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Tranzeo Wins $4-million Purchase Order for 3.5GHz WiMAX Subscriber Units
Tranzeo Wins $4-million Purchase Order for 3.5GHz WiMAX Subscriber Units
Tranzeo WiMAX equipment targets growing base station market globally and produces $8.2 million in orders since Fall 2007 launch
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 27, 2008 --
PITT MEADOWS, B.C. January 25, 2008 – Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of high-performance wireless broadband and WiMAX systems, has received a purchase order for $4 million USD in Tranzeo WiMAX Subscriber Units.
With a $4.2-million purchase order that the company received in Q4 2007, Tranzeo’s WiMAX equipment has now generated $8.2 million in orders since the company introduced the product line in Q3 2007.
“The market for fixed WiMAX network equipment is taking off, and Tranzeo is working with leading WiMAX base station equipment vendors. By providing them with a highly integrated, cost competitive solution, Tranzeo is filling this growing market need and accelerating our return on the WiMAX investment,” explains Tranzeo President and CEO Jim Tocher.
“The world’s leading WiMAX operators are focusing on bringing outdoor WiMAX connectivity indoors--into homes and businesses,” explains Monica Paolini, president of Senza Fili Consulting. “That creates the need for fixed WiMAX equipment that reliably and cost-effectively delivers broadband internet connectivity to subscribers directly where they are, in their homes or in their offices.”
Tranzeo will begin shipping its 3.5GHz WiMAX subscriber units to the purchaser towards the end of the first quarter of 2008.
All of the WiMAX units produced to fulfill the purchase order will be manufactured at Tranzeo’s headquarters in Greater Vancouver, B.C. with worldwide distribution facilitated through Tranzeo’s U.S. office in San Diego, Calif. and European office in Shannon, Ireland.
Headquartered in Greater Vancouver, Canada, Tranzeo Wireless can be found online at www.tranzeo.com or by telephone at 1.866.872.6936.
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.

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