|SR Telecom and Microelectronics
Technology Sign Three-year WiMAX Manufacture and Supply Agreement
Other topics: WiMAX Investors,
Mobile WiMAX Trial
May 9, 2007
Montreal, Quebec, Canada & Hsinchu, Taiwan -- SR Telecom and
Microelectronics Technology Inc. (MTI) today announced that they have
extended their business partnership by entering into a three-year
agreement for the manufacture and supply of advanced WiMAX radio
systems. Under the agreement, MTI will supply base station radio units (BRU)
and customer premises equipment (CPE) for SR Telecom's symmetryMXTM
WiMAX-certified product portfolio.
|"Over the last year, MTI
has demonstrated their production expertise, dedication, ability and
efficiency in helping us further develop our WiMAX solutions and we are
delighted to reach this agreement with them," said Serge Fortin,
President and CEO of SR Telecom. "As we continue to focus all our
resources on our WiMAX strategy, we expect that this extended
relationship with MTI will shorten delivery times, improve our
competitiveness in the global WiMAX market and enable us to fully
execute on our business plan."
"We are pleased to extend our partnership with SR Telecom," said Mr.
Allen Yen, President and COO of Microelectronics Technology Inc. "This
agreement reflects our continued mutual commitment and demonstrates SR
Telecom's confidence in MTI's track record in delivering high quality
volume production and efficient customer support. We look forward to a
long and fruitful relationship with SR Telecom."
SR Telecom and MTI are building upon the strong business partnership
that has developed following the design agreement the two companies
signed last year for the development of WiMAX radios. MTI has recently
helped SR Telecom develop symmetryMX base station and CPE radio units
for specific frequency bands, and began a pilot production run for this
equipment in Q1 2007. For SR Telecom, this most recent agreement also
moves the Company forward in accomplishing its stated objective of
diversifying and de-risking its contract manufacturing processes.
Microelectronics Technology Inc. (MTI) is a high tech company
specialized in wireless communication product development, manufacturing
and global sales for more than 20 years. Based on the core competence in
microwave and RF technology, MTI has established a leading position in
the fields of microwave radios, satellite ODUs and receivers, mobile
base station components and broadband wireless access products. With
this excellent track record, MTI has established long term partnerships
with world's leading communication equipment providers. For more
information, please visit www.mti.com.tw.
About SR Telecom
SR Telecom (TSX:SRX) is a recognized global leader in delivering
innovative broadband wireless access (BWA) solutions that enable service
providers to efficiently deploy quality voice, Internet and
next-generation services in urban, suburban and remote areas. A
technological pioneer with more than 25 years of experience in wireless
networking, SR Telecom is the only BWA vendor with extensive real-world
expertise in deploying the advanced features of the WiMAX standard. It
actively promotes standards-based BWA networking through its role as a
principal member of the WiMAX Forum.
With its primary offices in Montreal, Mexico City and Bangkok, SR
Telecom is an agile, customer-focused organization with a proven track
record. SR Telecom's products are currently deployed in more than 120
countries worldwide. For more information, visit www.srtelecom.com.
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