SK Telecom May Delay 3G Roll-Out

CDMA Wireless Base Station Order For China

Mitec Telecom, a leading designer and manufacturer of wireless network products, announced that it has received orders from a major network provider to supply 800 MHz CDMA IS95 BTS micro base stations for supply to China and South America. The value of the contract is estimated at CAN $8 million. Deliveries are scheduled to commence immediately.

"This new contract is a tremendous vote of confidence in Mitec," said Rajiv Pancholy, President and CEO. "With our liquidity vastly improved, we can now put even more emphasis on serving our customers with a range of highly reliable and well-designed products."

ABOUT MITEC TELECOM
MITEC Telecom is a leading designer and manufacturer of products for the
telecommunications industry. The Company sells its products worldwide to
network providers for incorporation into high-performing wireless networks
used in voice and data/Internet communications. Additionally, the Company
provides value-added services from design to final assembly and maintains test
facilities covering a range from DC to 60 GHz. Headquartered in Montreal,
Canada, the Company also operates facilities in the United States, Sweden,
United Kingdom, China and Thailand.

This Press Release Sponsored by AGILENT TECHNOLOGIES

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