Denver Blizzards Take Their Toll but Not On Ricochet(R) Wireless Network.Metropolitan Mesh Network Stays "Up and Running" During Mother Nature's Wrath DENVER -- Ricochet A wireless Internet service from Ricochet Networks, Inc., Denver, CO (www.ricochet.net). Originally developed by Los Gatos, CA-based Metricom, Inc., Ricochet was the first high-speed, wireless Internet service for commuters. Networks, Inc., a wireless Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (WISP) headquartered in Denver, Colorado and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Terabeam, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TRBM TRBM Trawl Resistant Bottom Mount ), today announced that its portable wireless mesh network (1) A network that relies on all nodes to propagate signals. Although the wireless signal may start at some base station (access point) attached to a wired network, a wireless mesh network extends the transmission distance by relaying the signal from one computer to another. serving Denver's greater metropolitan area remained unaffected when blizzards buried the city in snow, closing Denver International Airport This article is about Denver International Airport. For other uses, see KDEN (disambiguation). Denver International Airport (IATA: DEN, ICAO: KDEN, FAA LID: DEN), often called DIA , schools, offices, and stores during the height of the recent holiday season. The Ricochet[R] network, which has been operating since 2002 in both the Denver and San Diego metropolitan areas, serves more than 9,000 municipal, residential, and business subscribers and covers over 500 square miles. The network is a patented Micro Cellular Data Network providing high speed, wire-free Internet access that is affordable, easy-to-access, and simple to use. Plans start as low as $24.99 per month for basic Internet access and $27.99 per month including email and web hosting. "We are extremely proud of our ability to serve our subscribers without any network downtime during the recent severe weather. Our robust network infrastructure ensured that our Denver network stayed up-and-running even in the extreme weather conditions," said Judi Evans, President of Ricochet Networks. "Due to our carrier-grade mesh architecture, we encountered no operational issues, and we passed 30% more traffic across the network we believe due to the volume of users who relied on us as their single method of communication during the storms." About Ricochet Networks Ricochet Networks, Inc. is a subsidiary of Terabeam, Inc. (NASDAQ: TRBM). Ricochet is a leading portable Wireless Internet Service Provider (WISP) with operational markets in Denver, Colorado and San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . With a large customer base and over 500 square miles of portable coverage, Ricochet is one of the largest, if not the largest, WISP with a wireless mesh network operating exclusively in license-free frequencies. The Ricochet[R] technology provides a robust, fast, simple, and secure wireless Internet solution for both government and consumer use. Additional information about Ricochet Networks as well as coverage maps and specific services offered can be found at http://www.ricochet.com or by contacting the company by telephone at 303-572-1200 or by email at info@ricochet.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Statements in this press release that are not statements of historical facts are forward-looking statements that involve risks, uncertainties, and assumptions. 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 technological issues relating to the Ricochet network; policies and controls implemented by Ricochet from time to time; and factors beyond Ricochet's control such as weather, geographic, and interference issues. Further information on these and other factors that could affect 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. |
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