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Feb 28, 2001

InnoWave Chosen by Telmex Mexico to Supply Fixed Wireless Access Solutions; Contract Value - US $11 Million



PETAH TIKVA, ISRAEL, February 28, 2001 - ECI Telecom LTD's (NASDAQ/NM symbol: ECIL) fully owned subsidiary, InnoWave ECI Wireless Systems Ltd., ("InnoWave"), a global leader of Fixed Wireless Access (FWA) solutions, has been chosen by Telmex Mexico to deliver MultiGain Wireless (MGW) Local Loop solutions.

Under the contract, valued at US $11 million, InnoWave's MultiGain Wireless Systems will be deployed by ECI Mexico and will provide wireless telecommunications services in Mexico. The agreement was signed after Telmex had successfully tested InnoWave's MultiGain Wireless systems.

"InnoWave's advanced MultiGain Wireless solution will support Telmex to attend to the growing service demands in a rapid and efficient way", said Telmex officials.

Hezi Lapid, President and CEO of InnoWave, stated: "We are very pleased that Telmex has chosen InnoWave as a strategic FWA supplier to deploy the MGW solution enabling the delivery of voice, data and Internet services to its subscribers".

Fixed Wireless Access systems utilize radio links instead of copper telephone lines and provide the connection between individual subscribers and telecommunications service providers.

InnoWave's MultiGain Wireless solution supports a wide range of frequency bands ranging from 800MHz to 3.8GHz. The Frequency Hopping CDMA technology used in the MultiGain Wireless system is designed to meet the specific requirements of Radio in the Local Loop. The InnoWave MGW system supports toll quality voice, high-speed voice band data, ISDN-BRI and IP packet switching services.

About Telmex:
TELMEX is a leader telecommunication enterprise in Mexico, with more than 11.7 million of lines, offering telecommunications services via a digital fiber optic network with more than 50,000 Km. TELMEX and its subsidiaries offers a wide range of communications services, data and video transmission, internet access, as well as integral telecommunications solutions to his corporate customers.

About InnoWave:
InnoWave ECI Telecom Wireless Systems Ltd. (InnoWave), a fully owned subsidiary of ECI Telecom Ltd., is a global leader in Fixed Wireless Access Systems and Wireless Local Loop (WLL) products and solutions. Over 45 telecom operators around the world have chosen InnoWave solutions and over 450,000 lines are successfully installed worldwide.

About ECI Telecom:
ECI Telecom Ltd. is a provider of integrated network solutions for digital communications and data transmission systems. The Company designs, develops, manufactures, markets and supports end-to-end digital telecommunications solutions for today's new services and converging networks. The Company's products create bandwidth, maximize revenues for network operators, expand capacity, improve performance and enable new revenue-producing services. In doing so, they enhance the capabilities of existing networks to support voice, data, video and multimedia services. ECI Telecom's equipment supports traffic in more than 500 service networks in over 145 countries.

This press release and additional information about the Company, are available on ECI Telecom's site: http://www.ecitele.com

If you would like to receive future news releases electronically, please forward your email address to corporate.marketing@ecitele.com.

Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company. By their nature, forward-looking statements involve certain risks and uncertainties including, but not limited to, complete transactions with investors, the ultimate success of the de-merger process, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission.

Contact:

Douglas Dean
ECI Telecom Ltd
New Jersey, USA
Tel: 973-401-6405

Ronnie Weinberg
InnoWave ECI
Petach Tikva, Israel
Tel: 972-3-9263518 

 


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