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NuRAN Wireless Receives a $4M Order for Deployment in Africa for a Tier-One Operator

C.NUR

(TheNewswire)



Quebec, QC, Canada / TheNewswire / May 25 th , 2017 - NuRAN Wireless Inc. (‘NuRAN Wireless” or the “Company”) (CSE:NUR) (OTC:NRRWF) is pleased to announce it has received a purchase order of approximately $4 Million CAD for deploying hundreds of its rural basestations, namely LiteCell 1.5, for a Tier-One Operator in Africa.

NuRAN received a purchase order for a Tier-One Operator for hundreds of units of LiteCell 1.5 and the LiteRAN 2G, a complete carrier-grade rural GSM solution that has the lowest total cost of ownership and the lowest power consumption in the industry. In addition, the LiteRAN 2G also has the most efficient satellite optimizer which reduces the bandwidth requirement by a factor of 10, thus offering a viable and profitable solution to connect rural and remote areas.

 “NuRAN is currently making a lot of progress and is getting much recognition in the broad African telecom sector. This deployment is currently the biggest purchase order in NuRAN’s history. Africa presents an extensive growth opportunity for NuRAN and we’re confident that our disruptive technology combined with our leading position in the market will lead us to even greater achievements”, explained Martin Bedard, Co-CEO of NuRAN Wireless.

This project has the potential to evolve into a total deployment of more than 1000 units in Africa over the next 5 years.

 

About NuRAN Wireless

                                               

NuRAN Wireless, with its wholly owned subsidiary Nutaq Innovation, is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.

The Company provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.

                                               

For further Information about NuRAN Wireless or Nutaq Innovations:

www.nuranwireless.com or www.nutaq.com

                                               

Martin Bédard and Patrice Rainville Co-Presidents and Co-CEOs       

Tel: (418) 914-7484                 Fax: (418) 914-9477

Toll Free: 1-855-914-7484         Email: info@nuranwireless.com ; info@nutaq.com

     

Direct Financial Strategies and Communication

Frank Candido

514-969-5530  

directmtl@gmail.com


No regulatory authority has approved or disapproved the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

         

Forward Looking Statements

This press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of NuRAN Wireless to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include: the intention to expand the business and operations of NuRAN Wireless and its product line. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: the ability of NuRAN Wireless to obtain necessary financing; general economic conditions in Canada and globally; competition for, among other things, capital and skilled personnel; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Corporation’s competition; and the Corporation’s failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Corporation’s reports filed on SEDAR (www.sedar.com), including its financial statements for the year ended October 31, 2015, and those referred to under the heading “Risk Factors”.  These forward-looking statements should not be relied upon as representing NuRAN Wireless’ views as of any date subsequent to the date of this press release.       

  

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