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Technology Stocks : Stratex Networks, Inc. (STXN) -- Ignore unavailable to you. Want to Upgrade?

To: Alfredo Nova who wrote (1110)	10/11/2000 9:30:50 AM
From: Rob Preuss	Respond to of 1762

STXN Qualifies Another Supplier To Help Meet High Demand!!! DMC STRATEX NETWORKS QUALIFIES ANOTHER SUPPLIER TO HELP MEET GROWING DEMAND FOR ITS HIGH-CAPACITY WIRELESS PRODUCTS Company Qualifies MTI's 38-GHz Transceivers for Increased Manufacturing Capacity of Popular Altium 155-Mbps Broadband Wireless Access Products SAN JOSE, Calif., Oct. 11, 2000 - To help meet growing demand for its industry-leading broadband fixed wireless access products, DMC Stratex Networks (NASDAQ: STXN), one of the world's foremost solutions providers for broadband wireless access, today announced that it has qualified Microelectronics Technology, Inc. (MTI) as another high-volume supplier of 38-GHz integrated transceiver assemblies for its award-winning Altium(tm) product line. Altium delivers data, voice and video in a wireless system, operating in licensed radio frequencies from 7 GHz to 38 GHz. It combines OC-3 (155 Mbps) broadband wireless access with the most spectrally efficient wireless modulation available. This allows wireless-based providers to dedicate less of their licensed spectrum for installed systems, making Altium the most affordable solution to operate providing the industry's highest capacity. "This strategic announcement adds to our supply chain and further improves our industry-leading manufacturing capability that is already producing 155-Mbps wireless access products in mass volumes of more than 1,000 units per quarter," said Sam Smookler, DMC Stratex Networks president and CEO. "Our increased Altium manufacturing capacity will help support the surge in demand for 38-GHz products for both broadband fixed wireless access and high-capacity mobile backhaul and aggregation applications. The high demand for our wireless access products further supports our belief that service providers need higher-capacity solutions to compete and meet their customers' growing requirements, and since Altium is the most spectrally efficient product available, it's the solution of choice." "We are pleased to qualify for additional capabilities from DMC Stratex Networks and provide them with critical components of the highest quality as they continue to expand to meet the growing industry requirements for high-capacity wireless access," said Wesley Huang, MTI president. "This approval continues our high-volume, long-term relationship with DMC Stratex Networks, one of the leaders in delivering wireless access over the years." MTI's 38-GHz transceivers began shipping to DMC Stratex Networks last quarter. The Altium product family is designed to meet the demanding requirements of high-speed wireless access networks. Altium uses the highest density modulation for a broadband wireless access product (128 QAM) to deliver 155-Mbps wireless fiber-like capacity in only 28 MHz of radio frequency bandwidth, half that of similar wireless products. MTI, a pioneer in the fields of wireless and satellite communications in Taiwan, was founded in 1983. With core competencies and more than 15 years of experience with wireless technology in designing and manufacturing wireless transceivers, MTI has expanded into the international telecommunications market as a provider of wireless communications subsystems and systems. More information is available about MTI at <http://www.mti.com.tw>www.mti.com.tw. With headquarters in San Jose, Calif., DMC Stratex Networks, Inc., is one of the world's foremost solutions providers for broadband wireless access - enabling the development of complex communications networks worldwide. Since its founding in 1984, the Company has achieved international recognition for quality, innovation, and technical superiority in delivering data, voice, and video communication systems, including comprehensive service and support. Continuing its focus on the wireless broadband networking market, DMC Stratex Networks is strategically positioned to continue its solutions-based leadership in wireless high-capacity transmission technology. Additional information can be found on the Company's web site at <http://www.dmcstratexnetworks.com>www.dmcstratexnetworks.com. ### NOTE: The statements in this press release that relate to the Company meeting increased demand for its products are forward looking. These forward-looking statements are based on current expectations and the Company assumes no obligation to update this information. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including the volume and timing of orders for the Company's products, the ability of the Company and its suppliers to respond to changes made by customers in their orders, the ability of the Company to bring its new products to market quickly at cost-effective prices and to add innovative features that differentiate its products from those of its competitors, and competition in the microwave and access business. For a discussion of such factors, see the "Risk Factors" in the Company's Form 10-K filed on June 29, 2000.