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Unity Wireless Receives Forecast Increase to $1.2 Million & First Production Orders from Fortune 500 Wireless Manufacturer BELLINGHAM, WA--Apr 26, 2007 -- Unity Wireless Corporation (OTCBB: UTYW) today announced that it has received the first production purchase order of a $1,200,000 forecasted series of orders from one of the largest US tier-one wireless manufacturers. This order, for one of Unity’s existing production high power amplifiers (HPA), is scheduled to be delivered in several shipments over the next eleven months. In its November 14, 2006 release, "Another North American Tier-One Equipment Manufacturer Chooses Unity Wireless", the company announced that it had completed development on a new HPA and had been selected to provide an initial 90 units for field trials. At that time, 2007 production volumes were estimated to be $700,000 - $1,000,000. Today’s announcement is the result of: the success of these initial field units, the placement of the first production order for the new HPA, and the increased forecast by a leading US wireless manufacturer to a total of $1,200,000 over the next 11 months. Rick Byrd, Vice President, Sales – OEM, of Unity Wireless Corp., commented, "We continue to gain traction with the major North American wireless equipment manufacturers, as our longer term project work now evolves into successful, recurring OEM (original equipment manufacturer) production orders. This is an exciting time for the company as we take the next major step in our growth." About Unity Wireless Forward Looking Statements Investor Contact: |
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