UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2004
Commission File Number: 0-30628
ALVARION LTD.
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(Translation of registrant's name into English)
21A Habarzel Street, Tel Aviv 69710, Israel
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(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F |X| Form 40-F |_|
ndicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes |_| No |X|
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-___________
The following are included in this report on Form 6-K:
Sequential
Exhibit Description Page Number
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1. Press release, dated February 5, 2004 3
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EXHIBIT 1
CONTACTS
ALVARION ALVARION
Dafna Gruber, CFO +760 - 517 -3187
1 972-3-645 6252 Carmen Deville, +760-517-3188
DAFNA.GRUBER@ALVARION.COM CARMEN.DEVILLE@ALVARION.COM
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ANTHONY MAHER SUCCEEDS AHARON DOVRAT AS
CHAIRMAN OF ALVARION
TEL - AVIV, ISRAEL, FEBRUARY 5, 2004 - ALVARION LTD. (NASDAQ: ALVR), the global
leader in wireless broadband solutions, announced today that Mr. Anthony Maher,
active Vice Chairman since July 2003, is succeeding Mr. Aharon Dovrat as
Chairman of the Board of Directors, effective February 4, 2004. Mr. Dovrat has
been Chairman of Alvarion (formerly BreezeCOM) since 1999.
Mr. Maher brings with him 34 years of management experience in the telecom
equipment business in both the United States and Europe. Mr. Maher was a member
of Floware's board of directors and has served on Alvarion's board since the
merger in 2001. From 1978 until becoming a partner of Star Venture Management (a
venture capital company) in 2002, Mr. Maher held various senior management
positions at Siemens AG. Prior to joining Siemens, he was employed by Bell
Telephone Laboratories.
Commenting on his decision to leave the board, Mr. Dovrat said, "I've completed
my role after five years with a feeling of satisfaction. I would like to
recognize the CEO, the management, and the entire team for their devotion and
talent, which has enabled Alvarion to become the established, growing, global
company it is today. I wish Tony much success going forward in his new role."
Mr Maher, on behalf of the Board and the management, said, "We are profoundly
grateful for the many contributions that Mr. Dovrat has made to the company from
its startup phase through all the changes in both the company and its markets.
He has been a tremendous asset every step of the way. The company is now well
positioned to lead the industry in the next phase of growth that is now
beginning."
ABOUT ALVARION
Alvarion is dedicated to delivering seamless wireless broadband networking
infrastructure to carriers, ISPs and private network operators, in order to
leverage their broadband opportunities into sustainable profits. Alvarion offers
premier wireless broadband solutions for access in the last mile, backhauling
connection to the backbone and private network connectivity. Featuring the
industry's most extensive range of products and international support, Alvarion
is a pioneering leader of the converged wireless broadband network.
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With over 1.5 million units deployed in 130 countries worldwide, Alvarion
provides secure rich-media networks for business or residential Internet access,
corporate VPNs, cellular base station feeding, community interconnection, public
safety connectivity and extended Hotspots.
Having recently acquired InnoWave's wideband access portfolio and expertise,
Alvarion provides a complete wireless solution that supports a wide range of
frequency bands, customer profiles and service types.
For more information, visit Alvarion's World Wide Web site at 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: 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 filings with the Securities and Exchange Commission.
You may request Alvarion's future press releases or a complete Investor Kit by
contacting Carmen Deville, Investor Relations: carmen.deville@alvarion.com or
760-517-3188.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALVARION LTD.
Date: February 5, 2004 By: /s/ Dafna Gruber
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Name: Dafna Gruber
Title: Chief Financial Officer
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