Alvarion® Postpones Earnings Release Due to Ongoing Negotiations to Sell its Carrier Licensed Business

  Alvarion® Postpones Earnings Release Due to Ongoing Negotiations to Sell its
  Carrier Licensed Business

     Earnings call rescheduled for Wednesday, March 6, 2013 at 9 a.m. EST

Business Wire

TEL AVIV, Israel -- February 20, 2013

Alvarion® Ltd.  (NASDAQ:ALVR) a global provider of optimized wireless
broadband solutions addressing the connectivity, coverage and capacity
challenges of public and private networks, announces the postponement of its
fourth quarter and full year 2012 earnings release and conference call, which
was previously scheduled for today, Wednesday, February 20, 2013, due to
ongoing negotiations to sell its licensed carrier business. There is no
assurance that such negotiations will result in the execution of a definitive
agreement.

The earnings release has been rescheduled to Wednesday, March 6, 2013, during
pre-market hours. In conjunction with the earnings release, Alvarion’s
management will host a conference call at 9:00 a.m. ET.

The conference call dial-in information will be provided separately.

About Alvarion

Alvarion Ltd. (NASDAQ:ALVR) provides optimized wireless broadband solutions
addressing the connectivity, coverage and capacity challenges of telecom
operators, smart cities, security, and enterprise customers. Our innovative
solutions are based on multiple technologies across licensed and unlicensed
spectrums. (www.alvarion.com)

This press release contains forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. These statements are based on the current expectations or beliefs of
Alvarion’s management and are subject to various factors and uncertainties
that could cause actual results to differ materially from those described in
the forward-looking statements. The following factors, among others, could
cause actual results to differ materially from those described in the
forward-looking statements: our failure to fully implement our 2012 turnaround
plan, our inability to reallocate our resources and rationalize our business
in a more efficient manner, potential impact on our business of the current
global macro-economic uncertainties, the inability of our customers to obtain
credit to purchase our products as a result of global credit market
conditions, the failure to fund projects under the U.S. broadband stimulus
program, continued delays in 4G license allocation in certain countries; the
failure of the products for the 4G market to develop as anticipated; our
inability to capture market share in the expected growth of the 4G market as
anticipated, due to, among other things, competitive reasons or failure to
execute in our sales, marketing or manufacturing objectives; the failure of
our strategic initiatives to enable us to more effectively capitalize on
market opportunities as anticipated; delays in the receipt of orders from
customers and in the delivery by us of such orders; our failure to fully and
effectively integrate the business and technology of Wavion Inc., acquired by
us in November 2011, into our products and realize the expected synergies from
the acquisition; the failure of the markets for our (including Wavion's)
products to grow as anticipated; our inability to further identify, develop
and achieve success for new products, services and technologies; increased
competition and its effect on pricing, spending, third-party relationships and
revenues; our inability to establish and maintain relationships with commerce,
advertising, marketing, and technology providers; our inability to comply with
covenants included in our financing agreements; our inability to raise
sufficient funds to continue our operations, either through equity issuances
or asset sales; and other risks detailed from time to time in the Company’s
annual reports on Form 20-F as well as in other filings with the U.S.
Securities and Exchange Commission.

Information set forth in this press release pertaining to third parties has
not been independently verified by Alvarion and is based solely on publicly
available information or on information provided to Alvarion by such third
parties for inclusion in this press release. The web sites appearing in this
press release are not and will not be included or incorporated by reference in
any filing made by Alvarion with the U.S. Securities and Exchange Commission,
which this press release will be a part of.

To receive Alvarion's press releases please contact Sivan Farfuri,
sivan.farfuri@alvarion.com or +972.3.767.4333. Please see the Investor section
of the Alvarion website for more information:
http://www.alvarion.com/investors.

Alvarion®, its logo and certain names, product and service names referenced
herein are either registered trademarks, trademarks, trade names or service
marks of Alvarion Ltd. in certain jurisdictions. All other names are or may be
the trademarks of their respective owners.

Contact:

Alvarion Ltd.
CFO
Avi Stern, +972.3.767.4333
avi.stern@alvarion.com
or
VP IR
Elana Holzman, +972.3.645.7892
elana.holzman@alvarion.com
 
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