Proxim and Adaptive Broadband Team to Deliver Seamless Wireless Voice, Video and High-Speed Broadband Data Solutions
Adaptive Broadband to Integrate Proxim's HomeRF Technology into its Leading Wireless Last Mile Solution for Untethered Connectivity in Homes and Businesses
SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 29, 1999-- Proxim, Inc. (NASDAQ:PROX - news), and Adaptive Broadband(TM) Corporation (NASDAQ:ADAP - news) today announced a strategic technology and marketing agreement to deliver a seamless wireless solution that distributes high-speed data, voice and video services across the last mile to multiple users in homes and businesses. This announcement marks the industry's first arrangement to offer a completely wireless voice, video and high-speed data solution that covers not only the last mile, but provides in-building wireless local area networking (LAN) connectivity for both business and residential customers.
Adaptive Broadband's AB-Access(TM) wireless networking equipment for broadband service providers delivers ultra high-speed wireless access of up to 25 Mbps over the last mile to homes and businesses that supports video streams, broadband data, and toll-quality isochronous voice services rather than today's conventional offerings of bursty voice over IP.
Under terms of the agreement, Adaptive Broadband will integrate Proxim's HomeRF(TM) networking technology to wirelessly distribute broadband services throughout business and residential buildings to multiple users for simultaneously accessing the services. Before this agreement, Adaptive Broadband's AB-Access wireless equipment was used to distribute broadband services throughout a home or business through an established wired LAN, or directly to a single computer through an RJ-45 jack. However, this joint effort with Proxim will expand the service and add convenience for users by distributing broadband access in buildings untethered from wires, phone jacks and other limitations.
``Our customers are demanding isochronous voice, streaming video and high-speed data services simultaneously delivered over a single wireless connection, in a single network,' said Fred Lawrence, Adaptive Broadband chairman and chief executive officer. ``We've solved the last mile bottleneck issue, and now with the wireless LAN expertise of Proxim, the wireless home networking leader, we can deliver the industry's first truly seamless broadband wireless solution. With Proxim's award-winning products, our broadband solution to the home now becomes a broadband solution throughout the home.'
``Adaptive Broadband is a leader in working with broadband service providers to deliver high-quality voice, video and broadband data communications wirelessly to homes and small offices, and we're pleased that they've selected HomeRF technology from Proxim to deliver these services anytime, anywhere throughout the Internet-enabled home,' said David C. King, Proxim chairman, president and CEO. ``This is an exciting joint effort to deliver high-speed services using HomeRF's voice and data capabilities, and Proxim's HomeRF-compatible products can provide Adaptive Broadband's customers with a single high-speed access capability wherever it's needed - in the home, in the office and on the road.'
Adaptive Broadband is a leading provider of last-mile wireless broadband Internet access with speeds to the home and business of up to 25 Mbps. It has announced contracts from ISPs such as Global Pacific Wireless Internet (Orange County, Calif.), I3S (Irving, Texas) and Fuzion Technologies (Boca Raton, Fla.). Proxim is the worldwide wireless LAN market leader, and its home networking products are today's most popular wireless solutions with 60 percent market share in 1999 according to a recent study by Frost & Sullivan Research.
ABOUT HOMERF
The HomeRF standard is an open specification supported by more than 100 member companies to deliver a broad spectrum of affordable, interoperable consumer devices capable of both toll-quality voice and high-speed data networking. Current supported applications include cordless voice telephony, in-home distribution and sharing of broadband data services, and file and print sharing. Seven leading companies -- Cayman Systems, Compaq, IBM, Intel, MobileStar Network,
Motorola and Proxim -- have recently announced specific plans to launch HomeRF products beginning in Q1'00. Planned HomeRF technology enhancements for 2H'00 and beyond will support higher data rates; isochronous voice, audio and streaming video communications; and broadband wireless Internet access outside the home. These enhancements will enable a whole new class of applications, including cordless telephony, streaming music and video, and broadband wireless Internet connectivity in public ``hot spots.'
