Press Releases

Aug 2, 2001

Alvarion Begins Trading

Combined BreezeCOM/Floware Entity Listed on NASDAQ as "ALVR"

TEL AVIV, Israel--Alvarion today announced that it has received Nasdaq approval to begin trading under its new ticker symbol "ALVR." The new "ALVR" symbol is effective today, Thursday, August 2, 2001.

Alvarion is result of the merger between BreezeCOM and Floware.

About Alvarion
Alvarion is a powerhouse of point-to-multipoint Broadband Wireless Access (BWA) solutions for telecom carriers, service providers and enterprises worldwide. Alvarion's systems are used for providing internet access and voice and data services for subscribers in the last mile, for feeding of cellular networks, for building to building connectivity and for wireless local area network (LAN).

The merger of BreezeCOM and Floware to form Alvarion has created a company with the broadest range of BWA solutions by market segment and frequency band, designed to address all carriers' and service providers' business models. With its combined market experience, strong customer base, diversified distribution channels and field-proven deployments, Alvarion is a leading BWA pure play provider for every end user profile, from residential subscribers to business customers.

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for the products, timing and cancellation of orders and other risks detailed from time to time in filings with the Securities and Exchange Commission.

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