Unity Wireless Receives $1,000,000 Purchase Order From Nokia India
DELHI, INDIA & BELLINGHAM, WA--Mar 21, 2007 -- Unity Wireless Corporation (OTCBB: UTYW), together with their regional
partner Frog Cellsat Pvt. Ltd., today announced that it has received a $1,000,000 purchase order from Nokia India for products in Unity’s
Coverage Enhancement Solutions line.
This new order follows shortly on the November 30th release -- "Nokia India Selects Unity Wireless" -- and broadens the wireless
giant’s adoption of Unity’s products to a second line.
"India’s current wireless subscriber base is approximately 146.54 million, with subscription growth for 2007 expected to be around
75 per cent," commented Ilan Kenig, CEO of Unity Wireless. Mr. Kenig commented further, "We are extremely pleased to be participating
in this explosive growth market with such a company as Nokia India, who is now a customer for several of our product lines."
Konark Trivedi, CEO of Frog Cellsat Pvt. Ltd., said, "The ability of Unity and Frog Cellsat to provide robust products, with superior
local integration services and technical support, will position our group as a strong player in this region."
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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