NuRAN Wireless Inc.
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NuRAN Wireless Inc.

June 19, 2017 08:30 ET

NuRAN Selected by NASA to Supply SDR and Corporate Update

QUEBEC, QUEBEC CITY--(Marketwired - June 19, 2017) - NuRAN Wireless Inc. ("NuRAN Wireless" or the "Company") (CSE:NUR)(CSE:NUR.CN)(CNSX:NUR)(OTC PINK:NRRWF) is proud to announce it has been selected to supply a newly developed software-defined radio ("SDR") to NASA's Glenn Research Center. This new SDR is designed specifically for research on multi-element arrays and overcomes one of the major technological barriers with SDR so far by supporting a very high number of antennas while maintaining phase coherency between them; a real breakthrough. As a result of the company's commitment to innovation, NuRAN Wireless is proudly joining General Dynamics, Jet Propulsion Laboratory, and Harris Corporation as a supplier of software defined radios to NASA.

NASA Glenn Research Center is one of ten major NASA field centers. Recently, the Center has been working with software-defined radio (SDR) developing technology for use in aeronautics and space. One of NASA's notable endeavors is the SCAN Testbed, a SDR-based reconfigurable on-orbit Communications, Navigation, and Networking system. At the core of the SCAN Testbed are software-defined radios (SDRs).

"Being selected by NASA is further validation of the quality of talent and work that we have developed at NuRAN Wireless and Nutaq Innovations, our wholly owned engineering subsidiary. We continue to push the envelope by partnering with top tier companies around the world while maintaining our core focus on democratising access to mobile connectivity for the unconnected," states Martin Bedard, Co-CEO at NuRAN Wireless Inc.

Software-Defined Radio is used to describe a radio transmitting/receiving hardware that is reconfigurable. Software-defined radio have significant utility for military and mobile (cell phone) applications, both of which must serve a wide variety of evolving radio protocols in real time.

Corporate Update

NuRAN is also pleased to provide a Corporate Update. 2017 has been a very busy year so far for the Company as it continues to increase its sales backlog while working on the leading edge of the next phase of its development including a collaboration on a 4G LTE BaseStation with partners such as Cavium, Facebook, Keysight and a 5G BaseStation with Viettel. Its current backlog is now over $7M with many more contracts expected to be announced over the next several months. Also important, NuRAN's backlog now includes deployments for a number of Tier One Operators.

Highlights YTD From 2017

  • Feb 10: Nutaq Receives over $1M in New Engineering Contracts
  • Feb 21: NuRAN receives an over $1M order of its LiteCell 1.5 to be deployed for a Tier One Operator, by Africa Mobile Network ("AMN"), in Africa.
  • Feb 28: NuRAN Showcases OpenCellular Prototype at Mobile World Congress
  • Feb 28: NuRAN is retained by Facebook as a Development Partner For the Upcoming 4G LTE Version of the BaseStation
  • March 20: NuRAN Launches Facebook's Community Cellular Manager (CCM) Software for its LiteCell Base Station
  • March 23: NuRAN Wireless Selected by Globe Telecom for Rural Mobile Deployment in the Philippines
  • April 3: NuRAN Wireless Receives a $1.254M Order for Nigeria, Africa
  • April 20: NuRAN Wireless Announces Joint Collaboration for a 5G Base Station with Viettel; a company with over 90M users and one of the largest telecom companies in the world
  • May 16: NuRAN Wireless Selected for Rural Connectivity Project in Mexico; a collaboration with the Government
  • May 25: NuRAN Wireless Receives a $4M Order for Deployment in Africa for a Tier-One Operator

About NuRAN Wireless

NuRAN Wireless, with its wholly owned subsidiary Nutaq Innovation, is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.

The Company provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.

No regulatory authority has approved or disapproved the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of NuRAN Wireless to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include: the intention to expand the business and operations of NuRAN Wireless and its product line. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: the ability of NuRAN Wireless to obtain necessary financing; general economic conditions in Canada and globally; competition for, among other things, capital and skilled personnel; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Corporation's competition; and the Corporation's failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Corporation's reports filed on SEDAR (www.sedar.com), including its financial statements for the year ended October 31, 2015, and those referred to under the heading "Risk Factors". These forward-looking statements should not be relied upon as representing NuRAN Wireless' views as of any date subsequent to the date of this press release.

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