QUEBEC CITY, Quebec, July 18, 2018 (GLOBE NEWSWIRE) — NuRAN Wireless Inc. (CSE:NUR) (OTC:NRRWF) (FSE:1RN), a leading supplier of mobile and broadband wireless infrastructure solutions, is conducting a series of trials of the Telecom Infra Project’s (TIP) OpenCellular wireless access platform with Tier-1 mobile network operators (“MNOs”). NuRAN is working in collaboration with Facebook and TIP as an original equipment manufacturer and distributor of OpenCellular.
As a further step towards the wide scale adoption of OpenCellular, NuRAN has entered into agreements with multiple tier-1 MNOs to conduct trials to validate network compatibility and to confirm the product’s functionalities, performance, and suitability for remote rural operation. Telecom equipment must go through a trial phase in order to be qualified by operators and in most cases involves lab and field trials. NuRAN has successfully completed a significant number of lab trials with these operators and is now preparing for field testing.
“We’re excited by NuRAN’s contributions to the OpenCellular Project Group and their trials with more mobile operators,” said Dr. Kashif Ali, Chair of TIP’s OpenCellular Project Group and Facebook Engineer. “These trials are an important contribution towards the project group’s goal of enabling reliable low-cost connectivity for people living in rural areas all over the world.”
“OpenCellular deployment plans are getting tangible as operators are affirming their interest in using such innovative solutions, even more so now that they can now witness the equipment operating on their live network. NuRAN will continue its involvement with OpenCellular through the qualification process with operators, and maintain its positioning at the forefront of Connecting the Next Billion,” stated Maxime Dumas, VP Strategy & Corporate Development at NuRAN Wireless.
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;
Martin Bédard
President and CEO
[email protected]
(418) 914-7484
Frank Candido
Direct Financial Strategies and Communication
[email protected]
(514) 969-5530
US Investor Contact
Trevor Brucato
Managing Director
RB Milestone Group, LLC
Stamford, CT & New York, NY
[email protected]
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.