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Axesstel Introduces Its First 4G Product: The MV600 Series EV-DO Rev. B Wi-Fi Gateway
Ships Initial Production Units to Net1/Ice.net in Scandinavia

SAN DIEGO, Feb. 1, 2012 (GLOBE NEWSWIRE) -- Axesstel, Inc. (OTCQB:AXST.PK - News), a leader in the design and development of fixed wireless voice and broadband data products, extends its global leadership in CDMA 1xEV-DO 450MHz with its launch of the world's first 4G EV-DO Rev. B 450MHz Wi-Fi Gateway with optional VoIP. Axesstel has begun shipping MV600 Series Gateways to Net1/Ice.net, a telecom operator providing mobile broadband access, VoIP and machine-to-machine services for consumers and businesses in Denmark, Norway and Sweden.

Clark Hickock, Chief Executive Officer of Axesstel, stated: "With the launch of our first 4G product, we continue to demonstrate our market leading capabilities in developing next-generation products for CDMA 1xEV-DO 450MHz. The evolution to EV-DO Rev. B enables higher streaming rates for video and audio; quicker upload of pictures, videos, and audio files; and faster mobile broadband for mobile devices. Our EV-DO Rev. B Wi-Fi Gateway with VoIP capability offers an innovative solution around EV-DO."

Goesta Kallner, Net1/Ice.net Chief Technology Officer added: "The launch of the Axesstel Rev. B router is an important milestone for Net1 in the Scandinavian market and it helps us to take the business to the next level. A higher speed in combination with our unique coverage makes a very attractive offer for our customers. These efforts strengthen our commitment to offer the most comprehensive services in mobile communications."

"Our relationship with Net1/Ice.net expands our presence in a developed market where demand for fixed wireless products is growing," said Henrik Hoeffner, Chief Marketing Officer of Axesstel. "Net1/Ice.net is the fastest growing telecom provider in Scandinavia and we believe our innovative wireless broadband products will drive adoption of its services. We are excited about supporting Net1/Ice.net in their further market expansion."

The MV600 Series EV-DO Rev. B Gateways seamlessly combine wireless wide area networking (WWAN), a Wi-Fi wireless local area network (WLAN) router and a four port Ethernet switch to provide wireless broadband data access in one easy to use, plug-and-play desktop networking device. Leveraging CDMA2000 1xEV-DO Rev. B technology, the MV600 Series Gateways provide broadband data for high-speed access to email, the Internet, data intensive files and multi-media streaming. The integrated Wi-Fi router allows remote access to broadband data from any room at home or office and trouble-free set up of a local hotspot. A four port Ethernet switch provides a plug-and-play solution that enables users to network multiple desktop and laptop PCs as well as other devices.

Benefits

Integrated Wi-Fi router allows access to broadband data from anywhere at home or office
Four-port Ethernet switch provides a plug-and-play solution for networking multiple desktops, laptops and other devices
Receive Diversity Antennas providing maximum coverage range and data throughput
Embedded VoIP functionality provides Voice call through the RJ-11 port (V model only)

Features

Backward compatible with CDMA2000 1xEV-DO Rev. 0/A and CDMA2000 1X
SIP Application Support Optional
802.11 b/g/n Wi-Fi Router with 4-Port Ethernet
5 LED Indicators (Power/Signal/Connect/1xEV-DO/Wi-Fi)
Receive Diversity Antennas
Desktop or Wall Mountable
IPv6 / IPv4
Backup Battery Optional

About Axesstel, Inc.

Axesstel (OTCQB:AXST.PK - News) is a leading provider of fixed wireless voice and broadband access solutions for the worldwide telecommunications market. Axesstel's best in class product portfolio includes wireline replacement desktop phones and terminals, and 3G and 4G broadband modems and gateway devices for high-speed data and voice calling services. The company has supplied millions of fixed wireless phones, modems, and gateways to leading telecommunications operators and distributors in over 50 countries worldwide. Axesstel is headquartered in San Diego, California. For more information on Axesstel, visit www.axesstel.com.

(C) 2012 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.

The Axesstel, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6261

Contact:

Company PR Contact:
David Berman
Axesstel, Inc.
+1-858.625.2100 X310
[e-mail]
Investor Relations Contact:
Cathy Mattison
LHA
+1-415.433.3777
[e-mail]