3SOF

http://stockcharts.com/h-sc/ui?s=cimt&p=D&b=5&g=0&id=0

Radar CIMT, the next SMTX. It could easily double after huge earnings next month.

CIMT HIGHLIGHTS:

- Profitable

- Could earn 60c/share+ net income in 2010

- Strong balance sheet: 80c/share cash

- 86% gross margins

- trading at 0.4 P/S compared to 2.4 P/S for the sector

- In the last earnings report it gained 300%

- It has formed a strong base at $1.70

- It is starting to turn North in anticipation of earnings

- All its markets are recovering

- Several new products have been released lately

- Became a lean earnings machine as a result of belt-tightening last year

Here is the last earnings report and CC transcript...read between the lines....1Q and 2Q 2010 will be very strong.

http://www.cimatron.com/Main/download.aspx?FolderID=23&lang=en

2Q 2010 earning results will be out this afternoon 3/25/2010. This one reminds me of SMTX. Out of favor for a while, but a good earnings will put the company back on the map again.

I expect a nice report with an even stronger outlook. This one will be a double-digit stock again later this year.


WSCI HIGHLIGHTS:

- MARKET CAP $6.5M

- 2010 REVENUES: $20M+

- PROJECTED 2010 NET INCOME: 40C/SHARE

- FLOAT: 2.5M

- STRONG BALANCE SHEET: $1.2/SHARE CASH

- PRODUCTS GOING INTO RECOVERING MARKETS

- COULD SURPRISE TODAY

- MAJOR CUSTOMER POLARIS (PII) IS STRONG, OTHER SECTORS (ENERGY, ETC.) GAINING STRENGTH.

- WAS $17 TWO YEARS AGO

- HAS RECENTLY HIRED KEY POSITIONS TO DRIVE SALES AND TO DIVERSIFY INTO NEW MARKETS

- UNDER THE RADAR BUT NOT FOR LONG

WSCI could be a nice surprise today. If earnings are even a little better than last Q and the guidance bullish, it could fly to $5. I really like its strong balance sheet and the fact that they remained cash-flow positive throughout the severe economic downturn.


----- I GAVE YOU SMTX AT 80c NOW $2.75.....I AM NOT A BRAINLESS PUMPER...I AM GIVING YOU A CHANCE TO GET IT AT THE BOTTOM....AGAIN -----

SMTX $2.5 ...Up 22c. BREAKOUT ALERT!!!....14c/SH NET INCOME ..EXPECTS SEQUENTIAL GROWTH...TRADING AT 0.15 TIMES SALES ...8M SHARE FLOAT!!!!!


TARGET: $5+ AFTER MONSTER EARNINGS

Great entry point before the next Q earnings rally get started. SMTX is on a path to earn 80c/share+ net income this year due to exploding sales and lean cost structure. SMTX is trading at 0.15 P/S compared to the 0.8 P/S sector average. Investors are starting to discover SMTX...wise investors are loading up now while the MMs attempt to control the pps:

http://stockcharts.com/h-sc/ui?s=smtx&p=D&b=5&g=0&id=0


>>>>> BOTTOM LINE: $33M MARKET CAP WITH PROJECTED $240M REVENUE AND POTENTIALLY OVER $1/SHARE NET INCOME IN 2010 per CC LAST WEEK <<<<

INVESTMENT HIGHLIGHTS:


- Strong electronics contract manufacturer sector expected to grow 10%/year through 2015
- 8M share float
- Strong revenue and net income growth projected
- Per CC last week:...Very Strong Backlog
- Per CC last week:....1Q and rest of 2010 will be stronger
- Per CC last week:....Most customers building inventories
- Per CC last week:...5 news major customers
- Per CC last week:....All customers ramping up and building inventories
- Traded at $8+ two years ago
- Major players in sector (FLEX, JBL, SANM) have gained up to 800% in 2009/2010. SMTX needs to gain an additional 300% to catch up with competitors' valuations.
- Company hiring at all worldwide locations due to ramp up in order and backlog growth.
- Recent performance has caught analysts' interest. When coverage starts I expect to be a BUY to STRONG BUY with a target several times higher than today's ridiculous prices.


- HERE IS THE STRONG EARNINGS REPORT/GUIDANCE RELEASED LAST WEEK.


