Global Press Releases

2
Oct

Alvarion® Sells Part of its Patent Portfolio for up to $19 million

Agreement includes license to use patents

Tel Aviv, Israel, October 1, 2012 – Alvarion® Ltd. (NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, announced the sale of part of its patent portfolio to Wi LAN Inc. (TSX:WIN) (NASDAQ:WILN) for up to $19 million.

Alvarion received $8.5 million at closing, with the balance due after meeting certain conditions, primarily the receipt of an approval from the Office of the Chief Scientist in Israel.

In addition, Alvarion was granted a royalty-bearing license for the patent portfolio sold to Wi LAN.

“This is an important milestone in Alvarion’s turnaround plan. By capitalizing on a portion of our IP portfolio, we are bringing cash into the company without undermining our future growth,” said Hezi Lapid, President and CEO of Alvarion. “This will support our cash needs and allow us to make the investments necessary to execute our turnaround plan and put Alvarion on a path to sustainable growth and profitability. At the same time, we are retaining access to this patent portfolio, which will allow us to continue develop our market leading products and serve our customers now and in the future.”

About Alvarion
Alvarion Technologies 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 turnaround 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 fully and 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; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; 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 U.S. 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 U.S. Securities and Exchange Commission, which this press release will be a part of.

To receive Alvarion's press releases please contact Sivan Farfuri, sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Technologies Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.

1
Oct

Alvarion® Updates Guidance for the Third Quarter of 2012

Tel Aviv, Israel, October 1, 2012 – Alvarion® Ltd. (NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced that it expects revenues for the third quarter of 2012 to be approximately $27 million, below the guidance previously provided of revenues between $31 million and $39 million. The shortfall in revenues was the result of significant shipments postponed from the current quarter to the fourth quarter of 2012, primarily from two Carrier Licensed customers, one based in Latin America and another in Central Eastern Europe; and a significant order delayed from the current quarter to the fourth quarter of 2012 from a Carrier Wi-Fi customer based in Africa. In addition, the company will record a one-time charge of $2.5 million following the shutdown of U.S.-based Main Street Broadband.

Based on these lower estimated revenues and the accounts receivables write-off, non-GAAP net loss per diluted share for the third quarter of 2012 is expected to be approximately ($0.13), compared to the company’s previous expectation that non-GAAP per share results would range between a loss of ($0.06) and a profit of $0.02. GAAP net loss per share is expected to be approximately ($0.15), compared to the company’s previous guidance of a per share loss between ($0.08) and breakeven, before any one-time charges.

“Despite this unexpected setback in achieving our financial targets for the third quarter, we believe that the company’s turnaround plan remains on track and that we will reach at least breakeven operating cash flow and modest profitability by yearend,” said Hezi Lapid, President and CEO of Alvarion. “Notwithstanding the delay in shipments, our Carrier Licensed business is performing well, and we are particularly pleased with the market acceptance of the newest addition to our licensed offering – the BreezeCOMPACT. In just five months since the product was launched, we received orders valued at over $10 million. We are also seeing traction for our Carrier Wi-Fi solution with recent deals from additional Tier 1 carriers in Asia Pacific.”

Mr. Lapid added, “Today, we are also announcing the sale of a portion of Alvarion’s patent portfolio for approximately $19 million. This transaction will support our cash needs and allow us to make the investments necessary to execute our turnaround plan and put Alvarion on a path to sustainable growth and profitability.”

The company expects to be in compliance with its debt covenants based on these revised results.

Specific guidance for the fourth quarter and any revisions that may be required to the financial targets for the full year of 2012 will be provided when the company announces final results for the third quarter of 2012 on November 14, 2012.

About Alvarion
Alvarion Technologies 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 turnaround 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 fully and 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; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; 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 U.S. 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 U.S. Securities and Exchange Commission, which this press release will be a part of.

To receive Alvarion's press releases please contact Sivan Farfuri, sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Technologies Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.

