Harris Stratex Networks Announces Grand Opening of New International Headquarters in Singapore
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RESEARCH TRIANGLE PARK, N.C., June 20 -- Harris Stratex Networks, Inc. (NASDAQ:HSTX), the leading independent supplier of turnkey wireless network solutions, today announced the grand opening of its international headquarters (IHQ) in Singapore. The new entity, Harris Stratex Networks (S) Pte. Ltd., will be led by vice president and general manager Asif Rahman. The opening ceremony will be held at the new IHQ facility located at 17, Changi Business Park Central 1, on June 20, 2007 at 2:00 p.m. SGT.
Guy Campbell, Harris Stratex Networks president and chief executive officer; Asif Rahman; and Raj Kumar, vice president, Asia-Pacific sales, will preside over the ceremony and festivities. Customers and partners will attend to mark the entrance of the new business into the Singapore community and an important strategic milestone for Harris Stratex Networks. Chairman Lim Siong Guan of the Singapore Economic Development Board will be the guest of honor at the ceremony.
"Our new IHQ in Singapore further demonstrates the commitment of Harris Stratex Networks in meeting the needs of our global customer base," said Guy Campbell. "It significantly strengthens our global presence and our commitment to being a major player in Asia and adjacent regions. The Singapore Economic Development Board provided excellent support during the entire process, from decision making to planning and implementation."
"The EDB welcomes Harris Stratex's decision to set up its Headquarters functions, Global Logistics Group and R&D Center in Singapore. Its presence reinforces Singapore's position as an ideal hub for a broad spectrum of Infocomms innovations and activities. Harris Stratex's decision is also testimony to Singapore's attractiveness as a centre for companies to manage and grow their global markets due to its excellent infrastructure, connectivity and talent pool," said Mr Lim Siong Guan, Chairman of the Singapore Economic Development Board.
The Harris Stratex Networks IHQ begins operations with 12 employees, with plans to grow to over 60 employees within 24 to 36 months. The majority of these employees will be professionals, mainly recruited from Singapore. Harris Stratex Networks (S) Pte. Ltd. will serve as a global logistics and procurement center, capitalizing on Singapore's world class seaport and airport infrastructure. Other functional areas will include day-to-day international operations, finance, contracts and supply chain management. The company also plans to establish an R&D center focused on software development at the new IHQ. To accommodate business growth, the new IHQ is located in a 12,500 sq. ft. facility.
"In addition to serving as our IHQ, Singapore will serve as our Asia Pacific regional hub, greatly enhancing our ability to deliver rapid, high- quality customer service and support directly from the region where we do business," added Asif Rahman. "Our customers in the region can be assured that key functions, such as sales, distribution and technical support, are in sync with local needs and practices."
Contact information for the new entity:
Harris Stratex Networks (S) Pte. Ltd.
17, Changi Business Park Central 1
Honeywell Building, #04-01
Singapore 486073
Main Tel: +65 6787-1031
About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless network solutions. 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.
Source: Harris Stratex Networks, Inc.
CONTACT: Kami Spangenberg of Harris Stratex Networks, Inc.,
+1-919-767-5238, Kami.Spangenberg@HSTX.com; or Eugene Wong of The Right
+Spin, 65-6325-5928, eugene@therightspin.com.sg
Web site: http://www.harris.com/
