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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: lazarre who wrote (953)6/20/2000 10:22:00 AM
From: Rob Preuss   of 1762
 
Tuesday June 20, 8:30 am Eastern Time

Company Press Release

SOURCE: Digital Microwave Corporation

Digital Microwave Chairman to Interview on Investment-Focused
Webcast ON24 Today

TalkOnStocks Program Featuring Charles Kissner to Air Today
on ON24.com Website Beginning at 5 p.m. PDT

SAN JOSE, Calif., June 20 /PRNewswire/ -- Digital Microwave
Corporation (Nasdaq: DMIC - news), one of the world's
foremost solutions providers for broadband wireless access,
announced that its Chairman Charles Kissner will conduct an
interview today on TalkOnStocks, a daily online streaming
video financial news program that reaches 80 million people
through its website ON24.com and more than 500 web affiliates.

Mr. Kissner will discuss the expanding broadband fixed
wireless access market, the turnaround and industry
leadership of Digital Microwave (DMC), and the company's new
direction and company name. The program will be available for
viewers at approximately 5 p.m. PDT today at
on24.com
in the TalkOnStocks section for approximately 24 hours, and
in the ON24 archives via the site thereafter.

DMC, which will change its company name to DMC Stratex
Networks in August, is an independent wireless solutions
provider with a leading market share in the broadband fixed
wireless access and mobile wireless solutions markets. ON24
is the nation's premier web-based streaming media service for
new economy news. Its streaming video financial news program
TalkOnStocks offers an opportunity for leading experts to
share their insight to an audience of investors, brokers,
shareholders, and the financial community at large.

To meet the growing demands for bandwidth and network
capacity for businesses, DMC is shipping its broadband fixed
wireless access products to providers, such as CLECs, in
record amounts for the company. The company's newest
solution, the Altium(TM), is a product family designed to
meet the demanding requirements of ultra-high-speed wireless
access networks. Altium combines the industry's highest
broadband wireless access capacity with the most spectrally
efficient radio frequency modulation available today. It uses
high density coding (128 QAM) to deliver 155-Mbps wireless
fiber-like capacity in only 28 MHz of spectrum bandwidth,
half that of other available wireless products. This
efficiency allows wireless-based service providers to
dedicate less of their licensed spectrum for installed
systems, providing for the best dollars-per-Mbps-per-MHz
metric available today.

With headquarters in San Jose, Calif., Digital Microwave is
one of the world's foremost solutions providers for broadband
wireless access -- enabling the development of complex
communications networks worldwide. Since its founding in
1984, the Company has achieved international recognition for
quality, innovation and technical superiority in delivering
data, voice and video communication systems, including
comprehensive service and support. Continuing its focus on
the wireless broadband networking market, DMC is
strategically positioned to continue its solutions-based
leadership in wireless high-capacity transmission technology.
Additional information can be found on the Company's web site
at www.dmcstratexnetworks.com.

ON24 is the nation's premier streaming media news service for
new economy news. It offers a unique opportunity for leading
experts to share their insight to a highly desirable audience
of investors, brokers, shareholders and the financial
community at large. TalkOnStocks is its online streaming
video financial news program that airs daily on the ON24.com
website, looking at companies and stocks whose main area of
business is focused on a key aspect of the Internet.

ON24.com features companies that have Internet strategies and
see Internet-related activities as being a growing part of
their core activities. The site reaches 80 million people
through relationships with more than 500 web affiliates,
including Yahoo, Alta Vista, Quote.com and Market News
International. The site gets between 200,000 and 500,000 hits
daily and between 100,000 and 200,000 active streams daily.
For more information, see www.ON24.com.

NOTE: Digital Microwave Corporation announced on May 16, 2000,
that it is changing its name to DMC Stratex Networks.
While the Board of Directors has approved this name change,
it won't become the legal name of the company until it is
approved by shareholder vote during the annual meeting
Aug. 8, 2000.

SOURCE: Digital Microwave Corporation
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