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- In what state and what year was YDI Wireless incorporated?
- YDI Wireless was incorporated as a Delaware corporation on May 5, 2003.
- What is YDI Wireless' history?
-
YDI Wireless, Inc. is the result of a merger consummated on April 1, 2003 between Telaxis Communications Corporation and Young Design, Inc. Telaxis was a publicly traded company that focused on developing high capacity millimeter wave wireless products. Young Design was a privately held company that developed, produced, and sold wireless data products, primarily in microwave frequencies. On May 14, 2004, YDI acquired KarlNet, Inc., a pioneer and leader in software development for operating and managing wireless networks. On June 22, 2004, YDI acquired Terabeam Corporation. Terabeam was a provider of broadband wireless solutions that extended and optimized carrier and enterprise networks using high frequency millimeter wave (60 GHz radio frequency) and free space optics (invisible light beam) technologies. Based on Terabeam’s high level of positive name recognition, in mid-August 2004, YDI decided to adopt the name “Terabeam Wireless” for its go to market strategy. On June 25, 2004, YDI acquired Ricochet Networks, Inc., a leading mobile Wireless Internet Service Provider (WISP) headquartered in Denver, Colorado. Ricochet provides high-speed mobile Internet connectivity in San Diego, California and Denver and has over 8,000 paying customers. On July 27, 2005, YDI acquired the operations of Proxim Corporation, a leading provider of in wireless networking equipment for Wi-Fi and broadband wireless networks.
- Where are YDI Wireless' facilities?
-
Our headquarters are located in Falls Church, Virginia. We are in the process of moving our headquarters to San Jose, California in connection with our acquisition of Proxim’s operations. We have numerous sales and support offices both in the United States and internationally. The staff for our Ricochet subsidiary is located in Denver, Colorado.
- How many employees does YDI Wireless have?
- As of July 30, 2005, we had approximately 290 employees.
- What kinds of products does YDI Wireless sell?
- Broadband wireless solutions. YDI Wireless is a supplier of technically advanced, high-speed wireless data communication
systems that operate primarily in the license-free radio bands. The company built its reputation on 2.4 GHz and
5.8 GHz extended range outdoor solutions. It has recently expanded its product line through the acquisitions of
Terabeam Corporation, KarlNet, Inc and the operations of Proxim Corporation. It has an extensive line of radios, wireless local area network (WLAN) devices,
wireless metropolitan area network (WMAN) systems, wireless backhaul links, bandwidth access control devices, amplifiers,
cables, and antennas.
- Where is YDI Wireless' common stock traded?
- YDI Wireless' common stock is traded on the NASDAQ SmallCap Market.
- What is YDI Wireless' ticker symbol?
- Our ticker symbol is "YDIW."
- What is the CUSIP for YDI Wireless' common stock?
- The CUSIP for YDI Wireless' common stock is 984215 10 3.
- How does one buy YDI Wireless stock?
- Our stock can be purchased through a stockbroker or other financial institution.
- Can stock be purchased directly from YDI Wireless?
- We do not currently offer a dividend reinvestment program or a direct stock purchase plan to the public.
- How many outstanding shares of YDI Wireless common stock are there?
- As of July 30, 2005, there were approximately 21.39 million shares of our common stock outstanding.
- What is YDI Wireless' float?
- As of July 30, 2005, our float was approximately 12.33 million shares. When we use the term float, we
are referring to our freely tradeable outstanding common stock less the shares of our common stock held by our
10% stockholders, directors, and officers.
- Who are YDI Wireless' major stockholders?
- The table below shows our major stockholders as of July 30, 2005, the approximate number of shares held,
and the approximate percent of our total outstanding shares held.
-
-
| Name of Stockholder |
Number of
Shares Held |
Percent of
Outstanding Shares |
| Mobius Venture Capital |
5,353,333 |
25.0% |
| Concorde Equity II, LLC |
3,596,340 |
16.8% |
- Who are the members of YDI Wireless' Board of Directors?
- The members of our board of directors are
Daniel A. Saginario (Chairman), Robert E. Fitzgerald, John W. Gerdelman,
and Robert A. Wiedemer.
- Who are the members of YDI Wireless' senior management?
- The members of our senior management and their positions are shown below:
-
-
| Name |
Position |
| Robert E. Fitzgerald |
Chief Executive Officer |
| David E. Olson |
Senior Vice President Sales and Global
Operations |
Patrick L. Milton |
Chief Financial Officer and Treasurer |
| David L. Renauld |
Vice President, Corporate Affairs,
General Counsel, and Secretary |
Thomas M. Lera |
Vice President of Operations |
| Dean Soucy |
Chief Engineer |
Dana Wheeler |
Vice President, MMW Operations |
- Who are YDI Wireless' independent accountants?
- Our independent accountants are Fitzgerald, Snyder & Co., P.C. in McLean, Virginia.
- Who do I contact regarding a lost YDI Wireless stock certificate or change of address?
- Please contact our transfer agent, Registrar and Transfer Company (see below).
- How do I contact YDI Wireless' transfer agent?
- You may contact our transfer agent as follows: Registrar and Transfer Company, 10 Commerce Drive, Cranford,
NJ, 07016, Phone: (800) 368-5948.
- When does YDI Wireless' fiscal year end?
- Our fiscal year ends on December 31.
- Who should I contact for answers to other questions about YDI Wireless?
- For answers to questions that are not listed here, contact our Investor Relations Department by email at IR@ydi.com or
by calling (413) 584-1425.
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