Replies to post #444589 on Zeev's Turnips Patch-No Politics (ZEEV)

[chelsea]

ALVR ) - Alvarion Receives $7 Million Order under New Frame Agreement with Major Latin American Operator

Gosh darn it; was lookin at this stock yesterday and didn't go in! May go in pre-market

Wednesday December 21, 6:00 am ET
TEL-AVIV, Israel--(BUSINESS WIRE)--Dec. 21, 2005--Alvarion Ltd. (NASDAQ:ALVR - News), the world's leading provider of wireless broadband solutions and specialized mobile networks, today announced that one of its major customers, a large operator in Latin America, has placed an initial $7 million order under a new frame agreement covering both BreezeMAX(TM) and eMGW(TM) products for several countries in Latin America.
The revenue impact of this order is expected to occur in 2006. Depending on the mix of products ordered, the frame agreement could be worth up to $15 million, including the order already received.
"We are gratified by this important customer's continued confidence in Alvarion," said Tzvika Friedman, CEO and President of Alvarion. Our industry-leading products coupled with outstanding service serve as the foundation for our ongoing partnership. We are pleased to support the enhancement and expansion of this strategic customer's networks."
About Alvarion
With more than 2 million units deployed in 130 countries, Alvarion is the worldwide leader in wireless broadband, providing systems to carriers, ISPs and private network operators, and also in extending coverage of GSM and CDMA mobile networks to developing countries and other hard to serve areas.
Leading the WiMAX revolution, Alvarion has the most extensive deployments and proven product portfolio in the industry covering the full range of frequency bands with both fixed and mobile solutions. Alvarion's products enable the delivery of business and residential broadband access, corporate VPNs, toll quality telephony, mobile base station feeding, hotspot coverage extension, community interconnection, public safety communications, and mobile voice and data. Alvarion works with several global OEM providers and more than 200 local partners to support its diverse global customer base in solving their last-mile challenges.
As a wireless broadband pioneer, Alvarion has been driving and delivering innovations for more than 10 years from core technology developments to creating and promoting industry standards. Leveraging its key roles in the IEEE and HiperMAN standards committees and experience in deploying OFDM-based systems, the Company's prominent work in the WiMAX Forum(TM) is focused on increasing the widespread adoption of standards-based products in the wireless broadband market and leading the entire industry to mobile WiMAX solutions.
For more information, visit Alvarion's World Wide Web site at www.alvarion.com.