Notas de Imprensa

Floware's BWA System Selected By Vivendi-Hungary

Two Hungarian Carriers to Deploy Floware's WALKair
 
OR YEHUDA, Israel-July 12, 2001 - Floware Wireless Systems (NASDAQ: FLRE), a leading provider of Broadband Wireless Access (BWA) solutions, today announced that a leading Hungarian telecommunications operator, Vivendi Telecom Hungary (VTH), has chosen Floware's WALKair BWA system for new wireless networks in Hungary. This is the second Hungarian telecommunications operator to select Floware products. During Q2 2001, Floware received initial purchase orders valued at approximately $1,000,000 from its partner Siemens Information and Communication Networks Group (ICN) in Hungary and shipped equipment for these operators.

Vivendi-Hungary received a national license in Hungary's wireless frequency auction, which was completed in early June this year. Organized by the Budapest Telecommunication Authority (BHF), the auction resulted in license grants in the 3.5GHz band to five operators. Vivendi-Hungary is a subsidiary of the French's Vivendi-Universal. It plans to install the network and to deliver services starting this year.

Vivendi-Hungary will use Floware's BWA products in the "last mile" to connect business subscribers to its telecommunications backbone, thereby quickly deploying new infrastructure and providing advanced data and voice services to small- and medium-sized enterprises (SME) customers, initially in the Budapest metropolitan area, and later in other areas.

Commenting on the news, Amnon Yacoby, CEO of Floware, said, "With large investments in telecom infrastructure in Eastern Europe to help overcome inadequate infrastructure, fixed wireless is a logical choice for many operators to speed up network installation, and to cost-effectively meet the growing needs of business customers. We are pleased that our advanced system has been chosen by two Hungarian operators, just a few weeks after the close of Hungary's frequency auction. The choice of Floware by Vivendi-Hungary validates the BWA business case, and demonstrates WALKair's technological advantage."

About Vivendi-Hungary
The Vivendi Telecom Hungary (VTH) Group, the second largest wire telecommunications company in Hungary, is the Hungarian arm of Vivendi Universal, a French-based international giant which owns Universal Studios, Canal+ (France), Cegetel, several mobile operators in France and other regions, and other holdings. Since June 2000, it has served the inhabitants, enterprises and institutional clients of 9 primary Hungarian regions. In 2000, Vivendi Universal had revenues of 52.5 billion euros. It manages V-fon, a local utility telephone service provider company covering six Hungarian counties, V-com enterprise offering nationwide data transmission services and V-net, a nationwide Internet service provider to be launched in the near future. The company has invested US $550 million in Hungary and employs a staff of approximately 1,250. For more information visit http://www.vivendi.hu.

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 comprises, in particular, IP-based convergence solutions, and a full range of products for broadband access, optical transport networks as well as the integration, services and applications business. 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 ended September 30), 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: http://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, that 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 60 deployments worldwide. On April 5, 2001, Floware entered into an agreement and plan of merger with BreezeCOM Ltd., pursuant to which, upon satisfaction of certain conditions, Floware will merge into BreezeCOM. 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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