1.5 million order
Aperto and Tranzeo Receive US$1.5M Purchase Order From Operator In India (ccnm)
PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - April 22, 2010) - Aperto Networks, a wholly owned subsidiary of BC-based Tranzeo Wireless Technologies Inc. (TSX:TZT), has received a purchase order valued at US$1.5M by an Indian operator. The order for WiMAX equipment will be used to continue the rapid expansion of the operator's existing broadband services to enterprise customers. Initial shipments are expected to begin immediately and continue throughout 2010.
"This is further validation of Tranzeo's acquisition of Aperto Networks," said James Tocher, President and CEO of Tranzeo. "We expect to see further acceptance of our combined product offering as a result of Aperto's strong sales and customer support team based in India."
Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo Wireless Technologies Inc.
About Tranzeo Wireless Technologies Inc:
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, San Jose, California, and Shannon, Ireland. Visit https://www.tranzeo.com or phone 1.866.872.6936 for more information.
Aperto Networks operates as a wholly owned subsidiary of Tranzeo. Aperto is a leading supplier of wireless broadband, mobile WiMAX and Enterprise VPN solutions using highly versatile and cost-effective carrier-grade WiMAX Forum Certified infrastructure equipment.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. We use words such as "anticipate", "plan", "expect", "believe", "intend" and similar expressions to identify forward-looking statements that relate to our business, management, operating results and financial condition and the planned acquisition of Aperto. These statements are not historical facts, but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" in our Annual Information Form and Management's Discussion and Analysis which may be found on SEDAR at www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tranzeo Wireless Technologies Inc.Matthew JohansenManager Investor Relations(604) 460-6002mjohansen@tranzeo.comwww.tranzeo.com