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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MARCH 24, 2000
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SOMERA COMMUNICATIONS, INC.
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(Exact name of registrant as specified in charter)
Delaware 333-86927 77-0521878
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(State or other jurisdiction of (Commission file number) (IRS Employer
of incorporation) Identification No.)
5383 Hollister Avenue, Santa Barbara, CA 93111
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (805) 681-3322
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Item 5. Other Events.
On March 24, 2000, Somera Communications, Inc. issued a press release
regarding the award of a contract.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SOMERA COMMUNICATIONS, INC.
By: /s/ Dan Firestone
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Dated: March 24, 2000 Dan Firestone
Chief Executive Officer
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INDEX TO EXHIBITS
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Exhibit Number Description
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99.1 Press Release, dated March 24, 2000, entitled "Somera
Awarded a Contract to De-install and Procure $20 Million in
Digital Wireless Equipment from a Major International
Carrier."
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EXHIBIT 99.1
For Immediate Release
Contact: Amanda Raas Bob Okunski
Marketing Communications Somera Investor Relations
805.681.3322 x243 Stapleton Communications Inc.
[email protected] 650.470.4204
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www.somera.com --------------------
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Somera Awarded a Contract to De-install and Procure $20 Million in Digital
Wireless Equipment from a Major International Carrier
Santa Barbara, CA, March 24, 2000- Somera Communications (Nasdaq: SMRA), a
leading provider of telecommunications infrastructure equipment, today announced
that it has been awarded a contract to procure approximately $20 million in
Nortel Networks digital wireless infrastructure equipment from a major
international carrier.
Utilizing Somera's value-added services, the international carrier will benefit
from Somera's materials management expertise in the de-installation of the
equipment, and also realize a return on their investment thus enabling them to
cost-effectively reconfigure their network. Somera intends to draw upon its
extensive market knowledge and proprietary database of customers to re-deploy
this equipment to meet the high level of demand in the industry for Nortel
infrastructure products.
"This is an excellent example of the application of Somera's strong business
model in the dynamic telecommunications market," said Dan Firestone, Somera's
President and Chief Executive Officer. "By providing one carrier with a
competitive return on their de-installed equipment, we help them upgrade their
networks with new technology. We are then able sell this equipment to other
carriers worldwide providing them with cost effective solutions as they expand
their digital wireless infrastructure."
About Somera Communications
Somera Communications is a leading provider of a broad range of
telecommunications infrastructure equipment and services designed to meet the
needs of today's carriers. Somera offers its customers a unique combination of
new, de-installed, and refurbished equipment from a variety of manufacturers
allowing customers to make multi-vendor purchases from a single cost-effective
source. In addition to supplying equipment, Somera offers its customers a suite
of customized, value-added services that enables them to realize the full value
of their equipment. Visit Somera on the web at www.somera.com.
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Except for historical information contained herein, the matters discussed in
this news release may contain "forward-looking statements" that involve risks
and uncertainties. These statements may differ materially from actual future
events or results. Factors that could cause actual results to differ include,
but are not limited to, general conditions in the telecommunications industry,
the impact of competition and a shortage of product supply. Readers are referred
to the documents filed by Somera with the Securities and Exchange Commission,
specifically, Somera's final prospectus, which identify important risk factors
that could cause actual results to differ from those contained in the forward-
looking statements.
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