Alvarion Appoints Acting CEOAlvarion Appoints Acting CEO

TEL AVIV, Israel -- Alvarion(R) Ltd. (Nasdaq:ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, today announced the appointment of Assaf Katan as Acting Chief Executive Officer of the company, effective immediately. Mr. Katan joined Alvarion in 2010 as part of the corporate development team and was subsequently appointed Corporate Vice President, Strategy & Business Development and a member of the company's senior management. In this role, Mr. Katan has been involved in the company's major strategic initiatives, including the acquisition of Wavion Ltd. in November 2011, which expanded Alvarion's technology portfolio to include carrier Wi-Fi, and the turnaround plan launched in mid-2012, which included a comprehensive review of Alvarion's sales and marketing efforts and a decision to focus the business on vertical and carrier-grade Wi-Fi markets. "We are pleased that Assaf accepted the Board's request to lead Alvarion as we believe he is the right person for the job at this time. Assaf brings to the role extensive industry experience, and as part of the management team, he knows the company, its corporate culture and the challenges it faces very well," said Amnon Yacoby, Chairman of the Board. "Assaf has been intimately involved with formulating and executing the company's turnaround plan over the past year. We are confident that under his leadership, the company will continue with the execution of the turnaround plan, focusing attention and resources on the company's core target markets -- vertical and Wi-Fi markets." Alvarion Ltd.