GigaBeam Releases December 2008 Letter to Shareholders and Customers

End of Year Recap of Accomplishments, Update On Status, and Goals for 2009


DURHAM, N.C., Dec. 22, 2008 (GLOBE NEWSWIRE) -- GigaBeam Corporation (Pink Sheets:GGBM) has released a Letter to Shareholders on its year to date activities.

The letter in its entirety can be found at the following link:


                      http://tiny.cc/xcQdQ

If you have any difficulty accessing this link please contact Ms. Marijke McCandless at marijke.mcandless@gigabeam.com or go to www.gigabeam.com

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

Safe Harbor Statement

This press release and letter attached contain 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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