27
Sep

Alvarion and Consortium of Partners Successfully Demonstrate BuNGee Project for Next Generation Mobile Networks

BuNGee project demonstrates substantially higher throughput densities with innovative deployment strategies in an economically viable solution

Tel Aviv, September 27, 2012 – Alvarion® Ltd. (NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced the successful completion of the BuNGee project following a final review meeting with the European Commission in Brussels. This is subsequent to a successful demonstration held in Tel Aviv in April 2012 showing the project’s main goals, including higher throughput, innovative deployment strategies and an economically viable business case.

BuNGee has been established with objectives to dramatically improve the overall infrastructure capacity density of the mobile network by tenfold, and at the same time, at a commercially viable cost – thereby removing the barriers to beyond next generation network deployments. Such a requirement for capacity density is driven mainly in urban areas where the number of users per square kilometer and the mobile data usage factor is dramatically growing. At the live demonstration, Alvarion and the consortium partners successfully demonstrated the project-developed high capacity radio cell prototype in a real urban mobile environment.

BuNGee (Beyond Next Generation Mobile Networks) is a European Commission Seventh Framework Programme (FP7) funded project for the research of innovative technologies and deployment topologies. The selected consortium for the project is comprised of a network operator, equipment and antenna vendors, research institutes, universities and a consulting firm who are committed to achieve the goals serving as a baseline for beyond next generation ultra-high capacity systems. Alvarion is the coordinator of this project with a leading role in designing the innovative system architecture.

"Viewing the live demonstration at Alvarion's offices was the culmination of the project we envisaged,” states Alister Burr, Professor of Communications in the University of York and one of the BuNGee work package leaders. “The demonstration and the completion of the project mark a very significant step forward in the implementation of next generation wireless networks."

The current next-generation technologies LTE and WiMAX support a mere 100 Mbps per square kilometer in a regular cellular deployment. In dense urban areas, where the market demand for wireless broadband access is the highest, the BuNGee project demonstrated a higher throughput of 1 Gbps per square kilometer. This demonstration was imperative in confirming a commercially viable solution for wide-scale uptake of next generation technologies.

The successful demonstration of BuNGee took place in a dense urban high-tech industrial park around Alvarion’s offices in Tel Aviv, Israel, on April 17, 2012, before reviewers on behalf of the European Commission, substantiating several fundamental goals in ultra-high capacity technology and designs:

  • High-capacity 4G mobile Radio Access Network (RAN) architecture that is cost-, spectrum- and energy- efficient
  • Ultra-dense below-rooftop radio network deployment, exploiting the concept of small cells and natural urban radio isolations
  • Joint design of access and backhaul networks using heterogeneous radio elements in licensed and license-exempt (LE) spectrum, including aggregation of in-band backhauling and broadband mmWave to address small cells backhauling issues
  • Innovative antenna technologies, such as Multi-beam antenna tailored to urban ultra-high capacity needs and advanced MIMO and interference elimination techniques, such as e.g. multi-beam antenna assisted MIMO
  • Co-operative technologies at a base station, cognitive radio, autonomous radio resource assignment and network technologies for reduced management and operational complexity

“Viewing the live demonstration at Alvarion’s office in April was the necessary proof-point for the successful close to this project,” states Oleg Marinchenco, BuNGee Project Coordinator from Alvarion. “With BuNGee, we have taken great steps in the implementation of next generation networks for the entire communications market.”

“We were pleased to act as the coordinator of this esteemed project and to host the interim review meetings and live demonstration at Alvarion’s premises,” states Mark Altshuller, CTO, BWA Division, Alvarion. “Alvarion has always been at the forefront of technology innovations and we are extremely proud to be part of this distinguished consortium that will deliver the next generation of mobile broadband to the market.”

Consortium members include: Alvarion (IL), ARTTIC (BE), Centre Tecnologic de Telecomunicacions de Catalunya (ES), Cobham Antenna Systems Microwave Antennas (UK), University of York (UK), Thales Communications & Security (FR), Universite Catholique de Louvain (BE), Polska Telefonia Cyfrowa (PL), Siklu Communication Ltd (IL).

