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Tranzeo Signs With Singapore Manufacturer to Produce WiMAX Radios for Asia
Tranzeo Wireless Technologies Inc. (TSX: TZT), a premier manufacturer of wireless broadband and WiMAX communication systems, has signed an agreement with SIIX, a leading contract manufacturer with worldwide operations, to manufacture the Tranzeo WiMAX product line at the SIIX facility in Batam, Indonesia.
The agreement positions Tranzeo to supply WiMAX radios throughout Asia including Indonesia where the government is close to releasing spectrum at 2.3GHz and 3.3GHz specifically for WiMAX broadband services. Indonesia will emphasize local manufacturing to spur the country's economic development and the relationship with SIIX contributes local content to Tranzeo's product line.
"Asia is a significant component of our WiMAX strategy. There are several countries in the region that have plans to rapidly adopt fixed WiMAX for broadband wireless access. Tranzeo is in an excellent position to serve these markets and partnering with SIIX is an important aspect of our plan," said Jim Tocher, President and CEO of Tranzeo.
From an operational standpoint, Tranzeo is duplicating its manufacturing processes at SIIX's Batam facility to add additional capacity for its WiMAX product line, to improve its business continuity process, and to better serve the Asia market place with local manufacturing and support, shorter delivery times, and reduced shipping costs.
About SIIX
SIIX Corp., the global business organizer, serves as both a trading company and an electronics manufacturer. With half a century's experience in overseas trade and a cohesive business network that spans the world, SIIX matches customer needs with breakthrough ideas and business support. Headquartered in Singapore, Japan, SIIX has established a worldwide network to manage design and development, materials procurement, manufacturing and assembly (EMS), logistics and after-sales service to provide business value to clients. Visit http://www.siix.co.jp/ for more information.
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. 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 16 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. Headquartered in British Columbia, Canada, Tranzeo also has offices in San Diego, California and Shannon, Ireland. Visit www.tranzeo.com or phone 1.866.872.6936 for more information.
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.
Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo Wireless Technologies Inc.
Copyright © 2009, MarketWire
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Copyright © 2009, NewsBlaze,
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Tags: ,Retail:ConsumerElectronics, Telecom:TelecommunicationServices, Telecom:Wireless, ,PA,PITT MEADOWS, BRITISH COLUMBIA
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