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GigaBeam To Present at Paulson
Investment's 29th Annual Westergaard Smallcap Conference
Other Topics: Voice over WiMAX,
WiMAX Portable Multimedia
GigaBeam Corporation
October 30, 2006
Herndon, VA -- GigaBeam Corporation (NASDAQ:GGBM) announced today that
Lou Slaughter, Chairman and CEO, will present at the Westergaard
Smallcap Conference sponsored by Paulson Investment Company, Inc. and
Dutton Associates.
WHEN: November 6, 2006
WHERE: Waldorf-Astoria
New
York, NY
TIME: 10:10AM, 11:55AM, 3:15PM, 5:00PM
WHO: Lou Slaughter, Chairman and CEO |
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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 and the European Conference of Postal and Telecommunications
Administrations
(CEPT) 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 previously
announced its WiFiber G-2.7 series, to be released in Q4, 2006 and
generally available in Q1, 2007, 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 Dutton Associates
Dutton Associates is one of the largest issuer-paid equity research
firms in the United States and its investment performance is ranked
comparable to that of the top Wall Street firms. Its analysts, primarily
CFAs with over 20 years of experience at the major securities firms, are
among the most experienced on Wall Street. The Company offers
high-quality, independent, fundamental research on small cap public
companies. For more information, visit www.jmdutton.com/.
About Paulson Capital Corp.
Paulson Capital Corp. is the parent company to Paulson Investment
Company, Inc. Located in Portland, Oregon, Paulson Investment Company,
Inc. is the Northwest's largest independent brokerage firm and a
national leader in public offerings of small and emerging growth
companies with capital needs of $5 million to $45 million. Founded by
Chet Paulson in 1970, it has managed or underwritten nearly 160 public
and private offerings and has generated more than $1 billion for client
companies. For more information, visit www.paulsoninvestment.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.
Contact:
Erin Foster
GigaBeam Corporation
(617) 293-6259
erin.foster@gigabeam.com |
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