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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

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Post by moe_moneyon Sep 28, 2004 1:51pm
427 Views
Post# 7975212

is this why Mitec shipped products

is this why Mitec shipped products is this part of the reason why Mitec sold products the other week. China Netcom Expands Its Broadband Wireless Network to Four New Provinces Using Alvarion and Siemens Tuesday September 28, 6:09 am ET Leveraging its Licenses Awarded Earlier this Year, China Netcom Again Chooses Alvarion's WALKair(TM) Wireless Broadband Solution for Voice and Access Services TEL-AVIV, Israel & BEIJING--(BUSINESS WIRE)--Sept. 28, 2004-- Alvarion Ltd. (NASDAQ:ALVR - News), the leading provider of wireless broadband solutions worldwide, today announced that China Netcom (CNC), China's second largest fixed telecommunications provider, is expanding its deployment of the Alvarion 3.5GHz Broadband Wireless solution to additional sites in four provinces with its strategic partner, Siemens Communication Networks Ltd., Beijing (SCNB), a joint venture of Siemens AG and Chinese enterprises. The sites targeted for deployment are in the provinces of Sichuan, Zhejiang, Jiangsu, and Hunan. ADVERTISEMENT The decision follows CNC's successful deployment of Alvarion's WALKair(TM) solution in three provinces over the past year with SCNB, after securing part of 3.5GHz licenses awarded in the third round of China's frequency allocation process. CNC plans to use the versatile WALKair1000 platform to provide small-and medium-sized customers with a variety of new services and applications. Offerings include a range of IP-based access services, including Voice over IP, high-speed Internet access and leased lines (E1 and Fractional E1). The operator will also incorporate these services as the basis for cost-effective hotspots, ISP backbone services, and to support its popular "Phone Supermarket" phone-booth service concept. "CNC has emerged as one of China's most important wireless broadband players and a strategic customer for Alvarion," said Zvi Slonimsky, CEO of Alvarion. "Over the past two years, the success of the projects that we have completed for all four of China's major telcos proves that WALKair is a superb infrastructure solution for China, given its diverse and rugged terrain. We are confident that the strong partnership with SCNB plus competitive advantages help us win additional business as we participate in future tenders." About China Netcom China Netcom Group is a state-owned broadband telecommunications operator. Formed by the Chinese government in May 2002 as part of its plan to increase telecommunications competition, the enterprise is composed of three entities (China Telecom's operations in North China, Jitong Communications, a former data service operator, and the original Netcom, a broadband developer and wholesaler), and owns networks in 10 northern provinces (including Beijing, Tianjin, Hebei, Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Henan, and Shandong). China Netcom provides a full spectrum of services and solutions to meet China's broadband telecommunications needs including fixed-line voice, data, Internet, video and multimedia services, and is building a nationwide backbone. China Netcom's has assets of more than $24 billion and approximately 150,000 employees. About SCNB (previously BISC) Siemens Communication Networks Ltd., Beijing (SCNB) is a high-tech joint venture of Siemens and four Chinese enterprises formed from BISC (Beijing International Switching System Co., Ltd.), Siemens' earlier joint venture in China. With a well-established manufacturing, R&D and service base, SCNB provides full, end-to-end solutions for fixed telecommunications networks and is one of the few companies in China capable of providing full spectrum of network products. The company focuses on the marketing and manufacturing of EWSD switching systems, broadband access product (Xpresslink), Next Generation Network solutions (SURPASS) for convergence of voice and data services, IP Routing (Juniper) and Broadband Wireless Access solutions (Alvarion) for the fast developing China telecommunications market. For more information, visit www.bisc.com.cn About Alvarion With more than 2 million units deployed in 130 countries, Alvarion is the worldwide leader in wireless broadband providing systems to carriers, ISPs and private network operators. Leading the WiMAX revolution, Alvarion has the most extensive deployments and proven product portfolio in the industry covering the full range of frequency bands. Alvarion's products enable the delivery of business and residential broadband access, corporate VPNs, toll quality telephony, mobile base station feeding, Hotspot coverage extension, community interconnection, and public safety communications. Alvarion works with several top OEM providers and over 200 local partners to support its diverse global customer base in solving their last-mile challenges. As a wireless broadband pioneer, Alvarion has been driving and delivering innovations for over 10 years from core technology developments to creating and promoting industry standards. Leveraging its key roles in the IEEE and HiperMAN standards committees and experience deploying OFDM-based systems, the company's prominent work in the WiMAX Forum(TM) is focused on increasing widespread adoption of standards-based products in the wireless broadband market. For more information, visit Alvarion's World Wide Web site at 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 a number of 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: 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; as well as the in ability to establish and maintain relationships with commerce, advertising, marketing, and technology providers and other risks detailed from time to time in filings with the 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 Securities and Exchange Commission, which this press release will be a part of. You may request Alvarion's future press releases or a complete Investor Kit by contacting Carmen Deville, Investor Relations: carmen.deville@alvarion.com or +1-760-517-3188. -------------------------------------------------------------------------------- Contact: Alvarion Ltd. Investor Contacts: Dafna Gruber, +972-3-645-6252 or 760-517-3187 dafna.gruber@alvarion.com or Carmen Deville, 760-517-3188 carmen.deville@alvarion.com or Press Contact: Whitney Gilliam, 972-308-9116 wgilliam@golinharris.com
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