Media Resources
European Commission, FP7, Next Generation Mobile Broadband, BuNGee

Links
BuNGee Project web site: www.ict-bungee.eu

BuNGee – Next Generation Mobile Broadband

European Commission FP7: http://cordis.europa.eu/fp7/home_en.html

About Alvarion
Alvarion Technologies 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 turnaround 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 fully and 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; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; 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 U.S. 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 U.S. Securities and Exchange Commission, which this press release will be a part of.

To receive Alvarion's press releases please contact Sivan Farfuri, sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Technologies Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.

12
Sep

Alvarion® Installs Wireless Network for Public Safety Connectivity in City of Cleburne

Alvarion’s wireless solution for private networks reduces costs, increases performance and allows effortless expansion to other city services

Tel Aviv, Israel, September 12, 2012Alvarion®Ltd. (NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, announced today that the City of Cleburne, Texas, installed a private wireless network for public safety connectivity reducing the costs associated with the use of wireless broadband cards and delivering better performance. The network uses Alvarion’s BreezeMAX® Extreme base stations in the secure 4.9 GHz band connected to BreezeMAX Vehicular Subscriber Units installed in the City’s police vehicles allowing officers to seamlessly and securely perform their duties in the field.

Currently, police vehicles patrolling the city use a laptop computer connected to the city’s fiber network and information systems via a high speed wireless broadband card, such as an AirCard®. This type of wireless connectivity is a costly, recurring expense leaving no room to economically expand services to more departments. The City of Cleburne decided to implement a private wireless network that would eliminate recurring charges and readily expand to other city services and public works as it continues to expand the network, eventually replacing all wireless broadband cards.

“We are pleased with the way our first private wireless network was so easily installed and quickly integrated to our existing city functions resulting in significant cost savings,” states Willie Resto, MIS Manager, City of Cleburne. “We immediately realized the benefit of expanding connectivity to additional public works and city vehicles and envisioned additional smart city applications such as public access and hot spots which will further improve the quality of life for our citizens and promote our City as a holiday destination.”

The City of Cleburne chose Alvarion’s BreezeMAX Extreme solution to provide the capacity, connectivity, security and reliability needed for their private network. The BreezeMAX Extreme solution also delivered faster rates to users. Crystal Communications, Alvarion’s longtime partner, installed and integrated a full private network infrastructure within five working days. Base stations were quickly and easily installed on city owned assets around the City allowing instant connectivity to the City’s fiber network. VSUs were installed in police vehicles for seamless, secure connectivity to the City’s information center and database.

“Alvarion’s ease of integration with existing networks was a major factor in choosing this solution,” states Bill Young, Director of Government Sales, Crystal Communications. “We had confidence in Alvarion’s reliable system as we have installed it in other smart city applications, and we were able to provide the City of Cleburne with the same quality and dependability from start to finish.” 

The system was completely non-disruptive to the City of Cleburne’s Police Force and allowed City Officials to continue with business as usual. Network management is provided by Alvarion’s AlvariStar system. An on-site training course taught the City’s Information Managers to program both base stations and VSUs and will allow for complete autonomy of network programming in future expansions.

“The City of Cleburne is a fine example of today’s cities using technology to improve the quality of life of its citizens,” states Udi Ben-David, General Manager of Americas at Alvarion. “Our wireless solutions are helping municipalities and cities achieve savings in both CAPEX and OPEX that will that will continue to be realized for years to come.”

Expansion to other city services has already begun with installation of the VSU in fire trucks and other field vehicles. Other departments have also approached the City’s MIS team with specific requirements and are coming up with innovative ways to increase productivity using the wireless network such as completing paper work and reports online from the field.

This network was fully funded through grants from COPS (Community Oriented Policing Services). COPS funding helps law enforcement agencies across America meet an ever-increasing range of challenges with community policing.

