Stratex Networks' New Data Transmission Business Reaches Milestone
Posted on: Wednesday, 18 May 2005, 12:00 CDT
SAN JOSE, Calif., May 18 /PRNewswire-FirstCall/ -- Stratex Networks, Inc. , a leading provider of wireless transmission solutions, today announced that revenue from data centric applications reached approximately $25 million, or 14 percent of total sales, in the fiscal year ended March 31, 2005. This was the first year the company targeted the data transmission market as part of its strategy to expand its served available market. Strongest demand was seen for the Eclipse(TM) Nodal Wireless Transmission platform.
In fiscal 2005, a number of technological enhancements such as Eclipse Ethernet transport, Liquid Bandwidth Ethernet, and traffic aggregation capabilities drove sales of new applications. For example, Liquid Bandwidth Ethernet was significant because it allows operators to cost-effectively deploy complex new networks by allocating capacity between Ethernet and voice-based services, further driving demand for Stratex Networks' wireless transmission solutions.
"Last year, we made technical innovation for data centric applications a strategic initiative for the company," stated Chuck Kissner, chairman and chief executive officer of Stratex Networks, Inc. "To have made such rapid progress in these new applications of our technology is very encouraging. We are continuing to develop new innovative solutions for the data market and are looking forward to continued progress this year."
The company offers a range of new network applications that have contributed to revenue growth from data centric functions. These include metro Ethernet LAN solutions for closed private networks, transmission links for remote DSL extensions, backhaul for a number of pre-WiMax broadband wireless access systems, and a variety of high bandwidth Video over IP solutions. Stratex Networks recently announced a number of extensions to its portfolio of data centric solutions including an entry level Ethernet bridge solution and a high bandwidth solution for gigabit Ethernet applications.
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.stratexnet.com/.
Stratex Networks, Inc.
CONTACT: Stuart Little of Stratex Networks, Inc., +1-408-943-0777, orMarketing@stratexnet.com
Web site: http://www.stratexnet.com/
Source: PRNewswire-FirstCall
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