Alvarion To Supply Latin American Telecom Operator With Additional Wireless Voice And Data Solutions For $18 Million Network Expansion.Business Editors/High-Tech Writers TEL-AVIV, Israel--(BUSINESS WIRE)--April 14, 2004 Alvarion continues to support massive expansion of 3.5 GHz voice and high-speed internet See broadband. access network in rural and suburban regions 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), the world's leading provider of wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 solutions, announced today that it has received an additional order valued at $18 million for its advanced eMGW(TM) 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(TM) is a highly cost-effective point-to-multipoint fixed wireless access system which supports carrier-class telephony, corporate access and fast Internet access See how to access the Internet. 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alvarion. "We are also gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that this operator selected the eMGW(TM) 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 (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and 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 (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 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 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. 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 Carmen throws over lover for another. [Fr. Lit.: Carmen; Fr. Opera: Bizet, Carmen, Westerman, 189–190] See : Faithlessness Carmen the cards repeatedly spell her death. [Fr. Deville, Investor Relations Investor relations The process by which the corporation communicates with its investors. : carmen.deville@alvarion.com or 760-517-3188 |
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