SR Telecom & Co.

SR Telecom & Co.

April 24, 2008 11:02 ET

SR Telecom Anounces Name Change

MONTREAL, QUEBEC--(Marketwire - April 24, 2008) - SR Telecom Inc. (TSX:SRX) today announced that it has changed its name to SRX Post Holdings Inc. The Company's common shares are expected to trade on the Toronto Stock Exchange under this new name in the coming days.

As announced on April 4, 2008, the Company sold the majority of its assets, including its brand, trademarks, intellectual property, patents, inventories and equipment relating to its symmetryONE and WiMAX Forum-certified symmetryMX product lines to Sherbrooke (Quebec) based Groupe Lagasse, which has operated the business since April 4, 2008 under the name SR Telecom & Co. S.E.C., a Groupe Lagasse wholly owned subsidiary.

The Company has been operating under the protection of the Companies' Creditors Arrangement Act (CCAA) since November 19, 2007. On February 29, the protection was extended to May 2, 2008.

Contact Information

  • Marc Girard
    Senior vice-president and CFO
    514-335-2429, Ext. 4690