GigaBeam Signs Distributor Agreement With Selcoms in the UK and Receives Two Initial...

GigaBeam Signs Distributor Agreement With Selcoms in the UK and Receives Two
Initial Purchase Orders

GigaBeam Corporation (Pink Sheets:GGBM), announces that it has entered into a
Distributor Agreement with Selcoms, a leading specialist wireless networking
distributor with a commitment to solutions based on cutting-edge wireless
technologies. Selcoms has distinguished itself in understanding the market and
applications and in finding market leading wireless technologies that are
innovative and well positioned to excel in their chosen technology space.
GigaBeam has received two initial purchase orders already from Selcoms.

"We believe our agreement with Selcoms will establish an expanded customer base
in the UK and Europe for GigaBeam's fixed wireless solutions. GigaBeam is proud
to complement Selcoms' best of class product portfolio," says S. Jay Lawrence,
Chief Executive Officer of GigaBeam.

Selcoms will be exhibiting at the "Wireless '08, Putting Wireless to Work" event
May 21 to May 22, 2008, Olympia London. For more information:
http://www.thewirelessevent.com/

About GigaBeam Corporation

GigaBeam is a provider of fixed wireless communication equipment and is the
market and technology leader in the upper millimeter wave communication bands
from 71GHz to 86GHz. GigaBeam's products utilize spectrum that is immune to
interference or interception, can be very densely deployed, and have inexpensive
licensing to offer users protection. GigaBeam's product portfolio currently has
products at 100Mbps (Fast Ethernet) and 1,000Mbps (Gigabit Ethernet) and coming
soon will be an expanded portfolio of products from 10Mbps to 10,000Mbps. These
products are point-to-point, line-of-sight and can offer ultra broadband
high-speeds for core network applications and lower speed and economical
edge/access offerings. GigaBeam products have been deployed in over 20 countries
worldwide. Current GigaBeam users include many enterprise customers and cities
globally, universities, banks, The Department of Defense, and multiple other
international government agencies. To learn more about GigaBeam's revolutionary
wireless technology, please visit www.gigabeam.com.

The GigaBeam Corporation logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4813

About Selcoms

Selcoms has quickly become recognised as a leading specialist wireless
networking distributor serving the communications markets. With a philosophy of
Simple Communications at the heart of our business, we offer expert support and
vast experience to our channel of resellers, integrators, ISPs and solution
partners, and are an established leader in standards-based adoption of Point to
Point, Point to Multi-point, indoor and outdoor mobility solutions and other
wireless technologies. The products at the heart of our solutions are among the
best in the world - proven technology from global market leaders.

Selcoms has representation, stock holding and distribution agreements across two
continents. This, coupled with our experience, vision and commitment to
solutions based on cutting-edge wireless networking technologies, means we are
perfectly positioned to deliver wireless and wireless-centric networking systems
capable of meeting the demands and requirements of service providers, carriers
and Enterprise business needs.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and
uncertainties. You should not place undue reliance on these forward-looking
statements. Our actual results could differ materially from those anticipated in
the forward-looking statements for many reasons, including the risks described
in our annual report on Form 10-K and other reports we file with the Securities
and Exchange Commission. Although we believe the expectations reflected in the
forward-looking statements are reasonable, they relate only to events as of the
date on which the statements are made. We do not intend to update any of the
forward-looking statements after the date of this press release to conform these
statements to actual results or to changes in our expectations, except as
required by law.

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CONTACT: GigaBeam Corporation
Marijke McCandless, Director of Communications
(919) 599-6210