Proxim Receives $7.5M Investment (Unstrung.com)

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SILICON VALLEY, Calif. — Proxim Wireless Corporation (OTCQX: PRXM ), 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 (SHIFTOUT …


Investment scheme lands Aussie in jail (Brisbane Times)

A 64-year-old Australian businessman allegedly involved in dubious gold investment schemes in Thailand is being held in a Thai prison.

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