Arcadian Networks Completes $90 Million First Round of Funding with Latest Investment from Goldman Sachs. Investment underscores the importance of providing rural wireless connectivity to Utilities and Oil & Gas assets using the 700MHz Licensed Spectrum.

 NEW YORK, April 27, 2007 – Arcadian Networks, Inc., a privately held wireless telecommunications carrier, today announced that it has raised an additional $30 million of financing from lead investor Goldman Sachs. With this closing, Arcadian Networks has raised a total of $90 million in financing over the past twelve months.