TRBM Terabeam (MM)

Terabeam, Inc. (NASDAQ:TRBM), a global pioneer of end-to-end solutions in Wi-Fi� mesh, WiMAX, WLAN, wireless backhaul and millimeter wave, today announced its selection as one of the California Innovation Corridor�s 75 Innovation All-Stars. �We are proud to be selected as the only developer in California of WiMAX, Mesh, and millimeter wave products. Being chosen as an Innovation All-Star is a true testament to the innovation that Terabeam brings to these technologies,� said Robert Fitzgerald, Terabeam Chief Executive Officer. �We believe innovation and entrepreneurship are the drivers of economic growth in California,� added Mark Mosher, Executive Director for the California Commission for Jobs and Economic Growth � a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand jobs and economic growth in the state. �These Innovation All-Stars are models for our state.� Managed by the California Space Authority (CSA), and administered through the California Labor & Workforce Development Agency (LWDA), the California Innovation Corridor is one of the state�s initiatives to foster innovation and includes more than 60 partner organizations throughout 13 counties. It was Corridor partners that reviewed nearly 300 nominees before reducing the list of 75 Innovation All-Stars. Visit http://www.goldencapital.net/Events/OC_AllStarList.asp for a full roster of Innovation All-Star companies. About Terabeam Terabeam, Inc. has two primary subsidiaries Proxim Wireless Corporation and Ricochet Networks, Inc. Proxim Wireless Corporation is a global leader in providing WiMAX, Wi-Fi, and other broadband wireless solutions to meet the performance, scalability, and security requirements of enterprises, government, and service providers. Ricochet Networks, Inc. is a leading portable Wireless Internet Service Provider (WISP) with operational markets in Denver, Colorado and San Diego, California. Additional information about the company can be found at the company's website located at http://www.terabeam.com or by contacting the company by telephone at 413-584-1425 or by email at IR@terabeam.com.