SOURCE: Proxim Wireless

September 12, 2007 09:00 ET

Proxim Wireless Mesh Charts in at #3, With a Bullet

Company Shoots to #3 in Units in Their Inaugural Appearance in Dell'Oro Mesh Market Share Report

SAN JOSE, CA--(Marketwire - September 12, 2007) - Proxim Wireless Corporation (NASDAQ: PRXM), a leader in core-to-client solutions for broadband municipal wireless networks, today announced that it has made its first appearance on the Dell'Oro Group's Wi-Fi mesh market share report, achieving third position in units shipped during the second quarter of 2007.

According to the Dell'Oro Group's 2Q07 Wireless LAN report, Proxim was third in unit market share in the Service Provider (i.e., mesh) segment, behind Nortel and Tropos. The report also listed Proxim as fourth in radios shipped and fifth in revenue.

"For Proxim to come from nowhere to third in the market in one quarter is a phenomenal accomplishment," said Robert Fitzgerald, CEO of Proxim Wireless. "The rapid growth of our mesh products is a testament to both the dynamic nature of the market, quality of our products, and the dedication of the Proxim team."

For those of you who were confused by the headline, it's a reference to the days when Billboard published the Top 40 list of singles (those 45 RPM vinyl records with the big hole in the middle). A record that was moving up the chart rapidly was designated by a black dot called a bullet.

About Proxim Wireless

Proxim Wireless Corporation (NASDAQ: PRXM) is a leader in core-to-client solutions for broadband municipal wireless networks. Our systems enable a variety of wireless applications including security and surveillance systems, mobile workforce automation and machine-to-machine communications. We have shipped more than 1.5 million wireless devices to more than 200,000 customers 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 408-731-2610.

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 those relating to the intense competition in our industries; uncertainties as to whether our mesh business will continue to grow, stabilize, or decline; emergence of new competitors in the mesh business; 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 Terabeam from time to time with the Securities and Exchange Commission and in our other public statements.

Contact Information

  • Contact Information:
    Bert Williams
    VP, Marketing and Investor Relations
    Proxim Wireless
    +1 408 731-2610
    bwilliams@proxim.com