Alvarion Replaces Chairman

Amnon Yacoby succeeds Anthony Maher

October 10, 2011

1 Min Read

WASHINGTON -- Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of 4G networks in the Broadband Wireless Access (BWA) market, today announced that Mr. Amnon Yacoby, a director of Alvarion since its inception in 2001 and a founder and Chief Executive Officer of Floware until its merger with BreezeCom to form Alvarion, is succeeding Mr. Anthony Maher as Chairman of the Board of Directors, effective October 9, 2011. Mr. Maher had been Chairman of Alvarion since 2004. Mr. Maher resigned from the board, effective October 9, 2011 for personal reasons. Mr. Brian Protiva, who had been a director since September 2010, also resigned, effective October 9, 2011, for personal reasons.

From 1987 until shortly before founding Floware in 1996, Mr. Yacoby was a founder and the President and CEO of RAD Network Devices Ltd., a developer of data networking devices. After serving as the CEO of Floware since its founding in 1996, upon the merger with BreezeCom to form Alvarion, in addition to his directorship, Mr. Yacoby served as co-CEO of Alvarion during the post-merger transition period. In 2004, Mr. Yacoby co-founded Aternity Inc., an enterprise software monitoring solution provider to Global 1000 companies, and currently serves as its Chairman.

Alvarion Technologies Ltd. (Nasdaq: ALVR)

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