Tuesday March 28, 7:52 pm Eastern Time
Company Press Release
Motorola Expands Global Fixed Wireless
Broadband Solutions Portfolio Through OEM
Agreement With Netro
Motorola to market and distribute Netro's AirStar system to
service providers worldwide
CHANDLER, Ariz.--(BUSINESS WIRE)--March 28, 2000-- Motorola, Inc. (NYSE: MOT -
news), a global leader in providing integrated communications solutions and embedded
electronic solutions, and Netro Corporation (NASDAQ: NTRO - news) of San Jose, Calif., a
market leader in broadband wireless access equipment, today announced an original equipment
manufacturer (OEM) agreement under which Motorola will market and distribute Netro's AirStar
broadband wireless access system to telecommunications service providers worldwide.
This OEM agreement puts in place another element of Motorola's end-to-end fixed wireless
solution portfolio, aimed at providing network operators with broadband wireless access
communications solutions. The addition of the Netro AirStar system immediately extends
Motorola's offerings of broadband wireless access solutions to the 10, 26, and 39 GHz ranges,
complementing its 28GHz US LMDS solution offered through SpectraPoint Wireless LLC, an
affiliate jointly owned by Motorola and Cisco Systems, Inc. This agreement expands Motorola's
ability to fulfill the promise of the Motorola -Cisco alliance -- providing leading end-to-end
solutions in the fixed and mobile wireless markets -- by increasing the range of solutions
available to Motorola for alliance customers.
``These bands are the four most commonly licensed broadband wireless access frequency bands
worldwide,' said Rickie Currens, corporate vice president and general manager of Motorola's
Fixed Wireless Systems Group. ``We believe that we are now able to address the complete range
of our customers' wireless access needs to provide business and multi-dwelling unit end-users
with voice and high-speed data services.'
``There are significant immediate opportunities available to us globally to provide business users
with high-speed voice and data services, and Netro's AirStar offers a proven solution,' Currens
said. ``This agreement with Netro allows us to better meet the global market demand for
broadband wireless access solutions. By combining Motorola's strengths in systems planning and
integration, deployment, services, and customer care, Cisco's leading IP-based products and
services, and Netro's high quality AirStar products, we can offer excellent solutions to carry
voice and data.'
``This global OEM agreement with Motorola significantly expands our sales channels for our
products,' said Gideon Ben-Efraim, president and chief executive officer of Netro Corporation.
``Our competitive local exchange carrier (CLEC) customers are offering a broadband wireless
access solution for voice and data and are driven by quick-to-market deployment strategies.
Motorola is a global player in the wireless telecom world and we are very excited about
partnering with such a strong player.'
About Motorola
Motorola, Inc. (NYSE: MOT - news) is a global leader in providing integrated communications
solutions and embedded electronic solutions. Sales in 1999 were $ 30.9 billion. For more
information, please visit our web site at motorola.com.
The Fixed Wireless Systems Group (FWSG) is headquartered in Chandler, Ariz., and was formed
in 1999 to address the expanding broadband wireless access market. FWSG provides Wireless
Local Loop systems worldwide as well as broadband solutions in the MMDS and LMDS bands.
Motorola is a registered trademark of Motorola, Inc. All other brands or corporate names are
trademarks of their respective owners.
About Netro Corporation
Netro Corporation (NASDAQ: NTRO - news) is a leading provider of intelligent broadband
wireless access solutions for Internet and telecom service providers worldwide. Netro's
broadband wireless access system, AirStar, derives its price performance benefit from its
proprietary packet-based technology that maximizes spectrum usage through dynamic bandwidth
allocation. AirStar is one of the first commercially available broadband wireless access systems,
carrying IP and voice traffic using a point-to-multipoint architecture. For more information,
contact Netro Corporation, 3860 North First Street, San Jose, CA 95134-1702 USA (408)
216-1500, netro-corp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Except for the historical information contained herein, the matters discussed in this news release
are forward-looking statements involving risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements. Potential risks and uncertainties
include, but are not limited to, Netro's historical and future losses, limited operating history,
dependence on a single product, fluctuations in quarterly operating results and limited
manufacturing experience. Further information regarding these and other risks is included in
Netro's prospectus dated March 17, 2000 and in its other filings with the Securities and Exchange
Commission.
Contact:
Motorola
Kathi Haas, 480/456-7108
kathi.haas@motorola.com
or
Netro Corporation
Roni Floman, 408/216-1575
RoniF@netro-corp.com
or
The Leavitt/Bell Group
Tiffany Massey, 626/564-9500 ext. 224
tmassey@lbgcomm.com
Linda Bell, 626/564-9500 ext. 221
lbell@lbgcomm.com |
