Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

April 08, 2010 09:00 ET

Aperto and Tranzeo Receive US$4.5M in Purchase Orders

Tranzeo and Aperto Merger Yielding Immediate Results - Combined Backlog Now US$45.5M

PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - April 8, 2010) - BC-based Tranzeo Wireless Technologies Inc. (TSX:TZT) a premier manufacturer of wireless broadband and WiMAX communication systems in partnership with Aperto Networks, Inc. has received multiple purchase orders totalling US$4.5M for WiMAX equipment. The orders support deployments in India, Europe and the United States. Initial shipments are expected to begin immediately and continue throughout 2010.

These new purchase orders increases Aperto's backlog to US$12.8M. When added with Tranzeo's current backlog of US$32.7M, if integrated, the two companies would have a combined backlog valued at US$45.5M

Tranzeo and Aperto announced the signing of a definitive merger agreement on March 31, 2010. The merger is expected to be complete in mid-April at which time Aperto will become a wholly-owned subsidiary of Tranzeo.

Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo Wireless Technologies Inc.

About Tranzeo Wireless Technologies Inc:

Tranzeo Wireless Technologies Inc. (TSX:TZT) leads the wireless broadband industry as a premier manufacturer of high-performance wireless network equipment that allows communities and businesses to communicate without boundaries. Tranzeo's optimum cost effectiveness, premium quality and responsive support have attracted a growing and devoted worldwide following of more than 2,465 dealers and 16 distributors. Tranzeo's full spectrum of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe. Headquartered in British Columbia, Canada, Tranzeo also has offices in San Diego, California and Shannon, Ireland. Visit http://www.tranzeo.com or phone 1.866.872.6936 for more information.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. We use words such as "anticipate", "plan", "expect", "believe", "intend" and similar expressions to identify forward-looking statements that relate to our business, management, operating results and financial condition and the planned acquisition of Aperto. These statements are not historical facts, but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" in our Annual Information Form and Management's Discussion and Analysis which may be found on SEDAR at www.sedar.com.

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