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To: The Ox who wrote (162)	7/2/2008 9:31:53 AM
From: Rob Preuss	Respond to of 312

HSTX to announce Q4 results 5:30 ET Tue 5 Aug 2008 Harris Stratex Networks to Announce Q4 Fiscal 2008 Financial Results Tuesday July 1, 5:09 pm ET RESEARCH TRIANGLE PARK, N.C., July 1 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX - News), the leading independent supplier of turnkey wireless transmission solutions, will announce the company's fourth quarter and full-year fiscal 2008 financial results at approximately 4:00 p.m. Eastern Time (ET) on Tuesday, August 5, 2008. ADVERTISEMENT The company will host a conference call at 5:30 p.m. ET that same day to discuss its financial results. To listen to the live conference call, please dial 303-262-2137 by 5:20 p.m. ET on August 5. A replay will also be available starting one hour after the completion of the call until August 12. To access the replay, dial 303-590-3000 (pass code: 11116690 #). Investors are invited to listen via webcast, which will be broadcast live, and via replay, at www.HarrisStratex.com/investors/conference-call .

To: The Ox who wrote (162)	7/7/2008 5:33:28 PM
From: Rob Preuss	Respond to of 312

7-Jul-2008 Change in Directors or Principal Officers SEC Filing: Form 8-K for HARRIS STRATEX NETWORKS, INC. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The Board of Directors of Harris Stratex Networks, Inc. (the "Company"), has appointed Heinz Stumpe, 53, as Chief Operating Officer of the Company, effective June 30, 2008. Mr. Stumpe, a wireless transmission technology business veteran with more than 20 years of experience, previously served as the Company's Vice President of Global Operations from January 2007 to June 2008. Prior to that, Mr. Stumpe had the following positions at Stratex Networks, Inc., or Sratex, now named Harris Stratex Networks Operating Corporation, which is a wholly-owned subsidiary of the Company: Director of Marketing (1996-1999), Vice President of Global Accounts (1999-2002), Vice President of Strategic Accounts (2002-2003), Vice President of Product Marketing (2003-2006) and Vice President of Global Opertions (2006-2007). The terms of Mr. Stumpe's employment agreement, dated as of April 1, 2006 (filed as Exhibit 10.15.2 to the Quarterly Report on Form 10-Q for the Fiscal Quarter Ended March 30, 2007), with Stratex and assumed by the Company in connection with the January 26, 2007 merger involving the Company and Stratex, are substantially the same as the previously reported standard form of executive employment agreement for the Company, including the severance and change of control provisions therein. Mr. Stumpe's current annual base salary is $309,000 and he is eligible to receive a targeted $150,000 incentive payment under the Company's executive incentive bonus plan.

To: The Ox who wrote (162)	7/30/2008 4:36:29 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 312

