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GigaBeam WiFiber® to be
Deployed in Boston WiFi Pilot by MetroNext
Other Topics: WiMAX ISP,
Self Installable WiMAX CPE,
WiMAX Global Trends,
WiMAX Network Design,
MMOG Billing
GigaBeam Corporation
October 17, 2006
Herndon, VA -- GigaBeam Corporation (NASDAQ:GGBM) announced today that
its WiFiber® wireless fiber links, to be provided by MetroNext Inc.,
will be the backhaul for the City of
Boston’s WiFi pilot project in Roxbury’s Grove Hall and Dudley Station
neighborhoods of Boston. As
described in the attached City of Boston press release, Boston is taking
the first steps in implementing
the recommendations of its Wireless Task Force. The Task Force
recommended setting up a city
wide wholesale non-profit organization to sell WiFi access to any retail
entity, and the retailers will
provide access to consumers and businesses in Boston. MetroNext Inc. is
a “next generation”
metropolitan network service provider offering high capacity services
for voice, video, data and
Internet access. |
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The City of Boston press
release said, “MetroNext will provide the network’s Internet backhaul
connection; GigaBeam Corp. will provide ultra high-speed radio equipment
to facilitate the transmittal
of the Internet backhaul.”
Tom Wetmore, MetroNext’s founder, said, “We are enthusiastic about the
opportunity to provide the
City of Boston with fiber speed communications services critical to
meeting its laudable objectives.”
Mr. Wetmore added, “The Grove Hall and Dudley Square neighborhood pilot
gives all of us the
opportunity to demonstrate that we can provide underserved metro area
residents and businesses in
Boston and throughout the United States with vital high-speed
communications services at affordable
prices.”
Lou Slaughter, GigaBeam’s Chairman and CEO, stated, “We are thrilled to
be working with MetroNext
and the Boston Wireless Initiative in the Grove Hall and Dudley Square
area of Boston. This pilot
project is a perfect venue to demonstrate the benefits of our 1 Gbps
WiFiber product and its
advantages to Boston and other cities developing similar WiFi networks.
The very high data rate of
WiFiber is ideal for the backhaul requirements of the network, including
the inevitable peak loadings of
WiFi networks supporting many users. We anticipate there will also be
additional bandwidth capacity
on our links to support other City applications such as administrative,
security, video monitoring, large
file transfer and storage. We expect this pilot to demonstrate how our
WiFiber, with its fiber
equivalent capacity, is critical to the deployment of efficient and
effective city wide WiFi networks.”
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 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 MetroNext, Inc.
MetroNext, Inc. is a “next generation” metropolitan network service
provider offering high capacity
services for voice, video, data and Internet transport and access at one
Gigabit per second and
beyond. MetroNext’s backbone completely bypasses local land-line
networks. Medium to large scale
users—including governments, enterprises, and other carriers—now have
their first true network
service alternative for primary and back-up communications, as well as
disaster recovery. MetroNext
high-speed carrier-class Ethernet-based communications services are less
costly, just as reliable, and
more flexible than current competitive offerings utilizing advanced
wireless technology from
GigaBeam and MetroNext’s fault tolerant deployment architecture. The
equipment and network
designs being deployed by MetroNext in the Northeast have already been
successfully implemented
throughout the US and around the world. For more information, visit www.metronext.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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