Floware Wireless Systems develops there: Siemens sells here.
ArcTel orders wireless broadband access technology from Siemens
Walkair Broadband Wireless Access system to be provided by Floware Wireless Systems
Siemens Information and Communication Networks has been commissioned by ArcTel GmbH & Co. KG, Frankfurt, to plan, set up, and deliver wireless broadband access technology. Siemens will supply the Walkair Broadband Wireless Access (BWA) system of its partner Floware Wireless Systems Ltd., Israel. ArcTel is a joint venture of Mannesmann Arcor, Frankfurt, and Teligent, a global leader in broadband communications headquartered in North America. In Germany, ArcTel can use radio frequency allocations of the parent companies that cover roughly 35 % of the German small and medium sized enterprise community. Installing the Walkair Broadband Wireless Access system from Floware will enable Arctel to offer a broad range of access services including ISDN and Internet services, alongside Frame Relay and IP services
As part of the turnkey agreement, Siemens will act as a consultant and will be responsible for system planning, installation and maintenance. The first base stations for wireless broadband access will be delivered by October. Dr. Jan Rittaler, ArcTel CEO, said: „We’re very pleased to team up with Siemens as a strong general contractor and Floware with its technology for realizing our plan to set up a large network in a very short time."
Jost Spielvogel, member of the Group Executive Management Board of Siemens AG’s Information and Communication Networks Group, said: „We’re delighted we’ve been chosen as ArcTel’s system integrator in setting up this major fixed–wireless network. This order reinforces Siemens’ position as global leader in the fast growing segment of fixed wireless telecommunication networks. We believe that this project has the potential to grow beyond its initial plan".
„We’re particularly pleased to be working with acknowledged market leaders like Arcor, Germany’s second largest fixed network provider, and Teligent, a global leader in broadband communications, in setting up a network for the „last mile". It strengthens our position in this important telecommunications market", commented Amnon Yacoby, President and CEO of Floware.
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This press release and statements by Floware in shareholder reports and public filings, as well as in oral public statements by Floware’s representatives may contain forward looking statements. Such statements are subject to certain facts, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to in such statements. The risks are identified in Floware’s registration statement on Form F–1 (Registration Statement No. 333–12290) filed with the Securities and Exchange Commission in the US.
About ArcTel
ArcTel is a joint venture of Mannesmann Arcor AG & Co. (55%) and Teligent, Inc. (45%) for setting up wireless point–to–multipoint radio–relay links in Germany.
With customer access via PMP radio relay links, ArcTel is providing its customers, in particular Mannesmann Arcor and US–based Teligent , with an important component in their local network strategy. To speed up the process of setting up and deploying PMP radio relay links, Arcor established the Frankfurt/M–based company ArcTel GmbH & Co. KG jointly with its strong partner Teligent.
Arcor and Teligent together already have more than 200 radio frequency allocations around major conurbations including Wolfsburg, Bonn, Wuppertal, Mainz, and Dresden. A further 52 may be added through ArcTel’s ongoing bids: the company has sought to acquire yet more licenses over the past weeks.
For more information about the ArcTel partners, visit: www.arcor.net or www.teligent.com
About Siemens Information and Communication Networks
Siemens Information and Communication Networks Group is a leading provider of integrated voice and data networks with a comprehensive portfolio of IP–based products and solutions for enterprises, carriers and service providers. The Group has many years of experience in consulting, planning, installing, and operating converged networks. It is an integral part of the Information and Communications (I and C) business segment of Siemens AG, one of the world’s largest electrical engineering and electronics companies with sales totaling more than $ 74 billion. I and C comprises the three Groups Information and Communication Networks (51,500 employees, $ 10.6 billion in sales), Information and Communication Mobile (20,000 employees, $ 5.3 billion in sales), and Siemens Business Services (34,000 employees, $ 5.3 billion in sales).
Further information about ICN is available at siemens.com
About Floware
Floware is a leading provider of Broadband Wireless Access solutions that allow new telecom operators (CLECs) to offer small and medium–sized business customers cost–effective „last mile" connectivity to backbone networks. Floware’s Walkair system, a broadband point–to–multipoint fixed wireless access system, is designed to give operators competitive advantages in the increasingly deregulated telecommunications marketplace. Installed in over 40 sites around the world (both commercial and pilots), Walkair offers high–capacity bandwidth data/Internet services as well as advanced voice services. Floware, headquartered in Israel, listed its ordinary shares on NASDAQ on August 2, 2000. Further information on Floware can be found on the Internet at floware.com |
