Terabeam (NASDAQ:TRBM)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Terabeam Charts. Click Here for more Terabeam Charts.](/p.php?pid=staticchart&s=N%5ETRBM&p=8&t=15)
Terabeam, Inc. (NASDAQ:TRBM), a leading developer and supplier of
broadband wireless solutions, today announced that it ranked 390th
on Deloitte’s 2006 Technology Fast 500, a
ranking of the 500 fastest growing technology, media,
telecommunications, and life sciences companies in North America.
Rankings are based on percentage revenue growth over five years, from
2001-2005. Terabeam grew 312 percent during this period.
Terabeam’s CEO, Robert Fitzgerald, credits
growth in the markets in which Terabeam operates, as well as organic
growth and growth from strategic acquisitions, for the company’s
312 percent revenue growth over the past five years. He said, “Our
ranking in the Deloitte Fast 500 underscores the growth that has made us
both a leader in the wireless markets we serve and a long-term partner
for municipalities, service providers, and enterprises seeking solutions
for fixed and mobile wireless applications. We are proud to receive this
recognition for our strong consistent performance and remain committed
to our customers’ continued success.”
“Making Deloitte’s
Fast 500 is commendable in today’s highly
competitive technology industry,” said Tony
Kern, deputy managing principal of Deloitte’s
Technology, Media & Telecommunications industry practice. “We
congratulate Terabeam on being one of the 500 fastest growing technology
companies in America.”
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media,
telecommunications and life sciences companies in North America. It is
compiled from Deloitte’s 16 regional North
American Fast 50 programs, nominations submitted directly to the Fast
500, and public company database research. Companies are selected based
on percentage revenue growth from 2001-2005.
Entrants must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company’s
operating revenues or devote a significant proportion of revenues to
research and development of technology. Using other companies’
technology or intellectual property in a unique way does not qualify.
Base-year operating revenues must be at least $50,000 USD or $75,000 CD,
and current-year operating revenues must be at least $5 million USD or
CD. Companies must be in a business a minimum of five years, and they
must be headquartered in North America.
About Terabeam
Terabeam, Inc. has two primary subsidiaries Proxim Wireless Corporation
and Ricochet Networks, Inc. Proxim Wireless Corporation is a global
leader in providing mesh, 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.
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. Terabeam’s
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 those relating to and arising from the ongoing
uncertainty in the telecommunications industry and larger economy; the
intense competition in our industries and resulting impacts on our
pricing, gross margins, and general financial performance; difficulties
or delays in developing and supplying new products with the contemplated
or desired features, performance, compliances, certifications, cost,
price, and other characteristics and at the times and in the quantities
contemplated or desired; the difficulties in predicting Terabeam’s
future financial performance; and the impacts and effects of any
strategic transactions Terabeam may evaluate or consummate. Further
information on these and other factors that could affect Terabeam’s
actual results is and will be included in filings made by Terabeam from
time to time with the Securities and Exchange Commission and in its
other public statements.
Terabeam, Inc. (NASDAQ:TRBM), a leading developer and supplier of
broadband wireless solutions, today announced that it ranked 390th on
Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest
growing technology, media, telecommunications, and life sciences
companies in North America. Rankings are based on percentage revenue
growth over five years, from 2001-2005. Terabeam grew 312 percent
during this period.
Terabeam's CEO, Robert Fitzgerald, credits growth in the markets
in which Terabeam operates, as well as organic growth and growth from
strategic acquisitions, for the company's 312 percent revenue growth
over the past five years. He said, "Our ranking in the Deloitte Fast
500 underscores the growth that has made us both a leader in the
wireless markets we serve and a long-term partner for municipalities,
service providers, and enterprises seeking solutions for fixed and
mobile wireless applications. We are proud to receive this recognition
for our strong consistent performance and remain committed to our
customers' continued success."
"Making Deloitte's Fast 500 is commendable in today's highly
competitive technology industry," said Tony Kern, deputy managing
principal of Deloitte's Technology, Media & Telecommunications
industry practice. "We congratulate Terabeam on being one of the 500
fastest growing technology companies in America."
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media,
telecommunications and life sciences companies in North America. It is
compiled from Deloitte's 16 regional North American Fast 50 programs,
nominations submitted directly to the Fast 500, and public company
database research. Companies are selected based on percentage revenue
growth from 2001-2005.
Entrants must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company's
operating revenues or devote a significant proportion of revenues to
research and development of technology. Using other companies'
technology or intellectual property in a unique way does not qualify.
Base-year operating revenues must be at least $50,000 USD or $75,000
CD, and current-year operating revenues must be at least $5 million
USD or CD. Companies must be in a business a minimum of five years,
and they must be headquartered in North America.
About Terabeam
Terabeam, Inc. has two primary subsidiaries Proxim Wireless
Corporation and Ricochet Networks, Inc. Proxim Wireless Corporation is
a global leader in providing mesh, 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.
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. Terabeam's 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
those relating to and arising from the ongoing uncertainty in the
telecommunications industry and larger economy; the intense
competition in our industries and resulting impacts on our pricing,
gross margins, and general financial performance; difficulties or
delays in developing and supplying new products with the contemplated
or desired features, performance, compliances, certifications, cost,
price, and other characteristics and at the times and in the
quantities contemplated or desired; the difficulties in predicting
Terabeam's future financial performance; and the impacts and effects
of any strategic transactions Terabeam may evaluate or consummate.
Further information on these and other factors that could affect
Terabeam's actual results is and will be included in filings made by
Terabeam from time to time with the Securities and Exchange Commission
and in its other public statements.