LITTLE FALLS, New Jersey, October 20, 2016 -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that a Tier 1 US operator selected Ceragon as its primary wireless backhaul supplier to support its network densification and optimization strategy. This strategy is aimed at improving subscriber experience and continually meeting the growing demand for capacity. Initial orders for the FibeAir IP-20 Platform of over $4 million have been received in Q4.

 

Ceragon's FibeAir IP-20 Platform, with its unique multicore technology, offers the operator a highly innovative, quick rollout with the scalability to increase capacity as its network expands and densifies over time. "We are delighted to partner with the operator to support its network strategy," said Ira Palti, president and CEO of Ceragon. "Our IP-20 Platform is highly deployed worldwide and is second-to-none in the industry in terms of generating value to our customers through its high capacity, field-proven reliability and its versatility for use in any deployment scenario. We look forward to a successful long term partnership."  

SAN JOSE, CA--(September 27, 2016) - Harmonic (HLIT) today announced it has entered into a warrant agreement with Comcast Corporation. The agreement provides Comcast with the opportunity to acquire shares of common stock of Harmonic based on specific CableOS™ and other Harmonic product sales and deployment milestones during the term of the warrant.

 

"This agreement is a significant validation of our new product investment strategy," said Patrick Harshman, Harmonic's President and CEO. "We are well positioned to further strengthen our partnership with Comcast, drive new growth and create value for our stockholders."

SUNNYVALE, CA--(September 08, 2016) - Finisar Corporation (FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its first quarter of fiscal year 2017, ended July 31, 2016.

 

COMMENTARY

"I am pleased to announce that Finisar achieved record revenues for our first quarter of $341.3 million, an increase of $22.5 million, or 7.1% compared to the prior quarter. This growth was primarily driven by strong demand for 100Gb/s transceivers in CFP, CFP2, CFP4, and QSFP28 form factors. In addition, demand for wavelength selective switches was strong. Our gross margins improved significantly due to favorable product mix and leverage of our vertically integrated manufacturing infrastructure over the larger volume. The combination of revenues being at the higher end of our guidance range and better than expected gross margins resulted in earnings per fully diluted share exceeding the upper end of our guidance range," said Jerry Rawls, Finisar's Chief Executive Officer.

MONTREAL, QC--(August 31, 2016) - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to announce it has received a new $400K CDN purchase order for its Voyager Surf3 device from a defense contractor. This is in addition to the two recently announced defense and government contract purchase orders, which totalled $2.3M CDN.

 

CEO of Siyata, Marc Seelenfreund states, "We are very pleased to continue on our momentum of orders in Q3 and believe that this will allow us to achieve strong growth in revenue and increasing gross margins in the second half of 2016. This was the largest purchase that we have received to date for our Voyager Surf3 product and we see a lot of potential in the market for these devices."