Continued Growth In Operating Profit

BLOOMINGDALE, Ill.–(EMWNews)–PCTEL, Inc. (NASDAQ: PCTI), a leader in propagation and optimization

solutions for the wireless industry, announced results for the second

quarter ended June 30, 2008.

The Company completed the sale of its Mobility Solutions Group (MSG) on

January 4, 2008. The Company’s financial

statements reflect MSG as a discontinued operation.

Second Quarter Financial Highlights –

Continuing Operations (excludes MSG)

• $20.3 million in revenue from continuing operations for the quarter,

  an increase of 23 percent over the same period last year and an

  increase of 11% over the first quarter of this year.

• Gross Profit from continuing operations of 48% versus 45% in

  the same period last year.

• GAAP Operating Profit from continuing operations of 4% as

  compared to a loss of (21)% in the same period last year.

• Non-GAAP Operating Profit from continuing operations of 14% versus

  1% in the same period last year. The Company’s

  reporting of non-GAAP operating profit excludes expenses for

  restructuring, stock based compensation, amortization and impairment

  of intangible assets and goodwill related to the Company’s

  acquisitions.

• GAAP net income from continuing operations of $0.5 million for the

  quarter, or $0.03 per diluted share, compared to a net loss of

  $(3.2) million, or $(0.15) per share for the same period in 2007.

• Non-GAAP net income from continuing operations of $3.0 million for

  the quarter, or $0.15 per diluted share compared to $0.8 million

  of net income, or $0.04 per diluted share for the same period in 2007.

  The Company’s reporting of non-GAAP income

  excludes expenses for restructuring, stock based compensation,

  amortization and impairment of intangible assets and goodwill related

  to the Company’s acquisitions, and non-cash

  related income tax expense.

• $85 million of cash and investments at June 30, 2008, of which

  $15 million is classified as long term.

The Company completed its previously announced 3.0 million share buyback

during the quarter with the repurchase of 1.88 million shares for $17.0

million at an average price of $9.04. The company also paid out $10.3

million in a one-time cash dividend to shareholders during the quarter.

“The global transition to spread spectrum

wireless technologies is creating strong opportunities for our scanning

receivers and for specific antenna product families,”

said Marty Singer, PCTEL’s Chairman and CEO. “We

continue to benefit as well from the focus that we achieved with the

divestiture of the software business.”

Second Quarter Financial Highlights –

Discontinued Operations (MSG)

• GAAP net income from discontinued operations of $187,000 in the second

  quarter 2008 represents an adjustment to accrued income tax related to

  the gain on sale of the Mobility Solutions Group recorded in the first

  quarter 2008. The Company excludes discontinued operations from its

  non-GAAP earnings.

PCTEL’s management team will discuss the

Company’s results during its scheduled

earnings teleconference today at 5:15 PM EDT. Management will host the

call from their corporate headquarters in Bloomingdale, Illinois.

CONFERENCE CALL / WEBCAST

The company will hold a conference call at 5:15 PM ET (4:15 PM CT)

today, Thursday July 24, 2008 with Marty Singer, Chairman and Chief

Executive Officer, and John Schoen, Chief Financial Officer. PCTEL will

not be responding to inquiries regarding its financial results until the

conference call. The session can be accessed by calling (800) 289-0726

(U.S. / Canada) or (913) 312-0391 (International).

To listen via the Internet, please visit http://investor.pctel.com/events.cfm.

REPLAY: A replay will be available for two weeks after the call on

PCTEL’s web site at www.pctel.com or

by calling (888) 203-1112 (U.S. / Canada) or (719) 457-0820

(International) access code: 3004106.

About PCTEL

PCTEL, Inc. (NASDAQ: PCTI),

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 applications, unlicensed and

licensed wireless broadband, fleet management, and network timing. Its

portfolio includes a broad range of antennas for WiMAX, Land Mobile

Radio, GPS, telemetry, RFID, WiFi, indoor cellular, 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: www.pctel.com.

PCTEL Safe Harbor Statement

This press release contains “forward-looking

statements” as defined in the Private

Securities Litigation Reform Act of 1995. Specifically, the statements

regarding PCTEL’s progress in growing its

wireless RF business and improving operational effectiveness, the

sufficiency of working capital to grow its business and accelerate

growth through acquisitions, and its revenue forecast for the third

quarter and the year 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, including the

ability to successfully grow the wireless products business and the

ability to implement new technologies and obtain protection for the

related intellectual property. These and other risks and uncertainties

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.