Covad Opens New Office in Las Vegas for NextWeb Wireless Division; NextWeb General Manager Graham Barnes Delivers Keynote Address on Future of Industry at Broadband Wireless World Conference

"With the establishment of this office, we position ourselves forsteady growth in a market outside our original footprint inCalifornia," said Graham Barnes, Covad senior vice president andgeneral manager of Covad's NextWeb Wireless division, who gave akeynote address yesterday in Las Vegas at the Broadband Wireless WorldConference. "Las Vegas is one of the fastest growing metropolitanareas in the country and there is increasing demand for efficient andreliable wireless broadband."

Since launching wireless broadband in Las Vegas in May of 2005,NextWeb has provided service for several local businesses, includingInk Drops, NetEffect, and Xidix Technologies. NextWeb is alsoincreasing its customer roster in Las Vegas, with a recent agreementwith Nevada Ready Mix, a leading supplier of concrete for the city'sbuilding boom.

"We chose NextWeb as our broadband provider because of the uniqueflexibility wireless offers our company," said Ron Reed, OperationsManager at Nevada Ready Mix. "NextWeb provides us with faster speedsfor a lower price, with the scalability we need for future growth."

This new office is the first outside of California for Covad'sNextWeb wireless division and will help the company increase itsvisibility and build stronger relationships with local businesses inthe community. The Las Vegas office is staffed with a regional salesmanager and a team of local sales representatives.

Las Vegas' growing population and flat topography, surrounded bymountainous terrain, make it an ideal location for Covad's wirelessbroadband solution. Covad currently offers local businesses high-speedwireless broadband services of up to 100 megabits per second, withplans starting at $159 per month.

About Covad

Covad is a leading nationwide provider of integrated voice anddata communications. The company offers DSL, Voice Over IP, T1, Webhosting, managed security, IP and dial-up, wireless broadband, andbundled voice and data services directly through Covad's network andthrough Internet Service Providers, value-added resellers,telecommunications carriers and affinity groups to small andmedium-sized businesses and home users. Covad broadband services arecurrently available across the nation in 44 states and 235Metropolitan Statistical Areas (MSAs) and can be purchased by morethan 57 million homes and businesses, which represent over 50 percentof all US homes and businesses. Corporate headquarters is located at110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. WebSite: www.covad.com.

Safe Harbor Statement under the Private Securities LitigationReform Act of 1995:

The foregoing contains "forward-looking statements" which arebased on management's current information and beliefs as well as on anumber of assumptions concerning future events made by management.Examples of forward- looking statements include expectations regardingthe expected performance of NextWeb's products and services. Readersare cautioned not to put undue reliance on such forward-lookingstatements, which are not a guarantee of performance and are subjectto a number of uncertainties and other factors, many of which areoutside Covad's control that could cause actual results to differmaterially from such statements. These risk factors include increasingcompetition in the market for broadband and wireless services, futurechanges in telecommunications regulations and litigation concerningcurrent regulations, and our ability to effectively offer wirelessservices, among other risks. For a more detailed description of therisk factors that could cause such a difference, please see Covad's10-K, 10-Q, 8-K and other filings with the Securities and ExchangeCommission. Covad disclaims any intention or obligation to update orrevise any forward-looking statements, whether as a result of newinformation, future events or otherwise. This information is presentedsolely to provide additional information to further understand theresults of Covad.