News

21
May

TigoBusiness Nicaragua Selects Alvarion’s Carrier-grade Wi-Fi Solution as its Platform for Wi-Fi Networks

Alvarion’s carrier-grade Wi-Fi provides a robust and cost-effective solution to deliver connectivity supporting various applications

Tel Aviv, Israel, May 21, 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 TigoBusiness Nicaragua has chosen the company’s carrier-grade Wi-Fi solution as its platform for Wi-Fi networks. To date, TigoBusiness has deployed several Wi-Fi networks using the Alvarion solution to deliver a range of services throughout the country.

“We searched for a solution that would allow us to cost-effectively connect a large number of users with a minimal number of access points. We tested a number of different vendors before we chose to use Alvarion as the platform for our Wi-Fi network solution,” said Nestor Martinez, Business Unit Manager, TigoBusiness Nicaragua. “Alvarion’s solution proved to be robust and provided the necessary performance in terms of speed, coverage and security as well as the QoS to support video and other applications. In addition, the solution is cost effective and scalable as we expect the networks we deploy to rapidly grow.”

To complement its fixed network and other services, TigoBusiness Nicaragua is using Alvarion’s carrier-grade Wi-Fi base stations to offer customers an end-to-end Wi-Fi solution. TigoBusiness is targeting various sectors, including –

  • Universities and schools: cross campus Wi-Fi, facilitating new e-learning programs, video streaming and content sharing, fostering better teaching and learning experience for students and staff.
  • Retail stores: enabling a new shopping experience, efficient store management and video security over Wi-Fi.
  • Enterprise and government: managed Wi-Fi networks, supporting secured access for employees and visitors with Bring-Your-Own-Device (BYOD) hand-held devices, improving collaboration and efficiency, and facilitating Cloud services (provided by TigoBusiness as well).
  • Logistical and distribution centers: utilizing the Wi-Fi network to enable the use of warehousing applications for more efficient inventory control and management.
  • Industry: utilizing the Wi-Fi network to manage industrial processing controls across the manufacturing line in the food industry (including, peanuts, sugar and beer).
  • Metro Hot Zones: public Wi-Fi access in crowded locations to serve residents, local businesses and tourists, promoting economic development.

“We are thrilled to have such a prominent and highly-regarded service provider as our partner. We won TigoBusiness as a customer after a testing and selection process in which we demonstrated the many benefits of our carrier-grade Wi-Fi solution vs. competition. With TigoBusiness as a partner we have a solid foundation to expand our presence in Nicaragua,” said Zeev Farkash, EVP of Sales at Alvarion. “The prevalence of Wi-Fi is growing worldwide, with demand for both private, enterprise-own, networks as well as networks providing public access. We believe we have the right technology to be successful and continue winning customers such as TigoBusiness.”

Among TigoBusiness’ Wi-Fi customers to date are Universidad Americana, a private university with a student body of approximately 3,000, dedicated to the development and improvement of higher education in Nicaragua and committed to international diversity through the Go Global program and which prides itself with being equipped with the most modern technology; the Pierre & Marie Curie School, a private trilingual school with more than 500 students enrolled, best known for its large multicultural student body and arts specialty (home to the first Latin American school observatory where the asteroid 2012 FE52 was discovered); SINSA Hardware Stores, the largest chain of hardware and “do it yourself” stores in the country; and the Instituto Nicaraguense de Turismo, a government agency responsible for promotion and development of tourism in Nicaragua.

Alvarion’s carrier-grade Wi-Fi solution includes advanced carrier-grade, wireless broadband base stations operating in the 2.4 and 5 GHz unlicensed bands using spatially adaptive Beamforming technology and interference mitigation algorithms to provide optimal connectivity, extended range, increased capacity, indoor penetration and uniform coverage.

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About TigoBusiness Nicaragua
TigoBusiness Nicaragua (which previously operated under the “Amnet” brand) builds carrier class telecommunication infrastructure since 2003 for corporate services in Nicaragua and since 2008 is owned by Millicom International, www.mililcom.com (operating under the “Tigo” brand), a public company with 46 million of users in Latin America and Africa. Today a market leader in Nicaragua, TigoBusiness provides a complete set of solutions for corporate, medium-sized enterprises, education and the government sector.

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.

11
May

Alvarion® Completes Sale of its Carrier Licensed Division to Telrad

                       Transition in Strategy to Vertical and Carrier Wi-Fi Business Completed

Tel Aviv, Israel, May 10, 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 it has completed the sale of its carrier licensed division to Telrad Networks.

