site at: http://www.pctel.com.

Now in its 4th year, The B. Riley and Co. Investment Conference is rapidly becoming the premier showcase opportunity for emerging-growth small cap companies. The all-day event runs from 7.30 a.m. and those wishing to attend should contact Jeremy Nowak at 888-295-0155 or visit www.brileyco.com. Media inquiries should be directed to Valerie Bent at 818-789-0100.

PCTEL SAFE HARBOR STATEMENT

This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Specifically, the statements regarding PCTEL's transition to the wireless arena, the licensing and royalty potential of its products and technology, its plans to emphasize the full commercial value of its modem-related intellectual property and the potential for realizing increased revenue from such efforts, and the potential recovery of amounts from third parties arising from claims relating to its intellectual property are forward looking statements within the meaning of the safe harbor. These statements are based on management's current expectations and actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: demand for and market acceptance of new alternative Internet access devices, including in the wireless arena, PCTEL's success at growing its wireless business, including its efforts at acquiring businesses and technologies related to the wireless arena, PCTEL's ability to secure favorable license terms for its products and to realize the full value of its intellectual property, and PCTEL's ability to enforce its intellectual property rights. PCTEL's ability to recover amounts relating to claims for infringement of its intellectual property rights, as well as the amount of any such recovery or settlement, will depend on a variety of factors, including the uncertainties of litigation. PCTEL may also face intellectual property claims from third parties. These risks and uncertainties and others, including but not limited to, those detailed from time to time in PCTEL's Securities and Exchange Commission filings, can affect PCTEL's financial condition, future results of operations, business and prospects. These forward-looking statements are made only as of the date hereof. PCTEL disclaims any obligation to update or revise the information contained in any forward-looking statement, whether as a result of new information, future events or otherwise.

PCTEL, Inc.
COO/CFO
John Schoen, 773/243-3000
john_schoen@pctel.com
or
Public Relations
Jack Seller, 773/243-3016
jack_seller@pctel.com

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