Alvarion Announces Installation by Titan Wireless of BWA Networks in Three Additional Countries.Business Editors/High-Tech Writers TEL-AVIV, Israel--(BUSINESS WIRE)--Jan. 30, 2002 Alvarion Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALVR), a leading provider of Broadband Wireless See wireless broadband. Access (BWA (Broadband Wireless Access) High-speed wireless access. Typically refers to wireless last mile access to the Internet. See WiMAX and broadband. ) solutions, today announced that Titan Wireless has completed the installation of Alvarion networks in the 3.5GHz and 10.5GHz frequency bands in Bangladesh, Cameroon, and Ghana, and that its subsidiary, Sakon, has begun providing broadband data and Internet services to corporate customers in each of these markets. Titan Wireless, the wireless telecommunications arm of The Titan Corporation (NYSE NYSE See: New York Stock Exchange :TTN TTN Technology Transfer Network TTN Titin TTN Transient Tachypnea of the Newborn TTN Technology Transfer Node TTN Trenton, NJ, USA - Mercer County (Airport Code) TTN Total Traffic Network ), is rolling out broadband services in many developing regions throughout the world, primarily in Africa, Central Asia, and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Sakon, a subsidiary of Titan Wireless, seeks to provide integrated high-speed data, Internet, and value-added services to individuals, businesses, and public sector organizations in developing and newly developed countries. Sakon's Frame Relay/ATM/IP network transports voice and data to markets around the world. Through its network, Sakon is able to offer customers dedicated Internet access See how to access the Internet. , Virtual Private Networks, clear-channel voice, Voice over IP, and Videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems services. This portfolio can be of great value to corporate customers needing to communicate securely and reliably with their offices, mobile sales force, business partners, vendors, and customers. The superb performance of Alvarion's cutting-edge technology convinced Titan Wireless that it was ideal for broadband service deployment in regions with inadequate copper telecommunications infrastructure. So far, Titan Wireless has completed the installation of its BWA networks in Dhaka, Douala, and Accrah, the capital cities of Bangladesh, Cameroon, and Ghana, and plans to expand soon to other major cities in these countries. Sakon has already begun to provide broadband data and Internet services to many corporate customers in these cities, including multi-national corporations, banks, hotels, and to Bangladesh's Chittagong Stock Exchange Chittagong Stock Exchange is a stock exchange located in the port city of Chittagong in southeastern Bangladesh. It was established in 1995 as the second stock exchange of the country. The exchange is located in the Agrabad commercial area of the city. . Commenting on the news, Amine amine (əmēn`, ăm`ēn): see under amino group. amine Any of a class of nitrogen-containing organic compounds derived, either in principle or in practice, from ammonia (NH3). Doukkali, President & COO of Sakon.LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ,, said, "Our BWA deployments in these regions are important steps toward realizing our goal of becoming a leading provider of broadband services to corporate customers in developing countries. Alvarion's quick and cost-effective installation supports our need to offer highly reliable, end-to-end, business-class broadband services in these regions at attractive prices." Tzvika Friedman, President & COO of Alvarion, added, "We are pleased that Titan Wireless has turned to Alvarion again for an advanced and comprehensive network solution for developing regions. Our market leadership reflects the strength of our value proposition: proven technology and a wealth of experience, combined with technological and financial depth. We hope to continue partnering with them as they bring state-of-the-art telecommunications capabilities to the developing world." About Alvarion Alvarion is a powerhouse of point-to-multipoint broadband wireless access (BWA) solutions for telecom carriers, service providers, and Enterprises worldwide. Alvarion's systems are used to provide Internet access and voice and data services for subscribers in the last mile, as well as for cellular network feeding, building-to-building connectivity, and wireless local area networks (LANs). Alvarion, which was formed by the merger of BreezeCOM and Floware, offers the broadest range of BWA solutions by market segment and frequency band. Its solutions are designed to address all carriers' and service providers' business models. With the combined market experience of its founding companies, a strong customer base, diversified distribution channels and field-proven deployments, Alvarion is the leading BWA pure-play provider for all types of end-users, from residential subscribers to business customers. For more information, visit Alvarion's World Wide Web site at http://www.alvarion.com. This press release may contain forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. You may register to receive Alvarion's future press releases or to download a complete Digital Investor Kit(TM) including press releases, regulatory filings and corporate materials by clicking on the "Digital Investor Kit(TM)" icon at www.kcsa.com. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion