Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

October 01, 2007 15:36 ET

Tranzeo Wireless Named to the Deloitte Technology Fast 50

Canada's most prestigious technology award celebrates a decade of Canadian technology innovation, growth and entrepreneurial spirit

PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2007) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of high-performance wireless broadband communication systems, has been named to the prestigious Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada, based on percentage of revenue growth over five years.

Tranzeo's 1,072% increase in revenues resulted in its 22nd place ranking.

"We are honored to be named to Canada's pre-eminent technology award program," said Jim Tocher, CEO and President of Tranzeo Wireless Technologies, Inc. "As the premier manufacturer for wireless broadband communication systems, Tranzeo has been able to sustain continued growth while exceeding customer expectations, and we will continue to do so in the future."

"Transforming technological innovation into business success is hard, and it's especially difficult to sustain such rapid revenue growth over five years. Tranzeo Wireless Technologies has rapidly built a highly successful company in the Canadian technology industry and we applaud its dedication and ability to transform vision into reality," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte.

Tranzeo recently introduced its new family of 3.5GHz and 5.8GHz outdoor WiMAX subscriber units based on the 802.16d standard. The product line includes indoor and outdoor versions with a variety of antenna options for either residential or enterprise use. These units have been designed for easy installation and are based on a WiMAX Forum Certified™ design.

About Tranzeo

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.

Within its state-of-the-art automated manufacturing facility, Tranzeo designs and produces all of its equipment for quick installation, ease of use and minimal maintenance. Its three-year product warranty sets the industry standard for service. Since the company's inception in 2000, 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 19 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. Robust solutions and first-rate OEM capabilities have resulted in remarkable growth in sales and market presence. Headquartered in Greater Vancouver, Canada, Tranzeo Wireless can be found online at www.tranzeo.com or by telephone at 1.866.872.6936.

About the Deloitte Technology Fast 50

This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15 Awards (recognizing companies creating innovative and economically viable intellectual property in the field of green technology.) Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates, and CATAAlliance. For further information, visit www.fast50.ca or call 1-888-6FAST50.

Contact Information