P-Com, Telaxis Terminate Merger Agreement

CAMPBELL, Calif., and SOUTH DEERFIELD, Mass., Jan. 15 -- P-Com Inc., a provider of wireless telecom products and services, and Telaxis Communications Corp., a developer of wireless fiber optic connectivity products, announced they have mutually terminated their definitive merger agreement. The two companies are continuing discussions relating to a possible merger or other strategic transaction between them.

For more information, visit: www.p-com.com

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