Global Press Releases

17
Apr

Alvarion Collaborates with WifiSafe to deploy Carrier-grade Wi-Fi Networks in Leading Spanish Hotel Chain

 Outdoor Wi-Fi equipment provides ubiquitous indoor and outdoor coverage throughout hotels resulting in low total cost of ownership and minimal intrusion to guests and scenery

 Tel Aviv, Israel, April 17, 2013 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 WifiSafe, Alvarion’s partner in Spain, deployed its carrier-grade Wi-Fi solution to deliver voice, data and video services in Spanish-based hotels from the H10 Hotels Chain.

 “We chose to deploy Alvarion’s carrier-grade Wi-Fi solution as it was an ideal fit to our customers’ requirements,” commented Francisco Menéndez, CEO, WifiSafe. “The solution is easy to install and configure, resulting in quick testing and deployment periods. The high performance radios provide extended reach covering both indoor and outdoor with very few base stations, resulting in robust and reliable Wi-Fi coverage despite challenging non-line-of-sight conditions and low total cost of ownership.”

H10 Hotels is one of the top ten hotel chains in Spain. The hotels in which Alvarion’s Wi-Fi solution were installed, including the H10 Conquistador, H10 Gran Tinerfe, H10 Tenerife Playa, Sentido Playa Esmeralda, H10 Rubicón Palace and others, are large beach front properties located in various vacation destinations, ranging from 300 to 500 rooms each, in different configurations of single or multiple buildings. The hotels feature large public areas such as multiple swimming pools, fitness facilities, restaurants and bars, conference rooms, night clubs and other facilities.

“Alvarion is delighted that WifiSafe chose to work with us on this project,” said Zeev Farkash, Executive Vice President of Sales, Alvarion. “These deployments demonstrate again that our distinctive Wi-Fi technology enables our partners to offer their customers an easy-to-deploy and cost-effective solution, addressing the need to deliver high-performance indoor and outdoor connectivity.”

Following these network deployments H10 Hotels made the following statement: “People today want to stay connected to their families, friends and work using their mobile devices. Providing Wi-Fi is part of the exceptional service we offer our guests. The Alvarion solution delivers high-speed connectivity both indoor and outdoor with minimal dead spots even in the largest properties. Installing outdoor equipment was non-disruptive to our guests and hotel staff during the set-up process; and more importantly, the outdoor equipment minimizes any aesthetic and physical intrusions caused by the equipment to the hotels.”

Alvarion’s Wi-Fi offering includes advanced carrier-grade, wireless broadband base stations operating in the 2.4 and 5 GHz unlicensed bands using spatially adaptive Beamforming technology and powerful interference mitigation algorithms to provide optimal connectivity, extended range, increased capacity, indoor penetration and uniform coverage. With this technology, fewer access points can be deployed, significantly reducing installation costs and cabling resulting in lower CAPEX and OPEX as well as minimizing the aesthetic impact.

WifiSafe has been an Alvarion (and Wavion) partner in Spain since 2011. Using Alvarion’s carrier-grade Wi-Fi solution WifiSafe has installed dozens of high performance Wi-Fi networks, offering customers voice, data and video services, in a variety of vertical markets including hospitality, industrial parks, municipalities and other government agencies.

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About H10 Hotels

H10 Hotels was established in the early 1980s, when it began operating in Spain’s main holiday destinations. Today, the company has over 40 hotels in 16 destinations, with a total of 11,000 rooms, the majority of which it owns. H10 Hotels is one of Spain’s top 10 hotel companies and is currently expanding throughout Europe and the Caribbean. The company is committed to satisfying its customers’ needs by offering them exceptional locations, specialized services, carefully selected cuisine and facilities that are consistently being updated to ensure the highest levels of quality. (www.h10hotels.com)

About WiFiSafe

WifiSafe is dedicated exclusively to the development and distribution of wireless products and solutions. WifiSafe arose as an answer to the need for integrated solutions. We are a unique provider that offers solutions and comprehensive advice for solutions and wireless web designs.

WifiSafe is dedicated to bringing its customers the best products and always maintaining a suitable stock to supply our products to any area in Spain within 24 hours.

