Last checked at 28 Jun 2010 07:00
28 June 2010
MTI Wireless Edge Ltd
("MTI")
Contact Win
MTI, a market leader in the manufacture of flat panel antennas for fixed wireless broadband, is very pleased to announce that it has received a US$0.7m order from an existing client for fixed broadband wireless antennas.
Deliveries of the order will be over an 18 month period maintaining the Company's order book going forward.
Dov Feiner, Chief Executive Officer, of MTI commented: "We are delighted to receive this continued endorsement from an existing client which is testament to the quality of our products. This order further validates our market leadership for fixed broadband wireless antennas and supports MTI's current sales expectations for 2010 and 2011."
-ends-
For further information please contact:
| MTI Wireless Edge Dov Feiner, CEO Moni Borovitz, Financial Director
| http://www.mtiwe.com/ +972 3 900 8900 |
| Allenby Capital Limited Nick Naylor Alex Price
| +44 20 3328 5656
|
| Threadneedle Communications Graham Herring Josh Royston | +44 207 653 9850 |
About MTI Wireless Edge
MTI develops, produces and markets high quality, low cost flat panel antennas for both commercial and military applications. Commercial applications include WiMAX, wireless networking, RFID readers, and broadband wireless access and MTI has over 40 years experience in supplying 100KHz to 90GHz antennas, including both directional antennas, omni-directional antennas, smart antennas for WiMAX, Wi-Fi, public safety, RFID, base stations and terminals for the utility market, for indoor and outdoor use. Military applications include a wide range of broadband, tactical and specialised communications antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval (including submarine) platforms worldwide.