Holding in Parent Company

MTI Wireless Edge Limited 26 November 2007 MTI Wireless Edge Limited (the 'Company') Holding in Parent Company Further to the Company's announcement on 3rd September 2007 regarding the share purchase agreement entered into between Mokirei Aya Ltd. ('Mokirei Aya') and Inspire Investment Ltd. ('Inspire') for the purchase of Mokiei Aya's holdings in MTI Computers and Software Services (1982) Ltd. ('MTI Computers'), the principal shareholder of the Company, the Company hereby announces that it has been informed by MTI Computers that Inspire has decided not to complete the share purchase transaction. Contacts: MTI Wireless Edge +972 3 900 8900 Dov Feiner, CEO Moni Borovitz, Financial Director Blue Oar Securities Plc +44 20 7448 4400 Matthew Marchant Shane Gallwey Daniel Stewart & Company +44 20 7776 6550 Lindsay Mair Threadneedle Communications +44 207 936 9605 Graham Herring Josh Royston About MTI Wireless Edge MTI designs and manufactures flat panel antennas, largely supplied to international OEMs of fixed broadband wireless access systems. With over 30 years of technical 'know-how', flexible high volume manufacturing capabilities and low failure rates, MTI's antennas now comprise approximately 25% of the global fixed broadband wireless antenna market. In addition, the Company has successfully developed products for new commercial applications as wireless systems become increasingly prevalent in new markets. This information is provided by RNS The company news service from the London Stock Exchange
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