Mark, I would prefer a press a press release about Netro landing new contracts, but it will do...
Netro Expands Product Offering With New 3.5 GHz Radio
Broadband Wireless Access Leader to Provide Lower Frequency AirStar Solution to Meet Growing Customer Demand
SAN JOSE, Calif.--(BUSINESS WIRE)--July 31, 2000--Netro Corp. (Nasdaq:NTRO - news), a leader in broadband wireless access solutions, today announced the 3.5 GHz version of the company's ATM-based AirStar(TM) system.
This new radio will be compatible with Netro's current base stations, which support both IP and voice traffic. Introduction of the 3.5 GHz version is in response to growing demand by Netro's customers, which are increasingly receiving licenses in both the 26 GHz and 3.5 GHz frequency bands.
``Our customers are pleased with Netro's leading-edge technology in the 10, 26, 28 and 38 GHz frequencies,'' said Gideon Ben-Efraim, chairman and CEO of Netro. ``With more 3.5 GHz licenses being awarded to these same customers, the demand for a Netro AirStar solution at this frequency has been growing rapidly.
``Most importantly, this new radio will be compatible with Netro's current base stations and customer premise equipment, providing a cost-effective solution for our customers. As in the past, our customers will be able to offer multiple frequencies, including 3.5 GHz, on just one base station.''
The addition of this new product expands the range of small and medium-sized businesses that a service provider can address while maintaining the carrier-class level of performance presently provided by the AirStar system. The 3.5 GHz version offers a greater coverage radius than available from higher frequency products while providing the same service set as Netro's industry-leading 10, 26, 28 and 38 GHz products. Customers will be able to place orders immediately for the new 3.5 GHz AirStar system. Volume product shipments are expected in early 2001.
About Netro Corp.
Netro Corp. 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 St., San Jose, Calif. 95134-1702; U.S. 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, potential delays in product development schedules, limited operating history, dependence on a single product, fluctuations in quarterly operating results and limited manufacturing capacity and experience. Further information regarding these and other risks is included in Netro's Annual Report on Form 10K, dated March 30, 2000, and in its other filings with the Securities and Exchange Commission. |
