MTI Wireless Edge Limited First Order from Tanzania

TIDMMWE

MTI Wireless Edge Limited

23 November 2016

November 23, 2016

MTI Wireless Edge Ltd

("MTI" or the "Company")

First Order from Tanzania

MTI Wireless Edge Ltd (AIM: MWE), the developer and manufacturer of sophisticated antennas and antenna systems and wireless irrigation solution provider, is pleased to announce that its subsidiary, Mottech Water Solutions Ltd. ("Mottech"), has received an order for energy and water resources management from a new customer in Tanzania. Whilst this order is small in terms of its initial value, it represents Mottech's first sale in Tanzania.

MTI CEO, Dov Feiner, commented: 'We are very pleased to see Mottech's solutions being adopted in new territories. The technology and services provided by Mottech enable the efficient management of water and power, which are expensive resources in the African market. We believe that there is a significant growth opportunity for Mottech's services to be successfully used across Africa, and we hope that this deployment can become a local reference site, in order to demonstrate the cost and resource saving benefits of wireless irrigation control.'

For further information please contact:

 
 MTI Wireless Edge            http://www.mtiwe.com/ 
  Dov Feiner, CEO              [phone] 
  Moni Borovitz, Financial 
  Director 
---------------------------  ---------------------- 
 Allenby Capital Limited 
  Nick Naylor 
  Alex Brearley               [phone] 
---------------------------  ---------------------- 
 

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: WiMAX, Wireless Networking, RFID readers &, Broadband Wireless Access. 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

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November 23, 2016 02:01 ET (07:01 GMT)