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	[phone]
Allenby Capital Nick Naylor Alex Price	[phone]

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.

 

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