PITT MEADOWS, BRITISH COLUMBIA and JAKARTA, INDONESIA -- 11/03/09 --
A correction from source has been issued in regards to the release disseminated at 9:28 AM ET on November 3, 2009. The sub-headline incorrectly listed live deployments as beginning in Q1 2009. The correct date is Q1 2010. The corrected release follows:
Tranzeo Wireless Technologies Inc. (TSX: TZT), a premier manufacturer of wireless broadband and WiMAX communication systems has received the first volume production order targeted for Indonesian operators worth US$5.4M to Tranzeo.
PT. Teknologi Riset Global (TRG) in partnership with Tranzeo has developed a family of WiMAX solutions operating at 2.3GHz and 3.3GHz in support of the recently available spectrum in Indonesia. Several operators are in various stages of evaluating and deploying the TRG solution with full scale deployments expected to begin in Q1 2010. In support of the government's requirement to develop local telecommunications capability, the jointly developed products will be produced in Jakarta, Bandung and Batam, Indonesia.
The addition of the Indonesian purchase order increases Tranzeo's current backlog of all purchase orders for 2009 and 2010 to US$12.8M.
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.
About TRG
PT. Teknologi Riset Global (TRG) is a leading telecommunication infrastructure provider in Indonesia. Supported by world-class, fully-dedicated engineers, TRG has developed Broadband Wireless Access (BWA) equipment. In mutual cooperation with world-leading Electronic Manufacturer Services, TRG produces reliable and competitive products. Visit http://www.trg.co.id 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.
Matthew Johansen
Manager Investor Relations
(604) 460-6002
mjohansen@tranzeo.com
www.tranzeo.com
