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Mitec Telecom $3 million commitment for its patented ground-breaking amplifier technology

^{Published on 2009-07-29 13:46:35, Last Modified on 2009-07-29 13:46:42 - Market Wire}
 

 MONTREAL, July 29 /CNW Telbec/ - Mitec Telecom Inc. ("Mitec") (TSX: MTM), a leading designer and manufacturer of mobile wireless, fixed wireless, broadcast and satellite components, today announced that it has received customer commitments for its solid-state power amplifier (SSPA) technology which will likely amount to almost C$3 million in revenue. The commitments include a US$700,000 purchase order from the U.S. Department of Defense as well as qualification to participate in a US$2 million program led by a major U.S. systems integrator also in the military industry. The Company's patented SSPA technology was acquired by Mitec in 2007 through the purchase of San Diego-based Keragis Corporation. "I'm extremely pleased that we completed the qualification process with both a government agency and a major systems integrator," said Mitec President and CEO Dan Piergentili. "While qualifying to work with the military is a long and complex process, the upside potential over the long-term is tremendous. Our program with the systems integrator alone will deliver over $2 million in revenue over the next 18 months. And, we have received orders from the U.S. Department of Defense which has acknowledged the tremendous potential of the Keragis technology. We will continue to work closely with them on several initiatives," Piergentili said. Keragis' products enable extremely powerful amplifiers to be used in very compact structures. Both government and large military systems integrators have now qualified Keragis' technology for state-of-the-art applications they are developing which require amplifiers that generate high efficiency in smaller and lighter footprints. The market for this technology has substantial growth. About Mitec Telecom Inc. Mitec is a leading designer and provider of radio frequency (RF) products for the telecommunications and satellite communications industries, as well as a variety of other sectors. Mitec sells its products worldwide to network providers for incorporation into high-performing wireless networks used in voice and data/internet communications. Headquartered in Montreal, Canada, Mitec also operates facilities in California and China. Mitec is listed on the Toronto Stock Exchange under the symbol MTM. On-line information about Mitec is available at [ www.mitectelecom.com ]. Certain statements in this release, including statements regarding future results and performance, are forward-looking statements based on current expectations. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, but not limited to, the effect of general economic conditions, decreases in demand for Mitec's products, fluctuations in selling prices and adverse changes in general market and industry conditions and other factors listed in Mitec's public filings with the appropriate securities regulatory authorities. 

For further information: Mr. Jeffrey Mandel, Director, Investor and Corporate Relations, (514) 694-9000, [ jeffrey.mandel@mitectelecom.com ]; Source: Mitec Telecom Inc.