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Airvana Announces CDMA Femtocell AdvancementsCHELMSFORD, Mass., Nov. 15 /PRNewswire-FirstCall/ -- Airvana, Inc. , a leading provider of mobile broadband infrastructure products, today announced the achievement of several milestones in the company's development of CDMA femtocell technology. Femtocells are small cellular access points that leverage existing broadband connectivity to provide consumers with enhanced mobile voice, video and data services, especially in the home. In a recent report, ABI Research forecasts that 74 million femtocells will be shipped through 2012 (1). Airvana is developing a femtocell that supports both 1xRTT and EV-DO services-an industry first-to ensure users have a consistent mobile experience for voice, video and data services whether they are connected through their femtocell or the macro network. Airvana's CDMA femtocells are currently in trials with mobile network operators and are expected to be commercially available in the second half of 2008. In addition, Airvana has distinguished itself in the CDMA femtocell market through its ability to offer operators a complete access network infrastructure solution for femtocells. By providing operators with CDMA femtocells, its Femto Network Gateway service provided by the Universal Access Gateway (UAG), and the required configuration, monitoring and management software, Airvana delivers a complete solution that simplifies deployment for operators and accelerates time to market. "Femtocells will extend the advantages of CDMA and EV-DO technology for potentially millions of users while creating new revenue streams for operators," said Sanjeev Verma, vice president of Business Development and co- founder of Airvana. "Our solution will help CDMA operators evolve toward fixed-mobile convergence offerings that scale in coverage and capacity." Airvana's leadership in CDMA femtocell technology follows the company's success in delivering CDMA2000 1xEV-DO equipment for operators' macro networks worldwide. The company's award-winning CDMA core technology is deployed in 16 major operator networks. About Airvana Airvana is a leading provider of network infrastructure products used by wireless operators to provide mobile broadband services. Airvana's software and hardware products -- base stations, controllers, gateways and femtocells -- enable wireless networks to deliver broadband-quality multimedia services to mobile phones, laptop computers and other mobile devices. These services include Internet access, e-mail, music downloads, video, IP-TV, gaming, push-to-talk and voice-over-IP. Airvana's solutions enable new services and deliver carrier-grade mobility, scalability and reliability with relatively low operating and capital costs. Worldwide, Airvana's mobile broadband systems are deployed on six continents in 16 major networks by industry-leading service providers who demand high standards of carrier-class performance. Airvana is headquartered in Chelmsford, Massachusetts, USA. http://www.airvana.com/ Safe Harbor Statement Any statements in this press release about future expectations, plans and prospects for Airvana constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements typically contain the words "believes," "anticipates," "plans," "expects," "will", "continue" and similar expressions. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including without limitation the highly competitive and rapidly evolving market in which Airvana competes, Airvana's limited operating history, the fluctuation of its past operating results and its reliance on sales through Nortel for a significant portion of its revenues and product and service billings and other factors discussed in Airvana's filings with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Airvana's views as of the date of this press release. Airvana anticipates that subsequent events and developments may cause its views to change. While Airvana may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward- looking statements should not be relied upon as representing Airvana's views as of any date subsequent to the date of this press release. (1) Femtocell Market Challenges and Opportunities, ABI Research, 2007. Media Contact Jim McManus Davies Murphy Group (781) 418-2402 [email protected] Investor Contact David Reichman Sharon Merrill Associates (617) 542-5300 [email protected] Airvana, Inc. CONTACT: Media Contact, Jim McManus of Davies Murphy Group,+1-781-418-2402, [email protected]; or Investor Contact, David Reichmanof Sharon Merrill Associates, +1-617-542-5300, [email protected],both for Airvana, Inc. Web site: http://www.airvana.com/ |