Under the finally agreed terms, Alvarion will receive consideration of $4 million, paid in installments over four quarters, with the first payment of $1.3 million payable at closing. In addition, Alvarion may receive certain performance-based milestone payments of up to $7.7 million. The change in consideration from the originally-agreed consideration of $6 million plus up to $6.1 million in certain performance-based milestone payments, announced on February 21, 2013, resulted from a waiver of certain closing conditions in order to ensure and expedite the closing of the transaction.

Commenting on the closing, Assaf Katan, Acting Chief Executive Officer, said, “Today we completed the transition we decided on almost a year ago to focus our business on vertical and carrier Wi-Fi markets. From now on, we will concentrate our attention and resources on these core target markets and continue executing on our turnaround plan.”

As part of the completion of the transaction, Alvarion and Telrad Networks have entered into a mutual reseller agreement according to which Alvarion will continue to provide carrier licensed solutions to its channel partners and distributors while Telrad will provide Alvarion’s unlicensed solutions to its carrier customers.

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; the fact that we will need to obtain additional sources of funding in order to continue our operations at their current anticipated levels and that there are no assurances that such funding will be available on favorable terms or at all, 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. Alvarion assumes no responsibility with respect to any forward looking statements made by Telrad herein. 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.

29
Apr

Alvarion Powers CINC’s Sustainable Community Area Network Program

Alvarion’s wireless solutions promote innovation, competition and economic development

Israel, Tel Aviv, April 29, 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 its that BreezeMAX® Extreme and 4Motion® ecosystem of products have been selected by the Chippewa Valley Inter-networking Consortium (CINC) to power the community’s area network. The CINC network is designed to serve public safety, EMS, health care, expand educational opportunities and promote economic development. It will also improve the availability and efficiency of government services across the Chippewa Valley region of Wisconsin.

“This project represents an innovative best practice in public safety communication technology and is made possible by CINC, a key community area network,” said Jerry Matysik, Chief of Police, City of Eau Claire, Wisconsin. “Additionally, it will provide interoperability between agencies providing public safety. During times of crisis, this technology will also allow access to mission critical applications.”

Formed in 1999, the CINC coordinated regional communication infrastructure brings together city, county and state government, educational institutions, libraries, non-profits and technology providers to facilitate network creation that is competitive and sustainable. Deployed by Alvarion’s partner, PCS Technologies, CINC is using Alvarion’s BreezeMAX Extreme in the 3.65 GHz frequency and the 4Motion ecosystem of products operating in the 2.5 GHz frequency, including macro and micro base stations, antenna and outdoor and vehicle radios.

“We’ve been working with Alvarion for many years now and knew that their wireless solutions and product offering would be a good fit for the CINC network,” commented John Feldman, General Manager, PCS Technologies. “As a technology leader in wireless broadband, Alvarion’s offering provides the necessary capacity, coverage, robustness and scalability to make this network a success.”

The Alvarion-powered network serves different government and other public agencies across the counties of Eau Claire, Chippewa, Dunn Clark, Buffalo, Barron and Jackson enabling them to deliver improved educational, medical, and governmental services and lower taxes. For example, EMS can use the network to connect to emergency room telemedicine systems; police forces can remotely access geographic information systems (GIS); healthcare professionals at hospitals such as Mayo Clinic and Sacred Heart can connect to rural patients; educators can provide online resources to underserved students in remote communities; cities can control traffic lights and camera systems; and government vehicles can connect devices on the go via mobile hotspots.

“The budgetary challenge is one of the most formidable faced by IT executives at government agencies and other non-profit organizations. The broad cooperation at CINC between such different types of organizations with different needs and interests is unique and it allowed us to benefit from network coverage and functionality that otherwise could not have been achieved,” said John LeBrun, Information Services Manager, City of Eau Claire. “CINC’s sustainable community area network represents the best in public partnership for the greater good.”

“Stakeholders across Chippewa Valley came together to solve a major problem in their community and we are pleased to be a part of the solution,” said Chris Daniels, General Manager, Americas, Alvarion. “Our wireless broadband products are enabling powerful applications spanning public safety, education, healthcare and more. We are happy to be able to make a difference for residents and businesses in this region.”

About PCS Technologies Inc.
PCS Technologies, Inc., integrates, installs and supports 4G Wireless solutions for the Government, Service Provider and Telecom markets. PCS’s turnkey services include equipment procurement, site construction, Radio Network Planning, Network implementation, and support agreements. (www.pcs-tech.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.