Our objective is the same as our mission: that clients choose WifiSafe as their principal provider because of our specialization, dedication, customer relations, professionalism and prices, with the guarantee that our business maintains its current standards and we continue to be #1 in the wireless equipment distribution market in Spain. (http://www.wifisafe.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.

The 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 press release, and specifically disclaims any express or implied warranties of merchantability or fitness for any particular purpose.

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
Apr

Ms. Robin Hacke Resigns from Alvarion’s Board of Directors

Tel Aviv, Israel, April 12, 2013 – 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 today that Ms. Robin Hacke has notified the Company that she is resigning from her position as a member of the Company's board of directors, effective immediately.

Mr. Amnon Yacoby, Chairman of the Board, said, "On behalf of the board, I would like to thank Robin for her long time service and valuable contribution to the board's work."

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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.

12
Apr

Alvarion® Announces Resignation of CEO

Tel Aviv, Israel, April 12, 2013 – 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 today that Hezi Lapid has resigned as President and Chief Executive Officer of the Company. Mr. Lapid will remain in his position until such time that a smooth transition is completed.

"The Company intends to continue implementing its turnaround plan, which during the past year has been realized through the pending sale of its carrier licensed business to Telrad Networks, the sale of certain patents, and the refocus on being a pure play in high growth vertical and Wi-Fi markets," said Amnon Yacoby, Chairman of the Board. "We expect to complete our turnaround successfully and put the company back on a growth trajectory".

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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.

9
Apr

BBS Selects Alvarion to Help Bolster Education, Healthcare and Tourism in Remote Newfoundland Community

Solar powered network helps deliver high-speed wireless data, voice and video services

Israel, Tel Aviv, April 9, 2013 – 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 its point-to-point and point-to-multipoint solutions have been deployed by Burgeo Broadcasting System (BBS), to help power its wireless offerings for businesses and residents in rural Newfoundland, Canada.

The goal of the BBS Information Communications Technology (ICT) Project is to create a high-speed, wireless network link to enhance essential services and to facilitate economic development across Newfoundland’s southwest coast in the five remote communities of Burgeo, François, Grand Bruit, Grey River and Ramea.

“Alvarion’s wireless broadband technology enables the people of our five communities to connect with each other and the world at large,” said Dave MacDonald, Project Manager, BBS. “This connectivity is a critical life-line for our residents and essential to the health of our people and our economy.”

Using Alvarion’s point-to-point solutions, the BreezeULTRA and BreezeNET® B, and point-to-multipoint solution, the BreezeACCESS® VL, BBS is delivering a range of high-speed, wireless data, voice and video applications across the region such as:

  • Healthcare: Doctors are using telemedicine to serve patients, who typically travel great distances to the nearest care facility, by using video to care for individuals in rural communities. Alvarion’s high-bandwidth capabilities enable the telemedicine networks to wirelessly connect providers and patients 24/7.
  • Education: Videoconferencing solutions are leveling the playing field for students across rural Newfoundland. For example, Alvarion’s low-latency solution can allow a music teacher to stream a symphony or a science teacher to broadcast a live dissection without picture disruption or jitter.
  • Tourism: At the Gross Morne National Park Alvarion is enabling Wi-Fi access for visitors and workers where cellular coverage is unavailable to connect a concession building, point-of-sale terminals and real-time weather information boards to enable a better visitor experience.

“Rural communities such as the one BBS serves have unique requirements when it comes to wireless network implementation environment, scalability, application needs and cost,” said Chris Daniels, General Manager Americas, Alvarion. “We understand what it takes to deliver connectivity to remote areas and we take special care to deliver reliable, flexible and powerful solutions to keep communities connected, wherever they are located.”

To allow for energy efficient operation of the network, part of the Alvarion solution is powered by solar panels or a generator with solar backup which also lowers operational costs of the network.

BreezeULTRA is a point-to-point solution offering 250 Mbps net-throughput best suited for high capacity IP backhauling and connectivity. The BreezeULTRA is software upgradable to a two-radio double capacity system to be released in the second quarter of 2013.