SMTC Reports Fourth Quarter Sequential Growth
prnewswire


Revenue increased 16%; Earnings from continuing operations up five-fold


TORONTO, March 10 /PRNewswire-FirstCall/ - SMTC Corporation (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, today reported 2009 fourth quarter unaudited results. Revenue for the quarter was $51.2 million increasing $7.0 million or 16% sequentially. Net earnings from continuing operations for the quarter of $2.4 million compares with $0.5 million in the third quarter of 2009 and $1.0 million for the comparable period last year. Net earnings after discontinued operations for the quarter of $2.2 million compares with net earnings of $0.2 million in the third quarter of 2009 and a net loss of $0.1 million for the fourth quarter of 2008. The Company produced $55.3 million in revenue in the fourth quarter of 2008, a period largely unaffected by the global recession.

Gross profit for the fourth quarter was $5.9 million or 11.5% of revenue compared with $3.7 million or 8.5% for the previous quarter and $4.8 million or 8.6% for the fourth quarter of 2008.


In spite of continuing North American economic headwinds, SMTC produced strong fourth quarter results with revenue and earnings from continuing operations increasing sequentially by 16% and over 400% respectively above the third quarter of 2009." stated John Caldwell, President and Chief Executive Officer. "Our revenue growth came from seven of our top ten customers together with five new customers at the early stage of ramping production. Our solid earnings performance reflects the effect of previous quarters' expense reduction initiatives and continuing cost containment measures. Unquestionably, 2009 was a difficult year as our customers' end markets were significantly adversely affected by the recession that ultimately impacted our revenue. However, through this period we were able to reduce costs and substantially increase overall profitability and margins."

".. we are experiencing continued strong order flow from longstanding and newer customers together with a strong opening backlog, which should result in continued sequential revenue growth in the first quarter, and continuing strength through the first half of the year." stated Mr. Caldwell.......(READ AGAIN)

SMTX $1.7..UP 5%...BREAKOUT ALERT...

COULD DOUBLE/TRIPLE AFTER EARNINGS AH TODAY....EXPLOSIVE PROFITABLE LOW FLOATER

DOUBLE-DIGIT NET INCOME IS LIKELY.....

http://stockcharts.com/h-sc/ui?s=smtx&p=D&b=5&g=0&id=0

Major competitors FLEX, JBIL, SANM have gained 500% - 500% since last year. In fact, SANM has gone from $1 to $17 in a year! SMTX needs to gain 300% - 500% to be at par with the sector.

SMTX is trading under 0.1 times sales even with recent gains. The sector averages 07 times sales. Lots of upside here.

The only reason SMTX has not kept up with the sector is because until February there was a potential of NASDAQ delisting for being under $1 for a while. That's not a dark cloud anymore


HIGHLIGHTS:

- Profitable
- 8M share float
- $20M market cap
- $210M+ revenues
- Last CC: Healthy increase in backlog
- Last CC: Revenues and net income will be go up this quarter. Profitable again.
- Last CC: Customers, new and old, expected to ramp up production in 2010
- Continues to reduce Long Term Debt every quarter
- Lowered break even point by $10M/quarter during recession
- Traded at $8+ two years ago
- Major players in sector (FLEX, JBL, SANM) have gained up to 500% in 2009 while SMTX is still under the radar
- Frequently mentioned as acquisition candidate because of heavy industry consolidation
- Company hiring at all worldwide locations due to ramp up in order and backlog growth.

SMTX trades at a Price - Sales ratio of 0.09 compared to the Industry average of 0.63. If SMTX traded at even HALF the sector average it would be $5.

In the last quarter, SMTX earned $.03 from continuing operations. The CEO said Q4 sales will be stronger, and 2010 sales will ramp up further. With the low cost structure, the earnings leverage from higher sales will be enormous.

The EMS sector is BOOMING driven by computer upgrades induced by Windows 7. IEC, CLS, SANM have posted best results in years.

The SMTX CEO, John Caldwell, is a corporate turnaround legend. He turned computer company GEAC computer around, it rose from $1 to $11 and was bought out.

The 2 most successful U.S. hedge funds- Bain Capital and Renaissance Capital, own SMTX. Renaissance has an army of engineers and MBA's scouring for undervalued stocks.

