SOURCE: Proxim Wireless

Proxim Wireless

June 03, 2009 08:30 ET

Proxim Wireless to Introduce New 6.4 GHz Point-to-Multipoint Broadband Wireless Solutions for the Russian Market

MOSCOW--(Marketwire - June 3, 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 it will be extending its award-winning Tsunami™ point-to-multipoint line of broadband wireless products to cover the 5.1-6.4 GHz frequency bands. By introducing new products capable of supporting frequencies up to 6.4 GHz, Proxim will provide the Russian market an ideal solution for delivering timely, cost-effective and reliable wireless broadband connectivity.

"The Russian market continues to be a growing opportunity for Proxim, and many of our customers have requested support for 6.4 GHz frequencies," said Victor Koval, General Director of NPF Geyser, a Proxim Platinum Partner and Best Partner 2008. "These new products will help address the needs of our Russian customers and enable new customers to take advantage of the extended frequency range."

Product Benefits

--  Offers a scalable and flexible approach to network design with
    multiple frequency band support for licensed and unlicensed frequency bands
    and multiple form factors
--  Support for the 5.1-6.4 GHz frequency bands
--  Quick and easy installation for indoor or outdoor deployments
--  Enables quadruple-play applications -- video, voice, data and mobility
    with low latency
--  Advanced security with AES encryption
    

Pricing and Availability

Pricing and availability for these products will be announced in the second half of 2009. For more information, please visit: http://proxim.com/buy/default.aspx.

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 security and surveillance, VoIP, last mile access, enterprise LAN connectivity and Point-to-Point backhaul. 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; delays or changes in or cancellation of contemplated product developments and introductions; 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 our actual results is and will be included in filings made by Proxim Wireless from time to time with the OTCQX (www.otcqx.com) and in our other public statements.

Contact Information

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