SOURCE: Unity Wireless Corporation

May 03, 2007 06:30 ET

Unity Wireless Completes Delivery of Second Order to Vietnam's Largest Wireless Carrier -- MobiFone

HANOI, VIETNAM and BELLINGHAM, WA -- (MARKET WIRE) -- May 3, 2007 -- Unity Wireless Corporation (OTCBB: UTYW) and its regional integration partner, Indo-China Technologies (IC), today announced that delivery of the second order for the company's 20 watt frequency shifting repeaters to Vietnam's largest wireless carrier, VMS's MobiFone, has been successfully completed.

Vietnam has a total number of mobile telephone subscribers well over 14.6 million and this total continues to grow at a rapid pace.

Vietnam Mobile Telecom Services Company (VMS), a state-owned company under Vietnam Posts and Telecommunications Corporation, and operating under the brand name MobiFone, is the largest network operator in Vietnam with 5 million subscribers and 1,500 base stations.

"We are very pleased to be working with such a prestigious client and skilled regional partner in one of the world's fastest emerging markets. The South East Asian region continues to grow in importance for Unity and our new regional office in Jakarta (See news of Apr 24, 2007 -- "Unity Wireless Opens Regional Office in Indonesia to Leverage Strong South East Asian Market Activity") will help us continue this momentum in Vietnam as well as other nations in the area," commented Michael Manor, Executive VP Sales - Coverage Enhancement Solutions at Unity Wireless.

About Unity Wireless

Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.

Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.

Contact Information

  • Investor Contacts:
    Talal Fouani
    Wall Street Financial Corp.
    (403) 616-8472

    Mike Mulshine
    Osprey Partners
    (732) 292-0982

    Noam Yellin
    Middle East Investor Relations
    +972 (3) 695-4333