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Technology Stocks : ALVR - Alvarion Ltd.(formerly BRZE)

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From: JakeStraw	2/19/2008 7:44:15 AM
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Telenor Signs Framework Agreement with Alvarion(R) biz.yahoo.com Tuesday February 19, 6:00 am ET TEL AVIV, Israel--(BUSINESS WIRE)--Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, today announced that it has signed a framework agreement with Telenor Telecom Solutions AS, with an option for other Telenor subsidiaries and affiliates to purchase WiMAX solutions using this framework agreement. As a Norwegian based ILEC, Telenor offers a wide portfolio of fixed-mobile and converged telecom services in the Nordic region, Eastern Europe and Asia-Pacific. Telenor has adopted WiMAX as one of several technologies for providing broadband coverage where the traditional fixed-line technologies are not suitable. “Telenor belongs to the top 12 global mobile operators, and we are proud to be chosen by them,” said Tzvika Friedman, President and CEO of Alvarion. “The agreement between the two companies further demonstrates that WiMAX is the right technology for achieving optimized coverage in any kind of environment, and confirms again our strong position in the market with leading worldwide players.”

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