Circle Net, Inc. Announces Purchase Agreement for $13.8 Million of Proxim's Stratum Wireless Ultra-Broadband Equipment.Business Editors/High-Tech & Internet Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--June 26, 2000 Advancing the quality of wireless data and voice network services, Proxim, Inc. (Nasdaq: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 ) and Circle Net, Inc., today announced a strategic volume purchase agreement to install and service Proxim's (Nasdaq:PROX) Stratum 20 and 100 product lines -- unlicensed UNI-I band wireless Ethernet The standard for wireless networking within a home or office. Also known as a "Wi-Fi" or "802.11" network, wireless Ethernet is the wireless counterpart to regular, wired Ethernet, which is also the standard for local networks. See 802.11 and wireless LAN. bridges operating at 20 and 100 megabits per second (unit) megabits per second - (Mbps, Mb/s) Millions of bits per second. A unit of data rate. 1 Mb/s = 1,000,000 bits per second (not 1,048,576). E.g. Ethernet can carry 10 Mbps. . Under terms of the agreement, Circle Net, Inc. became a master reseller for Proxim's Stratum units and committed to purchase $13.8 million in Proxim equipment over the next 18 months. Circle Net, Inc. will deliver, install, and service the Stratum line for businesses that require mission-critical and rapid-fire Internet services, voice phone lines, video and data connectivity. Circle Net, Inc. will also utilize the Stratum line in its nationwide ultra-broadband data and voice network, known as RocketLauncher. RocketLauncher uses state-of-the art wireless technology providing 20 to 100 million bits-per-second of data connectivity to its clients. This kind of raw speed means that RocketLauncher is more than 60 times faster than a T-1, and more than 30 times faster than most 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 or cable-modem connections. "We're delivering ultra-broadband data and voice capabilities to metropolitan area businesses across the nation. That's at least 20 mega-bits per second, at a price point of just $900 a month," says Troy Cobb, Circle Net's Chief Technology Officer. "Across this connection we can offer local phone service with advanced roaming features at the same time our clients enjoy Internet and network speeds as fast as their local area networks," he continued. The result is fast, unlimited access to voice and data services anywhere business needs exist. About Proxim,Inc Proxim, Inc. has more than 15 years of experience in the wirefree broadband networking market. Today, Proxim's Symphony is the world's leading wirefree networking product for the home and small office and the company's RangeLAN2a leads in the enterprise, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and wireless service provider markets. For building-to-building wirefree connectivity, Proxim's Stratuma offers the fastest license-exempt wirefree Ethernet bridge See Wi-Fi bridge and powerline Ethernet bridge. , connecting buildings at distances up to seven miles. Proxim is a founding member of the Wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area 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 wirefree consumer devices (www.homerf.org). The Company is headquartered in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . See www.proxim.com for additional information. About Circle Net, Inc. Circle Net, Inc. is a 5-year old business-to-business Internet and network services provider headquartered in Asheville, North Carolina Not to be confused with Ashville. Asheville is a city in Buncombe County, North Carolina, and is its county seat. As of the 2000 census, the city had a total population of 68,889. It is the largest city in western North Carolina, and continues to grow. . The company has begun the nationwide rollout of RocketLauncher, the only wireless ultra-broadband data and voice network, serving 25 metropolitan areas by the end of the year. Circle Net employs a 3,000+ mile fiber-optic network and a 24 hour a day technical support and network operations staff to provide mission critical services for their customers. They may be reached at www.circle.net or 1-800/321-2237 or via email to sales@circle.net. Note to Editors: RocketLauncher, "Rocket Launcher", and "the wireless ultra-broadband data and voice network" are trademarks and/or service marks of Circle Net, Inc. |
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