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Wireless Broadband Communication Systems

Tranzeo Recognized as One of 50 Fastest Growing Wireless Businesses in the World

Other Topics: WiMAX Laptop ExpressCard, WiMAX Reverse Path Demodulator, Mobile WiMAX Channel Emulation

Tranzeo Wireless Technologies Inc.
October 24, 2007

Credits customer satisfaction to its five-year 1,072% revenue growth.

Pitt Meadows, B.C. -- Tranzeo Wireless Technologies Inc. (TSX: TZT), a premier manufacturer of high-performance wireless broadband communication systems, has been ranked 23 in Deloitte's Wireless Fast 50 Program. The program ranks the 50 fastest growing wireless companies according to Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage fiscal year revenue growth over five years from 2002–2006.
 
 
Jim Tocher, CEO and President of Tranzeo Wireless Technologies, Inc. credits exceptional customer service for the company's 1,072% revenue growth from 2002–2006. “We pride ourselves on our customer-focused business model which focuses on controlling costs and maintaining the highest quality manufacturing standards,” said Tocher. “We listen to our customers’ needs and deliver new and innovative products such as our line of indoor and outdoor WiMAX subscriber units to fulfill them.”

"The wireless industry is on the cusp of great changes as new technologies such as WiMAX and 3G upend the market...and yet, we are only scratching the surface of what is possible," said Phil Asmundson, Vice Chairman, U.S. Technology, Media & Entertainment and Telecommunications, Deloitte & Touche USA LLP. "Our first-ever Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector. Companies such as Tranzeo have achieved sustained growth while navigating constant change, and are beacons of a promising future for the wireless industry."

Earlier this month, Tranzeo was ranked 22nd in the prestigious Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada, based on percentage of revenue growth over five years.

To qualify for the Wireless Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006. They must own proprietary wireless technology or proprietary wireless intellectual property that contributes to a significant portion of their operating revenues or devote a significant proportion of revenues to the research and development of wireless technology. Using other companies' wireless technology or intellectual property in a unique way does not qualify.

Companies from the Wireless Fast 50 program are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Wireless Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Tranzeo
Tranzeo Wireless Technologies Inc. (TSX:TZT) leads the wireless broadband industry as a premier manufacturer of high-performance wireless network equipment that allows communities and businesses to communicate without boundaries.

Within its state-of-the-art automated manufacturing facility, Tranzeo designs and produces all of its equipment for quick installation, ease of use and minimal maintenance. Its three-year product warranty sets the industry standard for service. Since the company’s inception in 2000, Tranzeo’s optimum cost effectiveness, premium quality and responsive support have attracted a growing and devoted worldwide following of more than 2,465 dealers and 19 distributors. Tranzeo’s full spectrum of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe. Robust solutions and first-rate OEM capabilities have resulted in remarkable growth in sales and market presence. Headquartered in Greater Vancouver, Canada, Tranzeo Wireless can be found online at www.tranzeo.com or by telephone at 1.866.872.6936.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.