SMTX has slashed costs to the bone by closing its Boston plant. They will now be able to grow revenues and more importantly, MARGINS, with the cheap labor pool in the China and Mexico. I expect when SMTX hits $60 MM/quarter sales again it will have MUCH higher margins and could earn $0.20 per share per quarter!!!!

Do your DD on this one because it is not looking back. SMTX traded at $8 a couple of years ago. Now it has a much lower cost structure and half the long-term debt. Speaking of LT debt, SMTX has lowered it every quarter for the last 18 quarters....even at the height of the current economic meltdown.

PROFITABLE EARNINGS IN 2 WEEKS WILL LIFT THIS PUPPY TO $3++

Last Q Excerpts:

"Excluding the one off charges due to the sale of an older panamax vessel, our net income on an operating basis would have been about 11 cents per share, well above analyst expectations. OceanFreight is very privileged not to have any capital commitments at this time. With our proven access to capital and our track record of sourcing modern high quality tonnage with fixed employment we continue to renew our fleet and enhance the longevity of our cash flows. As of the day of this press release we have secured gross revenues of $115 million until the end of 2010 with 92% fleet charter coverage for the remainder of 2009 and 72% for 2010. We remain uniquely positioned among our competitors to use fresh capital to finance asset opportunities at historically low values, which we believe will be accretive to shareholder value over the long term."


Last week an analyst wrote:

"The shipping industry has been affected profoundly by the global recession, as measured by the Baltic Dry Index($BDI), which, after peaking in early July at 11,500, plunging to a low of 800 in early December; finally settled at 3,579 as of December 11, 2009. Economists expect a rebound from a collapse in trade, citing signs of production and purchase orders improvements from Asia, especially China.

"The Company appears to be positioned to profit from a rebound in maritime transportation for drybulk and energy commodities. Industry insiders believe the worst for the industry is over. India S. Hajara, chairman of Shipping Corporation recently told the Economic Times that the worst is most likely over for the maritime shipping business."

Remember, I brought you SMTX at 88c recently and it flew to $2.04 to settle in the $1.4 range. PRXM is the next one to fly.

Odumbahater? LOL...That makes two of us buddy. SMTX is going up because it is extremely undervalued. I expect a strong profitable quarter to be reported soon. My guess is 4 - 6c/share net income.  $3+ after earnings is not a pipe dream.

http://stockcharts.com/h-sc/ui?s=smtx&p=D&b=5&g=0&id=0

   
Major competitors FLEX, JBIL, SANM have gained 500% while SMTX has been dormant for a while. SMTX is waking up now. take a look at its chart and do some DD to find out about its strong fundamentals


HIGHLIGHTS:

- Profitable
- 6M share float
- $12M market cap
- $200M+ revenues
- Last CC: Healthy increase in backlog
- 4Q revenues and net income will be go up over 3Q. Profitable again.
- Last CC: Customers, new and old, expected to ramp up production in 2010
- Continues to reduce Long Term Debt every quarter
- Lowered break even point by $10M/quarter during recession
- Traded at $8+ two years ago
- Major players in sector (FLEX, JBL, SANM) have gained up to 500% in 2009 while SMTX is still under the radar
- Frequently mentioned as acquisition candidate because of heavy industry consolidation
- Company starting to hire heavily due to ramp up in order and backlog growth.


Excerpts of the 3Q earnings release:


TORONTO, Nov. 5 /PRNewswire-FirstCall/ - SMTC Corporation (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, today reported 2009 third quarter results. Revenue for the quarter increased sequentially by $5.0 million or 13% to $44.2 million.

Net income for the quarter at $0.2 million compares with net loss of $3.4 million in the second quarter of 2009 and net income of $0.1 million for the comparable period last year. Net income includes a $0.3 million net loss from discontinued operations, the result of the closure of the Company's Boston facility in the second quarter of 2009. Consequently, the Company recorded net income from continuing operations of $0.5 million. The second quarter of 2009 was also adversely affected by various write-offs and operational losses associated with the now closed Boston operation, without which the Company posted a modest profit."

"As expected, our third quarter results improved over the second quarter, thought to be the low point of the economic cycle. Earlier in the year, we took aggressive cost reduction actions including the closure of the Boston site to significantly lower our cost structure as we entered the global recession. As evidenced by this quarter's results, we successfully reduced our break-even cost position to remain profitable at a much lower revenue level," stated John Caldwell, President and Chief Executive Officer.

