Release Details
Harris Stratex Networks Helps Ready Customers for Broadband Stimulus Benefits with New GO-Stimulus Partnership Program
LAS VEGAS – April 1, 2009 – Harris Stratex Networks, Inc. (NASDAQ: HSTX), a leading specialist in backhaul solutions for mobility and broadband networks, today announced its GO-Stimulus Partnership Program, a unique initiative designed to enable U.S. network providers to best capitalize on the American Recovery and Reinvestment Act of 2009 (ARRA), which allocates $7.2 billion in grant and loan funding for broadband and wireless initiatives. The first round of distributions in grant and loan funding is expected as early as this spring.
When it comes to securing broadband stimulus funds, network providers face an uncertain fund allocation process. In addition, these companies are faced with key obstacles including writing a convincing application, implementing and managing a network in a timely and cost effective manner. Choosing the right technology and vendor to meet specific needs and requirements is critical, and these challenges all must be addressed while maintaining focus on core business needs.
The Harris Stratex GO-Stimulus Partnership Program provides operators with a turnkey service – from building successful ARRA grant and loan applications, to network deployment, implementation and support – to provide immediate and long-term stimulus success. Teaming with Harris Stratex to leverage its 4G wireless technology portfolio, including its Eclipse™ Packet Node Platform, the recently announced IRU600 radio unit and turnkey services offerings, network providers can cost-effectively deliver network infrastructure projects on tight timelines, which is a critical component to securing federal funding. Harris Stratex products also can provide the highest-speed wireless IP broadband access and transport solutions, which are critical to reaching rural, unserved and underserved geographies. For more information on the Harris Stratex GO-Stimulus Partnership Program, please visit: www.harrisstratex.com/about/GOstimulus.asp.
“The U.S. government’s broadband stimulus program will help our customers continue to build out our nation’s digital infrastructure footprint, and because of cost efficiencies and rapid deployment speeds, wireless is the ideal solution to reach rural and underserved markets,” said Shaun McFall, Harris Stratex chief marketing officer. “With our new GO-Stimulus program, we’re taking a vested interest in our partners’ success in this effort. Combined with our leading 4G wireless solutions and turnkey services, we will enable our customers to build strong cases for stimulus funding, which is a unique and significant value.”
Harris Stratex will be featured April 1-3 at CTIA in booth #1332 in level 2 of the south hall of the Las Vegas Convention Center. For more information, please visit the Harris Stratex Networks MediaRoom showcase .
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About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is a leading specialist in backhaul solutions for mobility and broadband networks. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com .
Trademarks
Eclipse is a trademark of Harris Stratex Networks.
Contacts:
Investors: Mary McGowan, Summit IR Group Inc., 408-404-5401, mary@summitirgroup.com
Media: Jennifer Anderson, Harris Stratex Networks, Inc., 919-749-7240, jennifer.anderson@hstx.com