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To: recafe who wrote (19188)	6/5/2000 12:59:00 PM
From: trader2-99	Respond to of 77509

NEWS \| Earnings Est. \| Profile \| SEC \| Hist. Prices \| Industry Grp. \| Broker Research \| DSP/DRIP \| trade at ndb.com TLXS : TELAXIS COMMUNICATIONS (NASDAQ) All Headlines Telaxis Broadband Wireless Access Products to be Used in Alcatel LMDS Solution SOUTH DEERFIELD, Mass.--(BUSINESS WIRE)--June 5, 2000--Telaxis Communications Corporation (Nasdaq: TLXS), a leading provider of broadband wireless access equipment, announced today that its broadband wireless access products will be used in the Alcatel LMDS Solution. Telaxis has been a key supplier of subscriber and base station outdoor units to Newbridge Networks, which was acquired by Alcatel last month. John Youngblood, President and CEO of Telaxis, had the following comments regarding the Alcatel decision: "We are very pleased by this opportunity to expand our partnership with Alcatel to include the use of our outdoor units in the Alcatel LMDS infrastructure. As we have previously stated, the acquisition of Newbridge by Alcatel presents a major opportunity for Telaxis. Alcatel's decision is a very important first step in an expanding relationship, which will build on that established with Newbridge. We believe Alcatel has emerged as the dominant supplier of broadband wireless access systems, and this development validates our strategic decision last year to expand our engineering and manufacturing capacity." Jean-David Calvet, Executive Vice-President, Fixed Wireless, Alcatel, commented further: "Alcatel has committed to be the leading supplier of end to end broadband wireless networks. In complement to its own technology, Alcatel supports a philosophy of strategic procurement for critical items such as RF infrastructure equipment. Telaxis is clearly a leader among independent suppliers of such equipment and is very well suited to support our requirements in this rapidly expanding market." About Telaxis Communications Telaxis develops and supplies broadband wireless access equipment used by network service providers to deliver integrated voice, video and data services to business and residential customers. Telaxis' modular family of products can be rapidly tailored for competitive site demonstrations and initial commercial deployments while Telaxis' planar family of products can be mass-produced using low-cost, highly automated manufacturing techniques for cost-effective deployment. For more information about Telaxis Communications Corporation, please contact the company by telephone at 413/665-8551 or by email at IR@telaxiscomm.com. Statements in this press release that are not based on historical facts, such as statements regarding Telaxis' business outlook and prospects, may be considered forward-looking statements that involve risks and uncertainties. Telaxis' actual results may differ materially from the results discussed in these forward-looking statements. Factors that could cause or contribute to such differences include, without limitation, changes in the market, new products and announcements from other companies, changes in technology, and the impact of competitive products and pricing. Further information on these and other potential factors that could affect Telaxis' financial results are included in Telaxis' annual report on Form 10-K dated March 30, 2000. Telaxis, Telaxis Communications, and its logos are trademarks of Telaxis Communications Corporation. Other names may be trademarks or service marks of their respective owners.