Article: Terabeam Wireless completes acquisition of substantially all of the assets of Proxim Corporation; Aggressive drive to claim leadership of the broadband wireless industry receives endorsement from major customers and channel partners.

M2 PRESSWIRE-1 August 2005-Terabeam Wireless: Terabeam Wireless completes acquisition of substantially all of the assets of Proxim Corporation; Aggressive drive to claim leadership of the broadband wireless industry receives endorsement from major customers and channel partners(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:28072005

London, UK - Terabeam Wireless, the business name of YDI Wireless, Inc. (NASDAQ:YDIW), a leading developer and supplier of broadband wireless solutions, today announced that it has completed its previously-announced purchase of substantially all of the assets of Proxim Corporation (OTC: PROXQ). With the combined company's proven ...

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