Alvarion Recognized as Broadband Wireless Market Share Leader Worldwide With Deployments in 130 Countries

Recent Pyramid Research Report Chronicles Company’s 45 Percent Market Share

Tel Aviv, Israel and Carlsbad, CA January 19, 2004 - Alvarion Ltd. (NASDAQ: ALVR), today announced that a recent report (November 2003) from Pyramid Research has recognized the company's leading position in the global Broadband Wireless Access market, measuring its market share at 45 percent. Participating in WCA's 10th Annual Technical Symposium and Business Expo in San Jose, CA from January 20 – 23 (booth #203), the company disclosed that its systems now provide service to millions of users in 130 countries with over 1.5 million CPEs deployed to date. Internal company calculations estimate that the total area covered is over 1 million square miles or roughly the size of Western Europe.

With products covering all major bands from 900 MHz to 28 GHz, Alvarion solutions are used by more than 3,000 global carriers, national ILECs, and other service providers. In North America alone, Alvarion systems provide broadband connections to users in over 5,000 cities and towns.

"In a market where many vendors claim leadership in one niche or another, Alvarion is the overall leader in BWA as demonstrated by actual commercial deployments of wireless broadband systems," remarked John Yunker, analyst at Pyramid Research. "And Alvarion is well positioned to lead the rapidly evolving WiMAX-Certified market in the years ahead."

Since donating the core technology to form the first wireless broadband standard ten years ago, Alvarion has had a significant leadership role in all major technology innovations in the industry to date. Most recently, the company leveraged its three years of OFDM deployments to help produce the 802.16a specification and lead its harmonization with ETSI, and to be a principal founder of the WiMAX Forum, a group chartered to ensure interoperable 802.16 systems. And in July 2003, the Company announced that it signed a strategic agreement with Intel to work together to incorporate Intel's pioneering IEEE 802.16 compliant silicon into the Company's coming line of next generation WiMAX-Certified, interoperable BWA systems.

"Our leadership position is a testament to the substantial technology investments we have made and our singular focus on broadband wireless access over the past decade," commented Zvi Slonimsky, CEO of Alvarion "Our comprehensive product portfolio allows our customers to have a winning business case whatever connectivity challenge they face. We are now proactively building on this foundation by leading the march to standards-based BWA solutions, and our WiMAX Forum work and collaboration with Intel are both aimed at realizing that vision."

The expected benefit of WiMAX-Certified systems to operators is the widespread availability of high-performance wireless systems that will support varied services such as high-speed data, voice and video, and feature vendor interoperability and dramatic cost reductions relative to today's proprietary systems.

About Alvarion
Alvarion is dedicated to delivering seamless wireless broadband networking infrastructure to carriers, ISPs and private network operators, in order to leverage their broadband opportunities into sustainable profits. Alvarion offers premier wireless broadband solutions for access in the last mile, backhauling connection to the backbone and private network connectivity. Featuring the industry's most extensive range of products and international support, Alvarion is a pioneering leader of the converged wireless broadband network. With over 1.5 million units deployed in 130 countries worldwide, Alvarion provides secure rich-media networks for business or residential Internet access, corporate VPNs, cellular base station feeding, community interconnection, public safety connectivity and extended Hotspots.

Having recently acquired InnoWave's wideband access portfolio and expertise, Alvarion provides a complete wireless solution that supports a wide range of frequency bands, customer profiles and service types.