Terabeam to Present at Susquehanna Financial Group Emerging Trends Conference

  
    
  
  
    
      Terabeam, Inc. (NASDAQ:TRBM), a leading developer and supplier of 
      broadband wireless solutions, today announced that Pankaj Manglik, 
      President and Chief Operating Officer, will be presenting at the 
      upcoming Susquehanna Financial Group Emerging Trends Conference at the 
      Peninsula Hotel in New York, New York on Wednesday, November 1, 2006 at 
      10:45 a.m. Eastern Time.
    
    
      Terabeam’s presentation will be webcast live, 
      and a replay will be available for approximately 90 days. The webcast 
      can be accessed from Terabeam’s website at http://www.terabeam.com.
    
    
      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 [e-mail].
    
    
      Safe Harbor Statement
    
    
      Statements in this press release and in Terabeam’s 
      presentation 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; time and 
      costs associated with developing and launching new products; uncertainty 
      about market acceptance of products we introduce; potential long sales 
      cycles for new products such that there may be extended periods of time 
      before new products contribute positively to our financial results; 
      time, costs, political considerations, typical multitude of 
      constituencies, and other factors involved in evaluating, equipping, 
      installing, and operating municipal networks; 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; litigation and other risks arising from 
      Terabeam’s acquisition of Proxim Corporation’s 
      operations, assets, and relationships; and the impacts and effects of 
      any other 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 Pankaj Manglik,
President and Chief Operating Officer, will be presenting at the
upcoming Susquehanna Financial Group Emerging Trends Conference at the
Peninsula Hotel in New York, New York on Wednesday, November 1, 2006
at 10:45 a.m. Eastern Time.

   Terabeam's presentation will be webcast live, and a replay will be
available for approximately 90 days. The webcast can be accessed from
Terabeam's website at http://www.terabeam.com.

   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 [e-mail].

   Safe Harbor Statement

   Statements in this press release and in Terabeam's presentation
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; time and costs associated with developing and launching
new products; uncertainty about market acceptance of products we
introduce; potential long sales cycles for new products such that
there may be extended periods of time before new products contribute
positively to our financial results; time, costs, political
considerations, typical multitude of constituencies, and other factors
involved in evaluating, equipping, installing, and operating municipal
networks; 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;
litigation and other risks arising from Terabeam's acquisition of
Proxim Corporation's operations, assets, and relationships; and the
impacts and effects of any other 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.