Alvarion
Home Contact Us

 Recorde o País
Company Products and Solutions News and Events Partners Customer Support Partners






Notas de Imprensa


Jul 3, 2001

BreezeCOM Announces Its Second Quarter Preliminary Results



TEL AVIV, Israel and CARLSBAD, Calif. -- BreezeCOM (NASDAQ:BRZE), BreezeCOM Announces Its Second Quarter Preliminary Results for the second quarter ending June 30th 2001.

The Company anticipates that revenues will be approximately $22.5 million, roughly 6% below the first quarter of 2001 revenues of $23.9M and approximately 8% below the second quarter of 2000 revenues of $24.5 The company will provide full quarterly information and additional guidance on July 26th in conjunction with its second quarter earnings release and conference call.

"The weakness in the telecommunication market and the challenging economic environment in the United States and Europe continues to impact the spending patterns of some of our customers,'' said Zvi Slonimsky, President and CEO of BreezeCOM ``We are nevertheless encouraged by the relative stability of our business during the unprecedented turmoil in the telecom markets. We believe that both the diversity of our customer base and the wide geographical spread of our sales base are helping us weather the current downturn and strengthen our relative market position BreezeCOM continues to believe in the opportunities in the Broadband Wireless Access market and we remain positive in our long term outlook. We believe our pending merger with Floware will further enhance our already strong leadership position in the industry and enable us to exit the current economic slow-down in a significantly stronger position."

About BreezeCOM
BreezeCOM is the leading provider of Broadband Wireless Access (BWA) solutions used by service providers and enterprises. Its products provide a wireless alternative to wired access solutions, such as DSL and cable modems, and facilitate indoor and outdoor, as well as fixed and mobile wireless LAN connectivity. BreezeCOM products are based on a packet switching point-to-multipoint wireless platform, optimized for high-speed Internet and intranet access. Core technologies include spread spectrum radio, digital signal processing, modems, networking protocols and VLSI. For more information on BreezeCOM, visit www.breezecom.com.

About the proposed merger between BreezeCOM and Floware
In connection with the proposed merger between BreezeCOM and, Floware Wireless Systems Ltd., BreezeCOM has filed a Registration Statement on Form F-4 with the United States Securities and Exchange Commission. Investors and security holders are advised to read the Registration Statement on Form F-4, because it contains important information. Free copies of the Registration Statement on Form F-4 and BreezeCOM's or Floware's other filings with the SEC may also be obtained from BreezeCOM or Floware, respectively. A copy of both companies filings with the SEC may be inspected without charge at the Public Reference Room of the United States Securities and Exchange Commission at Judiciary Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549, and copies of all or any part of the such filings may be obtained from the Public Reference Section of the United States Securities and Exchange Commission upon the payment of the fees prescribed by the United States Securities and Exchange Commission.

 


« Back to List