Mitec to extend expiry date of warrants expiring October 3, 2008

    MONTREAL, Sept. 19 /CNW Telbec/ - (TSX: MTM) Mitec Telecom Inc. ("Mitec
Telecom" or the "Corporation") announces today that it has extended the term
of 4,650,000 common share purchase warrants (the "Warrants") that were issued
as part of a private placement which closed on October 18, 2006. Each Warrant
is exercisable for one common share in the capital of the Corporation, at an
exercise price of $0.10, until October 3, 2008. Given the current turbulent
state of the capital markets, Mitec Telecom has extended the expiry date a
further 6 months namely, until April 3, 2009 (the "Extension"). Warrants held
by insiders are not entitled to the Extension and will expire on October 3,
2008. The effective date of the Extension will be the tenth business day
following the date of this press release.

    About Mitec Telecom

    Mitec Telecom 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. The Corporation 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, the Corporation also operates facilities in California and
China. Mitec Telecom Inc. is listed on the Toronto Stock Exchange under the
symbol MTM. On-line information about Mitec Telecom is available at
    %SEDAR: 00002350EF

For further information:

For further information: Mr. Jeffrey Mandel, Director, Investor and
Corporate Relations, (514) 694-9000,; Source:
Mitec Telecom Inc.

Organization Profile

Mitec Telecom Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890