BURNABY, British Columbia, July 25, 2005 (PRIMEZONE) -- Unity Wireless Corporation (OTCBB:UTYW), a developer of integrated wireless subsystems, power amplifiers, and coverage enhancement solutions, announced today that it received a US$320,000 purchase order for power amplifiers from a North American-based tier-1 OEM (original equipment manufacturer) of wireless networks and telecommunications equipment.
The power amplifiers ordered by this customer are the same model as power amplifiers Unity Wireless previously sold to this customer for incorporation into their CDMA base station, but are for a new end-user of this customer's CDMA base station product and represents a new business opportunity for the customer. The previous sales of this product occurred in late 2004, when the customer bought approximately US$300,000 for a field trial, and in February 2005, when the customer bought approximately US$800,000 for their initial commercial deployment of CDMA base stations that incorporate product from Unity Wireless.
Ilan Kenig, president and CEO of Unity Wireless, stated, "This is another example of a common sales cycle in our industry and illustrates how successful deployment by a customer can increase our revenue potential as they create new business opportunities in multiple markets for their products. Including the order announced today, this customer has now purchased and ordered approximately US$1.5 million of product for field trials and early commercial deployment. We believe that this product is very early in its life cycle and that revenue opportunities should continue to grow significantly."
Unity Wireless has since qualified three additional products with this customer. All four are now generating revenue.
About Unity Wireless www.unitywireless.com
Unity Wireless is an ISO 9001:2000 certified developer of RF (radio frequency) power amplifiers, components, integrated front-ends, and coverage enhancement solutions for wireless communications networks. Our products are an integral part of the base station and repeater infrastructure that comprise the backbone of wireless communications networks around the world. From analog cellular to 3G mobile and fixed wireless applications from 450 MHz to 3.5 GHz, Unity Wireless products deliver enhanced efficiency and performance with field-proven quality and reliability in tens of thousands of base stations and repeaters around the world.
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," "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 raise the funds necessary for the Company's continued operations, 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.