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EXHIBIT 99.2
METRICOM CONTACT:
Jonathan Moore
408.282.3035


              Metricom Announces Receipt of Nasdaq Delisting Letter

SAN JOSE, CA., AUGUST 2, 2001 -- Metricom, Inc. (Nasdaq: MCOMQ), a high-speed
wireless data services company, today announced that, on July 26, 2001, it
received a Nasdaq staff determination letter indicating that Nasdaq has
determined to delist Metricom's securities from The Nasdaq Stock Market at the
opening of business on August 3, 2001. Trading in Metricom's securities has been
suspended since July 2, 2001.

The letter indicates that the staff determination was based upon Metricom's July
2, 2001 filing under Chapter 11 of the U.S. Bankruptcy Code and associated
public interest concerns as set forth under Nasdaq Marketplace Rules 4450(f) and
4330(a)(3). The determination was also based upon Nasdaq's concerns regarding
the residual equity interest of the existing listed securities holders, as well
as the inability of Metricom to demonstrate that it is able to sustain
compliance with all requirements for continued listing on The Nasdaq Stock
Market.

The Company has requested a hearing before a Nasdaq Listing Qualifications Panel
to review the staff determination. Trading of the Company's securities will
remain suspended but the hearing request will stay the delisting of the
Company's securities pending the Qualifications Panel's decision. The Company
cannot provide assurance that the Qualifications Panel will grant the Company
continued listing on The Nasdaq Stock Market.

ABOUT METRICOM
Metricom, Inc. is a high-speed wireless data company. With its high-speed
Ricochet mobile access, Metricom is making "information anytime" possible-at
home, at the office, on the road, and on many devices. Founded in 1985, Metricom
has spent more than 15 years on the development of its distinctive MicroCellular
Data Network (MCDN) technology. That experience has enabled Metricom to develop
the fastest wireless mobile data networking and technology commercially
available today. Ricochet has been operating since 1995 at speeds up to 28.8
kbps. The new Ricochet, delivering user speeds of 128 kbps, is currently
available in thirteen markets and is connected to two other 28.8 kbps service
areas (Seattle and Washington DC) to increase coverage for mobile professionals.

Metricom, MCDN, and Ricochet are registered trademarks of Metricom, Inc. All
other trademarks are the property of their respective owners.


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Statements made or implied in this press release that are not historical facts,
including those related to future market conditions, the Company's ability to
obtain additional funding or continue its operations, continue to have its
securities listed on The Nasdaq Stock Market, successfully restructure its debt
operations or realize any strategic alternatives or successfully emerge from the
Chapter 11 proceeding, whether its channel partners and resellers will continue
to provide access services to their end user subscribers, the ability of the
Company to continue to maintain its operations during the reorganization
process, , future partners and future viability are forward looking and are made
pursuant to the safe harbor provisions of the Securities Litigation Reform Act
of 1995. Such statements involve risks and uncertainties, which may cause
results to differ materially from those set forth in these statements. Among
other things, additional competition from existing and future competitors may
impact the market. Projections of partners, market acceptance, technological
rollout and competition are estimated based on preliminary information as well
as certain assumptions which management believes to be reasonable at this time.
All forward-looking statements are subject to risk that the actions or
strategies described will not be successfully completed. In addition to the
factors set forth elsewhere in this press release, the economic, competitive,
governmental, technological and other factors identified in Metricom's filings
with the Securities and Exchange Commission, including risks related to the
Company's ability to raise additional funding, could affect the forward-looking
statements contained in this press release.


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