2Wire's DSL Residential Gateway to offer High-Speed Wireless In-Home Services using Proxim's HomeRF Cordless Networking Products.Business Editors/Technology Writers CES 2000 2Wire Booth No. 6139 LAS VEGAS--(BUSINESS WIRE)--Jan. 6, 2000 Proxim's HomeRF-based Symphony(TM) to be sold in conjunction with 2Wire's HomePortal(TM) residential gateway for consumers 2Wire, Inc. and Proxim, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PROX n. 1. "The ticket or list of candidates at elections, presented to the people for their votes." Adj. 1. prox - in or of the next month after the present; "scheduled for the 6th prox" proximo ), today announced that 2Wire has agreed to offer Proxim's HomeRF(TM) wireless networking See wireless network. technology for use with its HomePortal, an intelligent ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line residential gateway. 2Wire's HomePortal will be the first ADSL residential gateway to provide consumers with wireless access to the Internet, advanced voice services, and entertainment quality digital video streams everywhere in the home. 2Wire plans to offer Proxim's HomeRF-based Symphony(TM) product line to supplement the functionality of its HomePortal family of residential gateways by allowing for wireless connectivity in the home. The 2Wire HomePortal is also compatible with 10/100 Ethernet, USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. , and HomePNA 2.0 -- three methods for delivering in-home networking. The 2Wire HomePortal family of residential gateways is a fully-integrated ADSL and home networking platform that provides high-speed data, telephony, and digital video services over standard telephone lines. Proxim's Symphony products will enable the HomePortal to provide in-home wireless connectivity untethered Unattached to any data or power source by wire or fiber; in other words: wireless. Contrast with tethered. from phone jacks for added convenience and ease of expanding the network to other devices within the home. "Customers have been asking about wireless in-home networking, and we wanted to offer an affordable product," said Roy Johnson 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. Compaq, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Intel, Motorola and Proxim have already announced specific plans for HomeRF-based products, available as early as next quarter. "We're pleased that 2Wire has chosen to deliver wireless HomeRF-based technology in conjunction with their leading residential gateway platform for delivering broadband data, voice, and entertainment to home users," said Lynn Chroust, Proxim's Product Marketing director. "Installing wireless-residential gateways provides added convenience for end users by allowing access to information anywhere in the home via standards-based wireless products." 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 Time dependent. Real time voice, video and telemetry are examples of isochronous data. (communications) isochronous - /i:-sok'rn-*s/ A form of multiplexing that guarantees to provide a certain minimum data rate, as required for time-dependent data such as video or audio. 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 hot spots acute moist dermatitis. ." ABOUT 2Wire, Inc. 2Wire delivers a full suite of broadband products and services to the residential marketplace. The HomePortal family is the first intelligent residential gateway to integrate the wealth of options available through the Internet and create a complete home data, voice, and entertainment network. 2Wire's website offers comprehensive, impartial information on DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , the future of broadband services, and home networking, and the most complete and accurate DSL look-up service in the United States: www.2wire.com Venture-funded 2Wire was awarded Investors' Choice by Technologic Partners as one of 10 privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. "most likely to succeed" among 93 firms presenting at its December Technology Outlook conference. 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 (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.11 standard. In 1999, Proxim has established itself as a leader in the emerging home networking market with its award-winning Symphony suite of cordless networking products for home and small office environments. Proxim is a founding member of the Wireless LAN Interoperability Forum (WLI WLI Weblogic Integration (Bea Systems) WLI Weekly Leading Index WLI Whole Life Insurance WLI Buoy Tender, Inland (USCGC) WLI Work Load Indicator WLI World Learning Incorporated WLI Where Lines Intersect 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. Proxim, RangeLAN2, RangeLAN802, and Symphony, are all trademarks of Proxim. 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, the development and availability of integrated high-speed wireless networking products, the development and availability of integrated voice, video and broadband data communications services, the development of industry standards and strategic partnerships. Forward-looking statements involve a number of risks and uncertainties including, but not limited to, any Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. limit on the speed of 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; and other factors more fully described in Proxim's reports to the Securities and Exchange Commission, including, but not limited to, the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1998, and the reports on Form 10-Q Form 10-Q See 10-Q. . Actual results may differ materially from such forward-looking statements. Proxim and 2Wire do not undertake to update any oral or written forward-looking statements that may be made by or on behalf of Proxim or 2Wire. |
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