Stratex Networks Announces Next-Generation Eclipse(TM) Technology
31 January 2006 - 12:00AM
PR Newswire (US)
New Technology Expands Market Footprint SAN JOSE, Calif., Jan. 30
/PRNewswire-FirstCall/ -- Stratex Networks, Inc. (NASDAQ:STXN), a
leading provider of wireless transmission solutions, announced
today it has commenced commercial shipments of next-generation
Eclipse(TM) products. Using new technology developed at Stratex
Networks, these new products utilize dramatically simplified radio
designs, enabling reductions in cost, improvements in
manufacturing, and more rapid delivery of solutions to customers
and partners. These new products are designed to deliver a higher
proportion of value to Stratex Networks' customers and partners
through software and to address expanded distribution channels. The
first products being introduced extend the E300 family of Eclipse
high capacity radios. The new Eclipse E300hp is a high performance,
cost-effective, outdoor mounted radio designed for high-volume
applications and for wider commercial distribution than any
previous product from Stratex Networks. With the launch of the
E300hp, Stratex Networks is now also introducing Eclipse products
into new distribution channels in both North America and
International markets in order to make Eclipse technology more
widely available. In a separate press release today, Stratex is
announcing a global licensing agreement with Alcatel for certain
Eclipse products utilizing this new technology. "We are extremely
pleased to announce the availability of next-generation Eclipse
technology, which we believe is an important step forward in our
commitment to rapidly advance innovation in our industry," stated
Chuck Kissner, Chairman and CEO of Stratex Networks. "As we have
evolved our business over the past few years, it is clear that the
role of software product offerings, innovation in reducing hardware
costs, and wider distribution of our designs are all increasingly
important for our customers and our company. With the introduction
of this new technology for wireless transmission solutions, over
the next one to two years we plan to grow the channels for our
products and continue to evolve our software business model. With
our expanding product portfolio, we also intend to continue to grow
our traditional sales channels as Eclipse establishes its brand as
the leading wireless solution of its type." Eclipse E300hp is now
shipping. Information on the entire Eclipse product line, which
provides a broad set of innovative solutions for complete wireless
transmission systems for mobile, fixed, and data networks, is
available by contacting your local Stratex Networks sales office,
authorized distributor or at our Web site at
http://www.stratexnet.com/. Additional information about this new
Eclipse technology will be discussed in conjunction with the
company's fiscal third quarter 2006 earnings call scheduled for
Feb. 2, 2006 at 5:00 PM EST. Call-in information may be found in
the company's press release dated Jan. 9, 2006 or at
http://www.stratexnet.com/. 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
http://www.stratexnetworks.com/. Safe Harbor Statement This press
release contains statements that qualify as "forward-looking
statements" under the Private Securities Litigation Reform Act of
1995, including statements relating to the Company's expectations
to achieve continued cost improvements and improvements in
manufacturing. These forward-looking statements are based on
current expectations and the Company assumes no obligation to
update this information. The Company's ability to meet these
expectations could be affected as a result of significant risks and
uncertainties including: -- Suppliers' inability to perform and to
timely deliver as a result of their financial condition or natural
disasters such as earthquakes or epidemic outbreaks such as SARS or
aviary flu; -- Contract manufacturers' ability to realize
improvements in manufacturing as a result of new and innovative
Company product designs; -- Unexpected delays in the schedule for
shipments of the Eclipse E300hp. For a further discussion of these
and other factors that impact the Company's business in general,
see the information provided under the heading "Factors That May
Affect Future Financial Results" in the Company's Quarterly Report
on Form 10-Q for the period ended December 31, 2005, on file with
the Securities and Exchange Commission. DATASOURCE: Stratex
Networks, Inc. CONTACT: investors, Mary McGowan of Summit IR Group
Inc., +1-408-404-5401, or , for Stratex Networks, Inc.; or
marketing, Shaun McFall of Stratex Networks, Inc., +1-408-943-0777,
or Web site: http://www.stratexnet.com/ Web site:
http://www.stratexnetworks.com/
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