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

FALLS CHURCH, Va.--Feb. 2, 20053, 2005--Terabeam Wireless, the business name of YDI Wireless, Inc. , a leading developer and supplier of broadband wireless solutions, today announced that it will issue a news release regarding its fourth quarter and year end 2004 financial results on Monday, February 28, 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 Tuesday, March 1, 2005 starting at 8:30 a.m. Eastern Time. The discussion may include forward-looking information.

To participate in this conference call, please dial 800-967-7134 (or 719-457-2625 for international callers), confirmation code 4121262 for all callers, at least five 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 4121262 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 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 413-665-8551 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; and difficulties in predicting Terabeam Wireless' future financial performance. 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.