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GigaBeam Receives Order for
WiFiber® Links for the Department of Defense From WirelessGuys
Other Topics: Fixed Broadband
Solution, WiMAX Multimedia Streaming,
Mobile WiMAX Interoperability
GigaBeam Corporation
September 26, 2006
Herndon, VA -- GigaBeam Corporation (NASDAQ:GGBM) announced today that
it has received a purchase order for three WiFiber® wireless fiber links
from WirelessGuys, Inc., a system integration partner, to support a
program they are working on with the Department of Defense (“DoD”).
Steve Williams, President of WirelessGuys, said, “We are excited about
this opportunity to deploy GigaBeam’s WiFiber links on a program we are
working on with the Department of Defense. WiFiber is unique because it
can be rapidly and economically deployed for very high speed
communications versus the alternative of having to install terrestrial
fiber. We believe that GigaBeam’s technology is disruptive because it
provides a competitive advantage which differentiates our company’s
ability to deliver world class communications systems to our customers.” |
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Lou Slaughter, GigaBeam’s
Chairman and CEO, stated, “We are very pleased with this first order
from WirelessGuys for the Department of Defense. This order follows
previous orders received by the company for the DoD. We believe this
commitment on behalf of the DoD underscores the significant opportunity
for our WiFiber product.”
GigaBeam WiFiber products operate in the 71-76 GHz and 81-86 GHz radio
spectrum bands. This portion of the radio frequency spectrum has been
authorized by the Federal Communications Commission for wireless
point-to-point commercial use. Use of these frequency bands for
commercial use was pioneered by GigaBeam’s founders.
GigaBeam’s technology, utilizing these large blocks of authorized
contiguous spectrum, enables multi- Gigabit-per-second communications
through use of Gigabit Ethernet and other standard protocols. The
current speed achieved by GigaBeam’s WiFiber G-1.25 product series is
full duplex at one Gigabit-per-second (equivalent to 647 T1 lines or
1,000 DSL connections) which supports GigE protocol. GigaBeam recently
announced its WiFiber G-2.7 series, to be released in Q4, 2006, which
will operate at 2.7 Gbps. The protocols to be supported by the G-2.7
product series include 2 x GigE (2 x 1 Gbps); OC-48 / STM-16 (2.488 Gbps);
SMPTE 292M (1.485 Gbps) and both 1 and 2 Gbps fiber channel. GigaBeam
also plans deployment of future products capable of 10
Gigabits-per-second utilizing either the 10 Gigabit Ethernet or OC-192
protocol standards.
GigaBeam’s WiFiber technology is similar to terrestrial fiber in terms
of speed and reliability for deployment in Metropolitan Area Networks
(MANS). However, WiFiber has a substantial advantage over terrestrial
fiber because WiFiber can be deployed in a day and costs less to deploy
than terrestrial fiber. Terrestrial fiber can take months to deploy and
also require significant regulatory and environmental approvals prior to
installation.
About GigaBeam Corporation
GigaBeam is a provider of high-performance wireless point-to-point
communications access solutions that operate in the licensed 71-76 GHz
and 81-86 GHz radio spectrum bands. GigaBeam equipment operates at
multi-gigabit-per-second speeds. GigaBeam Corporation headquarters is
located at 470 Springpark Place, Suite 900, Herndon, VA 20170. For more
information, visit www.gigabeam.com.
About WirelessGuys, Inc.
WirelessGuys' mission is to provide cost-effective wireless networking
services and solutions to enterprises, public sector, educational
institutions and other organizations. Through our global network of
affiliated consultants, WirelessGuys specializes in designing and
implementing wireless networking solutions for clients around the world.
For more information, visit www.wirelessguys.com
Safe Harbor Statement
Statements in this press release regarding GigaBeam's products,
services, capabilities, performance, opportunities, development and
business outlook that are forward-looking involve and are subject to
known and unknown risks, uncertainties and other factors, some of which
are beyond GigaBeam's control and difficult to predict, and could cause
actual results to differ materially from these anticipated, expressed or
forecasted in the forward-looking statements. Such risks and
uncertainties may include, but are not limited to: lack of operating
history, transitioning from a development company to an operating
company, difficulties in distinguishing GigaBeam's products and
services, ability to manufacture and deploy GigaBeam's products, lack of
or delay in market acceptance and fluctuations in customer demand,
dependence on a limited number of significant customers, reliance on
third party vendors and strategic partners, availability of raw
materials, subassemblies and components, ability to meet future capital
requirements on acceptable terms, continuing uncertainty in the
telecommunications industry and the global economy, intense competition
in the telecommunications equipment industry and resulting impact on
pricing and general financial performance, compliance with federal and
state regulatory requirements, timing, availability and success of new
technology and product introductions and the other factors discussed in
GigaBeam's filings with the Securities and Exchange Commission. |
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