Reuters  Jun 17  Comment 
* Supercom will pay up to $1 million in cash and an additional earn-out of up to $1 million during next two years
Benzinga  Jan 15  Comment 
Alvarion (in interim liquidation and receivership) (Nasdaq: ALVR) announced today that by letter dated January 14, 2014, the Company was notified that the NASDAQ Listing Qualifications Hearings Panel (the "Panel") has determined to delist the...
StreetInsider.com  Dec 3  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Alvarion+%28ALVR%29+Creditors%27+Plan+of+Settlement+Approved+by+Tel+Aviv+Court/8943635.html for the full story.
Benzinga  Nov 13  Comment 
Alvarion (in receivership) (NASDAQ: ALVR) announced today that the District Court of Tel Aviv – Yaffo held a hearing regarding the creditors' plan of settlement which was submitted to the Court on November 6, 2013. Under the plan, the...
Benzinga  Sep 18  Comment 
Alvarion Ltd. (in Receivership) (NASDAQ: ALVR) announced today that Valley Telecom Ltd. has made the first payment of NIS 12.5 million in accordance with the court-approved sale of the Company's assets to Valley Telecom. Following this payment,...
Benzinga  Sep 16  Comment 
Alvarion Ltd. (in Receivership) (NASDAQ: ALVR) announced today that its delisting hearing has been scheduled for October 3, 2013. As previously announced, NASDAQ has agreed to postpone the Company's delisting hearing which was scheduled for...
Benzinga  Sep 10  Comment 
ROSH HA'AYIN, Israel, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Alvarion® Ltd. (in Receivership) (Nasdaq: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and...
Cellular News  Sep 4  Comment 
Israel based bankrupt wireless vendor, Alvarion says that it has been granted court permission to sell its assets to Valley Telecom. Click here for more.
StreetInsider.com  Sep 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Alvarion+%28ALVR%29+Receives+Court+Approval+for+Asset+Sale/8657794.html for the full story.
Bloomberg  Aug 29  Comment 
Alvarion Ltd., the Israeli maker of wireless communication equipment that sank 81 percent this year, rose to the highest in a week in New York after requesting court approval for a buyout by Valley Telecom Ltd.


Alvarion, based in Tel Aviv, Israel, is a leading provider of wireless access and transport equipment to the telecommunications carriers market, municipalities and other markets around the world. The company claims to have deployed more than three million units in approximately 150 countries. Alvarion is focused on wireless broadband networking solutions, including WiMAX platforms that enable the delivery of mobile broadband, business and residential broadband access, corporate VPNs, extensions to Wi-Fi hotspot and cell site coverage, community interconnection, and public safety communications.

Business and Financials

Alvarion (ALVR) came out with earnings yesterday morning, May 5th, and according to the company, its first-quarter loss narrowed on markedly stronger sales. The company reported a net loss of $601,000, or 1 cent per share, compared with $623,000, or 1 cent per share, in the first quarter of 2007. (The per-share discrepancy is due to a higher number of outstanding shares compared with the same period last year).

Excluding discontinued operations, one-time costs and gains, the company earned $2 million, or 3 cents per share, compared with $1.3 million, or 2 cents per share, in the 2007 first quarter.

Sales reports, however, showed a very strong jump. The Tel Aviv, Israel-based company's quarterly sales jumped 29 percent to $67.2 million from $52.1 million in 2007. Cost of sales also rose to $34.3 million from $25.8 million last year, while operating expenses rose to $35 million from $30 million.

Alvarion also forecast second-quarter 2008 revenue of $67 million to $71 million and non-GAAP earnings of 0 to 4 cents a share from continuing operations. GAAP EPS are expected to range between a loss of 4 cents to 0 cents.

Categorizing sales by product type, WiMAX products generated 57.7% of total third quarter revenue while other legacy products generated the remaining 42.3%. Geographically, Europe, the Middle East, & Africa (EMEA) accounted for 54% of revenue, North America 20%, Latin America 19%, and Asia-Pacific & Australia (APAC) accounted for the remaining 7% of revenue. In the same quarter, Direct sales represented 42% of total revenue, Distribution sales 47%, and the remaining 11% was OEM (Original Equipment Manufacturers) sales.


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