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Endwave Modules Used in First Commercial Deployment of a 70/80 GHz Gigabit Radio LinkSUNNYVALE, Calif., April 4 /PRNewswire-FirstCall/ -- Endwave Corporation , a leading provider of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the receipt of initial purchase orders from GigaBeam Corporation (BULLETIN BOARD: GGBM) . The first deliveries against these orders for Endwave synthesizers and frequency multipliers have been successfully qualified and installed into GigaBeam's WiFiber(TM) communication links, and subsequently deployed into the field. The first of these links is already in operation in downtown Manhattan to enable residents in the 49-story Trump Place to receive fiber-equivalent access, including quadruple-play services: high-speed data (wired and wireless), voice/video over IP, high-definition TV and video-on-demand services. This deployment represents the first commercial radio deployment in the world of a Gigabit speed link utilizing 70 and 80 GHz, commonly referred to as "E-Band". In late 2003, the Federal Communications Commission authorized use of the 71-76 GHz and 81-86 GHz bands for wireless point-to-point commercial use after lobbying by Endwave and GigaBeam founders. E-Band radio links offer a compelling alternative to terrestrial fiber optic cable in a variety of potential commercial, military, and government end-use applications. These include ubiquitous high-speed networks for business and campus environments; Virtual Private Networks (VPNs); Carrier loop diversity and disaster recovery from a central office to large office buildings, as well as cable operators (MSOs) routing commercial Ethernet to extend coverage out to large building complexes; high-data rate backhaul for cellular, WiMax, and WISP (wireless internet service provider) operators; HDTV signal routing; and other fiber substitution applications. The advantages of wireless E-Band links versus wired fiber-optic solutions include substantially lower deployments costs, deployment speeds that are measured in days (rather than months, or even a year for fiber), and eased regulatory and environmental approvals. Ed Keible, President and CEO of Endwave stated, "We are very proud to participate in GigaBeam's achievement of this historic milestone. As these high millimeter-wave frequencies demand innovative technology solutions and the precision and repeatability of automated manufacturing, Endwave's expertise in both makes us uniquely positioned to serve as the leading subsystem supplier to E-Band radio OEMs." Louis Slaughter, Chairman and CEO of GigaBeam added, "Endwave has a long history as one of the pioneers in the millimeter-wave industry. As new market applications of E-Band continue to unfold, we see Endwave as a valuable partner who has been instrumental in the commercialization of other high-frequency markets through their engineering and manufacturing leadership. It is particularly gratifying to us that Doug Lockie, the Founder of Endgate (which later became Endwave) and the Co-Founder of GigaBeam, has had such a profound influence on two companies that have collaborated on this first commercial E-Band deployment." About Endwave Endwave Corporation designs, manufactures, and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems. Our RF modules are typically used in high-frequency applications and include integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays. Endwave has 38 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in Sunnyvale, CA, with operations in Diamond Springs, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the company can be accessed from the company's web site at http://www.endwave.com/ . About GigaBeam GigaBeam Corporation designs, develops, sells, leases, installs, and maintains high performance wireless point to point communications access solutions that operate in the licensed 71-76 GHz and 81-86 GHz radio spectrum bands. GigaBeam equipment operates at multi gigabit-per-second speeds. GigaBeam Corporation headquarters office is located at 470 Springpark Place, Suite 900, Herndon VA 20170. For more information, visit http://www.gigabeam.com/ . "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Federal securities laws and is subject to the safe harbor created thereby. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "plans," "intends," "expects" and similar expressions are intended to identify these forward-looking statements. These statements include, but are not limited to, statements regarding product development and the timing thereof. Information contained in forward-looking statements is based on current expectations and is subject to change. Actual results could differ materially from the forward-looking statements due to many factors, including the following: our ability to achieve and maintain profitability; our customer and market concentration; our ability to penetrate new markets; fluctuations in our operating results from quarter to quarter; our reliance on third-party manufacturers and semiconductor foundries; acquiring businesses and integrating them with our own; component, design or manufacturing defects in our products; and our dependence on key personnel. Forward-looking statements contained in this press release should be considered in light of these factors and those factors discussed from time to time in Endwave's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors" in Endwave's most recent report on Form 10-K and subsequently filed reports on Form 10-Q. Endwave does not undertake any obligation to update such forward-looking statements. Endwave Corporation CONTACT: Mark Hebeisen of Endwave Corporation, VP Marketing,+1-978-686-4400, ext 105; Lou Slaughter of GigaBeam Corporation,+1-571-283-6200, [email protected]; Andrea Strittmatter of EliteFinancial Communications Group for Endwave Corporation, +1-407-585-1080,[email protected] Web site: http://www.endwave.com/http://www.gigabeam.com/ |