29
Apr

Alvarion’s First Quarter 2013 Earnings Release and Conference Call Scheduled for May 20, 2013

Tel Aviv, Israel, April 29, 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 it plans to report its first quarter 2013 results on May 20, 2013, during pre-market hours. Following the announcement, Alvarion’s management will host a conference call at 9:00 a.m. EDT.

Please call the following dial in number to participate:
USA: +1 800-230-1074; International: +1 612-288-0340

The public is invited to listen to the live webcast of the conference call. For details please visit Alvarion’s Investor Relations website at www.alvarion.com/investors/webcasts.
An archive of the online broadcast will be available on the website.

A replay of the call will be available from 11:00 a.m. EDT on May 20, 2013 through 11:59 a.m. EDT on May 27, 2013.

To access the replay, please call:
USA: +1 800-475-6701; International: +1 320-365-3844
To access the replay, users will need to enter the following code: 291979

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)

23
Apr

Alvarion®’s Carrier-Grade Wi-Fi Solution Chosen to Provide Wi-Fi Coverage at the Port of Eilat, Israel

Powerful radios enable extended reach with few base stations offering significant CAPEX and OPEX savings

Tel Aviv, Israel, April 23, 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 the company’s carrier-grade Wi-Fi solution has been deployed to provide Wi-Fi coverage to support use of warehousing and distribution applications at the Port of Eilat, Israel.

The Port of Eilat manages seven open-air parking lots as “bonded warehouses” which hold up to 40 thousand cars on behalf of local car importers. As part of a larger project to upgrade the Port’s information technology systems and to better manage the inventory in these parking lots, a private Wi-Fi network was installed through which the Port staff can track vehicles with wireless RFID technology. The network enables the Port staff to know the status of each vehicle, its exact location in one of the Port’s parking lots and other information necessary in order to release the vehicle from the bonded warehouse.

“With tens of thousands of vehicles stored at the Port we wanted a Wi-Fi network that would allow us to utilize wireless RFID technology to give us accurate and timely data to more efficiently oversee the inventory in the parking lots and to move vehicles in, around and out of the Port,” commented Gera Bider, IT Manager, Port of Eilat. “We needed a reliable wireless network with complete coverage of the parking lots and minimum interference at a reasonable price that would improve our staff workflow, and at the same time, would also securely handle sensitive business information of our customers, the car importers. The Alvarion network provided that infrastructure”.

As often happens with large scale logistical and distribution centers that are built outside city centers and consequently suffer from poor cellular coverage, the Port of Eilat required a secure, reliable and stable wireless network to handle sensitive information and that would not fail in harsh windy desert-like conditions where temperatures in the summer can reach 45°C (113°F). Also, the Port’s seven parking lots are located on different levels, creating challenging NLOS (Non-Line-of-Sight) conditions.

Alvarion’s partner, GreenWave Engineering, a subcontractor of Taldor Systems LTD, deployed the company’s powerful base stations, with their spatially adaptive two-way Beamforming and powerful interference mitigation algorithms, to provide extended coverage and higher throughput in outdoor environments, excelling in NLOS conditions and heavy interference.

“We selected Alvarion’s Wi-Fi solution for this project because it presented significant CAPEX and OPEX savings. Using a competitor’s solution would have resulted in having to deploy ten times more base stations, making the project economically unfeasible”, said Eyal Harel, CEO of GreenWave. “Furthermore Alvarion’s base stations were easy to install and offered the necessary robustness to withstand the harsh dry winds and extreme temperatures typical in the desert area to deliver highly reliable Wi-Fi performance at all times.”

“We are pleased to have been part of this major IT project at the Port of Eilat. The benefits of deploying a privately-owned wireless network to allow reliable and consistent connectivity to mobile employees are clear,” said Zeev Farkash, EVP of Sales at Alvarion. “Alvarion’s carrier-grade Wi-Fi solution offers the extended reach, interference mitigation and security that is required for industrial applications such as the one used in this project.”


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About GreenWave Engineering Ltd.
A partnership with the Taldor Group, GreenWave is an Israeli-based engineering firm that specializes in the design and implementation of systems in the security and telecommunication domains. GreenWave has international activities covering all phases of project: consulting, survey, design, control, supervision, execution, project management, system implantation and infrastructure.

About Taldor Systems LTD
Taldor is a leading IT company and one of Israel’s three largest software development, hardware, communications and information security companies, who also specialize in consulting and outsourcing services for business units and IT. Taldor is known for its values and flexibility, and focuses on its relationships with its clients and their genuine needs. Taldor is traded at the Tel Aviv Stock Exchange, with DBSI being the major shareholder with 72.24%, while remaining shares are public. (www.taldor.co.il)

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.