Ricochet to Provide Wireless Connectivity to the Internet for Pride Fest Denver 2005

Ricochet Networks, Inc., a Denver-based leading Wireless
Internet Service Provider (WISP) and wholly owned subsidiary of
Terabeam Wireless (corporate name: YDI Wireless, Inc. - NASDAQ: YDIW),
today announced that it was chosen by The Center of Denver to provide
wireless Internet access for the Digital Entertainment Center and
technology showcase at Pride Fest Denver 2005. The annual Pride Fest
Denver festival, occurring this year on Sunday, June 26, 2005 from
9:00 a.m. until sunset, draws upwards of 170,000 attendees, making it
one of the Rocky Mountain region's largest events of its kind.
   The Digital Entertainment Center exhibit will feature innovative
laptop and digital entertainment technologies. Ricochet will provide
wireless connectivity to the Ricochet(R) Network to allow participants
the opportunity to experience a truly wire-free Internet experience,
via laptops, from the heart of Denver's Civic Center Park.
   Ricochet was contacted by The Center, the official sponsor and
organizer of Pride Fest Denver, to provide Internet access when
"wired" carriers could not deliver a connection to the festival's
outdoor location. The Center's Executive Director, Art Thompson,
stated "Ricochet's wireless modem presence combined with Internet
computer stations at Denver's Gay Pride Celebration enables
participants to interact with The Center and our new website. We will
be taking a real-time survey to help determine the needs of the
community and to determine direction on the development of our
programs." He ended by saying, "Without Ricochet's participation, this
project would be impossible."
   "This further demonstrates the enormous flexibility that the
Ricochet Network provides," stated Steve Schwendemann, Ricochet Senior
Vice President Expansion. "We are pleased and excited to bring a
wireless solution to this situation. If you get a chance to attend
this great event, please come by the Digital Entertainment Center or
our booth to learn more about Ricochet and what we can do to set you
free."

   About Ricochet Networks

   Ricochet Networks, Inc. is a subsidiary of Terabeam Wireless
(corporate name: YDI Wireless, Inc. - NASDAQ: YDIW). 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 216 square miles of portable
coverage, Ricochet is one of the largest, if not the largest, WISP
with a "mesh network" operating exclusively in a license-free
frequency. 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, including statements regarding Ricochet's business
outlook or expected service, coverage areas, connection speeds,
products, capabilities, performance, opportunities, or developments,
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 those relating to the effect of
competition; the effect of governmental regulation; Ricochet's
resource allocation, expansion, and partnering opportunities and
decisions from time to time; 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 geographic
and interference issues. More information about these and other
factors that could affect actual results is included on Ricochet's
website. Further information on factors that could affect Ricochet's
actual results is and will be included in filings made by Terabeam
Wireless, the business name of YDI Wireless, Inc., from time to time
with the Securities and Exchange Commission and in other public
statements of Ricochet and Terabeam Wireless.