Adaptive Broadband to Web Cast AEA Classic Financial Conference Presentation; Presentation Scheduled for November 6, 2000 at 11:00 a.m. PT.

Business Editors/High-Tech Writers

AEA Classic 2000

SUNNYVALE, Calif.--(BUSINESS WIRE)

ADAPTIVE BROADBAND CORPORATION (Nasdaq:ADAP) announced today that in view of the new SEC Regulation FD (Fair Disclosure) it will broadcast live over the Web the audio portion, as well as slides, of the company's presentation at the AEA Classic Financial Conference held Nov. 6, 2000 at 11:00 a.m. PT in San Diego.

Accessibility to the to the presentation will be available on both the company's Web site, www.adaptivebroadband.com, and on the Web site, www.investorconference.com. Both links will allow investors to access the presentation for one week.

About AB-Access

The AB-Access fixed wireless broadband platform bridges the last mile, replacing the local loop for corporate and small business subscribers. Combining a leading packet-on-demand technology and time division duplexing, it offers data transmission at rates up to 25 Mbps -- providing the capability for voice, real-time video conferencing, transmission of full streaming video, web surfing, and transmission of data files -- all simultaneously and over one connection.

About Adaptive Broadband

Adaptive Broadband (www.adaptivebroadband.com) is a data networking solutions company that is developing leading-edge technology for the deployment of broadband wireless communication over the Internet. Its AB-Access platform is a leading commercial choice for fixed broadband wireless communication. AB-Access technology spans the frequency range from 2 to 42 GHz. While the first releases for AB-Access are for applications using the 5 GHz U-NII (Unlicensed National Information Infrastructure), 2.5 GHz MMDS (Multi-channel, Multipoint Distribution Service) and 3.5 GHz (International WLL) products are also available. Additionally, Adaptive Broadband recently announced an LMDS (Local Multipoint Distribution Service) version of AB-Access. Currently being deployed at the ultra-high speed of 25 Mbps, both transmitting and receiving, product capacity is planned to increase in 2001, as requested by customers. Currently positioned as a fixed offering, portable versions of AB-Access are planned to coincide with the expanded roll-outs of wireless broadband services in 2001.

The foregoing includes forward-looking statements, such as Adaptive Broadband's potential success in product development, that involve risks and uncertainties. Actual events or results may differ materially from those suggested by the forward-looking statement. Factors that could cause actual events or results to differ materially include, but are not limited to, fluctuations in quarterly results, delays in receipt of orders or in the shipment of products, delays in the development of data communications and Internet markets and delays in product enhancements. For a more detailed discussion of these and other factors, see "Risk Factors" contained in Adaptive Broadband's Annual Report on Form 10-K for the fiscal year ended June 30, 2000.