GigaBeam Wins LA Order

DURHAM, N.C. -- GigaBeam Corporation (NASDAQ:GGBM), deploying WiFiber® “wireless fiber optics” technology to economic centers across the globe, announced today that it has received an order for four WiFiber® links from a new strategic partner that is establishing a Metro Ethernet network in the City of Los Angeles that will leverage the Company’s next generation wireless broadband technology able to bypass the existing telecommunications infrastructure with fiber-like speed and reliability.

“I am excited to announce that GigaBeam is establishing a very important presence in Los Angeles, the second largest metro market in the nation,” said Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam. “We believe that this new order provides a clear example of how GigaBeam can help other companies grow their own footprint in the burgeoning market for wireless broadband networks.”

GigaBeam's WiFiber technology is similar to terrestrial fiber in terms of speed and reliability. WiFiber has a substantial advantage over terrestrial fiber because it can be rapidly deployed and costs significantly less to deploy than terrestrial fiber. Terrestrial fiber can take months to deploy and also require significant regulatory and environmental approvals prior to installation.

GigaBeam Corp. (OTC: GGBM)