"As stated previously, given the uncertainty in the current economic climate and limited visibility in our customers' end markets, the Company will not be providing specific financial guidance. However, there are some early signs that the economy is showing some modest improvement. We continue to expect volatility quarter to quarter. We expect sequential growth in the fourth quarter through improved demand from certain longstanding customers and modest revenue from new customers that are ramping to full production in 2010. Our focus will continue to be on solid customer service, new customer acquisition, tight cost containment and working capital management," stated Mr. Caldwell.

Well Known Technology Analyst says:

Proxim May Benefit From Wireless Backhaul Growth


By Rich Teherani, CEO TMCnet

Wireless backhaul is one of the fastest-growing areas of the tech space as it seems almost no matter how poor the global economy does, consumers and businesses need more broadband on the go. And as the devices get more powerful and do more like download podcasts and watch videos, existing wireless infrastructure just can't keep up and as a result base stations need to be added and reinforced with more connectivity. It is difficult to predict anything slowing this trend down for at least five years.

One company playing in the space is Proxim Wireless and they recently debuted a 4G backhaul product line consisting of the Tsunami QB-8100 point-to-point and the Tsunami MP-8100 point-to-multipoint - solutions with throughput of up to 600Mbps.

I spent some time at the Proxim Wireless office in Milpitas, CA where I met with Robb Henshaw the Director of Marketing & Communications. We talked for a bit about how the company was focusing resources on municipal WiFi in past years and eventually found this market did not have the opportunity they believed.

Proxim's current focus is on ensuring more bandwidth over more distance and Robb commented that the iPhone shows carriers that that they were unprepared for the onslaught of wireless traffic which continues to come.

The backhaul market was already on a solid trajectory before broadband stimulus funds were to be rolled out. It seems apparent that vendors in this space are in a pretty solid position as the US government and demand for consumer electronics drives the need for ever-increasing broadband capacity.

The challenge for Proxim is the company's market cap is low at under $6 million which means they have little margin for error. But they are entering a rapidly growing space which could become a cash-cow rather quickly.

Although a speculative investment, Proxim could be a play on broadband stimulus funds and the need for ever-faster data pipes at cell towers. A lot of this company's future success depends on execution which is difficult to predict. What is known is that the tide is rising and Proxim's boat could rise as a result.

****Read all the recent excellent Proxim news in recenjt months. If Proxim was still in NASDAQ it could easily be a $3 stock now****

http://finance.yahoo.com/q/h?s=PRXM.PK

Proxim is steadily becoming a technology leader in the 4G/wifi/wimax/broadband/wireless sectors with over 130 patents and the recent launch of hot new products.

Read the steady string of powerful news for this $6M market cap technology powerhouse:

http://finance.yahoo.com/q/h?s=PRXM.PK


++++ PRXM HIGHLIGHTS:

- ONLY $5M MARKET CAP and REVENUES OF $30M+

- DELL STARTED SELLING DOZENS OF PROXIM PRODUCTS

- PRXM HAS HAS BEGAN SHIPPING SEVERAL NEW PRODUCTS AND SALES HAVE EXCEEDED MANAGEMENT'S EXPECTATIONS

- RECENT SIGNIFICANT INVESTMENT BY A JAPANESE COMPANY TO EXPEDITE PRODUCTION OF NEW 4-G TECHNOLOGY

- 4-G, WI-MAX, WI-FI, WIRELESS, BROADBAND TECHNICAL LEADER

- WILL BENEFIT FROM $4BILLION BROADBAND STIMULUS

- HUGE EXPANSION IN BRAZIL, INDIA, CHINA, RUSSIA

- WAS $4 STOCK TWO YEARS AGO

- HAS HIRED A COMPANY TO GO OVER A NUMBER OF ACQUISITION INQUIRIES RECENTLY

...................Good luck in 2010!!

Buyout rumors floating around. Someone must know something. SMTX went from trading 10,000 shares a day to over a million shares today???

The contract electronics sector is undergoing major consolidation.

Who would not want to buy a well ran profitable company with shrinking debt and a 80% extra capacity AND trading at 0.1 times sales?? Fair price is around $5 if you ask me...and that would still be considered a steal.

SMTX traded at $8/share 2 years ago when the debt load was twice what it was today and the cost structure 40% higher. SMTX is now lean and mean and ready to rake in some major profits.

