Glocalnet and Proxim Launch Sweden's First Outdoor Wireless Network for Internet Access

Proxim Wireless Corporation, a global pioneer of end-to-end solutions in Wi-Fi® mesh, WiMAX, WLAN, and wireless backhaul and wholly owned subsidiary of Terabeam, Inc. (NASDAQ: TRBM), today announced that Swedish residential broadband provider Glocalnet, a subsidiary of Norway's Telenor, has selected and deployed Proxim's AP-4000MR access points to launch Sweden's first outdoor internet access network to the country's twenty-five largest towns by June 2007. The new service, GlocalZone, is free of charge for its 500,000 customers, while for non-subscribers prices will range from SEK19 (USD2.60) per hour to SEK99 for a full month.

GlocalZone involves the deployment of 500 Proxim AP-4000MR access points across Sweden's cities including Stockholm, Gothenburg, and Malmo. Proxim's seamless integration between AP4000 indoor and AP4000MR outdoor mesh access points will enable Glocalnet to extend its outdoor Wi-Fi networks indoors.

The weatherproof, rugged, outdoor housing of Proxim's AP-4000MR access points was one of the key factors in the selection process. "The Proxim kit is easy to deploy and rugged enough to withstand severe weather conditions. While we had a mild winter in Sweden, temperatures still fell below zero degrees Celsius, but the technology was not affected in any way by snow, ice, or other weather-related incidents," points out Mathias Tonnesson, Glocalnet Project Manager New Business, GlocalZone. "Proxim has so far really over-delivered for us. The company's outdoor mesh products have allowed us to embark on delivering Sweden's first real outdoor internet."

NoWire, a leading Nordic wireless distributor, played an instrumental role in the success of the project's initial trial, while Firstnet, specialists in building, deploying, and maintaining networks, continues to support, control, and manage Glocalnet's outdoor networks across Sweden.

"Working together with Firstnet and Glocalnet, we are delivering a robust, cost-effective, and scalable outdoor mesh network that provides Glocalnet's customers with internet access while outdoors and on the move. We are pleased that Glocalnet has chosen Proxim as a supplier for this ambitious development," said Lionel Chmilewsky, Senior Vice President, Proxim International.

About Proxim Wireless Corporation

Proxim Wireless Corporation is a wholly owned subsidiary of Terabeam, Inc. (NASDAQ: TRBM). Proxim Wireless is a global pioneer in developing and supplying scalable broadband wireless networking systems for enterprises, governments, and service providers. From Wi-Fi to wireless Gigabit Ethernet -- our WLAN, Wi-Fi Mesh, point-to-multipoint, and point-to-point products are available through our extensive global channel network, backed by world-class support. Proxim is a Principal Member of the WiMAX Forum and is ISO-9001 certified.

About Glocalnet

The telecom low cost rebel Glocalnet develops and markets a spectrum of telecoms services, including fixed-line and mobile telephony, but it is primarily known as one of Sweden's largest broadband suppliers. Glocalnet is Sweden's 3rd largest residential telco after Telia and Tele2 with a customer base of 500 000 and is fully owned by the Norwegian Telenor Group.

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Statements in this press release that are not statements of historical facts are forward-looking statements that involve risks, uncertainties, and assumptions. Our 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 delays or changes in or cancellation of planned or possible network expansions or equipment deployments and difficulties or delays in supplying products with the features, performance, compliances, certifications, cost, price, and other characteristics desired by customers. Further information on these and other factors that could affect our actual results is and will be included in filings made by Terabeam from time to time with the Securities and Exchange Commission and in our other public statements.

Contact Information: Geoff Smith VP, Marketing and Product Management Proxim Wireless 1 408 731-2790 Email Contact David L. Renauld Investor Relations Proxim Wireless 1 413 584-1425 Email Contact