Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

May 01, 2008 09:01 ET

Global Telecommunications Industry Executive Appointed to Tranzeo Board

Former Ericsson Senior Vice President joins Tranzeo Wireless Technologies as Director

PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - May 1, 2008) - Wireless Technologies Inc. (TSX:TZT), a leading producer of high-performance wireless broadband and WiMAX communication systems, announces the appointment of Martin Harriman to the board of directors.

Mr. Harriman is the founding director of a London-based company dedicated to using leading-edge, emerging communication technologies to deliver wireless broadband internet service around the globe. Initial networks have already been launched in Russia, Pakistan, and Bangladesh.

Previously, Mr. Harriman was the senior vice president of sales, marketing, strategy and business development at Ericsson, based in Stockholm, Sweden. During the period Mr. Harriman held this position, Ericcson developed more than $3.5 billion in new business, led the formation of the company's new multimedia business and drove $5 billion in acquisitions, including Tandberg Television, Redback Networks, and LHS Group. Mr. Harriman also served on the board of directors for Sony Ericsson, the joint venture of Sony and Ericsson.

"We are pleased to welcome Martin to the Tranzeo Board of Directors. His extensive experience with Marconi leading the Asia Pacific and Middle East divisions and his experience marketing to carriers will be tremendous assets," commented Tranzeo President and CEO Jim Tocher.

As the president of Asia Pacific and Marconi Middle East, he was responsible for the complete restructuring of the company which led to the sale of the business to Ericsson. Previously Mr. Harriman was the chief marketing officer for Marconi Corporation where he led global marketing efforts.

Mr. Harriman has degrees in psychology, history and business administration. He is a trustee of the Outward Bound Charity.

Also announced today is the resignation of Mr. Doug Howes from the board of directors. Mr. Howes was originally appointed to the board in June 2007 to fill the vacancy created by a deceased board member until an independent board member could be found. Mr. Harriman now replaces Mr. Howes on the board. Mr. Howes will continue with the company in his role as chief financial officer.

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. 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 20 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 www.tranzeo.com or phone 1.866.872.6936 for more information.

Forward Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, revenues, and other expectations. These statements reflect our current expectations and are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market.

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

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