Alvarion will host its Annual Partner Event in Fort Lauderdale, FL, on October 15-18, 2012. For additional information, please contact – channels@alvarion.com

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About COPS
The COPS Office is responsible for advancing the practice of community policing in the nation's state, local, territory, and tribal law enforcement agencies. One method in doing so is through the COPS Office Grant Programs and Funding. http://www.cops.usdoj.gov/Default.asp?Item=34

About Crystal Communications Ltd.
Crystal Communications, Ltd. specializes in the design, installation, and support of broadband wireless systems and high-speed network infrastructure. Headquartered in Kingwood, Texas, Crystal Communications offers leading edge wireless solutions combined with the expertise necessary to succeed in today's converging communications environment. As a family owned and operated Houston based company, Crystal provides its clients a level of responsiveness and reliability they can depend on. Crystal offers proven product knowledge and project management experience that ensures the customer's broadband network provides the performance and flexibility that end users require. http://www.crystalcomltd.com

About Alvarion®
Alvarion Technologies 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 turnaround 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 fully and 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; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; 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 U.S. 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 U.S. Securities and Exchange Commission, which this press release will be a part of.

To receive Alvarion's press releases please contact Sivan Farfuri, sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Technologies Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.

23
Aug

Alvarion® Collaborates with AirNet to Provide Carrier-grade Wi-Fi at Black Sea Resort Area in Bulgaria

Alvarion’s carrier-grade Wi-Fi solution delivers indoor and outdoor connectivity to hospitality customers

Tel Aviv, Israel, August 22, 2012 – Alvarion® Ltd. (NASDAQ: ALVR), a provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, announced today, that AirNet Ltd., a local ISP in Bulgaria, deployed its carrier-grade Wi-Fi solution for delivering wireless connectivity at the Albena Resort area along the coast of the Black Sea in Bulgaria.

The wide-area deployment – over 2 kilometers long – is based on Alvarion’s high performance two-way Beamforming Wi-Fi base stations, enabling coverage both indoors, in the lobby areas and rooms at approximately 30 hotels, conference facilities and restaurants, as well as outdoors, in large park areas, recreational facilities and along the beach front. Different service plans are offered to resort guests from free Wi-Fi to paying options. A Wi-Fi coverage map is available for guests to easily view the Internet connectivity for the entire resort.

Used by approximately 10,000 users daily, the Wi-Fi network enables business people and vacationers with smartphones, tablets and notebooks to connect to the Internet at a speed of 500 Kbps to 2 Mbps and enjoy applications such as e-mail, video, image transfer, social networking and Internet browsing.

“We selected Alvarion as our partner for this Wi-Fi deployment due to the unmatched coverage, capacity and quality of service their base stations provide”, said Peter Petrov, General Manager of AirNet Ltd. “We are very pleased with our choice which enabled us to easily provide access to thousands of users, and deliver the needed capacity over a large area both indoors and outdoors”.

“Alvarion is delighted that its carrier-grade Wi-Fi solution was chosen to be deployed in such a key vacation resort area in Bulgaria,” said John Asher, General Manager, EMEA, Alvarion. “This deployment demonstrates again that our cutting-edge technology enables our partners to offer their customers an easy and cost-effective solution, addressing the need to deliver high-performance wireless connectivity.”

Alvarion’s distinctive and powerful base stations, with their spatially adaptive two-way Beamforming and powerful interference immunity suite, provide extended coverage and higher throughput in outdoor environments, excelling in NLOS (Non-Line-of-Sight) conditions and heavy interference. The Wi-Fi Coverage Tool was used to measure connectivity and bandwidth ensuring maximum utilization of the coverage and capacity from each base station. The simple to install devices were both cost-effective and non-disruptive to guests and business delegates leaving the resort open for business during the integration process.

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About AirNet Ltd.
AirNet is an ISP operator and wireless network integrator based in Bulgaria, EU. AirNet was chosen by many resorts in Bulgaria to build large scale networks serving communities in an effort to provide broadband access in open spaces and public locations. Additional information about AirNet Ltd. is available at www.airnet-bg.com.

About Alvarion
Alvarion Technologies 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 turnaround 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 fully and 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; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; 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 U.S. 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 U.S. Securities and Exchange Commission, which this press release will be a part of.

You may request Alvarion's future press releases by contacting Sivan Farfuri, Sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Technologies Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.