Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

November 20, 2006 09:00 ET

Tranzeo Wireless is Proud to Announce Michelangelo Technology Ltd., South Africa as Our New Authorized Tranzeo Wireless Distributor

Michelangelo has committed to minimum volumes of $546,000 US per year

PITT MEADOWS, BRITISH COLUMBIA--(CCNMatthews - Nov. 20, 2006) - Tranzeo Wireless Technologies Inc. (TSX:TZT)

Michelangelo Technology (Mauritius) with an operation in South Africa and expanding into Botswana and Uganda in 2007, has been named authorized distributor of Tranzeo's fixed wireless broadband solutions. With the demand for broadband wireless growing in different markets segments, Tranzeo is looking to form strategic alliances with distributors that have 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.

"Africa is a hot bed of opportunity for deploying wireless technology at this point in time," said Tony Kot, Vice-President of Sales & Marketing. "The main reason for this is they have very little copper infrastructure currently in place for communications so the fastest and most affordable way to create vital communication infrastructure is through wireless technologies. Michelangelo brings to the table vast knowledge and expertise in the African wireless market place which will make them a strong addition to the Tranzeo team."

"Tranzeo has brought cost effective wireless communication systems to the marketplace incorporating the Quality of Service features required for data, voice and video. During our recent visit to the factory outside Vancouver I was impressed by the facility and the professional approach by the Tranzeo team," said Andre Nel, CEO of Michelangelo Technology. "We are pleased to bring state-of-the-art wireless solutions to our African customers supported by the industry leading 2-year warranty from Tranzeo."

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, 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 17, 2006, we have fifteen distributors, six in the United States, five in Europe, one in Brazil, one in Mexico, one in United Arab Emirates and one in Australia.

About Michelangelo Technology: Michelangelo Technology with Headquarters in Mauritius is the broadband value-added Solution and Service provider of choice for the African and Middle East markets. As an organization Michelangelo Technology is ideally positioned to provide cost effective telecommunications solutions to our clients. In South Africa, Michelangelo has been awarded a VANs license from the regulator, which allows for providing Internet, VoIP and Data services through a network of agents that are being appointed throughout the country. Michelangelo will be expanding into Botswana and Uganda in 2007 and other key markets in 2008 to be announced. For more information please visit www.michelangelotech.com.

About Tranzeo: Tranzeo Wireless Technologies Inc. (TSX:TZT) has emerged as an industry leader in designing, manufacturing and distributing high-speed wireless broadband communication systems globally. Our continued commitment to design excellence and years of experience provide our clients with industry-specific wireless Point-to-Point and Point to Multi-Point solutions.

We offer the most technically advanced wireless Broadband communication equipment available in the 900MHz, 2.4GHz, 3.5GHz, 4.9GHz, and 5.8GHz Wireless spectrums and employ direct sequence spread spectrum (DSSS) and Orthogonal Frequency Division Multiplexing (OFDM) technology for robust connectivity and long-range performance. Simplicity of use, ease of implementation and cost-effectiveness are the benefits of our solutions. Installation is quick and easy. Network Managers can easily connect office buildings, campuses and remote sites. The Wireless network is operational in a fraction of the time it takes to cable and install traditional wired networks and can be remotely monitored and configured from anywhere in the world. For more information on our wireless solutions, go to www.tranzeo.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.


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