PRESS RELEASE: Wi-Tron, Inc. Receives First Purchase Orders for its Multi-Channel 80W W-CDMA Amplifier and Multi-Channel GSM1800 Amplifiers
RARITAN, N.J.--(BUSINESS WIRE)--Jan. 24, 2006--
Wi-Tron, Inc. (OTCBB: WTRO), a manufacturer of ultra-linear high power amplifiers and high speed broadband wireless products, today announced that it received new purchase orders from an Asian customer for the company's UMTS2100 and GSM1800 Multi-Channel Ultra Linear amplifiers. These initial orders are expected to generate about $1.5m in revenues over the next four to six months.
John Chase Lee, Wi-Tron's CEO, stated, "With 2G network growth continuing and with major 3G roll-outs being planned and executed throughout the Asian market, we believe these orders represent an important first step in building a relationship with our Asian-based customers. Wi-Tron is in the process of building a solid team of engineers with expertise in the state-of-the-art amplifier designs used in the industry today. We hope to tap this experienced talent in order to provide the ultra-linear, high-efficiency amplifiers the industry demands, for the broadband wireless networks of today and tomorrow."
For additional product information, please visit our website at www.Wi-Tron.com.
Company Background
Wi-Tron, Inc. designs, manufactures and sells ultra-linear single and multi-channel power amplifiers and broadband high-speed wireless products to the worldwide wireless telecommunications market. Single and multi-carrier linear power amplifiers, key components in cellular base stations, increase the power of radio frequency and microwave signals with low distortion. Our products are marketed to the cellular, PCS, X-band, and local loop segments of the wireless telecommunications industry.
Information in this press release may be forward-looking. Forward-looking statements may differ materially from actual results due to known and unknown risks, uncertainties and other factors. In addition to statements which explicitly describe these risks and uncertainties, readers are urged to consider statements labeled with the terms "believes", "belief", "expects", "intends", "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements represent Wi-Tron's judgment as of the date of this release. Actual results depend on Wi-Tron's ability to, among other things, generate revenue, reduce operating losses, and successfully develop and market its products to Asian and other markets. These and other risks and uncertainties are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
CONTACT: Wi-Tron, Inc. Tochi Bains, 908-253-6870 ext. 106 or Investor Relations: Dianne Will, 518-398-6222 dwill@willstar.net SOURCE: Wi-Tron, Inc. Copyright Business Wire 2006
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