Tranzeo Wireless Technologies Inc.

Tranzeo Wireless Technologies Inc.
Wavesat Inc.

Wavesat Inc.

April 26, 2007 09:00 ET

Tranzeo Wireless and Wavesat Team on New WiMAX CPE Solutions

PITT MEADOWS, BRITISH COLUMBIA and MONTREAL, QUEBEC--(CCNMatthews - April 26, 2007) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a leading producer of high-performance wireless broadband communication systems, and Wavesat, a leading supplier of WiMAX semiconductor solutions, announced today a collaboration to develop WiMAX-enabled customer premise equipment (CPE). These new radio devices manufactured by Tranzeo and powered by Wavesat chipsets will be used to provide wireless broadband access to homes and businesses based on the WiMAX standard, which is an economical but high performance alternative to DSL or cable.

The new Tranzeo 3.5 GHz and 5.8 GHz WiMAX CPE products will feature Wavesat's DM256 802.16 chipset and its WiMAX Mini-PCI design and are expected to be available by the end of second quarter 2007 through Tranzeo's international network of 18 distributors and 2,465 dealers.

According to global technology analysts at Maravedis, Inc., a firm specializing in WiMAX and wireless broadband market research, the WiMAX standard is expected to grow rapidly with 90 percent of all broadband wireless deployments worldwide using it by 2012. Maravedis also projects that demand for WiMAX and broadband customer premise equipment will rise to $3.7 billion USD during the same period.

"WiMAX has enormous potential as a last-mile wireless broadband access solution, and we are very pleased to be working in partnership with Wavesat who shares our commitment to costcompetitive, high-performance products," said Jim Tocher, President and CEO of Tranzeo Wireless.

"Wavesat is committed to building the largest WiMAX ecosystem of ODMs and OEMs worldwide and we are extremely happy to count Tranzeo Wireless among them," said Michel Guay, CEO of Wavesat. "Our complete portfolio of WiMAX base station and CPE solutions are based on our WiMAX Forum Certified™ technology and have undergone extensive interoperability testing. This first step with Tranzeo lays the foundation for a successful collaboration and we look forward to thriving deployments of 'Powered by Wavesat' products."

Wavesat WiMAX Portfolio

Wavesat's award-winning and WiMAX Forum Certified™ WiMAX product portfolio supports both base stations and subscriber units for licensed and license-exempt radio frequencies. Wavesat provides a full-range of standards-based integrated circuits, software, and development platforms supporting IEEE 802.16-2004 and 802.16e-2005 standards.

Featuring the industry's only WiMAX Mini-PCI card and chosen by ODMs and OEMs worldwide, Wavesat's WiMAX portfolio provides effective wireless connectivity for a wide range of network sizes and coverage from urban to rural applications.

Wavesat provides solutions for each WiMAX market segment including:

- Fixed (access points, backhaul, DSL extensions) with 802.16-2004 OFDM Evolutive™ solutions

- Nomadic & Portable (fixed system to include high-speed connectivity for laptop and portable applications) with 802.16d+ OFDM Evolutive™ products

- Full mobility with 802.16e-2005 sOFDMA UMobile™ WiBro/WiMAX product family

About Tranzeo

Tranzeo Wireless Technologies Inc. (TSX:TZT) leads the wireless broadband industry for value, by producing high-performance wireless network equipment with a low cost of ownership and unparalleled service allowing communities and businesses to communicate without boundaries.

Within its state-of-the-art 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 18 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 or by telephone at 1.866.872.6936.

About Wavesat

Wavesat is a privately held fabless semiconductor company developing WiMAX chipsets, software and reference designs, enabling OEMs and ODMs to be first to market with high performance and cost effective WiMAX compliant solutions. Featuring the first WiMAX Forum certified CPE design, Wavesat provides solutions for each WiMAX market segment from Fixed to Mobility. Please visit the company's web site at

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.

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