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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: The Ox who wrote (1738)9/9/2006 12:46:12 AM
From: Rob Preuss   of 1762
 
EJL Wireless Research Comments on Harris Microwave & Stratex Networks Merger

REDWOOD CITY, CA -- (MARKET WIRE) -- September 07, 2006 -- The recently announced merger of Harris Microwave Communications Division and Stratex Networks will create the fourth largest player in the digital PTP radio market with 12% market share in units based upon 2005 pro forma results, according to the latest report from EJL Wireless Research titled "Global Digital PTP Radio Market Analysis and Forecast, 2005-2010." "We confirm that Harris Stratex Networks, Inc. will be the largest non-base station OEM in the digital PTP market on a unit basis, although they still trail market leaders Ericsson, NEC and Nokia Siemens Networks by a sizable amount," says founder and President, Earl Lum.

"We are not surprised by the mergers in the digital PTP radio market sector and highlighted Stratex Networks as a merger candidate in the report and anticipate that more will occur over the next 18-24 months," says Lum.

"An important question that needs to be answered is given the recent private label OEM announcement between Alcatel and Stratex for Eclipse SDH radios, where will Alcatel go to find another partner?" says Lum.

About EJL Wireless Research

EJL Wireless Research provides proprietary, accurate and cutting-edge market analysis and consulting services on the wireless technology ecosystem. The firm focuses its research on all vertical elements of the wireless ecosystem including mobile subscribers, mobile operators, mobile handsets, mobile infrastructure and mobile content. In addition, the firm provides analysis across horizontal technology suppliers including RF semiconductor materials, RF semiconductor/components, subsystems and OEMs. Our goal is to provide our clients with mission critical market analysis and information.

EJL Wireless Research is managed by Earl Lum. Mr. Lum has 14 years of experience within the wireless industry including 8 years as an Equity Research Analyst on Wall Street covering the global wireless industry. The company is headquartered in Redwood City, CA. For more information about EJL Wireless Research, please visit the company's website at www.ejlwireless.com.
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