Terabeam Announces Date for Release of Second Quarter 2007 Financial Results and Conference Call

  
    
  
  
    
      Terabeam, Inc. (NASDAQ:TRBM), a leader in core-to-client solutions for 
      broadband municipal wireless networks, today announced that it will 
      issue a news release regarding its second quarter 2007 financial results 
      on Monday, August 13, 2007 at approximately 4:00 P.M., Eastern Daylight 
      Time. Terabeam will then host a conference call to discuss the release, 
      financial results, and related developments at the company on that same 
      day, Monday, August 13, 2007, starting at 5:00 P.M., Eastern Daylight 
      Time. The discussion may include forward-looking information.
    
    
      To participate in this conference call, please dial 800-500-0177 (or 
      [phone] for international callers), confirmation code 4602302 
      for all callers, at least ten minutes before the starting time. The 
      conference call will also be broadcast live over the Internet. Investors 
      and others are invited to visit Terabeam’s 
      website at http://www.terabeam.com 
      to access this broadcast. Replays will be available telephonically for 
      approximately one week by dialing 888-203-1112 for domestic callers and 
      [phone] for international callers, confirmation code 4602302 for 
      all callers, and over the Internet for approximately 90 days at Terabeam’s 
      website at http://www.terabeam.com.
    
    
      About Terabeam
    
    
      Terabeam, Inc. is a leader in core-to-client solutions for broadband 
      municipal wireless networks. The company’s 
      business is conducted primarily through its Proxim Wireless Corporation 
      subsidiary. Our systems enable a variety of wireless applications 
      including security and surveillance systems, mobile workforce automation 
      and machine-to-machine communications. We have shipped more than 1.5 
      million wireless devices to more than 200,000 customers worldwide. 
      Additional information about the company can be found at the company’s 
      website located at www.terabeam.com 
      or by contacting the company by telephone at 408-731-2610 or by email at [e-mail].