Sal D’Itri, Federated Wireless General Manager of Government Business, Elected to the Executive Committee of the National Spectrum Consortium

Federated Wireless, Inc. today announced that Sal D’Itri, General Manager of Government Business, was elected to the Executive Committee of the National Spectrum Consortium, the organization that facilitates the collaboration between the U.S. government and industry in the development of electromagnetic spectrum technologies.

As a member of the Committee, Mr. D’Itri is joining senior executives from industry-leading companies to oversee the development of innovations in shared spectrum that have the potential to expand upon current efforts to share the 3.5GHz band. This includes managing a five-year, $1.25 billion contract that the Consortium received last year from the U.S. Department of Defense to carry out a research and development program on new spectrum access technologies and leverage resources available in the $500 million Spectrum Relocation Fund.

"I am pleased to be a part of this important organization, which illustrates the federal government’s strong commitment to spectrum sharing, even beyond the 3.5GHz band,” Mr. D’Itri said. "The Consortium represents a great opportunity for leaders in this industry to come together to address the challenge of satisfying the vastly increasing demand for electromagnetic spectrum.”

Federated Wireless is developing a dynamic Spectrum Access System (SAS) to bring the benefits of shared spectrum in the 3.5GHz spectrum, as well as in future federal and commercial bands, to Enterprise customers in the Education, Healthcare, Hospitality, Retail and Financial markets. The SAS aims to help alleviate spectrum management challenges and to substantially improve the throughput, performance and capacity of wireless networks.

The company is also developing its CINQ platform, a cloud-hosted data analytics and intelligence solution that provides access to the real-time management of shared spectrum made possible through SAS. CINQ is designed to make it easy for wireless carriers to extend the allocation and management of spectrum resources and enable 5G, the next generation of mobile communications.

"We are pleased that the National Spectrum Consortium has chosen a member of Federated Wireless to help lead this impressive list of Fortune 500 and industry-leading companies,” said Kurt Schaubach, Chief Technology Officer of Federated Wireless. "Our innovative team of researchers and engineers is excited to work with the Consortium to find new avenues for unlocking additional spectrum capacity for military and commercial users."

More information about Federated Wireless, including the company’s recent filings to the FCC, can be found at www.federatedwireless.com.

About Federated Wireless
Formed in 2012, Federated Wireless, Inc. is developing scalable wireless infrastructure solutions to extend the access of carrier networks. The company’s dynamic Spectrum Access Service (SAS) platform focuses on the distribution of licensed shared spectrum. Its approach incorporates a neural network of radio sensors that allow for interference-free access to low-cost, high-quality licensed spectrum, and breaks down traditional barriers of high-cost, exclusive spectrum. The company’s differentiated business model creates opportunities for more efficient approaches to spectrum. Federated Wireless is headquartered in Arlington, VA with offices in Boston, MA. More information can be found at www.federatedwireless.com.

About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.

Allied Minds Forward-Looking Statement
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