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Alvarion
and Accton Form Company to Develop Mass Market Consumer Devices for
WiMAX
Other Topics:
WiMAX Carrier-Class Mesh Networking,
Multi-Gigabit-Per-Second Wireless Fiber,
Certified WiMAX Broadband Equipment,
WiMAX Consumer Equipment
Alvarion Ltd
January 8, 2007
Accton Wireless Broadband To Supply Carriers, Service Providers And
Other WiMAX Equipment Manufacturers Worldwide
Tel Aviv, Israel & Taiwan -- Alvarion Ltd. (NASDAQ: ALVR), the world’s
leading provider of wireless broadband and WiMAX solutions, and Accton
Technology Corporation (TAIEX: 2345), the Asian provider of networking
and communications equipment, today announced that together they have
formed Accton Wireless Broadband (AWB) - a new company based in Taiwan -
to develop mass market WiMAX consumer electronic devices in order to
complement Alvarion’s WiMAX offerings while facilitating the transition
of WiMAX and Personal Broadband services to worldwide availability. |
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AWB (www.awbnetworks.com)
will be an innovative, fast-moving organization designing and developing
high volume customer premises equipments (CPEs) and other end user
devices based on the 802.16e-2005 WiMAX specifications, or what is
commonly referred to as mobile WiMAX. AWB will sell its devices to
Alvarion to be part of its Open WiMAX solution 4Motion which uses Best
of Breed systems, as well as other broadband wireless systems and
solutions to be delivered as part of their offerings to carriers,
service providers, and end-users worldwide.
Mass market consumer devices connecting to Open WiMAX™ networks will be
the standard technology for business and personal users to access media
centric Personal Broadband telecommunications services including voice,
video, and data offerings. This cooperation augments Alvarion’s 4Motion™
Open WiMAX solution to include a wide variety of industry-standard,
WiMAX enabled devices and customer-premise equipment while significantly
enhancing the number and types of self-installable and outdoor WiMAX
CPEs.
“This is a great opportunity to partner with one of the biggest
broadband wireless companies in the world,” said A.J. Huang, CEO of
Accton Group. “The combination of Alvarion’s market leading core
technology and long deployment history with Accton’s research and
development capabilities in wireless OEM products will greatly
accelerate the introduction of next generation wireless broadband
consumer products with advanced features. We are extremely pleased to
have the opportunity to work with Alvarion in creating AWB, and in
driving it to being a leading company in WiMAX end user devices.”
With the formation of AWB, Accton is leveraging its IP networking and
communications equipment experience, high-volume, cost-effective
manufacturing, and vast working knowledge of using strategic
partnerships to design, develop and manufacture innovative, leading-edge
products. Alvarion is contributing its experience from helping to lead
the development of the WiMAX specification and the development of its
own WiMAX products from the beginnings of the industry, in addition to
its current position as the world’s leading vendor of WiMAX equipment.
Initially, AWB will concentrate on the production of PCMCIA cards,
indoor self-installable, and outdoor Residential Gateways with an
expected release date in Q2 of 2007.
“Alvarion’s core WiMAX expertise, experience and strong sales channels
combined with Accton’s experience in consumer electronics, innovation,
and creativity will propel AWB to becoming a world-class supplier of
WiMAX devices and CPEs,” said Tzvika Friedman, chief executive officer
of Alvarion. “In addition, AWB allows Alvarion to economically expand
its leadership in WiMAX CPEs as it transitions to a mass market,
offering a wider variety of innovative end user devices to our
customers. It is a strategic element of our 4Motion Open WiMAX solution,
as we continue to focus on building all the element of the 4Motion
solution.”
According to a recent Maravedis market research, the WiMAX and
proprietary CPE equipment market will reach an annual US$3.7 billion in
2012, rising from US$490 million in 2006.
A catalyst for this venture is M-Taiwan, a government initiative to
create a mobile 'Ubiquitous Network' and provide e-services throughout
Taiwan. "The establishment of this promising AWB joint venture is an
important industry endorsement of the M-Taiwan initiative," said Ho
Mei-Yueh, Minister without portfolio, Taiwan Executive Yuan. "The
winning combination of Alvarion, the worldwide WiMAX leader, and Accton,
a leading IP device vendor in Asia, is strategic for the WiMAX industry
in creating strong synergies to advance the creation of a worldwide
WiMAX ecosystem while being something that benefits Taiwan overall.”
About Accton Technology Corporation
Accton Technology Corporation (TAIEX: 2345) is a global premier provider
of networking and communications solutions for top tier networking,
computer, and telecommunications vendors. Leveraging its advanced
software applications and state-of-the-art ASIC, Accton collaborates
with its strategic partners to design, develop and manufacture
innovative, leading-edge technologies. The company’s constantly-evolving
core technology, highly-qualified employees and aggressive cost
engineering make it possible for Accton to deliver superior products
that are as affordable as they are robust. For more information about
Accton and its subsidiaries, visit www.accton.com.
About Alvarion
With more than 2 million units deployed in 150 countries, Alvarion is
the world’s leading provider of innovative wireless network solutions
enabling personal broadband services to improve lifestyles and
productivity with portable and mobile data, VoIP, video and other
applications. Providing systems to carriers, ISPs and private network
operators, the company supplies solutions in both developed and
developing countries.
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™ 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
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 a
number of 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: 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;
as well as the in ability to establish and maintain relationships with
commerce, advertising, marketing, and technology providers and other
risks detailed from time to time in filings with the 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
Securities and Exchange Commission, which this press release will be a
part of. |
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