SAN JOSE, Calif. -- Proxim Wireless Corporation, a global pioneer of end-to-end solutions in Wi-Fi mesh, WiMAX, WLAN, and wireless backhaul and wholly owned subsidiary of Terabeam, Inc. (NASDAQ:TRBM - News), today announced that Max Telecom Ltd., a newly established telecom operator offering a full spectrum of telecommunication services, has selected Proxim's WiMAX product line and network management system to build a broadband wireless network serving Bulgaria's domestic and business customers. Bulgaria, which is located in Southeastern Europe, has a population of nearly eight million people.

Max Telecom is deploying Proxim Tsunami MP.16 WiMAX base stations and subscriber units first in major cities like Sofia and Plovdiv, then country-wide in 2007. The company plans to offer its customers a broad portfolio of services that support the "triple play" of Internet access, voice-over-IP (VoIP), and video streaming. To help install and support the network, Max Telecom is working with VIDEOMAX AVS, a Proxim Wireless Platinum Partner and leading provider of end-to-end broadband solutions for the Bulgarian market.

"Proxim Wireless and VIDEOMAX AVS are helping us bring to the Bulgarian market a new dimension in fast data access by replacing existing expensive links and providing customers with an inexpensive upgrade from dial-up to broadband," said Krassimir Stoitcheff, Chief Executive Officer, Max Telecom. "Proxim's WiMAX TDD-based products and network management system offer us the best price/performance available and an easy upgrade path to 802.16e when it is available. We are pleased to have Proxim as our partner as we offer our customers, who will no longer be constrained by the limitations of cable, faster and more reliable Internet access and other services at significantly reduced prices."

Proxim Wireless Corp.