SOURCE: Unity Wireless Corporation

August 15, 2007 03:00 ET

Unity Wireless Wins 5 Year Vendor Status With Russia's Largest Wireless Network Operator

Two New Orders for Unity's Indoor & Outdoor Repeater Line Lead to a Successful Bid and National 5 Year Approved Vendor Status

MOSCOW and BELLINGHAM, WA--(Marketwire - August 15, 2007) - Unity Wireless Corporation (OTCBB: UTYW) is pleased to announce that the success of two recent new orders for the company's outdoor and indoor repeater products paved the way for last week's win in a major vendor selection bid for a 5 year national network build out of Russia's largest wireless operator.

"We continue with rapid, stable market share growth in the Russian market," commented Michael Manor, Executive Vice President, Sales for Unity's Coverage Enhancement Solutions group. Mr. Manor continued, "This latest, and largest, win in the region positions us to be a significant supplier to Russia's biggest operator as they build out their national network. Putting the scale of opportunity into perspective, the client's cellular license portfolio covers a territory with a population of about 240 million. Geographically it covers 77 regions of Russia with 136.5 million people, representing 94% of Russia's population. As of March 31, 2007, the client's total number of subscribers in Russia and the CIS was 56.8 million."

For an overview of Unity's leading edge outdoor frequency shifting repeaters, and high efficiency indoor repeaters, please see the easy to view product overview presentation at http://www.unitywireless.com/pdf/UTYW%20Product%20Presentation.pdf

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

    David Orton
    VP Marketing & Investor Relations
    Unity Wireless
    Toll Free 1-877-988-6489