Last $0.61 USD
Change Today 0.00 / 0.00%
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proxim wireless corp (PRXM) Snapshot

Open
$0.61
Previous Close
$0.61
Day High
$0.61
Day Low
$0.61
52 Week High
12/19/13 - $1.30
52 Week Low
09/2/14 - $0.25
Market Cap
143.4K
Average Volume 10 Days
29.1
EPS TTM
$-33.66
Shares Outstanding
235.1K
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for PROXIM WIRELESS CORP (PRXM)

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proxim wireless corp (PRXM) Details

Proxim Wireless Corporation provides high-speed wireless communications equipment and services in the United States and internationally. It offers broadband wireless equipment in various technology segments, including Wi-Fi, Wi-Fi mesh, WiMAX, and point to point (PTP), which includes millimeter wave. The company provides wireless solutions for carriers, service providers, the mobile enterprise, security and surveillance, last mile access, voice and data backhaul, and municipal networks. It offers its products in three categories: Broadband Wireless Access (BWA), Enterprise Wi-Fi, and Point-To-Point (PTP). The BWA product line includes proprietary point-to-multipoint (PMP) Tsunami 8100 and MP.11 products; PMP WiMAX Forum Certified Tsunami MP.16 products, outdoor Wi-Fi mesh, and MeshMAX products. Its BWA products deliver data, voice, video, and mobility services to organizations. The Enterprise Wi-Fi products include ORiNOCO 802.11 a/b/g/n access point and client card products primarily for use indoors, including its access points and Wi-Fi client devices. The PTP products comprise products under Tsunami, Lynx, and GigaLink names. Proxim Wireless Corporation also provides training, technical assistance, and customer support on the installation, management, use, and testing of its products. It sells its products also to enterprises and governmental organizations through a network of distributors, value-added resellers, product integrators, and original equipment manufacturers, as well as through internal sales force. The company was founded in 1982 and is headquartered in Milpitas, California.

183 Employees
Last Reported Date: 03/30/10
Founded in 1982

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proxim wireless corp (PRXM) Key Developments

Proxim Wireless Corporation Announces Management Changes

Proxim Wireless Corporation announced that Greg Marzullo has been appointed as Proxim's President and Chief Executive Officer. Lee Gopadze will be retiring from his position as Proxim's President and Chief Executive Officer and will transition to the role of Executive Chairman. He will continue working on technology alliances and partnerships, development of strategic customers, and supporting Greg in the transition. Greg has over 25 years of experience with a variety of high-tech businesses, from startups to multinational organizations. The primary focus of his career has been marketing and selling wireless communications products. Over the years, he has hired, managed, and developed hundreds of sales and marketing professionals worldwide. In addition to his US experience, Greg has significant experience with international markets, having personally led sales and marketing efforts in a number of international regions while living in those regions.

