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[Scrooge McDuck]

PCOM news!!.......

August 4, 2003

CAMPBELL, Calif., Aug 4, 2003 /PRNewswire-FirstCall via COMTEX/ --

P-Com, Inc. (OTC Bulletin Board: PCOM), a worldwide provider of wireless telecom products and services, today announced that it has received a $2.8 million order for its advanced, point-to-point radios from Mexican cellular operator Telcel Radiomovil DIPSA, S.A. de C.V. ('Telcel').

P-Com said it expects to receive additional orders for deployment in the Telcel network during 2003.

'This order for our Encore Plus radios confirms the strength of our products by one of the world's most respected and fastest-growing telecommunications companies,'said P-Com Chairman George Roberts. 'This is a significant order for P-Com, and we look forward to additional orders as our partnership with Telcel expands.'

Telcel is a subsidiary of America Movil, a leading provider of wireless communications services in Mexico and operating under the trademark 'Telcel.' Telcel operates cellular telecommunications service within the country's nine regions and provides coverage to more than 85 percent of Mexico's population.

Encore Plus is a variable bandwidth, digital microwave radio that facilitates high-speed voice, data and video transmissions across a network. Encore Plus is also being tested by several other large telecommunications operators in Mexico.

Earlier this year, P-Com received approval for Encore Plus from Mexico's Comision Federal de Telecomunicaciones (Cofetel), the equivalent of the Federal Communications Commission in the U.S.

About P-Com, Inc.

P-Com, Inc. develops, manufactures, and markets point-to-point, spread spectrum and point-to-multipoint, wireless access systems to the worldwide telecommunications market. P-Com broadband wireless access systems are designed to satisfy the high-speed, integrated network requirements of Internet access associated with Business to Business and E-Commerce business processes. Cellular and personal communications service (PCS) providers utilize P-Com point-to-point systems to provide backhaul between base stations and mobile switching centers. Government, utility, and business entities use P-Com systems in public and private network applications. For more information visit www.p-com.com or call 408-866-3660.