Share Buy Back

MTI Wireless Edge Limited 07 March 2008 MTI WIRELESS EDGE LTD SHARE BUYBACK Further to the US$1.5 million share buyback program announced with the full year results on the 3 March 2008, MTI Wireless Edge Ltd ('MTI' or 'the Company') now announces that on 6 March 2008, it purchased for cancellation 883,008 ordinary shares at 27 pence per share. Following the above transaction MTI has 52,896,990 ordinary shares in issue. Contacts: MTI Wireless Edge +972 3 900 8900 Dov Feiner, CEO Moni Borovitz, Financial Director Blue Oar Securities - Nominated Adviser & Joint Broker +44 20 7448 4400 Shane Gallwey Matthew Marchant Daniel Stewart & Co - Joint Broker +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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