ALVR is trying to stay above the $11 level in spite of the slumping market after some news from Taiwan.
bigcharts.marketwatch.com
Alvarion’s 4Motion Used in ITRI’s First M-Taiwan WiMAX™ Application Lab for Innovative Network Research
TEL AVIV, Israel, November 5, 2007 — Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, today announced that its Mobile WiMAX™ technology has been chosen for the first WiMAX Forum™
M-Taiwan WiMAX Application Lab (MTWAL), managed by ITRI at the campus in Hsinchu.
The new lab, also referred to as a Proof-of-Concept (PoC) lab, has just been opened by ITRI for the purpose of testing and developing innovative Mobile WiMAX applications.
Expansion of network coverage throughout the Hsinchu Science Park, National Chiao Tung University, and National Tsing Hua University, is planned as part of the project’s next phase.
Alvarion’s IEEE 802.16e end-to-end 4Motion™ solution will provide various applications over Mobile WiMAX, and promote multi-vendor interoperability performance of WiMAX™ equipment at the 2.5 GHz frequency band.
“After working with the WiMAX expert Alvarion for two years, and learning their unique Mobile WiMAX technology, it is clear that their 4Motion offering is the best solution for us,” said Dr. Gin-Kou Ma, Deputy General Director of SoC Technology Center (STC) of ITRI.
“Alvarion’s complete solution enables quick and easy deployment of mobile broadband services. Leveraging our advanced Mobile WiMAX research, we plan to offer mobile applications throughout the campus and beyond, while assisting Taiwan in maintaining a competitive position in the WiMAX industry overall.”
“Enjoying the outcome of our mutual efforts with ITRI, we are excited about the opening of the MTWAL and the deployment of our 4Motion solution in the Hsinchu campus,” said Rudy Leser, corporate vice president strategy and marketing of Alvarion.
“We believe that our OPEN WiMAX solution provides ITRI with the advantage of a best-in-class offering for their research development needs, and enhances their position as a leading telecommunications R&D center in the growing mobile market of Taiwan.”
About OPEN WiMAX
Alvarion’s all-IP OPEN WiMAX architecture is the foundation of its operator-centric best of breed 4Motion solution.
Whether providing a complete Alvarion-based network, or combining BreezeMAX’s superior radio technology with network elements from its world-class ecosystem of partners, Alvarion delivers an end-to-end solution that is tailored to the specific requirements of each operator.
About ITRI
The Industrial Technology Research Institute (ITRI) is a non-profit R&D organization engaging in applied research and technical services (www.itri.org.tw).
Founded in 1973, ITRI has played a vital role in transforming Taiwan’s economy from a labor-intensive model to a high-tech industrial one.
ITRI is a multidisciplinary research center. It has six core laboratories, five focus centers, five linkage centers, several business development units, and other supporting units.
ITRI has 6,000 employees, and serves as the technical center for industry and an unofficial arm of the government's industrial policies in Taiwan. Backed by its broad research scope and close industrial ties, ITRI is becoming an increasingly active member in the global industrial R&D community. Apart from its headquarters located in Taiwan, ITRI has branch offices in Silicon Valley, Tokyo, Berlin, and Moscow.
Snip
I think I will still keep my $20 target with the "protective stops",adjusted as required by the general market's actions.<g>
bigcharts.marketwatch.com
Bernard |
