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Eran Gorev to join Alvarion as president, CEO

Johannesburg, 04 Sep 2009

Alvarion, the world's leading provider of WiMax and wireless broadband solutions, today announced that its board of directors has named Eran Gorev to succeed Tzvika Friedman as president and Chief Executive Officer. The transition will take place during the fourth quarter, with Gorev assuming full day-to-day responsibility in December.

“We are pleased to welcome this highly-regarded executive to the company,” says Anthony Maher, Chairman. “Eran Gorev brings an impressive track record of success in world-class organisations, including NICE Systems, Amdocs, and Digital Equipment Corporation. His global experience, particularly in customer-facing roles with Tier 1 carriers, leading enterprises and governments, and strong corporate leadership skills are ideally suited to build on the achievements of Tzvika and the entire Alvarion team.”

Gorev will join Alvarion after five years at NICE Systems, where he has served most recently as Chief Business Officer, with operational responsibility for an organisation with over half a billion dollars in revenue and more than 1 200 employees in dozens of countries.

In addition to his strong international background, Gorev has demonstrated the ability to achieve excellent results in a dynamic hi-tech growth environment. During his four-year tenure as President and Chief Executive Officer of NICE Systems, the largest operating unit of the company, revenue tripled and profit grew at an even faster rate.

“I am delighted that Eran will be leading the Alvarion team,” says Tzvika Friedman, departing president and CEO of Alvarion. “It is a testimony to our past achievements and to our prospects for the future that we are able to attract someone of his calibre. Eran's experience with some of the world's leading carriers as well as his proven capabilities with large project execution will be important assets. His background brings both continuity and a fresh perspective to the company. I look forward to working with him to effect a seamless transition, and I wish him and the entire organisation much continued success in the next phase of Alvarion's growth.”

Gorev says this is a unique opportunity to head the leading company in such a dynamic industry. “I look forward to working with Alvarion's experienced board of directors, outstanding management and team of employees worldwide, as well as its customers, partners and shareholders, to make the most of our exciting future.”

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Alvarion

Alvarion (NASDAQ: ALVR) is the largest WiMax pure-player with the most extensive WiMax customer base and over 250 commercial deployments around the globe. Committed to growing the WiMax market, the company offers solutions for a wide range of frequency bands supporting a variety of business cases. Through its Open WiMax strategy, superior IP and OFDMA know-how, and ability to deploy end-to-end turnkey WiMax projects, Alvarion is shaping the new wireless broadband experience (www.alvarion.com).

Editorial contacts

Cecile Meyer
Watt Communications
cecile@wattcommunications.co.za