The ISM (In the ISM Band) stands for "industrial, scientific and medical" radio bands. The ISM includes the following frequencies:
902 - 928 MHz (26 MHz in width)
2.400 - 2.4835 GHz (83.5 MHz in Width)
5.725 - 5.875 GHz (150 MHz in Width) ** Note 5.8 GHz ONLY**
http://www.itu.int/ITU-R/terrestrial/faq/index.html#g013
http://www.access.gpo.gov/nara/cfr/waisidx_07/47cfr18_07.html
Although the band is labeled as “industrial, scientific and medical” bands -- you will find almost everything and anything under the sun that is unlicensed in these frequencies. You name it, it rides these waves. WiFi, cordless phones, Mircowave ovens, Bluetooth, toys, baby monitors, wireless cameras, etc !