The company announced during the last CC that the backlog for this quarter is much stronger than recent past and that it has had some major wins.


GOOD LUCK !!!!

4G.....WIFI...WIMAX....WIRELESS....BROADBAND.....OWNS OVER 130 PATENTS....TRADING AT 0.1 TIMES SALES.

DELL NOW SELLING DOZENS OF PROXIMS PRODUCTS!!!

http://search.dell.com/results.aspx?s=bsd&c=us&l=en&cs=04&k=proxim&cat=all&x=0&y=0&ST=proxim&dgc=ST&cid=40120&lid=1027775&acd=73691%2c8%2c357583%2c81790464%2c715724210%2c1258773909%2c%2c17635294%2c4033508835&sort=-price


- ONLY $5M MARKET CAP AND $40M REVENUES AND GROWING
- WILL BENEFIT FROM $4BILLION BROADBAND STIMULUS
- DELL STARTED SELLING DOZENS OF PROXIM PRODUCTS
- PRXM HAS HAS BEGAN SHIPPING SEVERAL NEW PRODUCTS AND SALES HAVE EXCEEDED MANAGEMENT'S EXPECTATIONS
- RECENT SIGNIFICANT INVESTMENT BY A JAPANESE COMPANY TO EXPEDITE PRODUCTION OF NEW 4-G TECHNOLOGY
- 4-G, WI-MAX, WI-FI, WIRELESS, BROADBAND TECHNICAL LEADER
- $30 MILLION REVENUES and GROWING
- $5M MARKET CAP
- HUGE EXPANSION IN BRAZIL, INDIA, CHINA, RUSSIA
- WAS $4 STOCK TWO YEARS AGO
- 10 MILLION SHARE FLOAT
- CHECK OUT THE GREAT NEWS AT YAHOO FINANCE PRXM.PK


****** HERE IS TODAY'S IMPRESSIVE AWARD FOR COST-EFFECTIVE TECHNOLOGY *******

Wireless Intelligent Transportation System (ITS) Wins Award for Saving LA County $7 Million

Proxim and Systems Integrated Selected by Los Angeles County to Provide Wireless Communications to 1,000 Traffic Signals; Wireless ITS Used to Reduce Traffic Congestion and Improve Commute Times

Tuesday November 17, 2009

SILICON VALLEY, CA--(Marketwire - 11/17/09) - Proxim Wireless Corporation (OTCQX: PRXM) (Pinksheets:PRXM - News), a leading provider of end-to-end broadband wireless systems, and Systems Integrated (SI) announced today that their deployment of the County of Los Angeles Department of Public Works' wireless communication system earned a 2009 National Association of Counties Achievement Award.

This honor is presented each year to county officials, their employees and the counties themselves to recognize the creativity and imagination of counties across the nation.

Wireless radio installation reduced both the set up and operating costs for signal communication while also assisting the County's goal to reduce traffic problems for the travelling public. The County of LA estimated that utilization of Proxim's wireless technology to connect the 1,000 traffic intersections saved the County's ITS program $7 million in costs over traditional copper or fiber optic installations. Additionally, the County of LA estimated that the use of Proxim's radios will save the County $708,000 annually versus the cost of leased telephone lines.

"The ability to deploy a wireless communications network for monitoring the operation of 1,000 traffic signals is a huge enabler of productivity for LA County, and will go a long way towards the County's goal to reduce congestion and enable real-time traffic signal monitoring," said John Holbrook, General Manager of SI. "We've found that Proxim's broadband wireless technology not only provides the best performance for delivering bandwidth intensive applications like video, but it is also the most cost-effective solution on the market. As a result, we have used Proxim's equipment exclusively throughout this deployment."


"More cities and counties are realizing that wireless technology can save them a lot of money in both up front and recurring costs, and in the case of LA County, wireless technology was able to help save $7 million in costs up front, and an additional $708,000 annually -- money which can now be reallocated to education, healthcare and other endeavours," said Pankaj Manglik, CEO of Proxim. "Especially in these economic times, the ability for cities and counties to save money on IT costs enables them to put that money where it's truly needed. And as we've seen with LA County and others, wireless technology not only saves the county money, but it is a great enabler for Intelligent Transportation Systems (ITS), which increases the quality of life for citizens by reducing smog and their commute times."

