FOR IMMEDIATE RELEASE

January 8, 2008

JAB WIRELESS SECURES FINANCING

JAB Wireless has secured $15 million in senior debt financing from Hercules Technology Growth Capital, Inc., it was announced today.   The Company plans to use the funds to finance acquisitions aimed at increasing its subscriber base.

RBC Daniels, L.P. acted as exclusive financial advisor to Jab Wireless in the transaction.

About Jab

JAB Wireless, Inc. is a leading fixed wireless broadband service provider. The Company provides high-speed Internet access services to both the residential and small-to-medium enterprise (SME) markets in Colorado and Utah.

About RBC Daniels

RBC Daniels is a leader in financial services to the cable, telecommunications, media and technology industries worldwide. The company assists clients with mergers & acquisitions, public and private equity & debt financings and financial advisory engagements. RBC Daniels is a subsidiary of RBC Capital Markets Corporation. RBC Daniels is a member of FINRA and SIPC. For information, visit www.rbcdaniels.com.

For more information, please contact:

Bill Fowler, RBC Daniels, 303-778-5555, bill.fowler@rbcdaniels.com