Denver Blizzards Take Their Toll but Not On Ricochet(R) Wireless Network

  
    
  
  
    
      Ricochet Networks, Inc., a wireless Internet service provider (WISP) 
      headquartered in Denver, Colorado and wholly owned subsidiary of 
      Terabeam, Inc. (NASDAQ: TRBM), today announced that its portable 
      wireless mesh network serving Denver’s greater 
      metropolitan area remained unaffected when blizzards buried the city in 
      snow, closing Denver International Airport, schools, offices, and stores 
      during the height of the recent holiday season.
    
    
      The Ricochet® network, which has been 
      operating since 2002 in both the Denver and San Diego metropolitan 
      areas, serves more than 9,000 municipal, residential, and business 
      subscribers and covers over 500 square miles. The network is a patented 
      Micro Cellular Data Network providing high speed, wire-free Internet 
      access that is affordable, easy-to-access, and simple to use. Plans 
      start as low as $24.99 per month for basic Internet access and $27.99 
      per month including email and web hosting.
    
    
      “We are extremely proud of our ability to 
      serve our subscribers without any network downtime during the recent 
      severe weather. Our robust network infrastructure ensured that our 
      Denver network stayed up-and-running even in the extreme weather 
      conditions,” said Judi Evans, President of 
      Ricochet Networks. “Due to our carrier-grade 
      mesh architecture, we encountered no operational issues, and we passed 
      30% more traffic across the network we believe due to the volume of 
      users who relied on us as their single method of communication during 
      the storms.”
    
    
      About Ricochet Networks
    
    
      Ricochet Networks, Inc. is a subsidiary of Terabeam, Inc. (NASDAQ: 
      TRBM). Ricochet is a leading portable Wireless Internet Service Provider 
      (WISP) with operational markets in Denver, Colorado and San Diego, 
      California. With a large customer base and over 500 square miles of 
      portable coverage, Ricochet is one of the largest, if not the largest, 
      WISP with a wireless mesh network operating exclusively in license-free 
      frequencies. The Ricochet® technology 
      provides a robust, fast, simple, and secure wireless Internet solution 
      for both government and consumer use. Additional information about 
      Ricochet Networks as well as coverage maps and specific services offered 
      can be found at http://www.ricochet.com 
      or by contacting the company by telephone at 303-572-1200 or by email at [e-mail].
    
    
      Safe Harbor Statement
    
    
      Statements in this press release that are not statements of historical 
      facts are forward-looking statements that involve risks, uncertainties, 
      and assumptions. Actual results may differ materially from the results 
      anticipated in these forward-looking statements. The forward-looking 
      statements involve risks and uncertainties that could contribute to such 
      differences including technological issues relating to the Ricochet 
      network; policies and controls implemented by Ricochet from time to 
      time; and factors beyond Ricochet’s control 
      such as weather, geographic, and interference issues. Further 
      information on these and other factors that could affect actual results 
      is and will be included in filings made by Terabeam from time to time 
      with the Securities and Exchange Commission and in our other public 
      statements.