Proxim Wireless Corporation Announces Launch of Tsunami WORP Sync

Proxim Wireless Corporation announced the launch of Tsunami WORP Sync, the latest release of Proxim's proprietary Wireless Optimized Routing Protocol (WORP(R)) software. This latest generation of WORP(R) software adds two important features to the already-powerful suite of benefits enabled by Proxim's WORP software: network synchronization; Common Timing Protocols (CTP) enabling interference-free operation even in certain multi-vendor equipment environments. Network Synchronization: with the growing demand for outdoor wireless applications and limited license-free spectrum, there exists a clear and growing deficit of available interference-free frequencies. Large scale wireless Internet service providers (ISPs) and organizations with dense networks are compelled to reuse the limited available spectrum, often resulting in high self-interference, poor Quality of Service (QoS), and reduced throughput. Proxim's WORP Sync technology effectively overcomes these challenges by harmonizing all Proxim WORP Sync-enabled PtMP base station units (BSUs) and PtP radios in a network to either transmit or receive at the exact same time with the help of GPS satellite signals or other Ethernet timing devices. This WORP Sync harmonization results in: reduced self-interference and improved consistent, high throughput performance Augmented with the WORP Sync features, Proxim's proprietary WORP(R) MAC technology virtually eliminates contending Transmit (TX) and Receive (RX) cycles from nearby peer Proxim radios in a network. Reduced self-interference ensures higher throughput, improved BER performance and more consistent and predictable operation even in dense deployment conditions; improved over the air efficiency and collocation Proxim's WORP Sync technology enables efficient frequency reuse and dense collocation. Leveraging the advantage of reduced self-interference, more WORP Sync-enabled BSUs and PtP radios can be collocated more efficiently on the same cell site with fewer channels and without affecting the performance of the network. Denser collocation in turn enables network operators to increase their Bits/square mile from a single tower. The WORP Sync technology provides the benefits described in greenfield deployments - new deployments of just Proxim radios. However, Proxim realizes that network operators who previously deployed radios from a different vendor often want to switch to Proxim radios. Deploying Proxim radios in a network that uses equipment from other vendors can lead to interference between the two brands of equipment with resulting decline in overall network performance. Therefore, rather than introduce just a GPS synchronized product, Proxim went to the next level to provide even more choices and benefits to existing network operators. Proxim's WORP Sync technology also includes Proxim's CTP enabling Proxim's WORP Sync-enabled BSUs and PtP radios to be deployed within a network that uses certain equipment from other vendors without interfering with the previously deployed equipment. Proxim's WORP Sync technology accomplishes this task by duplicating the GPS timing of third party wireless BSUs, allowing Proxim PtMP BSUs and subscriber units (SUs) and PtP radios to be co-located within a network currently using other vendors' BSUs and SUs even though the different platforms do not communicate with each other. This initial release of WORP Sync technology includes this CTP network synchronization technology feature for the current versions of Cambium's GPS-sync enabled solutions - the Cambium 100, 430, and 450 products. Proxim is currently working to expand its CTP network synchronization technology to include Cambium's recently released ePMP products and may include additional products in the future. This added CTP benefit allows an operator more flexibility in deploying new networks, but particularly in expanding existing Cambium networks where Proxim gear can now support higher throughputs, without interfering with currently deployed base station radios and subscriber units. The WORP Sync feature is available on WORP Sync ready Tsunami(R) 82x0-G and 82x series via free (until December 31, 2014) software upgrade, with upgrading often available via Proxim's Over the Air (OTA) protocol. WORP Sync ready Tsunami(R) 82x0-G and 82x series radios are also now available for purchase via Proxim's authorized distributors and value added resellers.

Proxim Wireless Products Available to Operate in Newly-Available 5.2 GHz Spectrum

Proxim Wireless Corporation announced that its Tsunami(R) outdoor broadband wireless point-to-point and point-to-multipoint products are ready to operate in the newly-available 5.2 GHz spectrum. Proxim expects that the availability of this new spectrum will be greatly beneficial to its customers, especially its wireless Internet service provider customers, and is pleased to have equipment ready to use that new spectrum. On May 1, 2014, the United States Federal Communications Commission issued a rule making revisions to the existing rules applicable to devices operating in the U-NII-1 band (5.15 - 5.25 GHz). Most significantly for Proxim's customers, that final rule removed the indoor-only restriction that had applied to the U-NII-1 band and increased the permitted power levels of devices operating in that band. The significant portions of this new rule will become effective on June 2, 2014. As a result, effective June 2, 2014, Proxim's customers will have an additional 100 MHz of new unlicensed spectrum that they can use. Because this will be newly-available spectrum, there will be less congestion and a resulting significantly reduced chance of interference. In anticipation of the availability of this new spectrum, Proxim has been preparing its Tsunami products for operation in this band for the past several months. The capabilities and flexibilities of Proxim's proprietary Wireless Outdoor Routing Protocol (WORP(R)) software were critical in enabling Proxim to have products ready to operate in this new band. The strength of Proxim's WORP software will also enable purchasers of recent Tsunami products to obtain a software upgrade enabling the use of even those previously-purchased products in this new band.

 

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