Alvarion To Supply Latin American Telecom Operator With Additional Wireless
Voice And Data Solutions For $18 Million Network Expansion
Alvarion continues to support massive expansion of 3.5 GHz voice and
high-speed internet access network in rural and suburban regions
Tel-Aviv, Israel, April 14, 2004 – Alvarion Ltd. (NASDAQ: ALVR), the world’s
leading provider of
wireless broadband solutions, announced today that it has received an
additional order valued at $18 million for its advanced eMGW™ solutions from
a Latin American telecom operator for further expansion of its 3.5 GHz
wireless access network. The implementation of this phase of the expansion
is expected in the second half of 2004 and the beginning of next year.
Alvarion’s eMGW™ is a highly cost-effective point-to-multipoint fixed
wireless access system which supports carrier-class telephony, corporate
access and fast Internet access services. This solution is reliable, highly
scalable, and can be installed quickly.
“We are proud to continue our support for this massive infrastructure
initiative,” said Zvi Slonimsky, CEO of Alvarion. “We are also gratified
that this operator selected the eMGW™ as a cost-effective solution for
bringing new voice and data services to rural and suburban regions. We
believe that our proven technology and capability in handling large
implementations was a significant factor in our being selected again, and
our experienced team continues to work closely with the operator’s
deployment teams to ensure that this aggressive expansion project continues
to roll out smoothly.”
About Alvarion
With over 1.5 million units deployed in 130 countries, Alvarion is the
worldwide leader in wireless broadband providing systems to carriers, ISPs
and private network operators. Featuring the industry's most extensive
portfolio and covering the full range of frequency bands, the company's
products enable the delivery of business and residential broadband access,
corporate VPNs, mobile base station feeding, hotspot coverage extension,
community interconnection, and public safety communications. Alvarion works
with several leading OEM providers and through over 200 local partners to
support its diverse customer base in solving their last mile connection
challenges wherever located.
As an industry pioneer, Alvarion has been driving and delivering wireless
broadband innovations for 10 years from core technology developments to
creating and promoting industry standards. Most recently offering OFDM-based
systems and taking leading roles in the IEEE and HiperMAN standards, the
company's prominent work in the WiMAX ForumTM is focused on leading the
wireless broadband market to widespread adoption of standards-based
products.
For more information, visit Alvarion’s World Wide Web site at www.alvarion.com
This press release may contain forward -looking statements within the
meaning of the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. These statements are based on the current expectations
or beliefs of Alvarion’s management and are subject to a number of factors
and uncertainties that could cause actual results to differ materially from
those described in the forward -looking statements. The following factors,
among others, could cause actual results to differ materially from those
described in the forward-looking statements: inability to further identify,
develop and achieve success for new products, services and technologies;
increased competition and its effect on pricing, spending, third-party
relationships and revenues; as well as the inability to establish and
maintain relationships with commerce, advertising, marketing, and technology
providers and other risks detailed from time to time in filings with the
Securities and Exchange Commission.
Information set forth in this press release pertaining to third parties has
not been independently verified by Alvarion and is based solely on publicly
available information or on information provided to Alvarion by such third
parties for inclusion in this press release. The web-sites appearing in this
press release are not and will not be included or incorporated by reference
in any filing made by Alvarion with the Securities and Exchange Commission
which this press release will be a part of.
You may request Alvarion's future press releases or a complete Investor Kit
by contacting
Carmen Deville, Investor Relations: carmen.deville@alvarion.com or
760-517-3188
Contacts
Dafna Gruber, CFO Carmen Deville
+972 3 645 6252 760-517-3188
760-517-3187
dafna.gruber@alvarion.com
carmen.deville@alvarion.com