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STXN Stratex Networks

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Share Name Share Symbol Market Type
Stratex Networks NASDAQ:STXN NASDAQ Common Stock
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Stratex Networks Signs Multi-year Preferred Supplier Agreement with MTN

19/12/2005 1:30pm

PR Newswire (US)


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Receives Eclipse(TM) Expansion Order of $5 Million from MTN Nigeria Affiliate SAN JOSE, Calif., Dec. 19 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. (NASDAQ:STXN), a leading provider of wireless transmission solutions, said that it had recently received an expansion order for the Eclipse Nodal Wireless Transmission system valued at US $5.0 million from MTN Nigeria. Earlier this year Stratex Networks concluded a preferred supplier agreement with the MTN Group. The agreement recognizes Stratex Networks as a preferred supplier to MTN Group for microwave transmission equipment. The preferential supply agreement has a term of five years and allows the MTN Group operations to rapidly deploy network expansions and increase rollout schedules by taking advantage of already approved technology, and commercial terms and conditions. "We are extremely pleased to extend our long-standing relationship with MTN," stated Chuck Kissner, Chairman and Chief Executive Officer of Stratex Networks. "Having such an agreement in place allows us to focus our energy and skills on supporting MTN's network implementations throughout the region." 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/. Note to editors: MTN Group Limited Launched in 1994, the MTN Group celebrates more than 11 years as a leading provider of cellular and communications services in Africa and is listed on the JSE Securities Exchange South Africa under the share code: "MTN". As at 30 September 2005, the MTN Group recorded more than 20 million subscribers across its operations. MTN operates in 10 African countries including South Africa, Swaziland, Rwanda, Uganda, Cameroon, Nigeria, Cote d'Ivoire, Zambia, Botswana and the recently acquired operation, Libertis Telecom, in the Republic of Congo (Congo Brazzaville). For more information, please visit http://www.mtn.co.za/. DATASOURCE: Stratex Networks, Inc. CONTACT: Investors - Mary McGowan, Summit IR Group Inc., +1-408-404-5401, ; Shaun McFall of Stratex Networks, Inc., +1-408-943-0777, Web site: http://www.stratexnet.com/

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