Proxim Wireless and Oceanic Broadband Keep the National Bank of Vanuatu Connected

Silicon Valley, CA (February 7, 2012) – Proxim Wireless Corporation (OTC Markets: PRXM), a leading provider of complete outdoor wireless backhaul systems, announced today that Oceanic Broadband Solutions Pty. Ltd., a leading telecommunications service provider in Asia Pacific, has deployed Proxim’s wireless backhaul solutions to provide connectivity for the National Bank of Vanuatu (NBV). Oceanic deployed Proxim’s Tsunami® QuickBridge MIMO Integrated 8100 products to connect 22 of the bank’s branch office locations.

“When the National Bank of Vanuatu came to us seeking a more reliable, cost-effective solution for connecting their many branch office locations, we knew that wireless was the best way to meet their needs,” said Tony Waters, Director of Oceanic Broadband. “Proxim’s wireless backhaul solutions were a natural fit, as it provides high performance and reliability at a fraction of the cost of fiber solutions.”

As part of the complete wireless solution for NBV, Oceanic has installed Proxim Wireless links from NBV’s head office to their Disaster Recovery Centre, where an Oceanic VSAT HUB is located. The Proxim Wireless products support all of the data and voice connections between all branch office locations while providing up to 15x the performance of previously installed solutions.

Oceanic has utilized a combination of solar, wind and battery technology to provide continuous power for the wireless links, as well as for the NBV branch office locations. As a result, even when storms or natural disasters cut off the power, the wireless network continues to provide service to NBV and its many branch locations.

“Proxim has worked with Oceanic on high performance, mission critical wireless networks in the past, and we are pleased to be able to deliver products for yet another reliable system,” said John Marcos, Regional Sales Manager at Proxim Wireless. “Due to Proxim’s superior indoor and outdoor broadband wireless solution portfolio we were able to provide the right mix of products for a completely customized solution.”

About Oceanic Broadband

Oceanic Broadband provides high speed, business grade satellite internet, telephony and IPTV services throughout Australia and the Pacific Islands. We specialize in providing end-to-end design solutions, installation, training and support for wireless and satellite broadband networks

One of our objectives is to assist disadvantaged communities in Asia Pacific by getting them connected and providing low cost internet, voice and TV services.

About Proxim Wireless

Proxim Wireless Corporation (OTC Markets: PRXM) provides Wi-Fi®, Point-to-Point and Point-to-Multipoint 4G wireless network technologies for wireless internet, video surveillance and backhaul applications. Our ORiNOCO® and Tsunami® product lines are sold to service providers, governments and enterprises with over 2 million devices shipped to 250,000+ customers in more than 65 countries worldwide. Proxim is ISO 9001-2008 certified. For more information, visit www.proxim.com. For investor relations information, e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call +1 413-584-1425

Safe Harbor Statement

Statements in this press release that are not statements of historical facts are forward-looking statements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from the results anticipated in these forward-looking statements. The forward-looking statements involve risks and uncertainties that could contribute to such differences including difficulties in overcoming the network installation and operational challenges relating to any specific customer or geographical area; factors beyond our control such as weather, geographic, governmental, and interference issues that may increase the costs and difficulties of wireless deployments; ability of backup power systems to continue to supply necessary power during severe weather or natural disasters; specific requirements of a given customer in their specific situations; whether the deployment will achieve the desired objectives of any given customer; and difficulties or delays in supplying products with the features, performance, compliances, certifications, cost, price, quality, and other characteristics desired by customers. Further information on these and other factors that could affect Proxim's actual results is contained in the filings made by Proxim with the OTC Markets (available at www.otcmarkets.com), including without limitation in the Annual Report filed by Proxim on March 30, 2010, and is and will be contained in its other public statements, which may be available on Proxim's website (www.proxim.com).