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: akmike who wrote (1283)	2/14/2001 10:02:03 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1762

[STXN gets $4 M order from China Mobile] Wednesday February 14, 8:01 am Eastern Time Press Release SOURCE: DMC Stratex Networks, Inc. DMC Stratex Networks Secures $4 Million in Orders From the Leading Cellular Telecommunications Provider in China Contracts With China Mobile Provide Wireless Equipment for Its Expanding Cellular Network Infrastructure Serving More Than 60 Million Subscribers SAN JOSE, Calif., Feb. 14 /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 received contracts totaling approximately $4 million to supply wireless equipment for cellular network infrastructure build-out to China Mobile, the leading cellular telecommunications service provider in China in terms of subscriber base and coverage. The contracts include requirements for the Altium(TM), XP4, and DXR(TM) product lines in the 7 GHz, 15 GHz and 18 GHz radio frequency bands. The orders for equipment ranging from 155-Mbps to lower-capacity long haul products operating in multiple frequencies demonstrate the benefits of the broad wireless product offering of DMC Stratex Networks. Shipments have already begun this quarter. China Mobile, formerly China Telecom, owns an estimated market share of more than 80 percent of cellular subscribers in mainland China, and has a cellular telephone network that reaches all cities and counties and most major roads and highways throughout the country. As China Mobile continues to grow and incorporate more wireless equipment into its network, it has selected DMC Stratex Networks to meet its increased wireless transmission requirements for delivering mobile telecommunications services to more than 60 million subscribers. China Mobile will utilize DMC Stratex Networks' products to interconnect its base stations within its GSM networks in a number of Chinese provinces, including Chongqing, Guizhou, Beijing, Fujian, Shanxi and Heilongjiang, for data and voice transport for subscribers. DMC Stratex Networks won the orders in partnership with PTIC Capitel Group (Beijing Telecommunications Equipment Factory), a major manufacturer of telecommunications products and an official representative of DMC Stratex Networks within China. The PTIC Capitel Group provides system integration, localized installation, technical support and customer service for DMC Stratex Networks systems within China. ``We are pleased to have been selected to expand the mobile communications network for China Mobile, China's leading cellular telecommunications provider,'' said Sam Smookler, DMC Stratex Networks president and CEO. ``Our Asia Pacific business is growing, and we look forward to working with China Mobile as it incorporates more wireless equipment into its nationwide network to deliver more services to its expanding mobile subscriber base.'' Altium is designed to meet the demanding requirements of high-speed cellular and wireless access networks, delivering data, voice and video in systems operating in frequencies from 7 GHz to 38 GHz. Altium uses high-density 128 QAM modulation to deliver 155-Mbps wireless fiber-like access capacity in only 28 MHz of radio frequency bandwidth. Recently Altium won the fixed wireless solution Product of the Year Award for 2000 from Internet Telephony Magazine, and was named a 2000 Best of the Best Award finalist by InternetWeek. 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. The DXR is specifically designed to provide low- to medium-capacity wireless connectivity for medium- to long-haul trunking applications. With worldwide headquarters in San Jose, Calif., and Asia Pacific headquarters in Beijing, DMC Stratex Networks, Inc., is one of the world's foremost wireless solutions providers for cellular applications and broadband 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, with its broad product offering and worldwide sales and support organization, is positioned to serve its customers' needs in wireless high-capacity transmission technology. Additional information is at www.dmcstratexnetworks.com. SOURCE: DMC Stratex Networks, Inc.