4G.....WIFI...WIMAX....WIRELESS....BROADBAND.....OWNS OVER 130 PATENTS....TRADING AT 0.1 TIMES SALES.

DELL NOW SELLING DOZENS OF PROXIMS PRODUCTS!!!

http://search.dell.com/results.aspx?s=bsd&c=us&l=en&cs=04&k=proxim&cat=all&x=0&y=0&ST=proxim&dgc=ST&cid=40120&lid=1027775&acd=73691%2c8%2c357583%2c81790464%2c715724210%2c1258773909%2c%2c17635294%2c4033508835&sort=-price


- ONLY $5M MARKET CAP AND $40M REVENUES AND GROWING
- WILL BENEFIT FROM $4BILLION BROADBAND STIMULUS
- DELL STARTED SELLING DOZENS OF PROXIM PRODUCTS
- PRXM HAS HAS BEGAN SHIPPING SEVERAL NEW PRODUCTS AND SALES HAVE EXCEEDED MANAGEMENT'S EXPECTATIONS
- RECENT SIGNIFICANT INVESTMENT BY A JAPANESE COMPANY TO EXPEDITE PRODUCTION OF NEW 4-G TECHNOLOGY
- 4-G, WI-MAX, WI-FI, WIRELESS, BROADBAND TECHNICAL LEADER
- $30 MILLION REVENUES and GROWING
- $5M MARKET CAP
- HUGE EXPANSION IN BRAZIL, INDIA, CHINA, RUSSIA
- WAS $4 STOCK TWO YEARS AGO
- 10 MILLION SHARE FLOAT
- CHECK OUT THE GREAT NEWS AT YAHOO FINANCE PRXM.PK


****** HERE IS TODAY'S IMPRESSIVE AWARD FOR COST-EFFECTIVE TECHNOLOGY *******

Wireless Intelligent Transportation System (ITS) Wins Award for Saving LA County $7 Million

Proxim and Systems Integrated Selected by Los Angeles County to Provide Wireless Communications to 1,000 Traffic Signals; Wireless ITS Used to Reduce Traffic Congestion and Improve Commute Times

Tuesday November 17, 2009

SILICON VALLEY, CA--(Marketwire - 11/17/09) - Proxim Wireless Corporation (OTCQX: PRXM) (Pinksheets:PRXM - News), a leading provider of end-to-end broadband wireless systems, and Systems Integrated (SI) announced today that their deployment of the County of Los Angeles Department of Public Works' wireless communication system earned a 2009 National Association of Counties Achievement Award.

This honor is presented each year to county officials, their employees and the counties themselves to recognize the creativity and imagination of counties across the nation.

Wireless radio installation reduced both the set up and operating costs for signal communication while also assisting the County's goal to reduce traffic problems for the travelling public. The County of LA estimated that utilization of Proxim's wireless technology to connect the 1,000 traffic intersections saved the County's ITS program $7 million in costs over traditional copper or fiber optic installations. Additionally, the County of LA estimated that the use of Proxim's radios will save the County $708,000 annually versus the cost of leased telephone lines.

"The ability to deploy a wireless communications network for monitoring the operation of 1,000 traffic signals is a huge enabler of productivity for LA County, and will go a long way towards the County's goal to reduce congestion and enable real-time traffic signal monitoring," said John Holbrook, General Manager of SI. "We've found that Proxim's broadband wireless technology not only provides the best performance for delivering bandwidth intensive applications like video, but it is also the most cost-effective solution on the market. As a result, we have used Proxim's equipment exclusively throughout this deployment."


"More cities and counties are realizing that wireless technology can save them a lot of money in both up front and recurring costs, and in the case of LA County, wireless technology was able to help save $7 million in costs up front, and an additional $708,000 annually -- money which can now be reallocated to education, healthcare and other endeavours," said Pankaj Manglik, CEO of Proxim. "Especially in these economic times, the ability for cities and counties to save money on IT costs enables them to put that money where it's truly needed. And as we've seen with LA County and others, wireless technology not only saves the county money, but it is a great enabler for Intelligent Transportation Systems (ITS), which increases the quality of life for citizens by reducing smog and their commute times."

