Proxim Third Quarter 2004 Earnings Conference Call Information SUNNYVALE, Calif., Oct. 12 /PRNewswire-FirstCall/ -- Proxim Corporation (NASDAQ:PROX), a global leader in wireless networking equipment for Wi-Fi and broadband wireless networks, will announce its third quarter 2004 financial results on Tuesday, October 26, 2004 after the stock market closes. There will be a conference call at 5:00 p.m. Eastern Time hosted by Frank Plastina, Proxim's Chairman and Chief Executive Officer. The call may be accessed by telephone and it will also be webcast live over the Internet. Dial-In Information To listen to the conference call via telephone, dial 719-457-2696 at least five minutes prior to the scheduled start time. Webcast Information To listen to the webcast, go to http://www.proxim.com/, and click on the link titled "Proxim Announces Third Quarter 2004 Results Call." The minimum requirements to listen include sound capabilities on your personal computer and installation of RealPlayer software available at no cost for Windows 95/98, Windows 3.1, Windows NT, Macintosh, and UNIX systems from Real Audio, http://www.real.com/. The call will be archived immediately following the conference call and will remain available at http://investor.proxim.com/ . Additionally, the conference call will be available on a recorded telephone archive by calling toll free 888-203-1112 and entering pass code 925453, beginning Tuesday, October 26, 2004 at 8:00 p.m. Eastern Time until midnight Eastern Time on Wednesday, November 3, 2004. For international callers, the recorded telephone archive is available by calling the following toll number: 719-457-0820 and entering pass code 925453. About Proxim Proxim(R) Corporation is a global leader in wireless networking equipment for Wi-Fi and broadband wireless networks. The company provides enterprise and service provider customers with wireless solutions for the mobile enterprise, security and surveillance, last mile access, voice and data backhaul, public hot spots, and metropolitan area networks. Product families include the Award-winning ORiNOCO Wi-Fi products, Tsunami Ethernet bridges, and Lynx point-to-point digital radios. Proxim is a principal member of the WiMAX Forum(TM) and a member of the Wi-Fi(R) Alliance. The company is publicly traded on the NASDAQ under the symbol PROX and is on the Web at http://www.proxim.com/. DATASOURCE: Proxim Corporation CONTACT: Ben Gibson of Proxim Corporation, +1-408-542-5366, or Web site: http://www.proxim.com/

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