POWERWAVE TECHNOLOGIES ANNOUNCES FOURTH QUARTER CONFERENCE CALL INFORMATION

SANTA ANA, Calif., January 5, 2005 – Powerwave Technologies, Inc. (NASDAQ:PWAV) announced today that it will provide a simultaneous Webcast and live dial-in number of its Fiscal 2004 Year End and Fourth Quarter Financial Results Conference Call on Thursday, January 27, 2005, at 2:00 PM Pacific Time. Powerwave will be releasing its 2004 Fourth Quarter Financial Results on Thursday, January 27, 2005, after 1:00 PM Pacific Time. To access this audio Webcast, select the Investor Relations page at www.powerwave.com and select the Powerwave Technologies Q4 Earnings Conference Call. To listen to the live call, please dial (617) 786-2905 and enter reservation number 16086807. The call will begin at 2:00 PM Pacific Time on January 27, 2005 and last for approximately 1 hour. A replay of the Webcast will be available beginning approximately 2 hours after completion of the initial Webcast. Additionally, an audio playback of Powerwave’s Fiscal Year 2004 Fourth Quarter Financial Results Conference Call will be available at approximately 5:00 PM Pacific Time on January 27, 2005 through February 9, 2005 by calling (617) 801-6888 and entering reservation number 22405852.