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NuRAN Receives Orders of over $1 Million, Including Initial Delivery of 4G LTE Products




QUEBEC CITY, QUEBEC — (Marketwired) — 10/02/17 — NuRAN Wireless (CSE: NUR)(CSE: NUR.CN)(CNSX: NUR)(OTC PINK: NRRWF) is pleased to announce that it has received new orders of over $1 Million Canadian related to rural connectivity which includes the delivery of the newly-developed 4G LTE small cells.

These new orders include the first deliveries of 4G LTE small cells to a Tier One Telecom Operator demonstrating the relevance of broadband in rural connectivity.

“These new contracts are further evidence of the pressing need for mobile broadband infrastructure in areas other than large urban centers, and that solutions better adapted to these markets are key to continued growth in connectivity. Our partnerships with global players is also testimony to our deep know-how in the area of wireless connectivity and clearly demonstrates our worldwide leading role in this important endeavor of connecting everyone, everywhere”, states Martin Bedard, Co-CEO at NuRAN Wireless Inc.

About NuRAN Wireless

NuRAN Wireless is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.

Nutaq Innovations is a wholly owned subsidiary of NuRAN Wireless. Nutaq is a leading provider of advanced digital signal processing (“DSP”) solutions and wireless technologies, including software defined radios (“SDR”). The Company operates three complementary lines of business; Wireless Network Products, Advanced Development Platforms (“ADP”) and Engineering Services.

No regulatory authority has approved or reviewed the contents of the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of NuRAN Wireless to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include: the Company–s quest to connect the next billion; that this strategic acquisition allows Nuran to offer a complete mobile and broadband solution and the ability to secure the Nuran solution as the leader in rural and remote mobile connectivity, that the acquisition reinforces NuRAN–s strategic positioning towards new and small operators by offering an end-to-end mobile small-cell network solution with the lowest Total-Cost-of-Ownership (TCO) on the market and that the acquisition will allow NuRAN the opportunity to bring cellular coverage to emerging market where the return on investment (ROI) was previously simply too low. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: the ability of NurRAN Wireless to obtain necessary financing; general economic conditions in Canada and globally; competition for, among other things, capital and skilled personnel; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Company–s competition; failure to integrate the technology and assets acquired from the Vendors and the Company–s failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Company–s reports filed on SEDAR), including its financial statements for the year ended October 31, 2015, and those referred to under the heading “Risk Factors”. These forward-looking statements should not be relied upon as representing NuRAN Wireless– views as of any date subsequent to the date of this press release.

Contacts:
For further Information about
NuRAN Wireless or Nutaq Innovations:
or

Martin Bedard and Patrice Rainville
Co-Presidents and Co-CEOs
(418) 914-7484 or Toll Free: 1-855-914-7484
(418) 914-9477 (FAX)
;

Direct Financial Strategies and Communication
Frank Candido
(514) 969-5530





Posted by on 2. October 2017. Filed under Picture Gallery, Wireless & Mobile. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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