Notas de Imprensa

FirstMark Spain has completed the first stage of its network deployment covering 26 cities using BWA technology from Siemens and Floware.

Joint press release by FirstMark, Siemens Information and Communication, and Floware
 
London, Frankfurt, Madrid, Or Yehuda, May 22, 2001. Today FirstMark Spain announced that it has deployed Siemens and Floware Broadband Wireless Access (BWA) Network technology to provide services in 26 Spanish cities. Phase 1 involved deployment of 171 base stations throughout Spain to cover all cities with more than 200,000 inhabitants. In the coming months, FirstMark will expand its network to additional regions.

The company is now building commercial momentum with a national marketing campaign aimed at the small and medium-sized enterprise (SME) market. FirstMark Spain launched commercial broadband wireless access (BWA) services in early March, and has already successfully provided services to its first customers.

To assist in first-phase system installation, FirstMark Spain worked together with Siemens Information and Communication Networks Group (ICN), and its partner, Floware Wireless Systems (NASDAQ: FLRE), which supplied WALKair BWA network equipment in the 3.5 GHz frequency range. As it moves into the stage of massive subscriber connection phase, FirstMark Spain has begun ordering advanced WALKair terminal stations to connect individual customers to the network, and will continue to rely on Siemens for professional services.

Commenting on the news, Jose Fernandez Lizaran, CEO of FirstMark Spain, said, "We are pleased that the market is responding so positively to our new BWA services, and very satisfied with the network's performance. The advanced infrastructure enables us to deliver high performance telecommunication services at very competitive prices."

Luis Duenas, CEO ICN Group of Siemens Spain added, "The successful installation of this complicated network in such a condensed timeframe proves the value of BWA technology, along with the necessity for experienced project management. With each new installation of WALKair-based BWA networks, we become more convinced that fixed wireless technology is a winning solution for SMEs."

Amnon Yacoby, CEO of Floware, said, "We are proud that our WALKair technology was chosen by FirstMark Spain, one of the strongest carriers in an important BWA market. So far, more than 1000 terminals have been ordered, and we expect to supply many more as they continue to roll out commercial services. We remain dedicated to providing FirstMark Spain with the uncompromising support and ongoing technology enhancements that will enable them to maximize revenues and profits from demanding SME customers."

About FirstMark Spain
FirstMark Spain is providing a global broadband telecommunications service with LMDs technology. FirstMark Sapin offers high speed internet access, voice telephony and data transmition to SME. FirstMark Spain also offers its broadband network infrastructure to other operators and providers of ISP and ASP services.
FirstMark plans to invest 27,000 million pesetas by the end 2001. FirstMark Spain's shareholders are FirstMark Communications Europe, Prisa, America Movil (Grupo Telmex), Inform‡tica El Corte Ingles, Omega Capital, Caja Duero, Caja San Fernando, Ibercaja, Monte de Piedad y Caja de Ahorros de Huelva y Sevilla y Diario de Burgos.
Further information about FirstMark Spain is available at: http://www.firstmark.es

About Siemens Information and Communications Networks
Siemens Information and Communications 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 to the infrastructure of the Next Generation Internet, a prerequisite for mobile business. In fiscal year 2000 (year-end 30 September) 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
Siemens S.A. Luis Ongil Jefe de Prensa y Medios de Comunicacion Division Comunicacion Orense, 2 - 4 plta. 28020 Madrid Tel: 91 514 88 83 Fax. 91 514 80 06 longil@ssa.siemens.es
Laura Merino Del R’o Responsable de Prensa Tecnica Division Comunicacion Orense, 2 - 4 plta. 28020 Madrid Tel: 91 514 81 23 Fax. 91 514 80 06 lmerino@ssa.siemens.es

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 (CLECs) which connect business customers in the "last mile.Ó 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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