EX-99.1 4 f81770ex99-1.txt EXHIBIT 99.1 EXHIBIT 99.1 PCTEL, INC. TERMINATES THE ENGAGEMENT OF ARTHUR ANDERSEN LLP AS INDEPENDENT AUDITORS MILPITAS, Calif. -- MAY 14, 2002 -- PCTEL, Inc. (NASDAQ: PCTI), a leading provider of personal connectivity and Internet access technology, today announced that its Board of Directors has terminated the engagement of Arthur Andersen LLP as its independent auditors, effective May 9, 2002. ABOUT PCTEL PCTEL, founded in March 1994, is a leading provider of innovative, cost-effective Internet access solutions, including analog soft modems, and embedded DSP-based modems. The company is built upon a wide-ranging and comprehensive portfolio of more than 80 analog and broadband communications patents, issued or pending, including the key and essential patents for Host Signal Processing (HSP) modem technology. PCTEL products are available to PC and data communications equipment manufacturers. PCTEL is located at 1331 California Circle, Milpitas, CA., 95035. Telephone: 408-965-2100. Fax: 408-895-0178. For more information on PCTEL products, visit the PCTEL website at http://www.pctel.com. CONTACTS: John Schoen Jack Seller COO/CFO Public Relations PCTEL, Inc. PCTEL, Inc. (408) 965-2162 (408) 965-2127 john_schoen@pctel.com jack_seller@pctel.com