Mitec Telecom Wins First in a Series of Orders

For its new MTX series VSAT Block Upconverter, Mitec Telecom Inc., a premier designer and manufacturer of mobile wireless, fixed wireless, broadcast and satellite components, announced it has received the first in a series of orders from a large network operator.
 
In Q2, fiscal 2011, the deliveries are expected to take place whereas the additional orders are expected from this customer throughout the year.
 
Mitec officially launched this new series of products in Q4, fiscal 2009. It also began to phase out its legacy line of WTX Series Block Upconverters. The MTX product line, following significant investment in R&D and marketing, has differentiated Mitec from its competition.
 

 
Currently, the customer is busy working for a network expansion project in Africa, where there is significant demand for 2-way satellite communication to support the growth of multimedia, voice and data services in geographically challenging areas.
 
Consistent revenues quarter over quarter are generally demonstrated by Mitec's VSAT division because network build-outs are planned well in advance and operators consider Mitec's components the backbone of these expansion projects. As a result of the performance standard that the new MTX product line established in the market, this order was generated.
 
With the launch of these new products, which have generated better than anticipated interest and have been accepted as the industry standard going forward, Mitec expects continued success.