Harris Stratex Networks Provides Business Update Wednesday July 30, 4:00 pm ET Restatement to Impact Current and Prior Year Financials Strong Revenue Performance on Record Order Intake RESEARCH TRIANGLE PARK, N.C., July 30 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX - News), the leading independent supplier of turnkey wireless network solutions, today provided a business update on selected unaudited GAAP financial results for the fourth quarter of fiscal year 2008, which ended June 27, 2008. The company filed a report with the SEC on Form 8-K regarding management's determination that the company will need to restate prior period financial statements. The company also announced that the earnings release for the fourth quarter of fiscal 2008 will be rescheduled. Strong revenue performance was achieved in the fourth quarter of fiscal 2008 and is expected to be approximately $188 million. Total revenue for the year is expected to increase by approximately 10 percent compared to previously reported combined company results for fiscal 2007. All three business segments -- North America Microwave, International Microwave and Network Operations -- generated increased revenues in fiscal 2008 compared with fiscal 2007. The company achieved record booking levels in the fourth quarter with a 1.6 book-to-bill ratio. Increased orders came from Africa, Europe, Middle East and Russia as well as North America. Demand for the company's Eclipse(TM) product line was particularly strong when compared with prior periods. However, expense levels in the quarter increased by approximately $13 million to $14 million compared with previous estimates, as a result of higher orders-based sales compensation expense, increased allowance for doubtful accounts charges, project charges, and outside professional services. As a result, non-GAAP earnings per share for fiscal 2008 will not meet the company's previously announced target of $0.82 per diluted share. Operating cash flow for Q4 is expected to be positive and the year-end cash and short-term investment balance was $98.0 million. Accelerated Technology Transition The company continues to focus on the acceleration of the transition from higher cost legacy products to lower cost next-generation IP-based technologies. This transition, which is underway at a pace faster than originally contemplated at the time of the merger, resulted in a charge of $11 million in the fourth quarter for integration related inventory impairment of raw materials and finished goods for some of the legacy products. Prior Period Restatement During the course of the year-end close, accounting errors were identified by the company, which caused previously reported financial statements to be incorrect. The majority of the required adjustments related to project work- in-process accounts within the cost accounting system at one location. The total amount of these charges, which will reduce previously reported pre-tax income, is estimated to be in the range of $18 million to $25 million, and will affect the current and prior years. As a result, the company has determined that the financial statements for the first three quarters of fiscal 2008 and the fiscal years 2005 -- 2007 should no longer be relied upon. Outlook "The company achieved significant top line growth in all segments in fiscal 2008, and our cash position has remained strong in the second half of the year," said Harald Braun, President and Chief Executive Officer of Harris Stratex Networks. "While the additional expenses incurred in the fourth quarter delayed the expansion of our earnings, the company is well-positioned for achievement of our growth objectives as we enter the new fiscal year. The company has added customers, achieved meaningful top line growth, and developed a significantly enhanced foundation for long-term competitiveness. We must, however, continue to take action to reduce costs and expenses in the business through increased product outsourcing activities and process related restructuring actions at certain global locations. This will have associated costs in order to implement, and we expect additional restructuring and integration charges to be incurred in fiscal 2009." "The complexities of merging the two companies has been significant, resulting in financial process and controls issues," added Braun. "New processes are being adopted and operational controls are being strengthened to address this going forward." "As a result of the strong bookings, we believe we will carry our revenue momentum into the first quarter of fiscal 2009. We estimate that we will achieve Q1 revenues in the range of $175 million to $185 million, compared with Q1 FY 08 revenue of $172 million," said Braun. Conference Call Harris Stratex Networks will host a conference call today to discuss the company's business update at 5:00 p.m. Eastern Time. Those wishing to join the call should dial 303-262-2130, (no pass code required) at approximately 4:50 p.m. A replay of the call will be available starting one hour after the call's completion until August 6. To access the replay, dial 303-590-3000 (pass code: 11118063 #). A live and archived webcast of the conference call will also be available via the company's Web site at www.HarrisStratex.com/investors/conference-call . About Harris Stratex Networks Harris Stratex Networks, Inc. (Nasdaq: HSTX - News) is the world's leading independent supplier of turnkey wireless transmission solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com . Forward-Looking Statements The information contained in this document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act and Section 27A of the Securities Act. All statements, trend analyses and other information contained herein about the markets for the services and products of Harris Stratex Networks and trends in revenue, as well as other statements identified by the use of forward-looking terminology, including "anticipated", "believe", "plan", "estimate", "expect", "goal", "will", "see", "continues", "delivering", and "intend", or the negative of these terms or other similar expressions, constitute forward-looking statements. These forward-looking statements are based on estimates reflecting the current beliefs of the senior management of Harris Stratex Networks. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Forward-looking statements should therefore be considered in light of various important factors, including those set forth in this document. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include the following: -- the volume, timing and customer, product and geographic mix of our product orders may have an impact on our operating results; -- the failure to obtain and retain expected cost synergies from the merger; -- continued price erosion as a result of increased competition in the microwave transmission industry; -- the ability to achieve business plans for Harris Stratex Networks; -- the ability to manage and maintain key customer relationships; -- the effect of technological changes on Harris Stratex Networks' businesses; -- the ability to maintain projected product rollouts, product functionality, anticipated cost reductions or market acceptance of planned products; -- unanticipated future costs and expenses associated with the integration of our previously separate operations and businesses; -- the ability of our subcontractors to perform or our key suppliers to manufacture or deliver material; -- customers may not pay for products or services in a timely manner, or at all; -- the failure of Harris Stratex Networks to protect its intellectual property rights and its ability to defend itself against intellectual property infringement claims by others; -- currency and interest rate risks; -- the impact of political, economic and geographic risks on international sales; -- the impact of slowing growth in the wireless telecommunications market combined with supplier and operator consolidations; and -- supplier pricing pressure. For more information regarding the risks and uncertainties for our business as well as risks relating to the combination of the former Harris Corporation Microwave Communications Division and the former Stratex Networks, see "Risk Factors" in our form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on August 27, 2007, as well as other reports filed by Harris Stratex Networks with the SEC from time to time. Harris Stratex Networks undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

To: The Ox who wrote (162)	7/30/2008 4:40:06 PM
From: Rob Preuss	Respond to of 312

