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STXN Stratex Networks

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Stratex Networks NASDAQ:STXN NASDAQ Common Stock
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Stratex Networks Announces Next-Generation Eclipse(TM) Technology

30/01/2006 1:00pm

PR Newswire (US)


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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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