SOURCE: NextPhase Wireless

August 16, 2007 10:02 ET

NextPhase Wireless Teams With GigaBeam Corporation

NextPhase to Integrate GigaBeam's WiFiber® Into Its Expanding National Wireless Network

ANAHEIM, CA and DURHAM, NC--(Marketwire - August 16, 2007) - NextPhase Wireless, Inc. (OTCBB: NXPW), a next-generation wireless connectivity solutions provider specializing in integrated Internet, voice and data communication, and GigaBeam Corporation (NASDAQ: GGBM), a company engaged in deploying market disruptive "wireless fiber optics" (WiFiber®) technology to economic centers across the globe, today jointly announced that the Companies will collaborate on the integration of GigaBeam's novel WiFiber wireless technologies into NextPhase's expanding national wireless network and products and solutions platform.

"Operating in the 71-76 GHz and 81-86 GHz radio spectrum bands, GigaBeam's innovative technology provides the bandwidth, low latency, reliability and service levels normally associated with terrestrial fiber, yet delivers all of the benefits of wireless technologies, including faster deployment, significantly lower cost of ownership and scalability," stated Robert Ford, Chief Executive Officer of NextPhase. "While traditional carriers have long offered high-capacity circuits capable of powering applications including VoIP, video security and surveillance, and Software as a Service (SaaS), with wireless technologies such as WiFiber, NextPhase is uniquely empowered to quickly and efficiently enable these wireless connectivity services for the more than 135,000 businesses within our existing wireless footprint."

Continuing, Ford noted, "Given that we share the same vision and expectations for the future of wireless, we're very excited about our new relationship with GigaBeam and expect that, together, we can successfully leverage and complement one another's respective strengths and technological expertise to achieve much greater market penetration for our companies. Further, we look forward to partnering with GigaBeam to pursue and win several large deployment projects currently being pursued."

Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam, added, "Considering that NextPhase's growth strategy is centered on building a national wireless network serving primarily those markets who are either underserved or overlooked by the larger wireless carriers, WiFiber provides the ideal solution for supporting and accelerating NextPhase's exciting expansion plans. We, too, are very pleased to be teaming with NextPhase and are confident that we will enjoy a long and fast-evolving business relationship."

About GigaBeam Corporation

GigaBeam's WiFiber® product ushers in a new era of communications by allowing customers to bypass the restrictive telecom oligopoly and connect directly to any city's fiber optics hub or Point-of-Presence (POP). The disruptive impact of an easily deployable, low cost alternative to fiber optics cables is difficult to overestimate, especially since WiFiber's point-to-point high-speed units transmit data via the highest approved radio frequency at speeds equal to 641 T1 lines or 1000 DSL lines.

Current GigaBeam partners and customers include Google, Verizon, ING, Sprint, and the Department of Defense, as well as several cities and universities including San Francisco and Boston University. The Company has implemented strategy to expand into major metropolitan areas around the world.

GigaBeam's management team, which pioneered rule making in the 70GHz and 80GHz spectrum, is fully committed to augmenting current revenues through a network of authorized dealers and resellers across North America, South America, Europe, Africa, the Middle East, India and Asia that have local expertise and established contacts. GigaBeam is a company with market disruptive wireless technology, a pioneering management team and a worldwide network dedicated to penetrating major metropolitan markets around the globe. To learn more about GigaBeam's revolutionary wireless technology, please visit www.gigabeam.com/. For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/gigabeam. To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/gigabeam/quote.html. To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/gigabeam/factsheet.html.

About NextPhase Wireless, Inc.

With a mission to build a device-agnostic wireless broadband connectivity/content delivery platform serving all 48 contiguous U.S. states, NextPhase Wireless, Inc. is focused on delivering integrated Internet, voice, video and managed services to its fast growing customer and client base which currently numbers more than 10,000. Engaged in designing, deploying and operating its own WiMAX-ready wireless networks and providing advanced wireless technology solutions to both businesses and municipalities, the Company is currently providing wireless coverage in California and Nevada and Internet Service Provider (ISP) coverage in 19 states throughout the country. For more information, please visit http://www.npwireless.com and http://www.speedfactory.com.

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • GIGABEAM CORPORATION
    FINANCIAL COMMUNICATIONS
    Trilogy Capital Partners
    Ryon Harms
    800-592-6067
    email: ryon@trilogy-capital.com

    NEXTPHASE WIRELESS, INC.
    FOR INVESTOR & MEDIA RELATIONS, PLEASE CONTACT:
    Elite Financial Communications Group, LLC
    Dodi Handy
    President and CEO
    or
    Daniel Conway
    Chief Strategist
    407-585-1080
    email: NXPW@efcg.net