Terabeam Wireless Announces Dates for Release of Third Quarter 2005 Financial Results and Conference Call

Terabeam Wireless, the business name of YDI Wireless,
Inc. (NASDAQ:YDIW), a leading developer and supplier of broadband
wireless solutions, today announced that it will issue a news release
regarding its third quarter 2005 financial results on Thursday,
November 3, 2005 after markets close. Terabeam Wireless will then host
a conference call to discuss the release, financial results,
developments at the company, and other matters of interest to
investors and others on that same day, November 3, 2005 starting at
5:00 p.m. Eastern Time. The discussion may include forward-looking
information.
   To participate in this conference call, please dial 800-946-0716
(or 719-457-2644 for international callers), confirmation code 7450401
for all callers, at least ten minutes before start time. The
conference call will also be broadcast live over the Internet.
Investors and others are invited to visit Terabeam Wireless' website
at http://www.terabeam.com/corporate to access this broadcast. Replays
will be available telephonically for approximately one week by dialing
888-203-1112 for domestic callers and 719-457-0820 for international
callers, confirmation code 7450401 for all callers, and over the
Internet for approximately 90 days at Terabeam Wireless' website at
http://www.terabeam.com/corporate.

   About Terabeam Wireless

   Terabeam Wireless is the business name of YDI Wireless, Inc.
Terabeam Wireless' subsidiary Proxim Wireless Corporation is a global
leader in providing Wi-Fi and other broadband wireless solutions to
meet the performance, scalability, and security requirements of
enterprises, government, and service providers. Terabeam Wireless'
subsidiary Ricochet Networks, Inc. is a leading portable Wireless
Internet Service Provider (WISP) with operational markets in Denver
and Aurora, Colorado and San Diego, California. Additional information
about Terabeam Wireless 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 that are not statements of
historical facts are forward-looking statements that involve risks,
uncertainties, and assumptions. Terabeam Wireless' 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 downturn and ongoing uncertainty in
the telecommunications industry and larger economy; the intense
competition in Terabeam's industries and resulting impacts on its
pricing, gross margins, and general financial performance;
difficulties in predicting Terabeam's future financial performance;
risks arising from and relating to Terabeam's recent 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.