Alvarion Receives Initial Orders from Centrowave to Deliver Wireless F

    Business Editors/High-Tech Editors

    TEL-AVIV, Israel--(BUSINESS WIRE)--March 29, 2005--Alvarion Ltd. (NASDAQ:ALVR), the world's leading provider of wireless broadband solutions and specialized mobile networks, and its strategic partner, Siemens Communication Networks Ltd., announced today the receipt of initial orders for $0.5 million from Centrowave, an alternative carrier in Austria.
    Centrowave selected Alvarion's WALKair 3000(TM) solution to build an LMDS broadband wireless point to multipoint network in the heart of Vienna using the 26 GHz frequency band. The network will provide high-capacity IP services to business customers over broadband wireless. By doing so, Centrowave will avoid the high costs of laying fiber in the city center and the surrounding areas. The LMDS network, utilizing the symmetrical 36 Mbps per channel of the WALKair 3000, will provide very high speed broadband IP, leased line, and TDM voice services to large and medium business customers.
    "Going with a wireless solution simply proved to be a better economic option than all the others, especially when compared to fiber," related Sascha Konul, CEO of Centrowave. "We find the low initial investment to be a very attractive factor, combined with the ability to immediately offer our subscribers a fast broadband currently available. Given this network will service commercial and banking needs, its versatility meshes well with our various customers."
    Specifically designed for new and established carriers, Alvarion's WALKair 3000 is optimal for high-capacity voice and data last-mile solutions by ensuring dependable, robust service. Upon deployment, Centrowave will optimize its business case with services to any size customer, at the highest coverage capacity available. Secure and "always-on" banking service connections are among the planned uses for this high-speed wireless broadband.
    "Centrowave joins the growing number of Alvarion customers who now serve users in developed, urban sectors as alternatives to fiber," commented Tzvika Friedman, President of Alvarion. "More and more, carriers of all sizes see Alvarion's broad and flexible product line as ideal for meeting their diverse needs and service areas. In this case, WALKair 3000 is perfectly suited for the services and speeds demanded in urban areas while supporting rapid roll-out with a minimal initial investment and quick return on investment."
    "We are proud that Centrowave has chosen us for this challenging project," said Dietmar Appeltauer, President of Siemens Com in Austria. "Alvarion's field-proven technology and systems have performed consistently well for operators to fill broadband coverage "gaps," as even urban areas are far from 100 percent coverage with fiber. We look forward to continued cooperation with Alvarion, and we will be available to offer support for this project."

    About Centrowave

    Centrowave Breitband Services GmbH. was founded in April 2004 and is a joint venture of Raiffeisen Informatik (the data center of the largest banking group in Austria) and Mount Vernon AG (Switzerland). Centrowave owns a 26 GHz license for all of Austria and is in the first stage of developing a Wireless Local Loop Network in the area of Vienna. The main target groups are large and medium business customers. Centrowave is offering LAN-to-LAN Interconnection, Leased Lines, Backup solution, high available data center connections for banking solutions and Broadband Internet access.

    About Siemens

    Siemens Communications is one of the largest players in the global telecommunications industry. Siemens is the only provider in the market that offers its customers a full-range portfolio, from devices for end users to complex network infrastructures for enterprises and carriers as well as related services. Siemens Communications is the world's innovation leader in convergent technologies, products and services for wireless, fixed and enterprise networks. It is the largest Group within Siemens and operates in more than 160 countries around the world. In fiscal 2004 (year-end Sept. 30), its 60,000-strong workforce posted sales of approximately 18 billion euros.
    For more information, visit www.siemens.com/com.

    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, and also in extending coverage of GSM and CDMA mobile networks to developing countries and other hard to serve areas.
    Leading the WiMAX revolution, Alvarion has the most extensive deployments and proven product portfolio in the industry covering the full range of frequency bands with both fixed and mobile solutions. 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, public safety communications, and mobile voice and data. Alvarion works with several global OEM providers and more than 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 more than 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 in deploying OFDM-based systems, the Company's prominent work in the WiMAX Forum(TM) is focused on increasing the widespread adoption of standards-based products in the wireless broadband market and leading the entire industry to mobile WiMAX solutions.
    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.

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CONTACT: Investor: Alvarion Ltd. 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: In the U.S. Donna Carlson, +1-972-308-9115 dcarlson@golinharris.com or In the U.K. Bridget Fishleigh, +44-127-362-4442 bridget@nomadcomms.com

KEYWORD: NEW YORK AUSTRIA ISRAEL UNITED KINGDOM INTERNATIONAL AFRICA/MIDDLE EAST EUROPE INDUSTRY KEYWORD: SOFTWARE NETWORKING INTERNET E-COMMERCE HARDWARE PRODUCT MARKETING AGREEMENTS SOURCE: Alvarion Ltd.

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