Proxim Mergers and Acquisitions Presentation Deck

Proxim Financial Model Gross Profit** R & D* S, G & A* FY'98 FY'99 FY'00 48% 48% 15% 13% Q4'00 47% 48% Income from Operations* 10% 15% 11% 10% 23% 20% 18% 18% 17% 20% * Excludes one-time charges and amortization of goodwill ** Excludes amortization of intangibles and one-time charge in Q2'00 netopia. Current Target 46-48% 10-12% 20-22% 14-16% proxim

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