Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

November 15, 2011 16:00 ET

Tranzeo Appoints Interim Chief Financial Officer

PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Nov. 15, 2011) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a leading producer of high-speed wireless broadband communication systems announces that Mr. Patrick Smith, Chairman of the Board, has been appointed as interim Chief Financial Officer of the Company. Mr. Smith's appointment follows the resignation of Mr. Douglas Howes as Chief Financial Officer. Mr. Howes will continue to work with the Company as a consultant on a transition basis while the Company initiates a search for a new permanent Chief Financial Officer. Mr. Howes has acted as Chief Financial Officer of the Company since its listing on the Toronto Stock Exchange and the Company thanks him for his years of service.

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About Tranzeo Wireless Technologies Inc.:

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 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, San Jose, California, and Indonesia. Visit http://www.tranzeo.com or phone 1.866.872.6936 for more information.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. We use words such as "anticipate", "plan", "expect", "believe", "intend" and similar expressions to identify forward-looking statements that relate to our business, management, operating results and financial condition. These statements are not historical facts, but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" in our Annual Information Form and Management's Discussion and Analysis which may be found on SEDAR at www.sedar.com

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