UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2004
Commission File Number: 0-30628
ALVARION LTD.
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(Translation of registrant's name into English)
21A Habarzel Street, Tel Aviv 69710, Israel
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(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F |X| Form 40-F |_|
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes |_| No |X|
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-___________
The following are included in this report on Form 6-K:
Sequential
Exhibit Description Page Number
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1. Press release, dated March 18, 2004 3
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EXHIBIT 1
Contacts
Dafna Gruber, CFO Carmen Deville
+972 3 645 6252 760-517-3188
760-517-3187
dafna.gruber@alvarion.com carmen.deville@alvarion.com
FOR IMMEDIATE RELEASE
ALVARION EXTENDS BREEZEACCESS(TM) VL TO THE EUROPEAN 5.4
GHZ UNLICENSED BAND ENABLING WIDELY AVAILABLE, AFFORDABLE
BROADBAND CONNECTIONS
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Employing OFDM Technology, Product Eases Installation, Increases
Range in Urban and Foliage Dense Environments in Delivering Broadband
Services to Businesses and Residences
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Product to Be Officially Unveiled at CeBIT 2004
Tel - Aviv, Israel, March 18, 2004 - Alvarion Ltd. (NASDAQ: ALVR), the global
leader in wireless broadband solutions, today announced its new BreezeACCESS(TM)
VL system, a solution that employs OFDM, a technology which is the basis of the
coming WiMAX standard, for the 5.4GHz unlicensed frequency bands in the European
market. Targeting small and medium enterprises (SMEs), multi-tenant units
(MTUs), and even residential markets where DSL or cable modem services are not
available, the VL is perfectly suited to fill broadband gaps in service provider
infrastructure and for building private broadband networks.
As the newest addition to Alvarion's BreezeACCESS product line, the 5.4 GHz VL
builds on a platform that has already enjoyed wide deployment success throughout
the world in the 5.8 GHz unlicensed bands of the US, China, Russia, the UK, and
Ireland. European governments are the latest to make unlicensed bands in 5 GHz
available to carriers and enterprises to meet the growing demand for broadband
connections. Unlicensed bands are optimally used by carriers in suburban and
rural areas where interference is not a problem and by enterprises and others,
such as government entities, who want to build private broadband networks.
The BreezeACCESS VL contains several advanced features including exceptional
non-line-of-sight (NLOS) capabilities to increase range in both urban and
foliage-dense environments and dynamic frequency selection (DFS) and automatic
transmit power control (ATPC) to improve operational flexibility while complying
fully with European and US regulations. The combination translates into expanded
range enabling operators to reach more customers in their service areas and
reduced installation and maintenance costs overall.
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Paul Doody, Managing Director of Irish Broadband, said: "The broadband fixed
wireless network we built using the BreezeACCESS VL has exceeded both our
expectations and those of our customers. The flexibility to install base
stations where demand is highest has enabled us to grow rapidly, whilst keeping
our costs low. By expanding our network and using the latest technology - namely
5GHz networks - we will be able to meet the soaring demand for broadband
services in Ireland. Alvarion has proved to be an invaluable partner - its
investment in research and development, and production of equipment which the
market is demanding has impressed us fully."
In the United States, where the BreezeACCESS VL has been actively deployed for
almost a year, many customers are also using the product's advanced features to
cover more area and serve more customers due to its advanced bandwidth
throughput and NLOS algorithms.
"We tested equipment from multiple vendors, and Alvarion came out top in all
criteria we measured including quality of service and bandwidth availability",
commented Darol Lain, CEO of Sting Communications. "BreezeACCESS VL's NLOS
capability more than matched the demands of the terrain and the knowledge and
expertise of Alvarion's people proved invaluable. And so we have decided that
both now and in the future as our network expands, we will only use Alvarion
equipment".
Commenting on the announcement, Zvi Slonimsky, CEO of Alvarion, said, "With high
capacity and a rich mix of exciting features, BreezeACCESS VL is what BWA
operators need to complement and in some cases even win over fiber and xDSL in
serving SME and MTU customers. A significant extension of our proven
BreezeACCESS solutions, BreezeACCESS VL at 5.4 GHz helps answer the ever-growing
demand for 5GHz products, and gives our customers an expanded technology
migration path."
With this newest addition to the BreezeACCESS product line, Alvarion continues
to expand the industry's largest, most economically compelling complement of BWA
products in the market.
# # #
About Alvarion
With over 1.5 million units deployed in 130 countries, Alvarion is the worldwide
leader in wireless broadband providing systems to carriers, ISPs and private
network operators. Featuring the industry's most extensive portfolio and
covering the full range of frequency bands, the company's products enable the
delivery of business and residential broadband access, corporate VPNs, mobile
base station feeding, Hotspot coverage extension, community interconnection, and
public safety communications. Alvarion works with several leading OEM providers
and through over 200 local partners to support its diverse customer base in
solving their last mile connection challenges wherever located.
As an industry pioneer, Alvarion has been driving and delivering wireless
broadband innovations for 10 years from core technology developments to creating
and promoting industry standards. Most recently offering OFDM-based systems and
taking leading roles in the IEEE and HiperMAN standards, the company's prominent
work in the WiMAX ForumTM is focused on leading the wireless broadband market to
widespread adoption of standards-based products.
For more information, visit Alvarion's World Wide Web site at www.alvarion.com
This press release may contain 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
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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
inability 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 760-517-3188.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALVARION LTD.
Date: March 18, 2004 By: /s/ Dafna Gruber
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Name: Dafna Gruber
Title: Chief Financial Officer
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