Alvarion® Ltd. (NASDAQ: ALVR), a
provider of optimized wireless broadband solutions addressing the
connectivity, coverage and capacity challenges of public and private
networks, today announced that their collaboration with G-Net, a WISP
Operator in Republic of Georgia, has enabled Wi-Fi connectivity in both
urban and rural Georgia. Over 600 Wi-Fi base stations enabling
carrier-grade Wi-Fi access are being deployed in heavily congested areas
in Georgia’s capital city, Tbilisi and rural villages situated
nationwide. The network provides access in the 2.4 GHz band.
According to a recent research report, in 2011 mobile penetration in
Georgia had reached 100% having increased sevenfold since 2003. G-Net
required a network that could be quickly installed and instantly supply
connectivity to all their users. Focusing on Georgia’s capital city,
Tbilisi, the base stations will be deployed in hot zones to cover highly
congested areas such as public places, stadiums and malls. Additionally,
base stations deployed in rural villages will provide high speed
internet connection and services.
Alvarion partnered with BPK in order to provide carrier-grade Wi-Fi
access for both a busy metropolitan area and to residents in rural
Georgia. The first phase of the project is currently underway and has
already enabled more than 5000 customers to be connected and have access
to services that were previously unavailable. The second phase is being
planned towards the end of the year.
“Alvarion is pleased to provide a new territory with the technology they
need to connect both rural and urban areas,” stated Hezi Lapid,
President and CEO of Alvarion. “Our partnership with BPK has allowed us
to seamlessly implement this solution for G-Net and their customers.”
“With the exponential growth of customers and data requirements, we
needed a solution that could cost-effectively provide services for all
connectivity needs for crowded and sparsely populated areas,” stated
Paata Kikodze, General Manager, G-Net. “Alvarion’s Wi-Fi solution
allowed us to give hotspot connectivity in many villages in Rural area
while providing customers in outlying areas with high quality service
internet and surfing capabilities.”
About G-Net
G-Net LLC was founded in 2011. Company focuses mainly on retail
subscribers residing in rural regions of Georgia. G-Net LLC provides
service packages based on Wi-Fi and FTTH standards. G-Net LLC along with
other Delta companies participate in the Government of Georgia
initiatives aimed to increase digital service penetration in rural
regions. As part of these initiatives service packages will be offered
in other regions of Eastern and Western Georgia.
About Alvarion
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 strategic 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
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; 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 US 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, Sivan.farfuri@alvarion.com
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.
