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PRXM Proxim Wireless Corporation (CE)

0.01
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Proxim Wireless Corporation (CE) USOTC:PRXM OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.00 01:00:00

Dr. Arogyaswami Paulraj Joins Proxim Wireless Board of Directors

14/01/2013 1:00pm

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Proxim Wireless (CE) (USOTC:PRXM)
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Proxim Wireless Corporation (PINKSHEETS: PRXM), a leading provider of complete outdoor wireless backhaul systems utilizing WORP® technology, today announced that Dr. Arogyaswami Paulraj has been appointed to its Board of Directors.

Dr. Paulraj is an Emeritus Professor at Stanford University and a Senior Adviser to Broadcom Corp.

Dr. Paulraj is a pioneer of MIMO (Multiple-Input/Multiple-Output) wireless communications, a technology breakthrough that enables dramatically improved wireless performance. MIMO is now incorporated into new wireless standards including WiFi, WiMAX and 4G.

In addition to his academic credentials, Dr. Paulraj founded two companies: Iospan Wireless which laid the foundation for 4G wireless technology prior to being acquired by Intel Corp. in 2003, and Beceem Communications which was a leader in 4G wireless semiconductors prior to being acquired by Broadcom Corp. in 2010.

Dr. Paulraj received the IEEE's highest recognition for telecommunications -- the Alexander Graham Bell Medal -- and is a member of several academies including the US National Academy of Engineering and the Royal Swedish Academy of Engineering Sciences. He has also received the Padma Bhushan, one of India's highest national awards.

"We are pleased to have Dr. Paulraj join our Board of Directors," said Lee Gopadze, President and Chief Executive Officer of Proxim Wireless. "He joins our Board at a time when we are redoubling our efforts to continue our long history of technology and thought leadership. We expect that Dr. Paulraj's combination of deep technical capabilities with a nuanced understanding of technology businesses will provide excellent guidance for us as we similarly look to use our proprietary and copyrighted WORP software to deliver truly differentiated products to our customers. We are pleased to have him on our team and look forward to his ongoing contributions for Proxim's strategic growth initiatives."

About Proxim Wireless Proxim Wireless Corporation (PINKSHEETS: PRXM) provides Wi-Fi®, Point-to-Point and Point-to-Multipoint 4G wireless network technologies for wireless internet, video surveillance and backhaul applications. Our ORiNOCO® and Tsunami® product lines are sold to service providers, governments and enterprises with over 2 million devices shipped to 250,000+ customers in more than 65 countries worldwide. Proxim is ISO 9001-2008 certified. For more information, visit www.proxim.com. For investor relations information, e-mail ir@proxim.com or call +1 413-584-1425.

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Contact Information: Dave Renauld Vice President, Corporate Affairs Proxim Wireless Email: Email Contact Phone: (413) 584-1425

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