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SiBeam: The Company



SiBEAM 60GHz Chips Honored as CES Best Enabling Technology

Company Recognized in Both Enabling Technology Category and Named CES Innovations
Design and Engineering Honoree

SUNNYVALE, California – November 14, 2007 - SiBEAM, Inc., a leading innovator of millimeter wave (mmWave) solutions and developer of high-speed wireless communications platforms, today announced that it has received the “Best of Innovations” award in the enabling technologies category at the International Consumer Electronics Show (CES) Innovations Design and Engineering Awards for their millimeter wave semiconductor solutions. They have also been named as a CES Innovations Design and Engineering Honoree. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, engineers and members of the trade press to recognize consumer electronic products that exhibit excellence in form and function.

SiBEAM’ s 60GHz Semiconductor Solutions with OmniLink60™ Technology represent the first application of SiBEAM’s millimeter wave technology and are capable of streaming uncompressed high definition video, audio and data.  As a founding member of the WirelesHD™ Consortium that includes several worldwide leaders in consumer electronics, SiBEAM will base their first products on the WirelessHD industry specification. SIBEAM’s semiconductor systems provide the first option to deliver true uncompressed wireless high definition audio, video and data at an unprecedented 4 Gbps at 10 meters. SiBEAM's advanced wireless technology solutions are designed for consumer electronics manufacturers, PC manufacturers, network infrastructure providers and others to incorporate into their next generation product lines for wireless communications. 

“We are honored to receive this prestigious recognition for our 60GHz semiconductor solutions and believe it validates our technology and the opportunity for widespread adoption of WirelessHD based products,” said John LeMoncheck, President and CEO of SiBEAM, Inc.  “SiBEAM is committed to offering the most innovative and best price-to-performance high definition video, audio and data communications products on the market, and we are excited that an ever growing number of companies are embracing the technology.”

Recognized for their innovative technology, SiBEAM products will be displayed at the 2008 International Consumer Electronics Show in Las Vegas, which runs January 7 – 10, 2008.The Innovations Design and Engineering Showcase will feature honorees by product category at Innovations Plus at the Sands Expo and Convention Center, Booth #70621. Best of Innovations honoree products will also displayed at the Grand Lobby of Las Vegas Convention Center.

About SiBEAM, Inc.

Founded in 2004, SiBEAM is a fabless semiconductor company developing intelligent millimeter wave technologies and leveraging the latest manufacturing methods to meet the demand for high-bandwidth services. SiBEAM is the first to build 60 GHz semiconductors using CMOS technology. SiBEAM is a founding member of the WirelessHD™ special interest group and intends to support delivery of the first wireless high definition digital interface for A/V networks, the first of many applications for SiBEAM's innovative technology. For more information please visit: www.sibeam.com.

SiBEAM Media Contacts:

Pamela Njissang for SiBEAM, Inc.

415-397-7600, pnjissang@stearnsjohnson.com

Lianne Caetano

SiBEAM, Inc.

Tel: 408/245.3120 x132,

Email: lcaetano@sibeam.com