December 24, 2007
Tzvika Friedman, President and CEO of Alvarion said, "2007 was a year of considerable success as we were chosen for projects by operators ranging from large incumbents such as Cable & Wireless and Telkom South Africa to innovative challengers such as Digital Bridge and Enforta, as well as rapidly growing mobile operators such as Digicel. We are gratified to conclude the year with a major competitive win in which we were selected as the global WiMAX supplier to a Tier 1 operator."
"The past year represented a shift toward a preference for 802.16e-based solutions for all types of WiMAX applications. Alvarion recognized this trend and was among the first to ship a solution based on 802.16e," said Berge Ayvazian, Chief Strategy Officer of Yankee Group. "During 2007, Alvarion continued to show strong momentum and reinforced its well-deserved reputation as a premier WiMAX solutions provider, even as they faced increased competition from larger equipment suppliers."
Alvarion participated in important milestone events for the WiMAX industry during 2007:
"Looking ahead to 2008, we anticipate additional important milestones for WiMAX," continued Friedman. "Spectrum allocation in key regions, commercial availability of WiMAX enabled devices, and Wave 2 certification of 802.16e solutions are key factors to maintaining WiMAX momentum."
Alvarion management will be hosting an event for the investment community in New York City on January 15, 2008, to further elaborate on Alvarion ' s WiMAX vision and strategic view of the market. The company has invited operators and ecosystem partners from around the world to participate and offer their unique perspective. The event will feature a live webcast which will begin at approximately 8:00 a.m. EST.