To: Bucky Katt who wrote (27742 ) 1/11/2006 9:06:31 AM From: xcr600 Read Replies (1) | Respond to of 48461 sweet.. Terabeam Forecasts Profitability in Fourth Quarter 2005 Tuesday January 10, 4:16 pm ET SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 10, 2006--Terabeam, Inc. (NASDAQ:TRBM - News), a leading developer and supplier of broadband wireless solutions, today provided updated guidance for its expected financial results for the fourth quarter 2005. The company currently believes that revenue for the fourth quarter will be in the upper range of the previously-provided guidance of $23 to $27 million. In addition, the company currently believes that it will be both profitable on a net income basis and cash-flow positive for the fourth quarter 2005. The updated guidance contained in this press release is based on information currently available to the company and is subject to change based on the completion of the company's financial statements and the related audit of its year-end financial results. The company expects to release its fourth quarter and full year 2005 financial results in late February or early March 2006. About Terabeam Terabeam, Inc. has two primary subsidiaries Proxim Wireless Corporation and Ricochet Networks, Inc. Proxim Wireless Corporation is a global leader in providing Wi-Fi and other broadband wireless solutions to meet the performance, scalability, and security requirements of enterprises, government, and service providers. Ricochet Networks, Inc. is a leading portable Wireless Internet Service Provider (WISP) with operational markets in Denver and Aurora, Colorado and San Diego, California. Additional information about the company can be found at the company's website located at terabeam.com or by contacting the company by telephone at 413-584-1425 or by email at IR@terabeam.com.