us
: Unity Wireless announced that it has won a significant portion of
a bid to supply China's ZTE Corporation with power amplifiers for
the production of 450MHz, 800MHz and 1,900MHZ base stations in 2006.
Unity Wireless
has already received purchase orders under the bid for more than $275,000
of products to be delivered beginning immediately. Based on ZTE's
production forecast, the company expects that revenues from the bid
will exceed $3 million through the balance of 2006. Each product was
previously qualified by ZTE, and sales of these products to ZTE will
represent ongoing revenue for products currently in production.
Ms. Yan Ng PhD,
Director of OEM Business Development in the Asia Pacific region, commented,
"The China market has always been important for Unity Wireless.
We maintain a local office and customer support personnel in China
to provide this growing market with superior customer support. Winning
this bid strengthens our position in this market, and positions us
to further expand our market share when China releases 3G licenses."