Tranzeo Announces $4.2 Million Purchase Order for Its New WiMAX Subscriber Units
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Tranzeo Wireless Technologies Inc.
November 15, 2007
PittT Meadows, BC -- Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of high-performance wireless broadband and WiMAX systems, has received a purchase order totaling $4.2 million USD for its new WiMAX subscriber units.
Tranzeo will begin shipping the 3.5GHz and 5.8GHz WiMAX subscriber units to the purchaser's worldwide operations in the first quarter of 2008.
"This purchase agreement validates our WiMAX product strategy," explains Tranzeo President and CEO Jim Tocher. "We made a significant investment in WiMAX product development in 2007, and we are pleased to see such a strong indication that our efforts will pay off in 2008 and beyond."
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.
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.
Within its state-of-the-art automated manufacturing facility, Tranzeo designs and produces all of its equipment for quick installation, ease of use and minimal maintenance. Its three-year product warranty sets the industry standard for service. Since the company's inception in 2000, 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 19 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. Robust solutions and first-rate OEM capabilities have resulted in remarkable growth in sales and market presence. Headquartered in Greater Vancouver, Canada, Tranzeo Wireless can be found online at www.tranzeo.com or by telephone at 1.866.872.6936.
