Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

November 07, 2006 09:01 ET

Tranzeo Wireless is proud to announce "Al-Tawasul", United Arab Emirates as our new Authorized Tranzeo Wireless Distributor

Al-Tawasul has committed to minimum yearly volumes of $546,000 US per year

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 7, 2006) - Al-Tawasul, a Middle East based company with Headquarters in the United Arab Emirates, has been named authorized distributor of Tranzeo's (TSX:TZT) fixed wireless broadband solutions. With the demand for broadband wireless growing in different markets segments, Tranzeo is looking to take advantage of distributors with expertise in these different markets. Diversifying into a broad range of markets and having our equipment available to many different types of users is an integral part of our marketing plan going forward.

Tranzeo is breaking the barrier often referred to as the "last mile". In these areas, wireless connectivity can provide low-risk, cost-effective alternate solutions to traditional DSL, cable modems and fiber optic cable connection.

"The Middle East and Africa are incredibly exciting regions these days for wireless technology," said Brent Hickman, Tranzeo Worldwide Distribution Channel Manager. "We need a partner with expertise in these local markets who has already established sales traction so we can capitalize on the emerging wireless business for the future. Al-Tawasul will play a key role as our premium partner in that region."

"Our goal is to be the preferred solution provider in the eyes of our enterprise customers and the operators in the region," said Toufic Kreish, Regional sales director of Al-Tawasul. "We feel that the Tranzeo products will continue to better our product offerings and expand our capabilities in the eyes of our customers."

About Distributorships: A distributor of our products is typically a vendor specializing in the distribution of professional wireless data communication products. Our distributors are committed to minimum yearly volumes of $546,000 US per year in order to maintain their distributorship rights. They are required to meet our standards of excellence and have a high level of technical understanding of RF products and wireless data networks. They must also have the capability to provide training and first-tier customer support to Wireless Internet service providers. As of November 6, 2006, we have fourteen distributors: six in the United States, five in Europe, one in Brazil, one in Mexico, and one in Australia.

About Al-Tawasul: Al-Tawasul sells and supports mobile and fixed line solutions for telecom service providers all over the Middle East and countries in North and South Africa. Al-Tawasul distributes products and systems designed to meet the needs of both developing and mature markets. Established in 2000 as a UAE based company, Al-Tawasul was formed by a team of professionals that have served in multinational companies and have extensive experience with service providers in terms of sales, post sales and pre-sales. Their products and services enable telecommunications carriers to reduce capital and operating expenses and to grow by introducing new services quickly. Al-Tawasul has partnered with suppliers that deliver carrier-class solutions that enable leveraging of existing infrastructure without the need for total replacement, and facilitate consolidation of existing networks to reduce costs. In addition to all these benefits, Al-Tawasul's products provide significant size, power and operational cost savings over competing products. In addition to supplying products, Al Tawasul has a professional team of engineers through which it delivers Consultancy services, Professional Services, Training specific to our products and Technical Support. Al-Tawasul's mission is to be a pioneer in the Telecommunication field and to be viewed as the preferred solution provider in the eyes of the enterprise customers and the operators in the region. For more information please visit www.altawasulme.com.

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.

Contact Information

  • Tranzeo Wireless Technologies Inc.
    Matt Johansen
    Investor Relations
    (604) 460-6002
    Email: mjohansen@tranzeo.com