Falls Church, VA — October 22, 2004: Terabeam Wireless , the business name of YDI Wireless, Inc. (NASDAQ:YDIW), a leading developer and supplier of broadband wireless solutions, today announced that Graybar will distribute its complete range of wireless networking solutions throughout the United States. Graybar is a leader in the distribution of high-quality electrical, telecommunications and networking products, and an expert provider of related supply chain management and logistics services.
Graybar will provide these Terabeam Wireless networking solutions:
Terabeam Wireless will also enable Graybar to offer its customers turnkey solutions which may include comprehensive technical support services such as installation, remote and onsite support, and rapid replacement.
“I am delighted to partner with Graybar to provide our customers with wireless networking solutions expertise,” said Robert Fitzgerald, Terabeam Wireless’ Chief Executive Officer. “Forging partnerships with established telecommunications solutions providers is key for us to extend wireless networks into new markets, such as rural service providers and municipalities looking for innovative and cost-effective ways to bring broadband access to the masses.”
Graybar’s Vice President of Comm/Data Products, Al Eddings, states “Terabeam Wireless’ comprehensive line of wireless networking products and services is a natural extension to our established telecommunications solutions offering, and we are looking forward to bringing these solutions to our customers.”Terabeam Wireless is the business name of YDI Wireless, Inc. Terabeam Wireless is a world leader in providing extended range, license-free wireless data equipment and is a leading designer of turnkey long distance wireless systems ranging from 9600 bps to 1.44 Gbps for applications such as wireless Internet, wireless video, wireless LANs, wireless WANs, wireless MANs, and wireless virtual private networks. Additional information about Terabeam Wireless as well as its complete product line can be found at the company's website located at http://www.terabeam.com or by contacting the company by telephone at 413-665-8551 or by email at IR@terabeam.com.
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, telecommunications and networking products, and an expert provider of related supply chain management and logistics services. Through its network of 250 North American distribution facilities, it stocks and sells products from thousands of manufacturers, serving as the vital link to hundreds of thousands of customers. For more information, visit www.graybar.com or call 1-800-GRAYBAR (472-9227).
Statements in this press release that are not statements of historical facts, including statements regarding Terabeam Wireless’ business outlook or expected products, capabilities, performance, opportunities, or developments, are forward-looking statements that involve risks, uncertainties, and assumptions. Terabeam Wireless’ actual results may differ materially from the results anticipated in these forward-looking statements. The forward-looking statements involve risks and uncertainties that could contribute to such differences including those relating to the downturn and ongoing uncertainty in the telecommunications industry and larger economy; the intense competition in Terabeam Wireless’ industries and resulting impacts on its pricing, gross margins, and general financial performance; difficulties in predicting Terabeam Wireless’ future financial performance; and risks arising from and relating to Terabeam Wireless’ recent acquisitions of Ricochet Networks, Inc., Terabeam Corporation, and KarlNet, Inc. and contemplated acquisition of Phazar Corp. Further information on these and other factors that could affect Terabeam Wireless’ actual results is and will be included in filings made by Terabeam Wireless from time to time with the Securities and Exchange Commission and in its other public statements.