Common Stock Dark or Defunct
Pink No Information

OTC Disclosure & News Service


Proxim Wireless to Withdraw Securities from OTCQX

Dec 23, 2010

OTC Disclosure & News Service

Silicon Valley, CA -

For Further Information Contact:

Proxim Wireless

David Renauld

Vice President, Corporate Affairs

(413) 584-1425


Proxim Wireless to Withdraw Securities from OTCQX


Silicon Valley, December 23, 2010 – Proxim Wireless Corporation (OTCQX: PRXM) today announced that it has requested Pink OTC Markets Inc. to withdraw Proxim’s securities from trading on the OTCQX effective at the close of business on Wednesday, December 29, 2010.  Therefore, starting Thursday, December 30, 2010, Proxim’s stock will be trading on the Pink Sheets.  Proxim took this action to reduce expenses.



About Proxim Wireless

Proxim Wireless Corporation (OTCQX: PRXM) provides Wi-Fi®, WiMAX, Point-to-Multipoint and Point-to-Point Backhaul technologies for a complete indoor and outdoor wireless broadband ecosystem. Our systems enable service providers, governments and enterprises to deploy fixed and mobile security and video surveillance, indoor and outdoor Wi-Fi, business and residential internet access and cell tower backhaul. Proxim has shipped more than 2 million wireless devices to more than 250,000 customers in over 65 countries worldwide. Proxim is ISO 9001-2008 certified. For more information, visit For investor relations information, e-mail or call +1 413-584-1425.

Copyright © 2010 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.