SOURCE: Proxim Wireless

Proxim Wireless

December 09, 2009 08:30 ET

Proxim's New Wireless Backhaul and Point-to-Multipoint Products Expected to Exceed $1 Million in Revenue in First Full Quarter of Availability

SILICON VALLEY, CA--(Marketwire - December 9, 2009) - Proxim Wireless Corporation (OTCQX: PRXM) (PINKSHEETS: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today announced that its Tsunami™ 8100 wireless backhaul and point-to-multipoint products -- introduced in mid-July -- have achieved significant traction in the market. The acceptance is so significant that sales of these products are expected to exceed $1 million in Q409.

Proxim believes this immediate adoption by the marketplace is the result of several key benefits of the Tsunami 8100 products:

--  Proxim's use of MIMO and OFDM technology to provide NLOS capabilities
    while maintaining higher performance
--  Better price/performance than competitive products
--  Greater ease of use and deployment for quicker deployment times
--  Ability to deliver connection speeds exceeding 200Mbps -- true 4G
    connectivity
    

For an example of the Tsunami 8100 products in action, please see the press release titled "Engineering Firm Selects Proxim's New High-Performance Wireless Backhaul Gear to Connect Buildings and Increase Network Capacity," also released today, in Proxim's Press Room.

The Tsunami 8100's ability to economically provide over 200 Mbps real-world performance and Non-Line-of-Sight (NLOS) operation with MIMO and OFDM technology has made it an instant hit with WISPs, government agencies, municipalities, schools and more. In addition, with pricing for the QB-8150 point-to-point products starting at just $2,499 and pricing for the MP-8100 point-to-multipoint products starting at just $999, Proxim provides better price/performance ratios than competing products.

"The MP-8100 is a large step forward in the delivery of low-cost, high-capacity radios. Proxim is clearly displaying their ability to develop new technology and future-proof platforms to allow Wireless ISPs to compete with advances in DSL and ADSL," said Daniel McFadden, IT Manager of North West Electronics.

The Tsunami 8100 products are not only interoperable with Proxim's existing products, but they maintain the same look and feel with greater ease of deployment than competing products. This has made them popular with VARs who are familiar with Proxim products, and introduces significant revenue-generating upgrade opportunities for VARs who have customers looking to upgrade from their existing Proxim MP.11 products.

"Having been associated with Proxim and its portfolio of products since the late 1990s, I can say that they have yet again demonstrated leading edge thinking, this time in the field of single cell architectures. We look forward to the continuing successful project deliveries with this product," said Neil Metcalfe, CEO of Networks by Wireless, Ltd.

"When we introduced the Tsunami 8100 products in July, we knew we were on to something," said Pankaj Manglik, President and CEO of Proxim Wireless. "These products are the result of a great deal of customer feedback and testing, resulting in a product ideally suited for cost-effectively deploying wireless broadband networks that can handle the explosion of high-bandwidth applications like video. As a result, WISPs, video surveillance and security integrators, carriers and other organizations looking for high-bandwidth wireless networks are increasingly turning to the Tsunami 8100 solutions -- and we look forward to expanding upon the success of these products in 2010."

Applications

The combination of the high performance, ease of operation/deployment, and the attractive price point of the Tsunami 8100 products have made them an ideal, cost-effective solution for:

-- Wireless video surveillance

-- Rural broadband

-- Building-to-building connectivity

-- Wireless backhaul for cellular voice and data

-- Wireless backhaul for Wi-Fi networks for 3G offload

For more information on these products, please visit the Tsunami QB-8150 or Tsunami MP-8100 product pages or www.proxim.com.

About Proxim Wireless

Proxim Wireless Corporation (OTCQX: PRXM) (PINKSHEETS: PRXM) is a leading provider of end-to-end broadband wireless systems that deliver the quadruple play of voice, video, data and mobility to all organizations today. Our systems enable a variety of wireless applications including Point-to-Point wireless backhaul, security and surveillance, VoIP, last mile access, and enterprise LAN connectivity. We have shipped more than 1.8 million wireless devices to more than 235,000 customers in over 65 countries worldwide. Proxim is ISO-9001 certified. Information about Proxim can be found at www.proxim.com. For investor relations information, e-mail ir@proxim.com or call +1 413-584-1425.

Safe Harbor Statement

Statements in this press release that are not statements of historical facts are forward-looking statements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from the results anticipated in these forward-looking statements. The forward-looking statements involve risks and uncertainties that could contribute to such differences including difficulties in overcoming the network installation and operational challenges relating to any specific customer or geographical area; factors beyond our control such as weather, geographic, governmental, and interference issues; specific requirements of a given customer in their specific situations; and difficulties or delays in supplying products with the features, performance, compliances, certifications, cost, price, and other characteristics desired by customers. Further information on these and other factors that could affect Proxim's actual results is contained in the filings made by Proxim with the Securities and Exchange Commission (available at www.sec.gov), including without limitation in the Annual Report on Form 10-K filed by Proxim on March 31, 2009, and will be included in postings made by Proxim from time to time with the OTCQX (www.otcqx.com) and in its other public statements, which may be available on Proxim's website (www.proxim.com).

Contact Information

  • Contact Information:
    Robb Henshaw
    Director of Marketing & Communications
    Proxim Wireless
    Email: rhenshaw@proxim.com
    Phone: 408-383-7699
    Milpitas, CA, USA