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NuRAN Wireless Selected for Rural Connectivity Project in Mexico
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Quebec, QC, Canada / TheNewswire / May 16th, 2017 - NuRAN Wireless Inc. (‘Nuran Wireless” or the “Company”) (CSE:NUR) (OTC:NRRWF) is pleased to announce it was selected by Grupo HEMAC for a rural connectivity project initiated by the Government of the State of Jalisco, Mexico.
NuRAN received a first purchase order for the LiteRAN 2G, its complete rural GSM Network solution from Grupo HEMAC, a system integrator hired by the Government of Jalisco, Mexico to bring mobile connectivity and mobile Internet to 11 rural communities located in the northern part of the Jalisco state. These villages, with populations ranging from approximately 45 to 1000 people, have no access to the power grid, mobile connectivity and mobile Internet. The communities, through a public enquiry performed by the Government of Mexico, requested access to communications services. This request was accepted by the Government who agreed to finance the purchase and the deployment of the telecommunication equipment and is now looking to establish a partnership with an operator that will manage these new infrastructures and provide the mobile services to the communities.
“This project in Jalisco, Mexico is perfectly aligned with NuRAN’s mission to connect everyone, everywhere. We strongly believe that communication services should be available to all communities no matter their size as it fulfills a basic need and allows for social and economic development. The financial barrier for building telecom infrastructures is now a matter of the past as our disruptive LiteRAN 2G technology makes even small sites profitable for the operator willing to extend its footprint.” stated Francis Letourneau, VP Sales & Marketing of NuRAN Wireless.
A second phase of this project could follow with 20 other communities and 6500 people in Jalisco looking forward to being empowered with mobile access. The opportunity for connectivity in Mexico is tremendous as 54 million adults in the country were still unconnected to mobile services in 2015 based on GSMA’s Intelligence. This lack of communication poses serious challenges to the population on everything from education to getting assistance in case of medical or crime-related emergencies, which makes connecting the unconnected a high priority for the Government of Jalisco.
About NuRAN Wireless
NuRAN Wireless, with its wholly owned subsidiary Nutaq Innovation, is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.
The company provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.
For Further Information about Nuran Wireless or Nutaq Innovations;
www.nuranwireless.com or www.nutaq.com
Martin Bédard and Patrice Rainvile
Co-Presidents and Co-CEOs
http://nuranwireless.com/investor-relations/overview/
Tel: (418) 914-7484 Fax: (418) 914-9477
Toll Free: 1-855-914-7484 Email: Info@nuranwireless.com ; info@nutaq.com
or
Frank Candido
Direct Financial Strategies and Communication
Tel: (514) 969-5530
No regulatory authority has approved or disapproved the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "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 statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of NuRAN Wireless to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include: the Company’s quest to connect the next billion; statement that 2016 will prove to be another major turning point as the Company’s sales pipeline continues to grow substantively; statement that the Company’s products and solutions are being tested for future deployments in many countries on the five continents worldwide; the Company’s expectation to continue its revenue growth and reach its primary business objective of profitability by the end of 2016; statement that the Company will continue to deploy its current 2G products while concurrently working on its next generation product line to continue to fuel future demand for rural connectivity; statement that Nutaq Innovation will continue to pursue its long standing status of innovation with 4G and 5G development. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: the ability of NurRAN Wireless to obtain necessary financing; general economic conditions in Canada and globally; competition for, among other things, capital and skilled personnel; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Company’s competition; and the Company’s failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Company’s reports filed on SEDAR (www.sedar.com), including its financial statements for the year ended October 31, 2015, and those referred to under the heading “Risk Factors”. These forward-looking statements should not be relied upon as representing NuRAN Wireless’ views as of any date subsequent to the date of this press release.