GIGABEAM ANNOUNCES NEW CORPORATE HEADQUARTERS IN SUNNYVALE CALIFORNIA

FOR IMMEDIATE RELEASE
Sunnyvale, California, United States of America (Free-Press-Release.com) May 10, 2011 --

GigaBeam Acquisition Corporation, a global leader in broadband wireless solutions, announced today that it has opened its new Corporate Headquarters in Sunnyvale California. This move is a component of the company’s general strategy to centralize engineering and manufacturing resources, reduce costs and improve the overall efficiency of the operation. Over the past three years, GigaBeam has expanded its product offering to meet the requests of its customers, expanded its market footprint into key strategic geographic regions and reduced its operating costs to make the firm the most robust in the ultra broadband wireless sector and to preempt the difficulties of the economic downturn.

“We are pleased to finally be operating under one roof and to realize the benefits of having our team collocated for the first time,” said S. Jay Lawrence, CEO of GigaBeam. “About three years ago we set out on a mission to be a strong, resilient and well organized firm, this move is a key milestone on this path.”

The new address, which can also be found on the company website (www.gigabeam.com) is:

GigaBeam Acquisition Corporation
Fair Oaks Business Park
520 E. Weddell Drive, Suite #9
Sunnyvale, CA 94089

About GigaBeam: GigaBeam is the most accomplished business with fixed wireless millimeter wave radios to date. GigaBeam’s product portfolio ranges from broadband wireless access to Metro Ethernet Core ultra broadband solutions. The Company’s roadmap includes products with payloads greater than 10 Gb/s, lower latency and material cost reductions and feature options. GigaBeam’s market focus is on forming true customer partnerships to ensure needs are met and as such can offer either complete turnkey True Private Networks™ or ala carte solutions. With solutions deployed in over 20 countries world wide, GigaBeam’s users include large enterprises such as Google, Fidelity, the DoD, NASA, municipalities, universities, medical centers, financial institutions, various international departments/ministries of defense, and other government agencies globally. GigaBeam has been tested by and approved for use by many regulatory bodies and test labs including the FCC, NTIA, US Army, CE, UL and ETSI to name a few. Learn more by visiting us online at www.gigabeam.com.


Media Contact:
Marijke McCandless
mmccandless@gigabeam.com

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