MONTREAL, Aug. 25 /CNW Telbec/ - Mitec Telecom Inc. ("Mitec") (TSX:
MTM), a leading designer and manufacturer of mobile wireless, fixed
wireless, broadcast and satellite components, announced today it has
received an order for its high power, tower mounted boosters ("TMB").
TMBs, which are part of Mitec's Coverage Solution product line and are
available in both multi and single carrier format, are used both in new
and ongoing network rollouts.
Coverage Solutions are a core product line for Mitec as it continues to
offer its growing customer base products that support mobile handheld
devices such as iPhones and Blackberries in addition to cellular
handsets, in both rural and urban areas. TMBs, offering simplified
configuration and convenient installation options to the telecom
customer as well as a variety of power, monitoring and control options,
boost the radio signal in both directions, increasing the coverage area
of sites and reducing the number of required cell sites.
TMB technology compensates for traditional challenges relating to
combining and cable losses between the base station and antenna and can
be used in areas where typical deployment of additional sites is not
viable, such as less travelled highways and coastlines and rural areas
where the population is widespread, as a low cost and effective
alternative, since installing new base stations to resolve these issues
may not be economically or technically possible.
"Mitec has been successfully demonstrating the effectiveness of this
type of technology for various applications and continues to gain
traction in some of the fastest expanding markets worldwide, which we
expect will generate volume opportunities in this category", said Daniel
Piergentili, Mitec's President and CEO.
About Mitec Telecom Inc.
Mitec is a leading designer and
provider of radio frequency (RF) products for the telecommunications and
satellite communications industries, as well as a variety of other
sectors. Mitec sells its products worldwide to network providers for
incorporation into high-performing wireless networks used in voice and
data/internet communications. Headquartered in Montreal, Canada, Mitec
also operates facilities in California and China. Mitec is listed on the
Toronto Stock Exchange under the symbol MTM. On-line information about
Mitec is available at href="http://www.mitectelecom.com/">www.mitectelecom.com.
Due to confidentiality provisions, Mitec is generally not able to
disclose the names of its major customers or the financial data related
to sales transactions. Certain statements in this release,
including statements regarding future results and performance, are
forward-looking statements based on current expectations. The accuracy
of such statements is subject to a number of risks, uncertainties and
assumptions that may cause actual results to differ materially from
those projected, including, but not limited to, the effect of general
economic conditions, decreases in demand for Mitec's products,
fluctuations in selling prices and adverse changes in general market and
industry conditions and other factors listed in Mitec's public filings
with the appropriate securities regulatory authorities.
SOURCE Mitec Telecom Inc.
For further information: For further information:
|Source: ||Mitec Telecom Inc.|
|Mr. Jeffrey Mandel |
Executive Chairman and Director, Investor and Corporate Relations
Tel.: (514) 694-9000