ABOUT AB-ACCESS
The AB-Access technology was engineered to work at any frequency from 2 to 42 GHz. The first releases for AB-Access are for applications using the 5 GHz and 2.5 GHz frequency bands. AB-Access was introduced earlier this year for ultra high-speed Internet access. It bridges the last mile, replacing the local loop for business and residential subscribers. AB-Access offers data transmission at rates up to 25 Mbps, a speed more than 400 times faster than dial-up service with a 56K modem. This allows multiple users to transmit voice, download full-streaming video, download data files, use real-time video conferencing and surf the Worldwide Web -- all at the same time over a single connection. Adaptive Broadband is working to deliver higher data rates in mid 2000 -- from 25 up to 100 Mbps -- allowing carriers to add more users without compromising their throughput capability.
ABOUT ADAPTIVE BROADBAND CORPORATION
Adaptive Broadband (www.adaptivebroadband.com) is a data networking solutions company -- a leading provider of terrestrial wireless and satellite-based systems to support ultra high-speed Internet access, broadcast digital TV transport and worldwide Internet backbones. The company also provides industry-leading solutions for satellite-based data communications and terrestrial wireless telemetry networks.
ABOUT PROXIM, INC.
Headquartered in Sunnyvale, Calif., Proxim, Inc., has more than 15 years of experience in the wireless LAN market. Today Proxim is the world's leading supplier of spread spectrum wireless
LAN products to OEMs and wireless solutions providers. In 1994, Proxim was first to market with its industry-leading RangeLAN2(TM) 2.4 GHz frequency hopping wireless LAN product family, which has attracted more than 100 OEMs and wireless solutions providers worldwide. In 1998, the company introduced its high-performance RangeLAN802(TM) product line, which operates at 2 Mbps and is fully compliant with the IEEE 802.11 standard. In 1999, Proxim has established itself as a leader in the emerging home networking market with its award-winning Symphony(TM) suite of cordless networking products for home and small office environments.
Proxim is a founding member of the Wireless LAN Interoperability Forum (WLI Forum), established to deliver and test interoperable wireless LAN products and services (www.wlif.com). Proxim is also a core member of the Home Radio Frequency Working Group (HomeRF), which is committed to providing a broad range of interoperable cordless consumer devices (www.homerf.org). See www.proxim.com for additional information.
Note to Editors: Proxim, RangeLAN2, RangeLAN802, and Symphony, are all trademarks of Proxim. Adaptive Broadband and AB-Access are trademarks of Adaptive Broadband Corporation. All other company and product brand names are trademarks or registered trademarks of their respective companies. For more information on HomeRF, visit www.homerf.org, or contact Aaron Dunn at Lois Paul & Partners at 781/238-5784 or aaron_dunn@lpp.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements concern accelerating the deployment of wireless broadband information access for homes and small offices, the development and availability of integrated high-speed wireless networking products, the development of industry standards and strategic partnerships. Forward-looking statements involve a number of risks and uncertainties including, but not limited to, Federal Communications Commission limits on frequency hopping products; Proxim's ability to successfully develop, manufacture and gain market acceptance of new products, in particular its home networking products; dependence on the emerging home networking market segment; the cost, availability and quality of assemblies and finished products from contract manufacturers; rapid technological change; evolving industry standards; regulatory changes; the highly competitive nature of the wireless LAN market segment; fluctuations in quarterly results; delays in receipt of orders or in the shipment of products; and other factors more fully described in Proxim's reports to the Securities and Exchange Commission, including, but not limited to, the ``Risk Factors' contained in Adaptive Broadband's annual report on Form 10-K for the fiscal year ended June 30, 1999; and Proxim's report on Form 10-K for the year ended December 31, 1998, and the reports on Form 10-Q. Actual results may differ materially from such forward-looking statements. Proxim and Adaptive Broadband do not undertake to update any oral or written forward-looking statements that may be made by or on behalf of Proxim or Adaptive Broadband.
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Contact:
Proxim, Inc.
Dan Spalding, 408/731-2619
dspalding@proxim.com
or
Adaptive Broadband
Stephanie M. Day, 408/743-3429
sday@adaptivebroadband.com |
