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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: elmatador who wrote (1490)12/11/2002 5:36:34 PM
From: Rob Preuss  Read Replies (1) of 1762
 
STXN introduces radios for the 2.4 and 5.8 GHz unlicensed bands.

This is cool.. but the new "Unity" radio platform that STXN is coming
out with next year will be even cooler. As its name suggests, "Unity"
will unify their entire portfolio of products for the licensed bands.
I expect Unity to reduce their manufacturing costs while providing
greater compatibility/interoperability among their products. In the
interim, these new products for the unlicensed bands will help grow
their customer base (and revenue) while providing an "upgrade"
path for customers who later want to move to using licensed bands.

Rob
==================================================
Stratex Networks Broadens Product Portfolio with Addition of
License-Exempt Radios

Stratex Networks Now Offers the Most Complete Portfolio of
Licensed And License-Exempt Microwave Radios

SAN JOSE, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Stratex
Networks, Inc. (Nasdaq: STXN), one of the world's foremost
wireless transmission solutions providers for mobile and
broadband wireless access networks, today announced the
immediate availability of a radio frequency license-exempt digital
radio platform. Complementing Stratex Networks' current product
portfolio, the Velox LE(TM) will provide flexibility of using both
licensed and unlicensed products in planning and implementing
customers' networks.

"As part of our ongoing commitment to reduce customers' costs, we
are now adding a license-exempt solution to our broad wireless
transmission product line," said Charles D. Kissner, chairman and
chief executive officer of Stratex Networks. "The addition of the
Velox LE product line allows us to reduce recurring costs in some
countries where our customers face high licensing fees. In many
cases, this also allows for quicker startup of networks where
licensing procedures are slower and therefore time to revenue is
longer."

The Velox LE is available in 2.4 and 5.8 GHz license-exempt
bands and provides up to 4xE1 or 4xT1 capacity as well as a 10
Base-T bridged Ethernet port supporting up to 8 Mbps continuous
throughput. Velox LE offers the ability to upgrade capacity through
software, drastically reducing the number of hardware options
required. This full-featured system also contains a frequency
spectrum analyzer providing the ability to identify the existence of
frequency interference. During installation, if co-channel
interference is detected, the installer can simply program the radio
to a clearer frequency without upgrading hardware or changing
diplexers. With rapidly increasing use of these license-exempt
bands this provides for better quality of service.

"The Velox LE radio can be easily and rapidly installed and
configured to form point-to-point links, wireless Ethernet bridges or
even video links," said Rob Vance, product manager for Stratex
Networks. "It is a cost-effective alternative to leased lines and
provides fast connectivity, while also ensuring the highest quality
possible using license-exempt spectrum."

About Stratex Networks

With headquarters in San Jose, California, Stratex Networks, Inc. is
one of the world's foremost wireless transmission solutions
providers for worldwide mobile and broadband access
communications networks. Since it was founded in 1984, Stratex
Networks has achieved international recognition for quality,
innovation, and technical superiority in delivering data, voice, and
video communication systems, including comprehensive service
and support. Stratex Networks, with its broad product offering and
worldwide sales and support organization, is strategically
positioned to serve its customers' needs in wireless high-capacity
transmission technology. Additional information is available at
www.stratexnet.com.

Note Regarding Forward-Looking Statements: This press release
contains statements that qualify as "forward-looking statements"
under the Private Securities Litigation Reform Act of 1995,
including statements regarding the ability of our radios to reduce
costs, allow for quicker network startup and improve quality of
service. These forward-looking statements are based on current
expectations and we assume no obligation to update this
information. Our actual results could differ materially from those
anticipated in these forward-looking statements as a result of
certain risks and uncertainties, including the risk of on-time
introduction and customer acceptance of the Velox LE, increased
competition, continuation or further tightening of global capital
markets for telecommunications and mobile cellular projects, and
economic and political instability in the markets in which we
compete. In addition, our backlog is not necessarily indicative of
our revenues in any future period. For a further discussion of such
factors, see the information provided under the heading
"Management's Discussion and Analysis of Financial Condition
and Results of Operations -- Factors that May Affect Future
Financial Results" in Exhibit 13.1 of the Company's Quarterly
Report on Form 10-Q for the quarter ended September 30, 2002,
filed with the Securities and Exchange Commission on November
15, 2002.

NOTE: Stratex Networks is a registered trade name of Stratex
Networks, Inc. and Velox LE is either a registered trademark or
trademarks of Stratex Networks, Inc. in the United States and/or
other countries.

SOURCE Stratex Networks, Inc.

12/11/2002

/CONTACT: investors, Laura Graves of Stratex Networks, Inc., +1-
408-944-1817, or laura_graves@stratexnet.com; or media, Brett
Hunt of The Rankin Group, Ltd., +1-714-832-4100, or
press_relations@stratexnet.com, for Stratex Networks, Inc./
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