BreezeCOM and Floware to Present Advantages of Fixed Wireless for New Operators at the WCA 2001: Broadband Now Convention.Business Editors TEL-AVIV and YEHUDA, Israel--(BUSINESS WIRE)--June 19, 2001 BreezeCOM 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 : BRZE) -- BreezeCOM Slashes Deployment Time With Plug-and-Play Subscriber Unit -- Floware Will Feature ArcTel Case Study To Illustrate BWA Business Model BreezeCOM Ltd. (NASDAQ: BRZE) and Floware Wireless Systems Ltd. (NASDAQ: FLRE FLRE Federal Lands Recreation Enhancement (Canadian act) ) today announced that members of senior management of both companies will be attending the Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. Association 2001 Convention to take place from June 24-27 in Boston's World Trade Center and will be presenting the advantages of Broadband Wireless Access (BWA (Broadband Wireless Access) High-speed wireless access. Typically refers to wireless last mile access to the Internet. See WiMAX and broadband. ) technologies for operators targeting a range of customers - from SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. (small-to-medium Enterprise) and MTU (1) (Maximum Transmission Unit, Maximum Transfer Unit) The largest frame size that can be transmitted over the network. For example, an Ethernet MTU is 1,500 bytes. Messages longer than the MTU must be divided into smaller frames. (multi-tenant unit) to SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. (small-office-home-office) and residential markets. As confirmed by independent research, BWA last mile solutions deliver profitability for new carriers more quickly than other solutions, including DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary . (Ovum: Broadband Access: New Business Models; September 2000). Not only does BWA result in profitable business within one-two years, it provides the marketing and service flexibility to ensure favorable competitive positioning over the long term. At the WCA (Web Clipping Application) An application for a Palm PDA that accepts an abbreviated version of a Web page for efficient display on the PDA's limited screen size. forum, BreezeCOM's President and 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. , Zvi Slonimski, and other members of senior management will unveil BreezeCOM's new Plug-and-Play residential CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises. CPE - Customer Premises Equipment for the MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. licensed frequency band, the SU-R. This unit, which integrates all components into one easy-to-install module, will eliminate the installation bottleneck plaguing new licensed band operators by enabling end-users to install BWA terminals independently. In addition, BreezeCOM will explain how alternative network operators worldwide -- including ISPs, mobile operators, utility companies and satellite networks - leverage existing assets (licenses, locations, subscriber bases, and support teams) for new revenue-producing services based on Fixed Wireless technology. Senior members of Floware's management team will present the success story of ArcTel, one of Germany's leading operators, for which Siemens ICN ICN International Council of Nurses. has deployed a WALKair BWA network. ArcTel's CEO will join Floware in discussing how they are using WALKair's cost-effective multi-service platform to achieve rapid network deployment, and how its services address the need of Germany's demanding SME market. About BreezeCOM BreezeCOM is the leading provider of Broadband Wireless Access (BWA) solutions used by service providers and enterprises. Its products provide a wireless alternative to wired access solutions, such as DSL and cable modems, and facilitate indoor and outdoor, as well as fixed and mobile wireless LAN connectivity. BreezeCOM products are based on a packet switching point-to-multipoint wireless platform, optimized for high-speed Internet and intranet access. Core technologies include spread spectrum radio, digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). , modems, networking protocols and VLSI VLSI: see integrated circuit. (1) (Very Large Scale Integration) Between 100,000 and one million transistors on a chip. See SSI, MSI, LSI and ULSI. (2) (VLSI Technology, Inc., Tempe, AZ, www.semiconductors. . For more information on BreezeCOM, visit www.breezecom.com. About Floware Floware Wireless Systems Ltd. is a leading provider of point-to-multipoint fixed broadband wireless access (BWA) systems. These systems are used mainly by new carriers (CLECs) which connect business customers in the "last mile." Floware's WALKair system enables carriers to provide high-speed Internet access, as well as a wide range of voice and data services, on the 3.5, 10.5, and 26 GHz radio frequency bands. Floware currently has more than 60 deployments worldwide. For more information, visit Floware's website at www.floware.com. About the Merger between BreezeCOM and Floware On April 5, 2001, BreezeCOM and Floware entered into an agreement and plan of merger pursuant to which, upon satisfaction of certain conditions, Floware will merge into BreezeCOM. Both companies believe that the merger will create a leading global provider of point to multi-point solutions, a "one stop BWA shop", offering cost - effective solutions for operators providing services to markets ranging from SME (small-to-medium enterprise) and MTU (multiple-tenant units) to SOHO (small-office-home-office) and residential markets. About WCA: Wireless Communications Association International Founded in 1988, the Wireless Communications Association International (WCA) is the principle non-profit trade association representing the fixed wireless broadband industry. WCA membership, which includes the fixed wireless broadband industry's leading carriers, vendors and consultants, has grown to more than 450 member companies spanning six continents. The WCA's mission is to advance the interests of the wireless carriers that provide high-speed data, internet, voice and video services on broadband spectrum through land-based towers to fixed reception/transmit devices in all broadband spectrum bands. The WCA organizes the premiere annual business conference and exhibition devoted exclusively to fixed wireless broadband access. This renowned conference and exhibition annually convenes data, voice and video communications experts from around the world to discuss market strategies, emerging technologies, new applications and financing/regulatory options. The WCA's 14th annual exhibition entitled "Broadband Now! WCA 2001" will be held on June 24 - 27 at the World Trade Center in Boston, Massachusetts. 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 BreezeCOM's and Floware'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 forward-looking statements contained in this release address the strategic business combination of BreezeCOM and Floware. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the risk that the BreezeCOM and Floware businesses will not be integrated successfully; costs related to the business combination; failure of the BreezeCOM or Floware shareholders to approve the business combination; inability to obtain or meet conditions imposed for governmental approvals for the merger, 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. For other factors that could cause BreezeCOM's or Floware's results to vary from expectations, please see the "Risk Factors" section of BreezeCOM's Form F-1 relating to BreezeCOM's secondary offering filed with the SEC on July 26, 2000, BreezeCOM's Form F-4 relating to BreezeCOM's and Floware's merger filed with the SEC on June 8, 2001 and Floware's Form F-1 filed with the SEC relating to Floware's initial public offering on August 1, 2000. |
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