|By Business Wire||
|January 15, 2013 02:00 AM EST||
Alvarion® Ltd. (NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced that its carrier-grade Wi-Fi base stations are currently being deployed in Tokyo to enable 3G data offload by one of Japan’s largest mobile operators.
Alvarion’s Wi-Fi base stations will cover major train stations and congested areas in downtown Tokyo business districts. These base stations will provide data connectivity to people and commuters in the area, thus enabling the offload of heavy traffic from the 3G network. This deployment is the initial phase of a nationwide deployment targeting crowded public spaces where data usage is in high demand.
Hitachi Cable Networks, Ltd., Alvarion’s partner in Japan, chose Alvarion’s Wi-Fi solution after a lengthy testing and selection process, focusing on carrier-grade quality and performance in crowded areas.
“We see this project as an important milestone in introducing Alvarion’s Wi-Fi solution to the Japanese market. We believe that Alvarion’s carrier-grade solution is the most effective solution for mobile data traffic in congested areas in Tokyo and in other major cities in Japan,” said Teruaki Tsutsui, President and Board Director, Hitachi Cable Networks. “Alvarion’s Beamforming-based Wi-Fi solution allows us to provide our customer, a tier one mobile operator, the best coverage and capacity in challenging congested downtown areas, thus ensuring the highest quality of service to the end-user and a low cost of ownership.”
“We are honored to serve this major customer in Japan and pleased that Hitachi Cable Networks selected Alvarion’s carrier-grade Wi-Fi solution following a battery of strict testing and head-to-head comparison to our competitors,” stated Hezi Lapid, President and CEO of Alvarion. “This win, allows the customer to seamlessly integrate our solution into their 3G network, enabling them to offload a major part of the data traffic in the most congested areas.”
Japanese train stations are amongst the busiest in the world and include some of the most creative interactive advertising techniques using smartphones, tablets and data communications, such as the QR (Quick Response) code which enables quick and easy access, creating particularly heavy data traffic which overloads mobile networks.
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About Hitachi Cable Networks
Hitachi Cable Networks, Ltd. is one of the group companies involved in the information network integration enterprises of Hitachi Cable. Under the motto, “Empowering Energy & Communication”, Hitachi Cable Networks provides one-stop total network solutions in fields including networks, security, visual communications, and total management services.
Hitachi Cable Networks has a record of working with clients in various sectors including hospitals, universities, government offices, distribution, and railroad companies around Japan. We provide optimal solutions through responding to the individual needs of the unique business styles of our clients with flexible ideas and high-quality services by combining products from Japan and overseas, including our own products.
Alvarion Ltd. (NASDAQ:ALVR) provides optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of telecom operators, smart cities, security, and enterprise customers. Our innovative solutions are based on multiple technologies across licensed and unlicensed spectrums. (www.alvarion.com)
This press release contains 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 various 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: our failure to fully implement our 2012 turnaround plan, our inability to reallocate our resources and rationalize our business in a more efficient manner, potential impact on our business of the current global macro-economic uncertainties, the inability of our customers to obtain credit to purchase our products as a result of global credit market conditions, the failure to fund projects under the U.S. broadband stimulus program, continued delays in 4G license allocation in certain countries; the failure of the products for the 4G market to develop as anticipated; our inability to capture market share in the expected growth of the 4G market as anticipated, due to, among other things, competitive reasons or failure to execute in our sales, marketing or manufacturing objectives; the failure of our strategic initiatives to enable us to more effectively capitalize on market opportunities as anticipated; delays in the receipt of orders from customers and in the delivery by us of such orders; our failure to fully and effectively integrate the business and technology of Wavion Inc., acquired by us in November 2011, into our products and realize the expected synergies from the acquisition; the failure of the markets for our (including Wavion's) products to grow as anticipated; our 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; our inability to establish and maintain relationships with commerce, advertising, marketing, and technology providers; our inability to comply with covenants included in our financing agreements; our inability to raise sufficient funds to continue our operations, either through equity issuances or asset sales; and other risks detailed from time to time in the Company’s annual reports on Form 20-F as well as in other filings with the U.S. Securities and Exchange Commission.
Information set forth in this press release pertaining to third parties has not been independently verified by Alvarion and is based solely on publicly available information or on information provided to Alvarion by such third parties for inclusion in this press release. The web sites appearing in this press release are not and will not be included or incorporated by reference in any filing made by Alvarion with the U.S. Securities and Exchange Commission, which this press release will be a part of.
You may request Alvarion's future press releases by contacting Sivan Farfuri, [email protected] or +972.3.767.4333. Please see the Investor section of the Alvarion website for more information: http://www.alvarion.com/investors.
Alvarion®, its logo and certain names, product and service names referenced herein are either registered trademarks, trademarks, trade names or service marks of Alvarion Ltd. in certain jurisdictions. All other names are or may be the trademarks of their respective owners.
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