Proxim Redefines Wireless Multipoint Market with New, Economical Tsunami MP.11 Product Family

Based on 802.11b and Proxim's Wireless Outdoor Router Protocol Delivering 20-40% Faster Performance SUNNYVALE, Calif., Feb. 18 /PRNewswire-FirstCall/ -- Proxim Corporation (Nasdaq: PROX), a leading provider of high-performance wireless local area networking (WLAN) and wireless wide area networking (WWAN) products, today announced the Tsunami MP.11, a new family of economical wireless outdoor point-to-multipoint solutions enabling campus connectivity, security and surveillance, and residential last-mile access. The Tsunami MP.11 product family includes two subscriber units - an Enterprise Subscriber Unit for businesses and a Residential Subscriber Unit for homes. The product family also includes the Tsunami MP.11 Base Station Unit, which can connect up to 100 Subscriber Units of either type. The Tsunami MP.11 base station, when paired with the Enterprise Subscriber Unit, offers a reliable 11 Mbps solution customized for businesses, campuses, schools, hospitals and other enterprises needing WAN connectivity. When paired with the Residential Subscriber Unit, it becomes the ideal residential last mile access system. The Tsunami MP.11 products are targeted to provide value- oriented connectivity for customers not requiring additional carrier-class features provided by Proxim's Tsunami MP and Tsunami MP Active Interference Rejection (A.I.R.) products. Tsunami MP.11 can be used in conjunction with Proxim's carrier-class Tsunami point-to-point and multipoint products that offer speeds up to 960 Mbps total capacity for large-scale deployments. "Tsunami MP.11 fills the need for low-cost, reliable multipoint products enabling applications that previously would have been too costly to deploy with wireless technology," said Kevin Duffy, senior vice president and general manager for Proxim's WAN Division. "For instance, Tsunami MP.11 is an ideal choice for businesses and schools that need affordable campus connectivity and security and surveillance. Also, it enables community service providers to provide affordable residential wireless Internet access." Tsunami MP.11 is based on Proxim's Wireless Outdoor Router Protocol (WORP), which is designed to deliver 20-40% faster performance than existing outdoor router solutions. It is a modern architecture that supports 802.11b radios today and 802.11a and 802.11g radios in the future. In addition, WORP supports Asymmetric Bandwidth Throttling, which allows adjustments to the data rate users receive and send. This enables service providers to offer differentiated services and pricing for business and residential customers. Ideal Campus Connectivity Solution The Tsunami MP.11 offers the advanced features required by business users, making it an ideal choice for smaller campus networks. Tsunami MP.11 offers a complete set of features that provide best-in-class performance, management and security. It provides up to 11 Mbps data rate with an integrated 2.4 GHz radio and a range of up to 10 miles. Tsunami MP.11 also offers advanced management capabilities including planned compatibility with Proxim's Wireless Network Manager. Security is also a key concern for businesses, so Tsunami MP.11 supports reliable security solutions using Radius authentication and access control, and WEP. Affordable Security and Surveillance Previously, outdoor wireless security and surveillance deployments were only an option for customers with deep pockets. With Tsunami MP.11 and a network-ready camera, it is quick and easy to set up a simple security network. This allows schools and universities to monitor activities on campus, smaller businesses to secure inventory in warehouses, and shopping centers to protect customers in their stores or parking lots. Complete Residential Access Solution The Tsunami MP.11 product family includes a Residential Subscriber Unit that provides everything needed for a residential deployment, including a customer installable "indoor" window antenna, for an estimated street price of under US$300. By offering a low-cost Residential Subscriber Unit, service providers can now deploy wireless networks across neighborhoods for the lowest possible investment cost and without a truck roll. "Proxim has been long been recognized as a leader in the point-to-point wireless market," said Daryl Schoolar, In-Stat/MDR Senior Analyst. "Our research has shown that most service providers have been looking for a CPE with a magic price point of $300 or less. Not only does Proxim's new Tsunami MP.11 meet that goal, but it also provides a migration path for future upgrades to new technologies and standards as needed." Pricing and Availability Tsunami MP.11 products will be available in March from Proxim's extensive network of worldwide distributors and resellers. The Tsunami MP.11 2411 Base Station Unit has a list price of $995. The Tsunami MP.11 2411 Subscriber Unit has a list price of $595 and the Tsunami MP.11 2411 Residential Subscriber Unit has a list price of $395. Proxim is also announcing an OEM program for its Wireless Outdoor Router Protocol. Customers interested in OEMing complete systems, boards, or software should contact Rob Jansen at rjansen@proxim.com. About Proxim Proxim Corporation is a leading manufacturer of high-performance wireless local area networking (WLAN) and wireless wide area networking (WWAN) products. The company is a leader in the fast-growing markets for 802.11b, 802.11a, and license-exempt fixed wireless networking systems. Proxim's systems securely connect networks within buildings as well as between locations up to 40 miles apart, providing enterprises, service providers, and consumers with unprecedented networking capacity and mobility. Proxim Corporation was created by the merger between Proxim, Inc. and Western Multiplex Corporation in March 2002. Its web site is http://www.proxim.com. Safe Harbor This press release includes forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ materially. Statements regarding the expected benefits of products, including statements regarding the relative affordability of Proxim's Tsunami Multipoint products, product performance related to interoperability, flexibility, speed, security, throughput and reliability, extending the range of wireless networks, and cost savings to customers are subject to the following risks: that the expected benefits will not be realized by customers; that products will not perform as designed; that products will not be available due to manufacturing or supply issues; that the range of wireless networks will not be extended; that the product pricing will not competitive; and other risks and uncertainties associated with Proxim's business. For additional information regarding risks relating to Proxim's business, see Proxim Corporation's Forms 10-Q filed on November 12, 2002, on August 12, 2002, as amended, and on May 13, 2002, Western Multiplex Corporation's registration statement on Form S-4 filed on February 25, 2002, Western Multiplex' Form 10-K for the year ended December 31, 2001 and subsequent Forms 8-K, Proxim, Inc.'s Form 10-K for the year ended December 31, 2001 and subsequent Forms 8-K, and other relevant materials filed by Proxim with the SEC.