Material contract win

RNS Number : 2617X
MTI Wireless Edge Limited
18 November 2014
 



 

18 November 2014

 

MTI Wireless Edge Ltd

("MTI" or the "Company")

 

$0.5M CONTRACT WIN FOR MTI WIRELESS EDGE

MTI Wireless Edge Ltd (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems, is pleased to announce that it has secured a new contract worth over US$0.5m for a commercial BWA antenna solution.  

MTI CEO, Dov Feiner, commented: 'We are delighted with this order for our legacy antenna product line which gives us confidence in the long-term prospects of this segment. We included in this offering, to our customers, some new additional elements for the first time alongside the antenna already providing a comprehensive solution including integration.'

 

Contacts:

 

MTI Wireless Edge

Dov Feiner, CEO

Moni Borovitz, Financial Director

 

 +972 3 900 8900



Allenby Capital

Nick Naylor

Alex Price

 

 +44 203 328 5656



About MTI Wireless Edge

MTI is engaged in the development, production and marketing of High Quality, Low Cost, Flat Panel Antennas for Commercial & for Military applications. Commercial applications such as: WiMAX, Wireless Networking, RFID readers &, Broadband Wireless Access. With over 40 years experience, supplying antennas 100KHz to 90GHz including directional antennas and Omni directional for outdoor and indoor deployments including Smart Antennas for WiMAX, Wi-Fi, Public Safety, RFID and for Base Stations and Terminals  - Utility Market. Military applications includes a wide range of broadband, tactical and specialized communications antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGGGCAGUPCGMM
UK 100