2008-11-21 22:22:03 -

www.pctel.com - PCTEL, Inc. (NASDAQ: PCTI), a leader in propagation and optimization solutions for the wireless industry, announced today that its Board of Directors authorized $5 million toward the continuation of the company"s open market repurchase program. The company has purchased a total of seven million shares since 2002 through previous buyback activities.

"These are unusual times with respect to stock value," said Marty Singer, PCTEL"s Chairman and CEO. "We believe that PCTEL is an exceptional value at current price levels and our open market stock buybacks, along with investment in organic growth and in acquisitions, should be an element of our long-term strategy," added Singer.
About PCTEL
PCTEL, Inc. (NASDAQ: cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Ffin ..), is a global leader in propagation and optimization solutions for the wireless industry. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. PCTEL"s MAXRAD® antenna solutions address public safety, military, and government applications; SCADA, Health Care, and Agricultural applications; and indoor wireless, wireless backhaul, and cellular applications. Its portfolio includes a broad range of antennas for WiMAX, Land Mobile Radio, GPS, telemetry, RFID, WiFi, fleet management, and mesh networks. The company"s SeeGull® scanning receivers, receiver-based products and CLARIFY® interference management solutions are used to measure, monitor and optimize cellular networks. PCTEL"s products are sold worldwide through direct and indirect channels. For more information, please visit the company"s web site at: cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ...
PCTEL Safe Harbor
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Specifically, the statements regarding PCTEL's authorization to repurchase up to $5 million of the company?s common stock in the open market are forward looking statements within the meaning of the safe harbor. These statements are based on management's current expectations and actual results may differ materially from those projected as a result of certain risks and uncertainties that are detailed in PCTEL's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and PCTEL disclaims any obligation to update or revise the information contained in any forward-looking statement, whether as a result of new information, future events or otherwise.


PCTEL, Inc.

John Schoen

CFO

(630) 372-6800

or

PCTEL, Inc.

Jack Seller

Public Relations

(630) 339-2116

mailto:Jack.seller@pctel.com

or

Summit IR Group

Mary McGowan

Investor Relations

(408) 404-5401

mailto:mary@summitirgroup.com