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GigaBeam Announces Engagement of Trilogy Capital Partners to Spearhead Financial Marketing and Investor Relations Initiatives

Posted on: Friday, 13 July 2007, 18:05 CDT

GigaBeam Corporation (NASDAQ:GGBM), a global technology products company pioneering "wireless fiber optics" that transmit data at high-speeds equal to 1000 DSL lines, announced today that it has engaged leading financial marketing and investor relations firm Trilogy Capital Partners to drive investor community awareness in the worldwide equities markets for the Company's next generation wireless technologies and high-growth business model.

Trilogy's responsibilities under the agreement include daily contact with prospective investors and the brokerage community, dissemination of information to GigaBeam's current shareholders and presentations to the financial community.

"We are very pleased to welcome Trilogy and believe their extensive expertise and good standing in the investment community will be a driving force behind our mission to build long-term shareholder value," said Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam. "We firmly believe in Trilogy's ability to continue to grow our investor base and to provide our existing investors with the information they need to make sophisticated investment decisions."

GigaBeam co-founders Louis Slaughter and Douglas Lockie, were instrumental in effecting legislation to open up the 71-76 GHz and 81-86 GHz wireless spectrum that WiFiber utilizes, representing 15% of the authorized spectrum available today and the largest amount of spectrum ever regulated by the FCC.

"GigaBeam is a truly unique investment opportunity that we believe will resonate strongly with both retail and institutional investors," said Ryon Harms, President of Trilogy Capital Partners. "We see no limit to GigaBeam's potential for growth and look forward to committing every resource to help them achieve their corporate mission."

Customers can purchase and install a GigaBeam link in a couple of hours and at typically one-tenth the cost of fiber in any developed area. When compared to paying monthly fees required to use existing fiber from an incumbent carrier, return on investment to the customer typically occurs within 2 to 3 quarters. Several cities and municipalities are currently expanding commitments to GigaBeam's technology based on testimonials that the economics of WiFiber solutions have proven superior to terrestrial fiber and other wireless alternatives.

About GigaBeam Corporation

GigaBeam's WiFiber® product ushers in a new era of communications by allowing customers to bypass the restrictive telecom oligopoly and connect directly to any city's fiber optics hub. The disruptive impact of an easily deployable, low cost alternative to fiber optics cables is difficult to overestimate, especially since WiFiber's point-to-point high-speed units transmit data via the highest approved radio frequency at speeds equal to 641 T1 lines or 1000 DSL lines.

Current GigaBeam partners and customers include Google, Verizon, ING, Sprint, The Department of Defense, as well as several cities and universities such as San Francisco and Boston University. The Company has implemented an aggressive commercialization strategy to expand into every major metropolitan area around the world.

GigaBeam's visionary management team is fully committed to augmenting current revenues through a well-established network of authorized dealers and resellers across North America, South America, Europe, Africa, the Middle East, India and Asia that have local expertise and established contacts. In short, GigaBeam offers a truly unique investment opportunity with truly market disruptive wireless technology, a pioneering management team and an established worldwide network dedicated to penetrating every major metropolitan market around the globe.

To learn more about GigaBeam's revolutionary wireless technology, please visit www.gigabeam.com/.

For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/gigabeam.

To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/gigabeam/quote.html.

To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/gigabeam/factsheet.html.

Safe Harbor Statement

Statements in this press release regarding GigaBeam's products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond GigaBeam's control and difficult to predict, and could cause actual results to differ materially from these anticipated, expressed or forecasted in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: limited capital resources and continue dependence of our operations on additional financing, limited operating history, difficulties in distinguishing GigaBeam's products and services, ability to manufacture and deploy GigaBeam's products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, availability of raw materials, subassemblies and components, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the telecommunications industry and the global economy, intense competition in the telecommunications equipment industry and resulting impact on pricing and general financial performance, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in GigaBeam's filings with the Securities and Exchange Commission.

Source: Business Wire

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