London, June 19, 2008 – Proxim Wireless Corporation (NASDAQ: PRXM), a leader in core-to-client solutions for broadband wireless networks, today announced that it has reduced the price of its ORiNOCO® AP 700 access point radios by £50, bringing the new MSRP to just £180. Proxim has also reduced the list price of its ORiNOCO Wi-Fi clients, which now range from £29-39. With this price reduction, Proxim again redefines the price/performance ratio of high-performance wireless networks.
“At Proxim, all we do is wireless – and our end-to-end product portfolio covers everything from enterprise WLANs to high-performance wireless backhaul, and everything in between,” said Pankaj Manglik, CEO of Proxim. “With this price reduction, we aim to make affordable, high performance Wireless LAN available to everyone.”
IT products distributor Tech Data Corporation Vice President, Networking Product Marketing Chuck Bartlett said, “Through Tech Data’s Wireless Specialised Business Unit, our dedicated team of experts provide Proxim resellers with a broad array of sales, technical and marketing support. Tech Data helps resellers cost-effectively capitalise on the demand for the latest wireless networks, and Proxim’s lower costs will enable them to be even more competitive as they deliver these solutions to businesses, government agencies and other end users nationwide.”
More than 1 Million ORiNOCO access points have been sold globally and the 4th generation ORiNOCO AP 700 offers enterprises, governments and organisations of all sizes the following benefits:
• High Performance – Integrated QoS for latency-sensitive applications, support for multiple VLANs, and sophisticated hotspot interfaces with Radius integration
• Security – AES encryption, rogue AP detection, and secure management interfaces via SNMPv3, SSL and SSH
• Ease of Use – Automatic channel selection, adjustable transmit power; group configuration, remote management and much more with ProximVision, Proxim’s network management system
The reduced list prices for the ORiNOCO AP 700 radios and ORiNOCO Wi-Fi clients are as follows:
• ORiNOCO AP 700 – £180
• ORiNOCO 8470 series PC Card – £29
• ORiNOCO 8480 series PC Card – £35
• ORiNOCO 8482 series PCI Cardbus – £39
• ORiNOCO 8474 series USB Adapter – £29
This reduced pricing is effective as of June 1, 2008.
About Proxim Wireless
Proxim Wireless Corporation (NASDAQ: PRXM) is a leader in core-to-client solutions for broadband wireless networks. Our systems enable a variety of wireless applications including security and surveillance, VoIP, last mile access, enterprise LAN and PtP backhaul. 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 firstname.lastname@example.org or call +1 408-542-5303.
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 uncertainties as to the extent of any specific equipment deployments or network expansions or any specific types of services available in any specific geographic region; delays or changes in or cancellation of planned or possible equipment deployments, network expansions, or service offerings; 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; 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 Corporation from time to time with the Securities and Exchange Commission and in our other public statements.
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