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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mti Wireless Edge Ltd. | LSE:MWE | London | Ordinary Share | IL0010958762 | ORD ILS0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.00 | -2.33% | 42.00 | 41.00 | 43.00 | 42.00 | 41.50 | 41.50 | 20,655 | 08:00:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Communications Equip, Nec | 45.63M | 4.05M | 0.0458 | 9.17 | 37.13M |
From Apr 2019 to Apr 2024
TIDMMWE
RNS Number : 4777X
MTI Wireless Edge Limited
22 February 2017
22 February 2017
MTI Wireless Edge Ltd
("MTI" or the "Company")
CONTRACT WIN FOR MTI WIRELESS EDGE
MTI Wireless Edge Ltd (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems and provider of wireless irrigation solutions, is pleased to announce that it has secured a new contract worth US$1.8 million from an existing customer in the broadband wireless access ("BWA") sector. The contract will be fully delivered in 2017.
MTI CEO, Dov Feiner, commented: 'We are delighted with this order win which again highlights our advanced technology, capabilities and position in the BWA market.'
For further information please contact:
MTI Wireless Edge http://www.mtiwe.com/ +972 Dov Feiner, CEO 3 900 8900 Moni Borovitz, Financial Director --------------------------- --------------------------- Allenby Capital Limited Nick Naylor Alex Brearley +44 20 3328 5656 --------------------------- ---------------------------
About MTI Wireless Edge
MTI is engaged in the development, production and marketing of High Quality, Low Cost, Flat Panel Antennas for Commercial & for Military applications. Commercial applications such as: 5G and small cell backhaul, Broadband Wireless Access and RFID. With over 40 years' experience, supplying antennas 100KHz to 90GHz including directional antennas and Omni directional for outdoor and indoor deployments including Smart Antennas for WiMAX, Wi-Fi, Public Safety, RFID and for Base Stations and Terminals - Utility Market. Military applications include a wide range of broadband, tactical and specialized communications antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.
Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI is also a leading provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies. Mottech, headquartered in Israel, is the global prime distributor of Motorola for the IRRInet remote control solutions serving its customers worldwide through its subsidiaries and a global network of local distributers and representatives. It utilizes over 25 years of experience in providing its customers with remote control and management systems which ensure constant, reliable and accurate water usage, while reducing operational costs and maintenance costly expenses. Mottech's activities are focused in the market segments of agriculture, water distribution, Municipal and Commercial Landscape and Wastewater and Storm water Reuse.
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTEAXAFAESXEFF
(END) Dow Jones Newswires
February 22, 2017 02:00 ET (07:00 GMT)
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