BreezeNET B solution is a point-to-point solution providing highly reliable connectivity and support distances of more than 60 kilometers (37 miles).

BreezeACCESS VL is a point-to-multipoint solution optimized for voice, video and data applications in urban and rural settings. With strong QoS and security features the BreezeACCESS VL can meet the needs of a wide variety of mission critical applications.

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About Burgeo Broadcasting System (BBS)
Since its inception in 1981, the Burgeo Broadcasting System (BBS) has operated as a non-profit company that is owned by the subscribers of the local cable system. The company is managed by a group of ten volunteer board members and has six volunteer programming assistants with four paid employees. The main purpose of the Burgeo Broadcasting System is to ensure that all residents in Burgeo have the best television, radio and Internet possible for its subscribers at a low monthly rate. Burgeo Broadcasting System recognizes the economic situation in these communities and has continued in its efforts to keep the monthly fees to a minimum, while maintaining a viable not- for profit business. All monies realized each year go directly into the company to provide such services.
In February of 2001, Burgeo Broadcasting System began the BBS ICT Project. The BBS ICT Project was an innovative undertaking to connect the remote rural communities of this area. One of its objectives was to bring Internet connectivity to the remote communities via the Community Access Program. The project conducted educational sessions to help teach the general public first how to use computers, and secondly how to use the Internet as a productivity tool to help enhance rural sustainability. BBS ICT Project is an effort to enhance essential services and to facilitate economic development of the five project communities Burgeo, Francois, Grand Bruit (now resettled), Grey River and Ramea, all of which are located on Newfoundland’s southwest coast. While Burgeo is very much an isolated community, being at the end of a 146 km highway, Ramea, Grey River and Francois are only accessible by boat or by air. These are arguably some of the most remote communities in the province and in the Rural Secretarial Region of Stephenville – Port Aux Basques. Burgeo Broadcasting System recognizes access to modern telecommunication infrastructure and service is vital in many aspects of education, businesses, entertainment, personal, and public relationships, healthcare, business and community life.

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.

2
Apr

Alvarion® Announces 1:10 Reverse Split of Ordinary Shares Effective Today

Tel Aviv, Israel, April 2, 2013 – Alvarion® Ltd. (NASDAQ and TASE: ALVR) (Alvarion or the Company), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, announced today that effective as of immediately prior to the opening of trading today (Tuesday, April 2, 2013), its ordinary shares have been subject to a reverse split on a 1:10 basis and are expected to trade on a post-reverse split basis when the NASDAQ market opens today. The Company’s ordinary shares continue to trade on NASDAQ and the Tel Aviv Stock Exchange (TASE) under the symbol ALVR, and have been assigned a new CUSIP number – M0861T118. The Company’s ordinary shares began to trade on a post-reverse split basis on the TASE this morning.

Upon effectiveness of the reverse split, shareholders hold one share of Alvarion in exchange for every 10 shares held by them prior to the effectiveness of the reverse split. The reverse split has reduced the number of outstanding ordinary shares of the Company from approximately 63 million to approximately 6.3 million. Proportional adjustments have been automatically made to Alvarion’s outstanding stock options and other convertible securities. Alvarion has not issued any fractional shares as a result of the reverse split. Instead, all fractional shares have been rounded up to the next whole number of shares.

As previously reported by Alvarion, the reverse split is intended to increase the per share trading price of the Company's ordinary shares to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market prior to April 24, 2013. There can be no assurance that the reverse split will have the desired effect of raising the trading price of the Company's ordinary shares in a manner that meets such requirement.

Shareholders holding shares in “street name” will not need to do anything in connection with the reverse split, as their share totals will be adjusted automatically. Shareholders with certificated shares are required to exchange their share certificates for new share certificates representing the appropriate number of ordinary shares resulting from the reverse split. Alvarion’s transfer agent, American Stock Transfer & Trust Company, LLC, is the exchange agent for the reverse split and will distribute a letter of transmittal to shareholders with instructions for replacing old share certificates with new certificates representing the post reverse split number of ordinary shares.

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.