Harris Stratex Networks Opens Sydney Office Wednesday July 30, 4:30 pm ET RESEARCH TRIANGLE PARK, N.C., July 30 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX - News), the leading independent supplier of turnkey wireless transmission solutions, today announced the opening of the company's newest office in Sydney, Australia. The company will supply operators with cost-effective wireless transport solutions to enable customers to transport high-speed, carrier-class Ethernet data, alongside traditional TDM traffic, to support network migration to next-generation IP services. Harris Stratex will also be able to provide enhanced turnkey services, including radio and IP network planning, engineering and deployment services, and technical service and support for customers in the region. With major Australian operators expanding and rolling out 3G networks and the government planning a $4.7 billion initiative to connect 98% of the population to high-speed data services through the National Broadband Network initiative, Sydney is a key location for business presence in the Pacific telecommunications arena. Harris Stratex Networks has been providing wireless backhaul solutions in the Australian market for more than 20 years. The new location will support the company's extensive customer base, including a number of major contracts with fixed, mobile, broadcast media and WiMax operators in the region. "The opening of the new Sydney office underscores our commitment to our local and global customers in this rapidly growing market," said Harald Braun, president and CEO, Harris Stratex Networks. "We are delighted to continue strengthening solid relationships and creating additional localized support for all our customers in the region." "The presence of this new facility marks our commitment to customers in the region to supply fast, reliable services," said Brendan Cochrane, Harris Stratex Country Manager for Australia. "The remote geographic location of Australia can isolate the country from the rest of the world at times. To be successful here, we are following through on our commitment to the market and the Australian people by having a significant local presence." Harris Stratex Networks recently introduced the Eclipse(TM) Edge, the most cost-effective and environmentally friendly wireless transport product in its class. The new ultra-lightweight and compact solution will provide high-speed wireless connectivity for both native NxE1 TDM and Carrier Ethernet data. This capability enables mobile operators to deploy cost-effective, next-generation IP services right to the network edge. Details of the new office are as follows: Name: Harris Stratex Networks Australia Established: June 23, 2008 Director: Brendan Cochrane Location/Address: 2- 12 Chaplin Drive Lane Cove West Sydney, Australia, 2066 Telephone: 03 9835 7000 Website: www.harrisstratex.com About Harris Stratex Networks, Inc. Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless transmission solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com. Source: Harris Stratex Networks, Inc.

To: The Ox who wrote (162)	7/30/2008 4:42:47 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 312

Optus Selects Harris Stratex Networks as Exclusive Supplier Wednesday July 30, 4:30 pm ET Eclipse is the only product to support required multi-service functionality for network migration from TDM to all-IP RESEARCH TRIANGLE PARK, N.C., July 30 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (Nasdaq: HSTX - News), the leading independent supplier of turnkey wireless transmission solutions, today announced a multi-year contract with Optus to deliver digital microwave radio transmission services. Optus is expanding its 3G mobile network to cover up to 98 percent of the Australian population and has selected the Harris Stratex Eclipse(TM) platform to provide backhaul for next-generation IP-enabled mobile base stations. Harris Stratex Networks will also supply their advanced ProVision® Element Management System. ProVision has been developed specifically for the management of microwave radio networks, and delivers advanced features for monitoring and control of both TDM and Ethernet traffic. Kah-Rhu Tan, Optus Network Director, Access and Transmission Engineering said, "As a leading integrated communication operator in Australia, microwave radio is a key technology that enables us to deliver mobile, fixed-line and broadband services nationwide where fibre is just not available. We look forward to working with Harris Stratex to support delivering IP services to our customers." Raj Kumar, vice president, Asia Pacific Sales and Services, Harris Stratex Networks said, "We look forward to a long and successful relationship with Optus. We have demonstrated our commitment to the Australian market with our new Sydney office that will provide local technical and post-sales support. This award again demonstrates that Eclipse is the leading microwave solution for next-generation backhaul evolution available today, with unrivalled support for both TDM and Carrier Ethernet transport in a single integrated platform." Eclipse is able to provide all the traffic interfaces to support Optus' legacy and future transport requirements, including support for traditional TDM-based voice services alongside high-speed transport for Ethernet/IP data. Eclipse also met Optus' requirements for advanced features to support efficient, cost effective and resilient network designs that enabled the smooth introduction of new IP services. The Eclipse family provides a comprehensive solution for wireless backhaul networks, aimed at reducing both capital expenditure and ongoing operational expenses, while also supporting both current and future networking needs. Eclipse is renowned for a number of market firsts for TDM wireless transport, including Super-PDH(TM) transport and compact nodal networking. More recently, Eclipse has been leading the market with its unique support for Carrier Ethernet over Wireless, being the first microwave solution to be certified by the Metro Ethernet Forum to both MEF Standards 9 and 14. Eclipse Native Mixed Mode(TM) transports Ethernet and TDM traffic in its natural form for the simplest solution available on the market today for operators looking to evolve their backhaul networks to all-IP for next generation mobile broadband needs. Eclipse is now the wireless backhaul solution of choice for more than 70 leading mobile network operators around the world. ProVision provides a number of advanced features for monitoring and controlling both TDM and Ethernet transport, such as end-to-end circuit provisioning, Ethernet utilisation reporting and RMON performance monitoring as standard. About Optus Optus is an Australian leader in integrated communications -- serving more than seven million customers each day. The company specialises in a broad range of communications services including mobile, local, national and long distance telephony, business network services, internet and satellite services and subscription television. For more information please visit www.optus.com.au About Harris Stratex Networks, Inc. Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless transmission solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognised around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com . Eclipse(TM), ProVision®, Native Mixed Mode(TM) and Super-PDH(TM) are registered trademarks of Harris Stratex Networks or its subsidiaries in the United States and other countries.