Unity Wireless Receives Additional $600,000 Order from India’s Largest Mobile Service Brand
Brings New ‘07 POs from This Tier-One Operator to Over $1.5 Million
DELHI, INDIA & BELLINGHAM, WA--Apr 17, 2007 -- Unity Wireless Corporation (OTCBB: UTYW), together with their regional partner Frog Cellsat Pvt. Ltd., today announced that it has received yet another purchase order for over $600,000 from one of India’s largest Wireless operators. This latest order for Unity’s Coverage Enhancement product line brings the total from this tier-one operator for delivery in the first half of 2007 to over $1.5 million.
The wireless phone subscriber base in India has already crossed the 100 million mark and is expected to more than double to 265.2 million subscribers by 20101.
"The Indian market is one of the fastest growing wireless markets in the world. Providing coverage enhancement equipment to the largest local operators in India continues to deliver strong returns for our company," said Michael Manor, EVP Sales – Coverage Enhancement Solutions, for Unity Wireless.
About Unity Wireless
Unity Wireless is a developer of key network components for wireless carriers
and OEM sub-components for network infrastructure manufacturers. For more
information about Unity Wireless, visit www.unitywireless.com.
Forward Looking Statements
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
The words "believe," "expect," "feel," "plan,"
"anticipate," "project," "could," "should" and other similar
expressions generally identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of their dates. These forward-looking statements are
subject to a number of risks and uncertainties, including without limitation,
inability to consummate the acquisitions, difficulty in integrating any
of the proposed or future acquisitions, inability to raise the funds necessary
for the continued operations of the Company and its acquisitions, changes
in external market factors including the economy, and other risks and
uncertainties indicated in the Company's most recent SEC filing on form
SB-2. Actual results could differ materially from the results referred
to in the forward-looking statements.
Investor Contact:
David Orton, Unity Wireless, (604) 267-2715, davido@unitywireless.com
Mike Mulshine, Osprey Partners, (732) 292-0982, osprey57@optonline.net
Noam Yellin, Middle East Investor Relations, +972 (3) 695-4333, nyellin@bezeqint.net
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