The City Of San Francisco And Terabeam Wireless Bring Wireless Internet Access To Union Square
Falls Church, VA — November 16, 2004: Terabeam Wireless, the business name of YDI Wireless, Inc. (NASDAQ:YDIW), a leading developer and supplier of broadband wireless solutions, has supplied the wireless network equipment enabling the City of San Francisco, California to offer citizens, local businesses and visitors free access to the Internet in and around Union Square. The service is being offered on a test basis by a partnership that includes Terabeam, the Mayor's Office of Economic and Workforce Development, the Department of Telecommunications and Information Services (DTIS), the Recreation and Parks Department, and UnwireNow, a San Francisco based network consulting and engineering firm. Starting with this pilot project, the Mayor's Office has directed DTIS to work with city departments to develop a citywide wireless broadband policy and explore other opportunities to use wireless broadband services throughout San Francisco.
Internet access is available via the increasingly popular wireless fidelity or Wi-Fi TM technology, commonly found in “hotspots” in airports, hotels, retail establishments and other public venues around the world. Wi-Fi TM uses an access point which allows persons with wireless-enabled computers or personal digital assistants (PDAs) to connect to the Internet while in range of the access point.
“I am very pleased to launch this service in Union Square,” said Mayor Gavin Newsom. “San Francisco is one of the most technically-savvy, connected cities in the world. I believe technology can improve the lives of all citizens, especially through the tremendous amount of information available on the Internet.” Newsom continued, “Now, even more citizens have convenient, free access to that information in one of San Francisco's vibrant public areas.”
Robert Fitzgerald, Terabeam Wireless’s Chief Executive Officer, said “We are honored that a city as grand and forward-thinking as San Francisco has chosen our technology to power its Wi-Fi TM network. Our 18-year heritage of excellence in wireless networking is being applied by municipalities around the world looking for innovative and cost-effective ways to bring broadband access to their citizens.”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.
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.
David L. Renauld
Vice President, Corporate Affairs
(413) 665-8551
