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Nuran Wireless Inc
Symbol NUR
Shares Issued 105,942,419
Close 2017-02-21 C$ 0.25
Market Cap C$ 26,485,605
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ORIGINAL: NuRAN Wireless Receives an Over $1M Order for Africa

2017-02-21 11:39 ET - News Release

(via TheNewswire)



Quebec, QC, Canada, February 21 st , 2017 - NuRAN Wireless Inc. ('Nuran Wireless" or the "Company") (CSE:NUR) (OTC:NRRWF), a leading supplier of mobile and broadband wireless solutions to connect the next billion, is pleased to announce that it has received an over $1 Million order of its LiteCell 1.5 to be deployed for a Tier One operator, by Africa Mobile Network ("AMN"), in Africa.

Following the successful trial announced on November 29, 2016, NuRAN received from AMN an initial order of hundreds of units of its LiteCell 1.5 to be delivered in the Democratic Republic of the Congo (DRC) in the first half of 2017. According to AMN's forecasts, the objective is to deploy thousands of units in the upcoming 3 to 4 years throughout Africa.

"NuRAN has a rapidly growing sales pipeline of opportunities around the world and this purchase order is further evidence that these opportunities are realistic. With over 1 billion people to be connected around the planet to basic mobile and data services, we are barely scratching the surface." states Martin Bedard, Co-President of NuRAN Wireless Inc.

Building wireless infrastructure in many of these remote and rural areas was simply not feasible or economical for a Mobile Network Operator (MNO). The Nuran Wireless LiteCell 1.5 breaks this barrier by providing an economical and viable solution. The LiteCell 1.5 is the lowest OPEX and CAPEX product available in the World and opens a new alternative to bring telephony and data to these unserved areas.

"This purchase order is simply another small step towards our objective of connecting anybody anywhere. 2017 will be a transformative year for our Company as we continue to build the largest footprint in rural and remote connectivity in the World." states Francis Letourneau, V.P. Sales and Marketing at NuRAN Wireless Inc.

The overall market opportunity for rural and remote connectivity is in the billions of dollars. NuRAN has already established itself as the market leader with installs in 5 continents including Africa, South America, North America, the Middle East and Asia.

About LiteCell 1.5

The GSM LiteCell 1.5 is the world's most affordable, lowest power consumption, and easiest to deploy GSM base station. Specifically designed to reach the next billion mobile subscribers, the GSM LiteCell opens a whole new world of possibilities for connecting low density, low income, and remote populations. In the past, remote and sparsely populated locations could not benefit from mobile coverage, as projected revenues from the smaller subscriber bases could not justify the deployment and operation costs inherent to traditional equipment. This reality now belongs to the past, as the GSM LiteCell makes it possible to build sites at very low cost, and where only minimal or no infrastructure at all exists. Operators now have the possibility to extend their network coverage and reach these subscribers in a viable and profitable way.

The GSM LiteCell is a hand-carried, tower-mounted base station. It does not require any machinery to install nor any kind of shelter to protect it. The base station's ultra-low power consumption minimizes CAPEX associated to solar panels and batteries OPEX in the case of diesel-powered sites. When combined with NuRAN's NuBSC and LiteSat, the LiteCell achieves industry-leading bandwidth optimization, thereby keeping the OPEX of satellite-backhauled sites to an absolute minimum. The LiteCell 1.5 is NuRAN's fourth generation of GSM base station. It builds on a track record of high reliability, with thousands of units deployed in all parts of the world, enduring the harshest conditions.

About NuRAN Wireless

NuRAN Wireless is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.

The Corporation provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.

For further Information about NuRAN Wireless or Nutaq Innovations:

www.nuranwireless.com or www.nutaq.com

Martin Bedard and Patrice Rainville Co-Presidents and Co-CEOs

Tel: (418) 914-7484 Fax: (418) 914-9477

Toll Free: 1-855-914-7484 Email: info@nuranwireless.com ; info@nutaq.com

Direct Financial Strategies and Communication

Frank Candido

514-969-5530 directmtl@gmail.com


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 intention to expand the business and operations of NuRAN Wireless and its product line. 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 NuRAN 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 Corporation's competition; and the Corporation's failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Corporation's reports filed on SEDAR (www.sedar.com), 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.

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