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: The Ox who wrote (1650)	6/16/2005 9:42:24 AM
From: The Ox	Read Replies (3) \| Respond to of 1762

Stratex Networks Receives $7 Million in Additional Eclipse(TM) Orders From TM International (Bangladesh) Limited Thursday June 16, 9:00 am ET The Leading Mobile Service Provider in Bangladesh Uses Eclipse Nodal Transmission System for its Backbone and Access Radio Transmission Network SAN JOSE, Calif., June 16 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (Nasdaq: STXN - News), a leading provider of wireless transmission solutions, announced that it has recently received $7 million of additional orders from TM International (Bangladesh) Limited ("TMIB") to supply the Eclipse range of transmission equipment and services for its GSM network Aktel(TM). Stratex Networks previously announced on May 26, 2005 that Aktel had started deploying Eclipse for capacity expansion of major backbone links and to enhance its presence and services throughout the country. Including the previously announced business, TMIB has now placed orders of over $17 million for various Eclipse products. Shipments of the recently received additional orders are expected to commence in the second quarter of Stratex Networks' fiscal year 2006, which begins July 1, 2005. About Stratex Networks With headquarters in San Jose, California, Stratex Networks, Inc. is one of the world's leading providers of high-speed wireless transmission solutions. Since it was founded in 1984, Stratex Networks has achieved international recognition for quality, innovation, and technical superiority in delivering data, voice, and video communication systems, including comprehensive service and support. Stratex Networks, with its broad product offering and worldwide sales and support organization, is strategically positioned to serve its customers' needs in wireless, high-capacity transmission technology. Additional information is available at www.stratexnetworks.com. About TM International Bangladesh TMIB was established in 1997 as a joint venture company between AK Khan & Co (a leading Bangladesh business group) and Telekom Malaysia Berhad to provide a nationwide GSM services using the 900 MHz frequency band under a 15-year license. As of the end of March 2005, the customer base crossed over the one million mark. AKTEL is proud to be a part of the Telekom Malaysia Group (TM), which is strong financially, and internationally renowned for its successful ventures. It has a global presence in 11 countries and has operations and financial interests in major telecom operations in Sri Lanka, India, Indonesia, Bangladesh, Thailand, Cambodia, Malawi, Guinea and Ghana etc. More information can be found on www.Aktel.com.