SOURCE: TransAKT Ltd.

August 07, 2008 11:00 ET

TransAKT Ltd. Announces Agreement With CeraMicro Inc.

CALGARY, AB--(Marketwire - August 7, 2008) - TransAKT Ltd. (OTCBB: TAKDF) (the "Company" or "TransAKT"), a global manufacturer and distributor of telecommunications hardware for commercial and residential users, is pleased to announce that it has reached an agreement with CeraMicro Inc., a Taiwanese company, for the development of its "ZigBee" module. CeraMicro will exclusively provide a ZigBee module for the home automation industry to TransAKT to be marketed under TransAKT's own brand name.

This ZigBee module is scheduled to launch in September 2008 and will be ready for mass production the 2nd quarter of 2009.

ZigBee is the IEEE wireless standard 802.15.04. This wireless standard can be used in many different applications like AMR (automatic meter reader) for electricity and water, security, lighting control, access control, agriculture control, etc. Many companies like Honeywell, Texas Instruments, and Atmel are interested in this new standard and have already introduced products into the market.

TransAKT will release more news about the process of the module in the future and welcome any interested party to contact the Company for possible future cooperation.

About TransAKT:

TransAKT Ltd. is a global manufacturer and distributor of telecommunications based in Calgary, Alberta with main operations in Taipei, Taiwan. Through its wholly-owned subsidiary Taiwan Halee International (HTT), TransAKT is one of the largest distributors of telecommunications equipment for the Small Office-Home Office market, with more than 650 distribution outlets in Taiwan. TransAKT also designs, manufactures and sells its own products that combine the latest technologies in voice communications, voice over IP, GSM and Wi-Fi technologies. The Company has exclusive distribution agreements for Taiwan with the world's leading brands in telecommunications Panasonic, Sanyo, Siemens and Vito. For more information, visit http://www.transaktltd.com. To access the Company's latest filings, including Form 20F, visit http://www.sec.gov or http://www.sedar.com.

This press release contains certain forward-looking statements and these forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including but not limited to, our limited operating history and history of losses, and our inability to compete effectively in the marketplace, and such other risks as identified in documents filed with the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact Information

  • CONTACT:
    James Wu
    President
    (403) 290-1744

    Christian Nielsen
    (403) 290-1744
    Email Contact