This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BBS Selects Alvarion To Help Bolster Education, Healthcare And Tourism In Remote Newfoundland Community

BreezeULTRA is a point-to-point solution offering 250 Mbps net-throughput best suited for high capacity IP backhauling and connectivity. The BreezeULTRA is software upgradable to a two-radio double capacity system to be released in the second quarter of 2013.

BreezeNET B solution is a point-to-point solution providing highly reliable connectivity and support distances of more than 60 kilometers (37 miles).

BreezeACCESS VL is a point-to-multipoint solution optimized for voice, video and data applications in urban and rural settings. With strong QoS and security features the BreezeACCESS VL can meet the needs of a wide variety of mission critical applications.

Follow us on Twitter

See us on LinkedIn

About Burgeo Broadcasting System (BBS)

Since its inception in 1981, the Burgeo Broadcasting System (BBS) has operated as a non-profit company that is owned by the subscribers of the local cable system. The company is managed by a group of ten volunteer board members and has six volunteer programming assistants with four paid employees. The main purpose of the Burgeo Broadcasting System is to ensure that all residents in Burgeo have the best television, radio and Internet possible for its subscribers at a low monthly rate. Burgeo Broadcasting System recognizes the economic situation in these communities and has continued in its efforts to keep the monthly fees to a minimum, while maintaining a viable not- for profit business. All monies realized each year go directly into the company to provide such services.

In February of 2001, Burgeo Broadcasting System began the BBS ICT Project. The BBS ICT Project was an innovative undertaking to connect the remote rural communities of this area. One of its objectives was to bring Internet connectivity to the remote communities via the Community Access Program. The project conducted educational sessions to help teach the general public first how to use computers, and secondly how to use the Internet as a productivity tool to help enhance rural sustainability. BBS ICT Project is an effort to enhance essential services and to facilitate economic development of the five project communities Burgeo, Francois, Grand Bruit (now resettled), Grey River and Ramea, all of which are located on Newfoundland's southwest coast. While Burgeo is very much an isolated community, being at the end of a 146 km highway, Ramea, Grey River and Francois are only accessible by boat or by air. These are arguably some of the most remote communities in the province and in the Rural Secretarial Region of Stephenville – Port Aux Basques.  Burgeo Broadcasting System recognizes access to modern telecommunication infrastructure and service is vital in many aspects of education, businesses, entertainment, personal, and public relationships, healthcare, business and community life.

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 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, 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.

CONTACT: Investor Contacts:
         
         Avi Stern, CFO
         +972.3.746.4333
         avi.stern@alvarion.com
         
         Elana Holzman
         +972.3.645.7892
         elana.holzman@alvarion.com
         
         Press Contacts:
         
         In the U.S.: John Conrad
         +1.703.390.1538
         conrad@merrittgrp.com

Alvarion Logo

2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,083.80 -2.83 -0.02%
S&P 500 1,987.98 +0.97 0.05%
NASDAQ 4,472.1080 -1.5890 -0.04%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs