PacketVideo Adds Two Mobile Industry Veterans to Management Team

    SAN DIEGO, October 19 /CNW/ - PacketVideo Corporation (PV) has added two
mobile industry veterans to its management team.

    Neil Sharma joined PV as senior vice president of Mobile Operator
Strategy and he will be responsible for helping define and communicate PV's
role as a partner in mobile multimedia services to mobile operators worldwide.

    He spent the last six years in Microsoft's Digital Media Division where
he was responsible for strategic partnerships with mobile operators for
multimedia services. Sharma is credited with jump-starting Microsoft's digital
media presence in the mobile market with partners including Verizon and
Cingular (now AT&T). Prior to Microsoft, Sharma was with InfoSpace.

    Also joining the PV management team is Jeff Wright, who will serve as PV
vice president of Finance. Wright has more than 25 years of broad-based
financial experience including more than 22 years with Motorola/Freescale,
where he oversaw finance, strategy and operations.

    "Microsoft has long been a valued partner with PV and by bringing Neil
onto our team, we know that our partnership with Microsoft will generate even
more innovative solutions," said PV CEO James C. Brailean, Ph.D. "Neil and
Jeff are two excellent examples of deep expertise that will generate new
opportunities for PV and help propel our business forward."

    Both Sharma and Wright joined PV effective Oct. 1.

    About PV: PV is a subsidiary of NextWave Wireless Inc. (NASDAQ:  WAVE), and
is the software innovator powering the world's leading mobile multimedia
services. With more than 250 different devices supported and 160+ million PV
multimedia clients deployed around the world, PV has the deepest, broadest and
most respected multimedia software expertise in the industry. Founded in 1998,
PV is headquartered in San Diego, California with regional offices in the
U.S., Japan, Europe and India.

    Note Regarding Forward-Looking Statements: This press release contains
"forward-looking statements" for purposes of the Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties. There can be no
assurances that forward-looking statements will be achieved, and actual events
or results could differ materially from the events or results predicted or
from any other forward-looking statements made by, or on behalf of, PV, and
should not be considered as an indication of future events or results.
Important factors that could cause actual events or results to differ
materially are described in filings of our parent company, NextWave Wireless
Inc. (NASDAQ:  WAVE) with the Securities and Exchange Commission. All such
documents are available through the SEC's website at PV and
NextWave Wireless Inc. make no commitment to revise or update any
forward-looking statements in order to reflect changes in events or
circumstances after the date any such statement is made, except as may be
required pursuant to applicable law.

For further information:

For further information: PacketVideo Gretchen Griswold, 858-731-5335

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