Alvarion® Ltd. (NASDAQ: ALVR), a provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced that it was selected once again by Dedicado Telecomunicaciones, a Privately owned Telecommunication Operator in Uruguay, to provide wireless broadband services to its corporate customers in Uruguay’s main business area, Montevideo. In 2011, Dedicado deployed Uruguay’s first 4G network with Alvarion’s 4Motion® end-to-end solution, in the licensed 3.5 GHz range. In an effort to expand this network and give increased capacity to business and enterprise customers, Dedicado has purchased additional 4Motion products and Alvarion’s carrier-class Point-to-Multipoint WALKair® 5000 solution.
As demand for bandwidth and high-speed services in Uruguay is constantly rising, Dedicado has recognized the necessity for a high-speed wireless network and increased capacity to business and enterprise customers. The current 4Motion wireless broadband network enables a secure and reliable Internet and data services, and combined with the WALKair 5000 offers increased capacity meeting all requirements of high end corporate customers.
The WALKair 5000 is a highly-compact, multi-sector solution, accommodating up to four sectors in a small (1RU) indoor unit. This solution optimizes bandwidth with adaptive modulation of up to 256 QAM allowing a large number of customers over the same bandwidth with assured Quality of Service (QoS). The solution operates in the 10.5 GHz, 26 GHz and 28 GHz licensed bands.
“Alvarion has always been a solid partner to work with and we are pleased that they continue to provide new offerings that will allow us to expand our existing network even further,” commented Arturo Vargas, President and CEO of Dedicado. “We look forward to continue our expansion even further allowing both corporate and residential customers wireless broadband access.”
Hezi Lapid, CEO of Alvarion, stated, “We are pleased to collaborate with Dedicado to bring connectivity to greater parts of Uruguay. Corporations, that have definite needs for reliable broadband access, secured Internet and data services and high availability, are natural drivers for the increasing adoption of our 4Motion and WALKair solutions. We are confident that this will give Dedicado a competitive edge in the market.”
Dedicado provides communications services over wireless networks that operate in the 900MHz, 3.5GHz, 10.5GHz, and 26GHz frequency bands. Formed in May 2000 with investment from local investors, Dedicado offers International Private Long Distance, Local Telephony, high speed Internet and data services access and Virtual Private Networks (VPN) services to business and residential customers.
Alvarion Ltd. (NASDAQ:ALVR) provides optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of telecom operators, smart cities, security, and enterprise customers. Our innovative solutions are based on multiple technologies across licensed and unlicensed spectrums. (www.alvarion.com)
This press release contains 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 various 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: our failure to fully implement our 2012 strategic plan, our inability to reallocate our resources and rationalize our business in a more efficient manner, potential impact on our business of the current global macro-economic uncertainties, the inability of our customers to obtain credit to purchase our products as a result of global credit market conditions, the failure to fund projects under the U.S. broadband stimulus program, continued delays in 4G license allocation in certain countries; the failure of the products for the 4G market to develop as anticipated; our inability to capture market share in the expected growth of the 4G market as anticipated, due to, among other things, competitive reasons or failure to execute in our sales, marketing or manufacturing objectives; the failure of our strategic initiatives to enable us to more effectively capitalize on market opportunities as anticipated; delays in the receipt of orders from customers and in the delivery by us of such orders; our failure to effectively integrate the business and technology of Wavion Inc., acquired by us in November 2011, into our products and realize the expected synergies from the acquisition; the failure of the markets for our (including Wavion's) products to grow as anticipated; our 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; our inability to establish and maintain relationships with commerce, advertising, marketing, and technology providers; and other risks detailed from time to time in the Company’s annual reports on Form 20-F as well as in other filings with the US Securities and Exchange Commission.
The roadmap information in this press release is provided solely for information purposes, and is not a commitment, promise or legal obligation to deliver any products, features and/or functionalities, and should not be relied upon in making purchasing decisions. The development, release and timing of any products, features and/or functionalities described remains at the sole discretion of Alvarion. If and when any products, features and/or functionalities are offered for sale by Alvarion, they will be sold under agreed upon terms and conditions. This information may not be incorporated into any contractual agreement with Alvarion or its subsidiaries or affiliates. Alvarion makes no representations or warranties with respect to the contents of this presentation, and specifically disclaims any express or implied warranties of merchantability or fitness for any particular purpose.
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