Emerging Technology

CSE:NUR

NuRAN Wireless Inc. (CSE:NUR, FWB:1RN, OTCMKTS:NRRWF) (“NuRAN Wireless” or the “Company”), a leading supplier of mobile and broadband wireless infrastructure solutions, announces that it will offer mobile network operators (MNO’s) with evolutive multi-standard 2G, 3G, 4G (LTE) radio access network solutions thereby expanding its portfolio to address a broader market.

NuRAN Wireless Inc. (CSE:NUR, FWB:1RN, OTCMKTS:NRRWF) (“NuRAN Wireless” or the “Company”), a leading supplier of mobile and broadband wireless infrastructure solutions, announces that it will offer mobile network operators (MNO’s) with evolutive multi-standard 2G, 3G, 4G (LTE) radio access network solutions thereby expanding its portfolio to address a broader market.

Under development with planned availability in 2019, NuRAN’s LiteCell xG is a carrier-grade tower-mount mobile radio access equipment which may be operated in any combination of 2G, 3G, and 4G to maximize network access to subscribers through the simultaneous support of different technologies. Built from the ground up as a software-defined radio, LiteCell xG provides the flexibility and upgradability which operators are seeking in order to deliver the most appropriate services and evolve those services as needs arise with minimal intervention.

NuRAN expects its multi-standard solution to significantly widen its market base from strictly rural to rural and suburban greenfield deployments, as well as qualifying for infrastructure upgrade programs, including the replacement of existing 2G-only equipment.

“LiteCell xG will simplify the life of operators who are often faced with the dilemma of which technology should be deployed while considering current and future needs. Without compromising on cost or performance, they will be able to install a single piece of equipment, and at any time decide which services should be offered, based on user uptake”, states Martin Bedard, CEO of NuRAN Wireless. LiteCell xG is in direct response to what tier-one operators have requested from NuRAN for their future rollouts, and we are confident that it will get adopted at scale”, added M. Bedard.

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.

For further information about NuRAN Wireless;

www.nuranwireless.com

Martin Bedard
President and CEO
info@nuranwireless.com
(418) 914-7484

Frank Candido
Direct Financial Strategies and Communication
frank.candido@nuranwireless.com

(514) 969-5530

US Investor Contact

Trevor Brucato

Managing Director

RB Milestone Group, LLC

Stamford, CT & New York, NY

tbrucato@rbmilestone.com

www.rbmilestone.com

No regulatory authority has approved or disapproved the information contained in this news release.

Forward Looking Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the timing of the Offering, the use of proceeds from the Offering, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “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 information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NuRAN Wireless Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Click here to connect with NuRAN Wireless Inc. (CSE:NUR, FWB:1RN, OTCMKTS:NRRWF) for an Investor Presentation.

Source: www.thenewswire.com

MARKETS

Markets
TSX19986.55+100.61
TSXV673.30+3.58
DOW33340.66+31.15
S&P 5004209.40-0.84
NASD12790.22-64.59
ASX6992.70-37.10

COMMODITIES

Commodities
Gold1787.22-4.33
Silver20.27-0.32
Copper3.69+0.04
Palladium2289.09+41.09
Platinum960.42+14.43
Oil94.02+2.09
Heating Oil3.48+0.07
Natural Gas8.94+0.74

DOWNLOAD FREE REPORTS

×