Press Releases

Floware Receives Follow-on Order to Supply its WALKair System to ArcTel

Or Yehuda, Israel, January 31, 2001 ­ Floware Wireless Systems Ltd. (NASDAQ: FLRE), a leading provider of broadband wireless access (BWA) communication systems, today announced that it has received a follow-on order from its partner Siemens Information and Communication Networks Group (ICN) to supply its WALKair BWA system to ArcTel GmbH & Co. KG.

ArcTel's order, which is for both the 26GHz and 3.5GHz radio frequency bands, follows the company's selection of Floware as a BWA vendor in August 2000. ArcTel orders from Floware, including this follow-on order which constitutes a substantial portion of ArcTel's orders to date, total $3.5 million, of which $1.2 million have already been shipped. Further orders from ArcTel are anticipated on the basis of the Siemens ­ ArcTel agreement to set-up a fixed-wireless network utilizing the licenses that were awarded to ArcTel.

One of three fixed-wireless carriers that use the WALKair BWA system in Germany, ArcTel is a joint venture of Mannesmann Arcor AG, the fixed-line telecommunications subsidiary of Vodafone Group Plc., and Teligent, Inc., a global leader in broadband communications. ArcTel was recently awarded additional regional spectrum licenses to provide, broadband data and voice services to customers in Germany. These license awards cover five of the largest metropolitan regions in Germany, including Berlin and Frankfurt. With these awards, ArcTel's coverage increased to more than 50% of the small and medium size enterprise community in Germany.

"We are very excited about this new purchase order," said Amnon Yacoby, CEO of Floware. "ArcTel is one of the top players in the BWA market in Germany and is in the process of building a major network in this valuable market. We consider this order a vote of confidence in our products," he added.

About ArcTel
ArcTel GmbH & Co. KG is a joint venture of Mannesmann Arcor AG & Co. (55%) and Teligent, Inc. (45%) for setting up wireless point-to-multipoint radio-relay links in Germany. With customer access via PMP radio relay links, ArcTel is providing its customers, in particular Mannesmann Arcor and US-based Teligent, with an important component in their local network strategy. To speed up the process of setting up and deploying PMP radio relay links, Arcor established the Frankfurt-based company ArcTel GmbH & Co. KG jointly with its strong partner Teligent.

About Siemens ICN
Siemens Information and Communication Networks Group (ICN) is a leading provider of integrated voice and data networks for enterprises, carriers and service providers. Its comprehensive portfolio of IP-based convergence solutions includes a full range of products for broadband access, optical transport networks as well as the integration, services and applications businesses. The Siemens Group thus provides complete solutions from a single source for the infrastructure of the Next Generation Internet, a prerequisite for mobile business. In fiscal year 2000 (year-end 30 September) ICN posted sales of 11.4 billion euro, and earnings before interest and taxes (EBIT) of 692 million euro. ICN employs 53,000 people worldwide. Further information about ICN is available at: www.ic.siemens.com/networks

About Floware
Floware Wireless Systems Ltd. is a leading provider of point-to-multipoint fixed broadband wireless access (BWA) systems. These systems are used mainly by new carriers (CLECs) which connect business customers in the "last mile." Floware's WALKair system enables carriers to provide high-speed Internet access, as well as a wide range of voice and data services, on the 3.5, 10.5 and 26 GHz radio frequency bands. Floware currently has more than 50 deployments worldwide. For more information, visit Floware's website at www.floware.com.

This press release and statements by Floware in shareholder reports and public filings, as well as in oral public statements by Floware´s representatives may contain forward looking statements. Such statements are subjected to certain facts, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to in such statements. The risks are identified in Floware´s registration statement on Form F-1 (Registration Statement No. 333-12290) filed with the Securities and Exchange Commission.

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