Net sales increased 233.6 percent to $34.7 million for the fiscal year,compared with $10.4 million in sales for the fiscal year ended June 30,2007. Sales during the year were a result of significant demand for CDMAUSB products in North America, the Caribbean, and South America.

In the Caribbean and South America, net sales of CDMA USB modem productsjumped by $19.6 million, or 343.8 percent, to $25.3 million for the yearended June 30, 2008, compared with $5.7 million in sales the previous year.North American sales of CDMA USB modem products increased by $5.1 million,or 118.9 percent, to $9.4 million for the year ended June 30, 2008,compared with $4.3 million in sales the previous year.

The jump in sales of CDMA USB modems drove Franklin Wireless' gross profitmargins, which increased by $5 million, or 185.5 percent, to $7.7 millionfor the fiscal year. Gross profit was 22.2 percent of net sales for thefiscal year, compared with 26 percent for the corresponding period in 2007.The overall decrease in gross profit as a percent of net sales wasprimarily attributed to competitive pricing pressures in the USB modemmarket.

"Our strong position in the CDMA USB market continues to fuel ourtremendous growth," said Franklin Wireless President O.C. Kim. "We are alsomaking significant headway in the WCDMA/HSPA and WiMAX market with high-endsolutions."

Franklin Wireless products are marketed through distributors, as well asdirectly to operators and end users. The company offers a full range ofmobile broadband solutions of CDMA 1xEV-DO Rev.0 and Rev. A technologies,WCDMA solutions that include HSDPA/HSUPA and WiMAX solutions based on theIEEE 802.16 standard.

About Franklin Wireless

Franklin Wireless Corp. (OTCBB: FKWL) designs and markets wirelessbroadband high speed data communication products such as third generation("3G") and fourth generation ("4G") wireless broadband modules and modemsto end users and wireless companies in North and South American countries.The company was founded in 1982 and is headquartered in San Diego,California. For more information about Franklin Wireless, please visitwww.franklinwireless.com.

Certain statements in this press release constitute "forward-lookingstatements" within the meaning of section 27A of the Securities Act of 1933and Section 21E of the Securities Exchange Act of 1934. Suchforward-looking statements involve known and unknown risks, uncertaintiesand other factors which may cause the actual results, performance orachievements of the Company to be materially different from any futureresults, performance or achievements, expressed or implied by suchforward-looking statements.