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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: Rob Preuss who wrote (1044)8/28/2000 9:35:55 AM
From: Rob Preuss   of 1762
 
[STXN & Transtema join forces in Nordic markets.]

Transtema Acquires DMC Nordic and Baltics

STOCKHOLM, Sweden, Aug 28, 2000 (BUSINESS WIRE) -- Transtema
has, as of May 1, acquired all shares in Mailborn AB.
Mailborn holds an exclusive distribution agreement with
Digital Microwave Corporation (DMC) in the Nordic and Baltic
region. DMC is a leading provider of microwave radios for
broadband and telecommunications with an impressive market
presence in the region. Many customers are highly ranked
operators in their respective market.

The purpose with this acquisition is to further strengthen
the market position of Transtema respective DMC in the
region. This will be achieved by having an outstanding offer
in terms of products and services for wireless broadband
solutions. Today DMC has a very strong position in the market
segment mobile telecom operators, while Transtema is the
market leading systems integrator in the broadband wireless
access for the new generation networks. Together the two will
create an extraordinary offer to the wireless access market
in the region consisting of 9 countries. Mailborn AB is now a
fully owned subsidiary in the Transtema group.

"This is a strategic move for Transtema to further strengthen
its position in the Nordic and Baltic markets as the leading
provider of wireless broadband solutions," says Magnus
Johansson, the Managing Director of Transtema.

Transtema is the leading systems integrator in the fast
growing broadband wireless sector. Transtema is specialized
in Broadband Wireless Access solutions such as LMDS networks
and offers services and products from network and business
planning to extensive network operations. Transtema resides
in Goteborg (HQ) and in Stockholm. Transtema has customers
all over Europe. For more information about the company and
its products, please contact Jonas Larsson on +46 703 411 876
or via mail jla@transtema.com Visit Transtemas web site at
www.transtema.com

Digital Microwave Corporation designs, manufactures, and
markets advanced wireless solutions for worldwide telephone
network interconnection and access. Our digital microwave
radios are used for broadband last-mile access, LMDS back-
haul, in cellular telephone systems, private networks,
Internet and data access networks, and other voice and data
telecommunications applications worldwide. Digital Microwave
has sold more than 155,000 radios, with systems installed in
more than 72 countries. Visit the DMC web site on
www.dmcwave.com

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Contact:

Transtema
Jonas Larsson, +46 703 411 876
jla@transtema.com
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