Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Czechsinthemail who wrote (1268)	1/31/2001 1:32:38 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

[$2.1 million order from Venezuela for XP4 equipment.] Wednesday January 31, 11:40 am Eastern Time Press Release SOURCE: DMC Stratex Networks, Inc. DMC Stratex Networks to Supply Simtel With Data and Voice Wireless Access Products New Order Provides for Last-Mile Wireless Equipment for Transmission Of Cellular Data and Voice Services to End Users in Venezuela SAN JOSE, Calif., Jan. 31 /PRNewswire/ -- DMC Stratex Networks (Nasdaq: STXN - news), one of the world's foremost solutions providers for cellular applications and broadband wireless access, today announced that it has contracted with SIMTEL, C.A. of Caracas, Venezuela, to supply last-mile wireless connectivity for data and voice service providers in Venezuela. SIMTEL supplies, services and integrates telecommunications systems providing analog and digital voice and/or data transmission to the domestic Venezuelan market for standard and rural communications to government and privately own networks. This particular $2.1 million order is for XP4 wireless access products in the 23 GHz frequency range. Shipments are planned to begin this quarter. SIMTEL, a long-time system integrator customer of DMC Stratex Networks, will utilize XP4 to enable its value-added service provider customers to interconnect their customers into a broadband fixed wireless access network. Most areas in the region do not have reliable fiber or copper communications infrastructures in place for voice and data traffic. ``DMC Stratex Networks is a leading wireless access equipment provider, and we selected the XP4 over other products we evaluated because of DMC Stratex' local presence, as well as the products' ease of installation and maintenance, and competitive price,'' said Roger Morton, SIMTEL president. ``We have a long-term relationship with DMC Stratex Networks, and its leading XP4 product line delivers the capabilities our customers need for them to offer their subscribers voice and data transmission services better than installing fiber because of lower cost and quicker time-to-market issues.'' ``We are pleased to have been selected to provide the last- mile wireless communications solutions for SIMTEL, a leading systems integrator company focused on the needs of telecommunications service providers in Venezuela,'' said Sam Smookler, DMC Stratex Networks president and CEO. ``Our strong local presence in South America provides our customers in the region with the products and support services they require'.'' The XP4 is a quickly installed, low-cost wireless network solution. It offers the flexibility of transmission capacities from 2 Mbps to 45 Mbps, and frequency bands from 7 GHz to 38 GHz. With headquarters in San Jose, Calif., DMC Stratex Networks, Inc., is one of the world's foremost solutions providers for cellular applications and 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. DMC Stratex Networks is strategically positioned to continue its solutions-based leadership in wireless high- capacity transmission technology. Additional information can be found at www.dmcstratexnetworks.com. SOURCE: DMC Stratex Networks, Inc.