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S&C announces asset tracking alliance with AirGain

The collaboration will bring to Spain the most advanced asset tracking and monitoring solutions

SAN DIEGO, CA. - May 31, 2023 - Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers integrated components, external antennas and embedded systems worldwide, announced a new alliance at SIL Barcelona 2023 with Sensing & Control (S&C), an IoT service provider based in Barcelona. Airgain's advanced innovation, design and manufacturing expertise, along with a reputation for providing the most reliable trackers for the logistics, distribution, construction, manufacturing and industrial industries, will be combined with S&C's years of experience in creating the Internet of Things. things (IoT) from end to end for the Spanish market. This means that customers in Spain will now be able to take advantage of technology that will allow them to have accurate information on actual hours of use, plan better maintenance programs, extend the useful life of their machinery and equipment, reduce costs and expenses, and implement new models. to make business more efficient.

Commenting on the new alliance, Airgain CEO Jacob Suen noted that "the partnership with S&C will allow us to bring the most innovative technology to the Spanish market, helping us expand our presence in several different vertical markets."

Narcis Avellana, CEO of Sensing & Control, added: "Working closely with Airgain will result in more innovative, scalable and affordable solutions for the market."

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About Airgain, Inc.

Airgainis a leading wireless connectivity solutions provider, creating and delivering integrated components, external antennas and embedded systems worldwide. Airgain simplifies wireless connectivity across a diverse set of devices and markets, from solving complex connectivity problems to accelerating time to market and improving wireless signals. Our product offering includes three different sub-brands. Airgain Embedded represents our embedded modems, antennas, and development kits that are designed to help design teams bring connected products to market quickly. Airgain Integrated represents our fully integrated, turnkey products, such as our asset trackers and AirgainConnect® platform, that help solve connectivity issues in an organization's operating environment. Airgain Antenna+ represents our external antennas, like our fleet and Internet of Things (IoT) antennas, that help improve wireless signals in some of the harshest environments. Our mission is to connect the world through optimized and integrated wireless solutions. Airgain is headquartered in San Diego, California, and maintains design and testing centers in the United States, the United Kingdom, and China. For more information, visit airgain.com or follow Airgain on LinkedIn and Twitter.

Airgain and the Airgain logo are trademarks or registered trademarks of Airgain, Inc. All other trademarks are the property of their respective owners.

About Sensing & Control

Sensing & Control is an IoT service provider based in Barcelona, with more than 16 years of experience in the development, management and integration of sensor technologies. We currently have clients in Europe, India and LATAM, and some of our partners are Deutsche Telecom, Kore Wireless, 1NCE, SENSORISE, M2M Factory, AMPER Group, ORBEL Group.

Forward-looking statements

Airgaincautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. These forward-looking statements include statements regarding the expected development results, time to market, performance and demand and market for Airgain's products; and the ability to create solutions that are profitable and meet customer needs and market acceptance. The inclusion of forward-looking statements should not be considered a representation by Airgain that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the market for our products is developing and may not develop as we expect; risks associated with the performance of our products, including solutions bundled with third-party products; our products are subject to intense competition, and competitive pressures from existing and new companies may harm our business, sales, growth rates and market share; risks associated with the quality and timing of manufacturing our products and our dependence on third-party manufacturers; we may not be able to maintain strategic collaborations under which our bundled solutions are offered; if we are unable to protect our intellectual property rights, our competitive position could be harmed or we could incur significant expenses in enforcing our rights; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.