Proxim Corp. has announced a new broadband wireless access system to allow organizations, including wireless Internet service providers, municipalities, government agencies, public safety, transportation groups and enterprises, to deploy WiMAX applications.
Proxim’s Tsunami MP.11 Model 5054-R, the newest member of its family of point-to-multipoint BWA systems, will work with the Tsunami BWA Software Platform to allow customers to implement WiMAX now and will ensure a smooth migration to WiMAX Forum-certified status in the future.
The new system includes a rugged enclosure with heating and cooling technology, offers larger subscriber coverage areas and lower recurring lease costs, Proxim said. It supports the 5.25, 5.47 and 5.725 GHz bands. The software platform features advanced bandwidth provisioning, mobile roaming, adaptive wireless networking and advanced security with privacy protection.
“With our Tsunami BWA Systems and, in particular, our unique, feature-rich BWA Software Platform, we can enable these applications now, while providing a common software foundation that can evolve with the WiMAX standards as they are finalized,” said Lynn Lucas, vice president of product marketing for Proxim.
Proxim also plans to announce three new point-to-point wireless Ethernet bridges: the Tsunami QuickBridge II Wireless Outdoor Bridge; the Tsunami.GX 32 and the Tsunami.GX 90 bridges. The products enable broadband wireless voice and data connectivity for enterprise business customers, government agencies, municipalities and service providers.
The product news follows Proxim’s release of fairly flat financial results for the third quarter, announced last week.
Revenue stood at $31.5 million, up slightly from the second quarter’s $31.4 million, but down from $35.1 million recorded a year ago. Net losses totaled $4.4 million or 4 cents per share, compared with a loss of $10.1 million, or 8 cents per share, last quarter and a net loss of $38.2 million, or 31 cents per share in the third quarter of 2003. The company said it ended the third quarter with $19.1 million in cash, cash equivalents and restricted cash.
Highlights from the quarter included a 46-percent improvement in sales of Proxim’s Tsunami MP.11 product line during the last quarter; 41-percent growth in its Tsunami QuickBridge line of products since the second quarter, pointing to growth in its enterprise wireless point-to-point business; and 44-percent growth for its ORiNOCO AP-4000 access point compared with last quarter, indicating increasing success in its transition from legacy local area network products to next-generation Wi-Fi platforms.
The company added that sales of its Lynx digital radios for cellular backhaul fell short of expectations, blaming the decrease on reduced carrier spending and consolidation.
