TEL AVIV, Israel, May 21, 2013 (GLOBE NEWSWIRE) -- 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 TigoBusiness Nicaragua has chosen the company's carrier-grade Wi-Fi solution as its platform for Wi-Fi networks. To date, TigoBusiness has deployed several Wi-Fi networks using the Alvarion solution to deliver a range of services throughout the country.
"We searched for a solution that would allow us to cost-effectively connect a large number of users with a minimal number of access points. We tested a number of different vendors before we chose to use Alvarion as the platform for our Wi-Fi network solution," said Nestor Martinez, Business Unit Manager, TigoBusiness Nicaragua. "Alvarion's solution proved to be robust and provided the necessary performance in terms of speed, coverage and security as well as the QoS to support video and other applications. In addition, the solution is cost effective and scalable as we expect the networks we deploy to rapidly grow."
To complement its fixed network and other services, TigoBusiness Nicaragua is using Alvarion's carrier-grade Wi-Fi base stations to offer customers an end-to-end Wi-Fi solution. TigoBusiness is targeting various sectors, including –
- Universities and schools: cross campus Wi-Fi, facilitating new e-learning programs, video streaming and content sharing, fostering better teaching and learning experience for students and staff.
- Retail stores: enabling a new shopping experience, efficient store management and video security over Wi-Fi.
- Enterprise and government: managed Wi-Fi networks, supporting secured access for employees and visitors with Bring-Your-Own-Device (BYOD) hand-held devices, improving collaboration and efficiency, and facilitating Cloud services (provided by TigoBusiness as well).
- Logistical and distribution centers: utilizing the Wi-Fi network to enable the use of warehousing applications for more efficient inventory control and management.
- Industry: utilizing the Wi-Fi network to manage industrial processing controls across the manufacturing line in the food industry (including, peanuts, sugar and beer).
- Metro Hot Zones: public Wi-Fi access in crowded locations to serve residents, local businesses and tourists, promoting economic development.
"We are thrilled to have such a prominent and highly-regarded service provider as our partner. We won TigoBusiness as a customer after a testing and selection process in which we demonstrated the many benefits of our carrier-grade Wi-Fi solution vs. competition. With TigoBusiness as a partner we have a solid foundation to expand our presence in Nicaragua," said Zeev Farkash, EVP of Sales at Alvarion. "The prevalence of Wi-Fi is growing worldwide, with demand for both private, enterprise-own, networks as well as networks providing public access. We believe we have the right technology to be successful and continue winning customers such as TigoBusiness."
Among TigoBusiness' Wi-Fi customers to date are Universidad Americana, a private university with a student body of approximately 3,000, dedicated to the development and improvement of higher education in Nicaragua and committed to international diversity through the Go Global program and which prides itself with being equipped with the most modern technology; the Pierre & Marie Curie School, a private trilingual school with more than 500 students enrolled, best known for its large multicultural student body and arts specialty (home to the first Latin American school observatory where the asteroid 2012 FE52 was discovered); SINSA Hardware Stores, the largest chain of hardware and "do it yourself" stores in the country; and the Instituto Nicaraguense de Turismo, a government agency responsible for promotion and development of tourism in Nicaragua.
Alvarion's carrier-grade Wi-Fi solution includes advanced carrier-grade, wireless broadband base stations operating in the 2.4 and 5 GHz unlicensed bands using spatially adaptive Beamforming technology and interference mitigation algorithms to provide optimal connectivity, extended range, increased capacity, indoor penetration and uniform coverage.
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About TigoBusiness Nicaragua
TigoBusiness Nicaragua (which previously operated under the "Amnet" brand) builds carrier class telecommunication infrastructure since 2003 for corporate services in Nicaragua and since 2008 is owned by Millicom International, www.millicom.com (operating under the "Tigo" brand), a public company with 46 million of users in Latin America and Africa. Today a market leader in Nicaragua, TigoBusiness provides a complete set of solutions for corporate, medium-sized enterprises, education and the government sector.
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.
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