Company Website: http://www.alvarion.com
TEL AVIV, Israel -- (Business Wire)

Alvarion® Ltd. (NASDAQ: ALVR), a provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced that it plans to report its First Quarter 2012 results on May 16, 2012, during pre-market hours. Following the announcement, Alvarion’s management will host a conference call at 9:00 a.m. EDT.

Please call the following dial in number to participate:
USA: +1 800 230 1092; International: +1 612 234 9960

The public is invited to listen to the live webcast of the conference call.
For details please visit Alvarion’s website at www.alvarion.com.
An archive of the online broadcast will be available on the website.

A replayof the call will be available from 11:00 a.m. EDT on May 16, 2012 through 11:59 a.m. EDT on June 16, 2012.

To access the replay, please call:
USA: +1 800 475 6701
International: +1 320 365 3844
To access the replay, users will need to enter the following code: 243645

Alvarion^{has scheduled dates for the earnings announcements during 2012. Schedule is available here: http://www.alvarion.com/index.php/en/investors/investor-summary.}

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 a number of 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 inability to reallocate our resources and rationalize our business in a more efficient manner, potential impact on our business of the current globalmacro-economic uncertainties, the inability of our customers to obtain credit to purchase our products as a result of global credit market conditions, continued delays in 4G license allocation in certain countries; the failure of the products for the 4Gmarket to develop as anticipated; Alvarion’s 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 the Alvarion’s strategic initiatives to enable Alvarion to more effectively capitalize on market opportunities as anticipated; the potential incurrence by Alvarion of unknown liabilities of Wavion; the failure of Alvarion to effectively integrate the business and technology of Wavion into that of Alvarion and Alvarion’s products and realize the expected synergies from the acquisition; the failure of Alvarion to meet financial covenants underlying loans granted to us, the failure of Alvarion to gain market acceptance for the Wavion products as contemplated; the failure of the markets for Wavion’s and Alvarion’s products to grow as anticipated; 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; as well as the inability to establish and maintain relationships with commerce, advertising, marketing, and technology providers and other risks detailed from time to time in the Company’s 20-F Annual Report Risk Factors section as well as in other filings with the 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 Securities and Exchange Commission, which this press release will be a part of.

You may request Alvarion's future press releases by contacting 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/index.php/en/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.

Contacts:

Alvarion Ltd.
Investor Contacts:
Lior Shemesh, CFO
+1.760.685.2007
lior.shemesh@alvarion.com
or
Claudia Gatlin
+1.212.830.9080
claudia.gatlin@alvarion.com
or
Press Contacts:
In the U.S.: John Conrad
+1.703.390.1538
conrad@merrittgrp.com
or
Janine Wiener
+972.54.322.5946
Janine.wiener@alvarion.com

Source: Alvarion Ltd.