   
THE GOVERNMENT WILL START THE $4 BILLION STIMULUS TO PROVIDE BROADBAND IN RURAL AREAS....PROXIM'S STRONGEST AREA. DO YOUR DD

- RECENT SIGNIFICANT INVESTMENT BY A JAPANESE COMPANY TO EXPEDITE PRODUCTION OF NEW 4-G TECHNOLOGY
- 4-G, WI-MAX, WI-FI, WIRELESS, BROADBAND TECHNICAL LEADER
- $30 MILLION REVENUES and GROWING
- $5M MARKET CAP
- HUGE EXPANSION IN BRAZIL, INDIA, CHINA, RUSSIA
- WAS $4 STOCK TWO YEARS AGO
- 10 MILLION SHARE FLOAT
- CHECK OUT THE GREAT NEWS AT YAHOO FINANCE PRXM.PK


12 MONTH TARGET: $3 - $4

Proxim Wireless Receives $5 Million Strategic Investment From SRA to Advance WiMAX and 4G
Leading Global Provider of Wireless/Mobile Solutions Invests in Proxim for Enhanced Broadband & 4G Wireless Partnership

SILICON VALLEY, CA- Proxim Wireless Corporation (OTCQX: PRXM) (Pinksheets:PRXM - News), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today announced that it has received an equity investment of $7.5 million, with $5 million coming from SRA OSS, Inc. (www.sraoss.com), a wholly owned subsidiary of SRA Holdings, Inc. of Japan (www.sra.co.jp), a publicly held company listed on the Tokyo stock exchange (JP3817), and the rest coming from existing investors (through a combination of new investment and cancellation of debt). SRA is a software and services company and a leading provider of software for 4G, WiMAX, mobile devices (smart/cell phones, PDA), Wi-Fi, and broadband & wireless security solutions. The company's investment in Proxim will aid in the continued development and marketing of Proxim's WiMAX and 4G wireless solutions for the carrier, service provider, government and enterprise markets.

SRA chose to invest in and partner with Proxim Wireless for the development of 4G products based on Proxim's long history of innovation in the broadband wireless access (BWA) market. The combined wireless hardware and software expertise of Proxim and SRA will help to advance the ongoing development of high-performance, cost-effective WiMAX and 4G wireless products, services and solutions for carriers, service providers, governments and enterprises of all sizes.

"At Proxim, we have a long history of developing broadband wireless access and backhaul solutions, and this investment will help us push even further into our target markets with an emphasis on 4G technologies," said Pankaj Manglik, President and CEO of Proxim Wireless. "SRA brings a wealth of wireless software solutions and services expertise, which will help round out our carrier, service provider, government and enterprise solutions portfolio worldwide."

"As one of the world's premier providers of wireless and mobile software solutions, we have extensive expertise in WiMAX and 4G wireless systems," said Dr. Rao Papolu, President at SRA OSS. "Proxim Wireless is a natural fit as a partner given their end-to-end broadband wireless portfolio. Not only are we excited about the combination of our two companies' technologies, but the combination of our collective worldwide carrier, enterprise and channel relationships will also be very Beneficial.

Target: $3+ after earnings November 5

SMTX is expected to report strong results when it releases earnings on November 5, 2009 and will do what competitors JBL, FLEX, and SAMN have done which is to gain over 300% since March. SMTX is still under the radar but it is ready to explode.

This electric contract manufacturer has strong ties with customers worldwide. In its last quarterly report, the company reported that it has not lost any customers only that their customers were working their inventories. Its competitors have recently reported strong earnings results because customers are starting to rebuild inventories.

Jim Cramer is very bullish on the whole sector and gave it a "Strong Buy" rating last month. SMTX has lagged behind because of delisting concerns because it is an under-1 stock. However, the company has recently received an extension by NASDAQ until May 2010.My guess is that SMTX will go well above $2 after its earnings report on November 5, 2009. The stock has already started to trend up.

Despite the very challenging conditions the last few quarters SMTX has remained cash-flow positive and has steadily its long-term debt to about $15M from over $40 million 3 years ago. SMTX through cost cutting and optimization is poised to deliver explosive earnings as the economy recovers. Two years ago it reported over 70c/share net income and the stock flew to $8

SMTX has over $200 MILLION in annual sales and trades at a Price/Sales ratio of 0.06 compared to 0.54 INDUSTRY AVERAGE and has a tiny 6 MM float. 2.5 MM of the 6 MM float is institutional owned, so the "available" float is 3.5 MM.