• Most Popular
  • Most Shared

Tranzeo Receives US$3.4M Purchase Order For OEM-Branded Customer Premise Equipment

Thu Nov 12, 2009 2:17pm EST
  PITT MEADOWS, BRITISH COLUMBIA, Nov 12 (MARKET WIRE)
-- 
Tranzeo Wireless Technologies Inc. (TSX: TZT), a premier manufacturer of
wireless broadband and WiMAX communication systems, has received an order
for US$3.4M for WiMAX OEM-branded customer premise equipment (CPEs).
Shipments are to start Q1 of 2010. The Tranzeo-made radios operate over
the 2.3 to 2.7GHz, 3.3 to 3.8GHz and 5.15 to 5.875GHz frequencies.

    "We are experiencing extremely strong traction for our WiMAX product line
for 2010, which has resulted in Tranzeo's current backlog position of all
purchases orders for 2009 and 2010 to grow to US$16.2M," said Jim Tocher,
CEO of Tranzeo Wireless Technologies.

    About Tranzeo

    Tranzeo Wireless Technologies Inc. (TSX: TZT) leads the wireless
broadband industry as a premier manufacturer of high-performance wireless
network equipment that allows communities and businesses to communicate
without boundaries. Tranzeo's optimum cost effectiveness, premium quality
and responsive support have attracted a growing and devoted worldwide
following of more than 2,465 dealers and 16 distributors. Tranzeo's full
spectrum of point-to-point and point-to-multipoint radios, WiMAX
equipment, and mesh network solutions are designed for wireless internet
service providers, governments, campuses, military, carriers, enterprise
customers, and systems integrators around the globe. Headquartered in
British Columbia, Canada, Tranzeo also has offices in San Diego,
California and Shannon, Ireland. Visit http://www.tranzeo.com or phone
1.866.872.6936 for more information.

    Forward Looking Statements

    This press release may contain forward-looking statements that involve
risks and uncertainties. These forward-looking statements relate to,
among other things, plans and timing for the introduction or enhancement
of our services and products, revenues, and other expectations. These
statements reflect our current expectations and are subject to a number
of risks and uncertainties, including, but not limited to, changes in
technology and changes in the wireless data communications market.

    Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo
Wireless Technologies Inc.

Contacts:
Tranzeo Wireless Technologies Inc. - Investor Contact
Matthew Johansen
Manager Investor Relations
(604) 460-6002
mjohansen@tranzeo.com
www.tranzeo.com

Copyright 2009, Market Wire, All rights reserved.

-0-



More from Reuters

Photo

U.S.-led climate deal under threat in Copenhagen

COPENHAGEN (Reuters) - U.N. climate talks fell into crisis on Saturday after some developing nations angrily rejected a plan worked out by U.S. President Barack Obama and leaders of other major economies for fighting global warming. | Video

A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Two men shake hands in a file photo.    REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article