SOURCE: Unity Wireless Corp.

July 31, 2006 09:00 ET

Unity Wireless Lands Product Development Order From North American Tier-1 Customer

BURNABY, BC -- (MARKET WIRE) -- July 31, 2006 -- Unity Wireless Corporation (OTCBB: UTYW), a developer of wireless systems and coverage-enhancement solutions, has received a purchase order worth approximately US$180,000 from an existing North American Tier-1 customer for the development and delivery of new products for system qualification during the month of August and subsequent field trials scheduled for this year.

Ilan Kenig, President and CEO of Unity Wireless, commented, "This is a very important project for Unity Wireless in terms of its potential size. We believe this contract highlights our ever expanding partnership with this customer and the greater support we are now providing as we take a more important role in the development of this new version of their successfully deployed broadband wireless network."

The new products being developed are designated for a new broadband wireless access network requirement that, if the customer is successful in winning the order from a specific wireless network operator, could represent a substantial production revenue opportunity for Unity Wireless.

"We believe that this opportunity has the potential to be very significant project for our company," noted Rick Byrd, Vice President, Sales - OEM Solutions at Unity Wireless. "We are very proud of the close relationship we have established with this customer during the last several years and we are pleased to be given this opportunity to develop more base station-related products to meet this customer's increasing requirements for new system deployments."

About Unity Wireless

Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. 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, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, 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 Contact:
    James Carbonara
    The Investor Relations Group
    (212) 825-3210

    Mike Mulshine
    Osprey Partners
    (732) 292-0982
    osprey57@optonline.net