| Business Summary | | Proxim,
Inc.
designs,
manufactures
and
markets
high
performance
wireless
local
area
networking
products
and
building-to-building
network
products
based
on
radio
frequency
(RF)
technology.
The
Company
focuses
on
supplying
spread
spectrum
RF
transceiver
modules
and
wireless
LAN
adapters
to
OEM
customers
for
integration
into
mobile
computing
platforms,
handheld
data
terminals
and
portable
peripheral
devices.
Proxim
designs
its
products
to
be
small,
lightweight,
cost-effective
and
power
efficient.
In
addition,
its
Symphony
and
Symphony
HomeRF
products
are
designed
to
meet
the
ease
of
use
requirements
of
the
emerging
home
PC
networking
market.
The
Company
offers
wireless
networking
products
based
on
2.4
GHz
frequency
hopping
spread
spectrum
technology,
2.4
GHz
direct
sequence
spread
spectrum
technology
and
900
MHz
direct
sequence
technology.
The
Company
also
offers
high
performance
building-to-building
wireless
products
that
operate
in
the
unlicensed
2.4
GHz
and
5.0
GHz
frequency
bands. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Proxim
designs,
manufactures
and
markets
wireless
local
area
networking
('LAN')
products
based
on
radio
frequency
technology
that
enable
mobile
computer
users
to
access
host-based
and
local
area
networks.
For
the
six
months
ended
6/30/01,
revenue
increased
18%
to
$52.8
million.
Net
loss
totaled
$71.8
million
vs.
an
income
of
$2.5
million.
Revenues
benefited
from
the
sale
of
new
products.
Net
loss
reflects
the
charge
for
impairment
of
goodwill
and
purchased
intangible
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| David King, 41 Chairman,
Pres, CEO | $294K | $14.6M | Keith Glover, 44 CFO,
VP of Fin. and Admin. | 180K | 2.3M | Kurt Bauer, 41 VP
and Gen. Mang. of Worldwide Sales, Marketing, and Customer Support | -- | -- | Juan Grau, 43 VP
- Engineering | 199K | 4.2M | Jeffrey Saper, 53 Sec.,
Director | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|