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Monday, 08/20/2007 4:25:08 PM

Monday, August 20, 2007 4:25:08 PM

Post# of 128
Anybody have any idea how much one of these systems cost?

Press Release Source: GigaBeam Corporation

GigaBeam Announces Further Penetration in European Market Following Contract for Deployment of Proprietary Wireless Broadband Technology in Czech Republic
Monday August 20, 4:01 pm ET
Deployment Further Validates Company's Commercialization Strategy to Expand Around the World

DURHAM, NC--(BUSINESS WIRE)--GigaBeam Corporation (NASDAQ:GGBM - News), deploying "wireless fiber optics" technology to economic centers across the globe, announced today that it has received a contract for deployment of a WiFiber® link from a direct sale to a new customer in the Czech Republic, opening up a new country and market.

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GigaBeam's WiFiber technology is similar to terrestrial fiber in terms of speed and reliability. WiFiber has a substantial advantage over terrestrial fiber because it can be rapidly deployed and costs significantly less to deploy than terrestrial fiber. Terrestrial fiber can take months to deploy and also require significant regulatory and environmental approvals prior to installation.

"Emerging economies such as the Czech Republic where wireless infrastructures are not as developed represent an ideal market for GigaBeam products that provide individuals and business with easily deployable broadband Internet access," said Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam. "We look forward to expanding our footprint in the Czech Republic and developing new sales leads in the near future."

GigaBeam WiFiber products operate in the 71-76 GHz and 81-86 GHz upper millimeter wave spectrum bands. The Federal Communications Commission and the European Conference of Postal and Telecommunications Administrations (CEPT) and certain other countries for licensed wireless commercial use have authorized this portion of the spectrum.
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