Terabeam Wireless, the business name of YDI Wireless, Inc. (NASDAQ:YDIW), a leading developer and supplier of broadband wireless solutions, today announced that Len Gee has joined Terabeam Wireless as its Senior Vice President of Sales for its equipment business. Mr. Gee reports to Tom Bennett, the President and Chief Operating Officer of Terabeam Wireless. Mr. Gee brings 25 years of experience in the telecommunications industry focused on sales and marketing of manufactured products, networks and telecom/datacom solutions, and related services. He has key experience in sales of infrastructure equipment for cellular, telecom, carrier, and enterprise markets in both telephony and broadband, domestically as well as internationally. Most recently, Mr. Gee was Vice President - Government Sales for Alvarion Inc. He was Managing Director - Americas, Cellular Communications Infrastructure Sales for interWAVE Communications from July 2001 until Alvarion acquired interWAVE in December 2004. From 1997 to June 2001, he was Sector Vice President, Broadband Wireless Infrastructure Sales for Wireless, Inc., a company he helped co-found. Prior to that, he held sales and sales management positions at both Digital Microwave Corporation (now known as Stratex Networks Inc.) and NEC America. Mr. Gee stated, "I am as energized as ever after 25 years in this industry, because I believe Terabeam's acquisition strategy has resulted in the widest portfolio of broadband wireless networking products in the industry." Mr. Bennett stated, "We are excited to have Len join us because he has formidable experience in pursuing key vertical markets such as the federal government, carriers, and enterprises. We also expect Len's experience to be very helpful as we continue to expand our sales channels both domestically and internationally." Terabeam Wireless will be participating in WCA 2005 in Washington, D.C. from June 28, 2005 to July 1, 2005. Terabeam welcomes all interested parties to visit its Booth #404 at that show. In addition, Terabeam will be hosting a reception on June 29 at which Mr. Gee will be present to meet Terabeam's current and future customers. About Terabeam Wireless Terabeam Wireless is the business name of YDI Wireless, Inc. Terabeam Wireless is a world leader in providing extended range, license-free wireless data equipment and is a leading designer of turnkey long distance wireless systems ranging from 9600 bps to 1.42 Gbps for applications such as wireless Internet, wireless video, wireless LANs, wireless WANs, wireless MANs, and wireless virtual private networks. Additional information about Terabeam Wireless as well as its complete product line 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 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 Wireless' industries and resulting impacts on its pricing, gross margins, and general financial performance; difficulties in predicting Terabeam Wireless' future financial performance; difficulties or delays in expanding its customer base, sales channels, and revenue in general; difficulties or delays in developing and supplying new products with the contemplated or desired features, performance, cost, price, and other characteristics; and the impacts and effects of any strategic transactions we may evaluate or consummate. Further information on these and other factors that could affect Terabeam Wireless' actual results is and will be included in filings made by Terabeam Wireless from time to time with the Securities and Exchange Commission and in its other public statements.
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