FOR IMMEDIATE RELEASE

John LeMoncheck named President & CEO of SiBEAM, Inc.

Proven Industry Veteran to Propel SiBEAM Into Next Generation Wireless Leadership

SUNNYVALE, Calif. - Apr. 10, 2006 - SiBEAM, Inc., a developer of innovative gigabit wireless technology, today announced the appointment of John LeMoncheck as the company's new President and CEO. LeMoncheck's arrival advances SIBEAM's strategy, growth plan and future unveiling of breakthrough technology set to transform the wireless landscape.

LeMoncheck brings SiBEAM a wealth of expertise in the technology and consumer electronics industries and in forging industry-wide leadership for new-to-market innovations. Most recently, as Vice President of Consumer Electronics and PC/Display Products at Silicon Image (NASDAQ: SIMG), LeMoncheck maintained general management responsibility for Silicon Image's core business line, constituting in excess of $160M in annual revenue.

"By building upon the concepts of existing wireless technologies, SiBEAM has a tremendous opportunity and the clear vision to achieve gigabit-plus data rates in wireless required for the most demanding applications," said LeMoncheck. "This company is something truly unique, and I 'm both proud and excited to join SiBEAM 's world class team in this inspiring venture."

"I am delighted to have John join us at SiBEAM ", said Dr. Forest Baskett, current board member, and a general partner at New Enterprise Associates (NEA), investor in SiBEAM. "John 's tremendous experience with gigabit communications technology for applications including digital video, as well as his outstanding leadership, will be invaluable as we usher in new, high-speed wireless communication systems."

In addition to public company leadership, LeMoncheck brings distinguished startup leadership experience. He was vice president of software and systems engineering at TeraLogic , now the digital television division of Zoran (NASDAQ: ZRAN). Prior to joining TeraLogic, LeMoncheck was a member of the founding team at Arithmos, Inc. where he was vice president of engineering and that was successfully acquired by STMicroelectronics (NYSE: STM). LeMoncheck was also a member of technical staff at Synaptics (NASDAQ: SYNA) a leading developer of interface solutions for the mobile computing and entertainment industries. He has a bachelor's degree in electrical engineering from U.C. San Diego and spent several years researching VLSI for imaging and pattern recognition applications at Caltech.

About SiBEAM, Inc.
Founded in 2004, SiBEAM is a developer of semiconductor systems solutions for high-speed communications platforms. The company is developing new, intelligent wireless technologies and leveraging the latest manufacturing methods to meet demand for high-bandwidth services. Additional information on the company can be found at www.sibeam.com.


Contact: Lianne Caetano
Tel: 408/245.3120 x132
Email: lcaetano@sibeam.com