Stratex Networks Signs Multi-year Preferred Supplier Agreement with MTN
December 19 2005 - 8:30AM
PR Newswire (US)
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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