10 December 2008
MTI Wireless Edge Ltd ('MTI' or the 'Company')
Directors Shareholdings
The Company has received notification today from Stewart Millman (non-executive director of the Company) that he purchased 61,539 Ordinary Shares at 13p on 10 December 2008 and has a revised notifiable interest in 100,000 Ordinary Shares in the Company, representing approximately 0.2% of the issued Ordinary Share Capital. MTI has 51,571,990 Ordinary Shares in issue.
Contacts:
MTI Wireless Edge +972 3 900 8900
Dov Feiner, CEO
Moni Borovitz, Financial Director
Noble & Company Limited +44 20 7763 2200
John Llewellyn-Lloyd
James Nelson
Threadneedle Communications +44 207 653 9850
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.