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Spread: 2.00 (2.941%)
Market Cap: £59.30m
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Contract win

28 Jun 2010 07:00

RNS Number : 2660O
MTI Wireless Edge Limited
28 June 2010
 



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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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