Tranzeo Wireless Technologies Inc.
TSX : TZT

Tranzeo Wireless Technologies Inc.

December 06, 2006 09:00 ET

Wi-Pipe Signs Distribution Agreement With Tranzeo Wireless to Market Low-Cost Fixed Wireless Broadband Solutions

PITT MEADOWS, BRITISH COLUMBIA--(CCNMatthews - Dec. 6, 2006) - Tranzeo Wireless (TSX:TZT) and Wi-Pipe today announced an agreement to increase distribution of Tranzeo's fixed wireless broadband solutions throughout Europe.

Under the distribution agreement, Wi-Pipe has committed to minimum yearly volumes of US $546,000 and will carry stock for companies looking to create commercial, semicommercial, and private wireless networks all over Europe.

The Wi-Pipe/Tranzeo connection underscores each company's commitment to delivering cost effective solutions and addressing the wireless needs of dealers and operators in Ireland and other parts of Europe. Tranzeo products deliver state-of-the-art wireless technology to areas where wireless connectivity can provide low-risk, cost-effective alternate solutions to traditional DSL, cable modems, and fiber optic cable connections.

Justin Collery, CEO for Wi-Pipe, said, "We are delighted to partner with Tranzeo. Tranzeo have consistently demonstrated their commitment to the market, and will fill a valuable segment in our portfolio. We and our customers are looking forward to a bright, wireless future with Tranzeo."

"More and more enterprise customers and wireless service providers are continuing to discover the high quality and value of Tranzeo equipment. By bringing on more channel partners like Wi-Pipe, we are continuing to make it easier for these users to have access to our products," said Brent Hickman, Channel Manager for Tranzeo.

About Wi-Pipe: Wi-Pipe is a leading provider of antenna and related products to the commercial, semi-commercial and private wireless networks, CCTV and RF sectors. We strive to provide the highest quality products, to have the greatest range of professional antenna and to provide the best service, giving best overall value for money. For more information on Wi-Pipe please visit http://www.wi-pipe.com.

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 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 21, 2006, we have sixteen distributors, six in the United States, five in Europe, one in Brazil, one in Mexico, one in the Middle East, one in South Africa, and one in Australia.

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 or Toll Free: 1-866-872-6936
    (604) 460-6005 (FAX)
    Email: mjohansen@tranzeo.com
    Website: www.tranzeo.com