Netro Corp. Selects Abest Communication Corp. as an Additional Contract Manufacturer for Digital Boards
April 12, 2000 07:59 AM Eastern Time
SAN JOSE, Calif.--(BUSINESS WIRE)--April 12, 2000--
Netro Continues to Ramp Up Manufacturing Capacity to be Ready for the Demand Created by Large-Scale Deployments
Netro Corp. NTRO , a market leader in broadband wireless access systems, today announced that it has signed an agreement with Abest Communication Corp., a leading Taiwanese contract manufacturer and an affiliate of Sun Moon Star, a Taiwanese conglomerate with production facilities in China and Taiwan, to serve as an additional manufacturing source for the AirStar system's digital subscriber and hub elements.
"The demand for our leading-edge access solution to provide end users with high-speed data/IP and voice services is growing. We are focusing on ramping up our manufacturing capacity to meet the market's growth and support the volumes required for mass deployments of our AirStar system," said Man Wong, vice president of operations for Netro Corp. "We are excited about being able to partner with Abest, a leader in its field, as part of this strategy."
About Netro Corp.
Netro Corp. NTRO 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 Corp., 3860 N. First St., San Jose, Calif. 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.
OJM/la
CONTACT: The Leavitt/Bell Group 626/564-9500 Tiffany Massey, ext. 224, tmassey@lbgcomm.com Linda Bell, ext. 221, lbell@lbgcomm.com
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