ALVARION LTD
			Symbol			ALVR

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Alvarion® Reports Q3 2009 Results

2009-11-04 02:00 ET - News Release

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

Alvarion Ltd. (NASDAQ:ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, today announced financial results for the third quarter ended September, 30, 2009.

Business highlights include:

• Selected as vendor to Clearwire International
• Implementing turnkey projects in U.S., Taiwan, Italy and Kenya
• Two new customer wins through expanded NSN partnership
• Introduced outdoor macro base station and WiMAX solution for license exempt frequencies

Q3 Financial Highlights:

• Returned to Non-GAAP Profitability in Q3 and Year-to-Date Results
• Revenues stable sequentially
• GAAP net loss of ($0.02) per share; Non-GAAP net income of $0.00 per share
• WiMAX shipments down 4% sequentially to $37.5 million, reflecting project delays
• WiMAX revenues down 10% sequentially to $40.5 million
• Order pattern continues gradual improvement

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