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Nov 12, 2002

Japan's SpeedNet Places A Follow On Order For Additional 20,000 Alvarion Subscriber Units



Successful Wireless ISP Continues to Expand One of the World's Largest BWA Deployments  
 
Tel Aviv, Israel, November 12, 2002 Alvarion Ltd. (NASDAQ: ALVR), a leading provider of Broadband Wireless Access (BWA) solutions, today announced that it has received a follow-on order for 20,000 BreezeACCESS™ subscriber units from SpeedNet Corporation, a Japanese wireless Internet Service Provider, bringing its total purchases from Alvarion to 40,000 subscriber units. SpeedNet is now among the largest BWA deployments in the world.

Founded in 1999 as a joint venture of the Tokyo Electric Power Company (TEPCO), Softbank and Microsoft, SpeedNet is a pure-play wireless ISP serving the greater Tokyo metropolitan area. It provides always on high speed Internet access. Alvarion's robust, easy-to-deploy BreezeACCESS technology enables SpeedNet to provide high-quality, affordable services in densely populated areas. Leveraging TEPCO's vast electricity pole infrastructure and fiberoptic backbone, SpeedNet has been able to launch its services quickly and cost-effectively. In the initial phase, SpeedNet connected more than 23,000 residential customers in Tokyo, Saitama, Kanagawa, and Chiba.

Commenting on the news, Hiroyuki Baba, Exective Vice President of SpeedNet, said, "SpeedNet is now proving that the Broadband Wireless Access technology has reached maturity and can ensure mass market deployment. It can be economically deployed almost everywhere, even in regions where the competitive environment is highly challenging. Alvarion's superb technology has been the key for providing consistent, high-quality services at a price that competes successfully with DSL alternatives.

In addition, because the subscriber units are so easy to install, we have been able to guarantee very short installation times, a promise that has boosted our credibility and user base. With millions of potential customers in our target areas, we are excited to continue pursuing more customers with an even more extensive BWA network."

Zvi Slonimsky, CEO of Alvarion, added, "This is an important milestone for the industry. SpeedNet's successful mass deployment proves again that a business model built on the right technology, smart marketing, and an emphasis on service has the power to build significant revenues and a huge base of satisfied customers. The advanced features of our BreezeACCESS system, including its Frequency Hopping Spread Spectrum (FHSS) radio technology, highly robust and scalable architecture, and easy-to-deploy customer units, make it ideal for urban deployments like Tokyo. We are pleased that SpeedNet sees our technology as an important part of its success, and look forward to supporting them as they continue to expand their business."

About SpeedNet
SpeedNet Corporation is a joint venture between TEPCO (77.13%), one of Japan's ten major power companies, Softbank (10.35%), and Microsoft (10.35%). SpeedNet provides dedicated low cost, high speed Internet access based on an IP network, and using an integrated combination of optical fiber, metal, and wireless technologies.

About Alvarion
Alvarion is a premier provider of solutions based on Point-to-Multipoint (PMP) Broadband Wireless Access (BWA) used by telecom carriers, service providers, and enterprises worldwide. Alvarion systems provide Internet access and voice and data services in the last mile, cellular network feeding, building-to-building and wireless local area network (LAN) connectivity.

Alvarion offers 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 may contain 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 inability 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. 

 


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